Search
4-Unit Apartment Building with Garage
For Sale
$500,000

4943 Winona Ave, Saint Louis, MO 63109

Occupied multifamily property with updated interiors, central air, and off-street parking in the South Hampton neighborhood.

Property Size3,504 SF
Price / SF$142.69
Days on Market67

Property Features for 4943 Winona Ave

General Information

Standard status Active
Size 3,504 SF
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $4,370
Listing Agency: Byron Martin Real Estate Co.
Listed By: Byron Martin
Source: Exprealty
Added: Aug 10 Changed: Oct 5 Last Checked: Oct 15 at 1:36AM

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 Byron Martin Real Estate Co.

Investment Insights

Based on property information with market context.

This four-unit apartment property at 4943 Winona Ave includes three apartments with renovated kitchens, appliances, bathrooms, refinished hardwood floors, and updated lighting. Building-wide improvements include plumbing supply lines, stacks, and electrical panels, while all four units feature central air. The apartments are currently occupied.

An oversized detached brick garage and parking pads provide off-street parking. The property is located in Saint Louis’s South Hampton neighborhood and offers a four-unit configuration with multiple renovated interiors and accessory parking improvements.

Key Highlights

  • Four‑unit apartment property with all units currently occupied
  • Three apartments renovated with updated kitchens, appliances, bathrooms, hardwood floors, and lighting
  • Updated plumbing supply lines, stacks, and electrical panels

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$37,470
Cap Rate
7.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$749,400 $749.4K
Cap Rate 7%
$535,286 $535.3K
Cap Rate 9%
$416,333 $416.3K
Market Conditions
NOI Build-Up for 3,504 SF
Gross rent
$56.8K $16.20/SF
− Vacancy
−$3.2K −$0.92/SF
EGI
$53.5K $15.28/SF
− OpEx
−$16.1K −$4.58/SF
NOI
$37.5K $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 Rate 5%
$749,400
Cap Rate 7%
$535,286
Cap Rate 9%
$416,333

Alternative Uses

Best Use
Multifamily LT 5
$535.3K
$468.4K – $624.5K (±1% cap)
NOI $37,470 @ 7.0% cap · market cap 7.49%
Second Best
Apartment 5plus
$465.8K
$407.6K – $543.5K (±1% cap)
NOI $32,608 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$752.0K
$658.0K – $877.4K (±1% cap)
NOI $52,641 @ 7.0% cap · market cap 10.53%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Skin Care Clinic Electrical Service Accounting Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

831
Businesses Nearby

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
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Occupied multifamily property with updated interiors, central air, and off-street parking in the South Hampton neighborhood.
Where is this quadplex located?
The property is located at 4943 Winona Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Four‑unit apartment property with all units currently occupied; Three apartments renovated with updated kitchens, appliances, bathrooms, hardwood floors, and lighting; Updated plumbing supply lines, stacks, and electrical panels
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again