Four-Unit Property with
For Sale
$410,000
4936 Winona Ave, Saint Louis, MO 63109
Four residential units feature private bedrooms, separately metered utilities, and garage parking.
Property Size2,900 SF
Price / SF$141.38
Days on Market19
Property Features for 4936 Winona Ave
General Information
Standard status
Active
Size
2,900 SF
Property subtype
Residential Income
Additional Details
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$4,456
Amenities
individually metered utilities
garage spaces
Building Details
Buildings
1
Listing Agency:
Realty Exchange
(314) 647-2220
Listed By:
Tyler Schwartz · License #2023045052
(636) 633-9432
Source:
Exprealty
Added: Sep 9
Changed: Sep 22
Last Checked: Sep 26 at 9:19AM
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 Realty Exchange
Investment Insights
Based on property information with market context.
This four-unit residential property in St. Louis includes approximately 2,900 square feet of space. Each unit provides private bedroom accommodations, while individually metered utilities allow separate tracking of usage across the building.
Garage spaces add covered parking and may support additional rental arrangements. The property is located in the South Hampton neighborhood, with the address at 4936 Winona Ave.
Garage spaces add covered parking and may support additional rental arrangements. The property is located in the South Hampton neighborhood, with the address at 4936 Winona Ave.
Key Highlights
- Four‑family property with approximately 2,900 square feet
- Individually metered utilities for each unit
- Private bedroom accommodations in every unit
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,011
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$620,220
$620.2K
Cap Rate 7%
$443,014
$443.0K
Cap Rate 9%
$344,567
$344.6K
Market Conditions
NOI Build-Up for 2,900 SF
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.
Gross rent
$47.0K $16.20/SF
− Vacancy
−$2.7K −$0.92/SF
EGI
$44.3K $15.28/SF
− OpEx
−$13.3K −$4.58/SF
NOI
$31.0K $10.69/SF
Area
St. Louis County, MO
Vacancy
5.70%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$620,220
Cap Rate 7%
$443,014
Cap Rate 9%
$344,567
Alternative Uses
Best Use
Multifamily LT 5
$443.0K
$387.6K – $516.9K
NOI $31,011 @ 7.0% cap · market cap 7.56%
Second Best
Apartment 5plus
$385.5K
$337.3K – $449.8K
NOI $26,987 @ 7.0% cap · market cap 6.58%
Theoretical Best
Office A
$622.4K
$544.6K – $726.1K
NOI $43,567 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
831
Businesses Nearby
Explore this area
Business Placement
Demographics for 63109, MO
26,777
Population
14,963
Households
1.8
Avg Household Size
39
Median Age
52%
College-Educated
96%
High-School Grad
3.5 sq mi
ZIP Area
7,651
Density / Sq Mi
$71,563
Median Household Income
$52,245
Median Earnings
$929
Median Rent
$244,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four residential units feature private bedrooms, separately metered utilities, and garage parking.
Where is this quadplex located?
The property is located at 4936 Winona Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Four‑family property with approximately 2,900 square feet; Individually metered utilities for each unit; Private bedroom accommodations in every unit
