Updated 4-Unit
4763 Goethe Avenue, Saint Louis, MO 63116
For Sale
$360,000
Each apartment has a bedroom, full bath, living room, and eat-in kitchen.
Property Size3,300 SF
Days on Market71
Property Features for 4763 Goethe Avenue
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
large backyard
parking pad
Building Details
Building Size
Year Built
Listing Agency:
Garcia Properties
(314) 353-0336
Listed By:
Kelsey Snell
(314) 681-3048
Source:
Grassmuckrealty
Added: Sep 1
Changed: Nov 9
Last Checked: Nov 9 at 4:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Garcia Properties
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Investment Insights
Based on property information with market context.
Built in 1928, this four-unit property contains apartments with a living room, eat-in kitchen, bedroom, and full bathroom. Kitchen and bathroom improvements have been completed in the units. A large backyard and parking pad provide additional outdoor and parking space.
The property is in St. Louis’s Princeton Heights neighborhood, within walking distance of Cafe Nova, Onesto, and other local businesses.
The property is in St. Louis’s Princeton Heights neighborhood, within walking distance of Cafe Nova, Onesto, and other local businesses.
Key Highlights
- Four apartments, each with a living room, eat‑in kitchen, bedroom, and full bath
- Kitchen and bathroom improvements in the apartments
- Large backyard and parking pad
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,710
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,200
$614.2K
Cap Rate 7%
$438,714
$438.7K
Cap Rate 9%
$341,222
$341.2K
Market Conditions
NOI Build-Up for 3,300 SF
Gross rent
$59.4K $18.00/SF
− Vacancy
−$3.6K −$1.08/SF
EGI
$55.8K $16.92/SF
− OpEx
−$25.1K −$7.61/SF
NOI
$30.7K $9.31/SF
Area
St. Louis County, MO
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$614,200
Cap Rate 7%
$438,714
Cap Rate 9%
$341,222
Alternative Uses
Best Use
Multifamily LT 5
$504.1K
$441.1K – $588.2K
NOI $35,289 @ 7.0% cap · market cap 9.80%
Second Best
Apartment 5plus
$438.7K
$383.9K – $511.8K
NOI $30,710 @ 7.0% cap · market cap 8.53%
Theoretical Best
Office A
$708.2K
$619.7K – $826.3K
NOI $49,577 @ 7.0% cap · market cap 13.77%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
581
Businesses Nearby
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Business Placement
Demographics for 63116, MO
41,959
Population
22,394
Households
1.9
Avg Household Size
37
Median Age
37%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
7,770
Density / Sq Mi
$60,193
Median Household Income
$42,012
Median Earnings
$946
Median Rent
$161,100
Median Home Value
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Market
Average Price Trend$/SF for Quadplexes in St. Louis County, MO
Properties on Market for Quadplexes in St. Louis County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Each apartment has a bedroom, full bath, living room, and eat-in kitchen.
Where is this quadplex located?
The property is located at 4763 Goethe Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Four apartments, each with a living room, eat‑in kitchen, bedroom, and full bath; Kitchen and bathroom improvements in the apartments; Large backyard and parking pad
