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    Brick South City Duplex with Private Entries Title is generated by Realmo AI

    4931 Mardel Avenue St, Louis, MO 63109

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    Claim this Listing
    For Sale
    $279,900

    MULTI_FAMILY - Colonial - St Louis, MO

    Property size:
    2,268 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $123/SF
    Added:
    Apr 30, 2026
    Days on Market:
    69
    Last Refresh:
    Jul 7 at 12:06 am

    Property Features for 4931 Mardel Avenue St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bathrooms
    2
    Rooms
    Bathroom 1, Basement, Bathroom 2
    Parking features
    Garage, On Street
    Security features
    Security System
    Patio and Porch features
    Porch
    Interior features
    Ceiling Fan(s), High Speed Internet, Tub
    Exterior features
    Balcony, Private Entrance
    Basement
    Concrete
    Appliances
    Dishwasher, Microwave, Electric Range, Refrigerator, Electric Water Heater
    Standard status
    Active
    APN
    6031-00-0410-0
    Size
    2,268 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    C.B. 6031 MARDEL 32 FT X 120 FT NORTHAMPTON ADDN. BLOCK 5 LOTS W-33 & E-34
    Tax Annual Amount
    2873

    Utilities

    Utilities
    Cable Available
    Heating system
    Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1927
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Brick, Vinyl Siding
    Architectural style
    Colonial

    We can help!

    Contact an agent
    Heather Reeves

    Listing agent Heather Reeves License #2022015065

    Listing office RE/MAX Results 4850 Lemay Ferry Rd Ste 100, Saint Louis, MO

    Listing date Apr 30, 2026

    MLS# 26008116 Listing URL

    Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Duplex built in 1927 with Colonial architectural style and brick exterior
    • Separate private entrances for each unit, plus a balcony and porch
    • Unit A is vacant, furnished, and available for showings; Unit B is tenant occupied for current rental income
    • Each unit includes living and dining spaces with abundant natural light
    • Central air with electric heating; ceiling fans and high‑speed internet available
    • Appliances included: dishwasher, microwave, electric range, and refrigerator; public water and cable available

    Overview

    This brick duplex offers two separate residences with private entrances. Unit A is currently vacant, furnished, and available for showings, while Unit B is tenant occupied, providing ongoing rental income. Inside, each unit includes comfortable living and dining space and receives abundant natural light.

    Located in South City within St. Louis, the property is described as conveniently near shopping, dining, parks, and major highways, supporting everyday accessibility for residents.

    The layout is well-suited for an investor looking for rental income from the occupied unit, with a second unit available for immediate occupancy or personal use. It can also appeal to an owner-occupant who prefers to live in one unit while receiving rent from the other. The separate entrances help support privacy and day-to-day separation between the two households.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $40.8k $18.00
    − Vacancy −$2.4k −$1.08
    EGI $38.4k $16.92
    − OpEx −$17.3k −$7.61
    NOI $21.1k $9.31
    2,268 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $301.5K
    $263.8K – $351.8K (±1% cap)
    NOI $21,106 @ 7.0% cap · market cap 7.54%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $486.8K
    $425.9K – $567.9K (±1% cap)
    NOI $34,073 @ 7.0% cap · market cap 12.17%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Map

    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.27368
    Latitude
    38.59299

    FAQs

    What type of property is this?
    Multifamily property - Two-unit brick duplex with separate private entrances, one unit vacant and ready for showings while the other is tenant occupied.
    Where is this multifamily property located?
    The property is located at 4931 Mardel Avenue St Louis, MO.
    What is the asking price?
    The asking price for this property is $279,900.
    What are key features of this property?
    This property features: Duplex built in 1927 with Colonial architectural style and brick exterior; Separate private entrances for each unit, plus a balcony and porch; Unit A is vacant, furnished, and available for showings; Unit B is tenant occupied for current rental income
    More about this property
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