Brick Duplex with Detached
For Sale
$399,900
4945 Sutherland Ave, Saint Louis, MO 63109
Two distinct apartments feature hardwood floors, sunrooms, spacious interiors, and a fenced backyard with fire-pit gathering space.
Property Size2,424 SF
Price / SF$164.98
Days on Market12
Property Features for 4945 Sutherland Ave
General Information
Standard status
Active
Size
2,424 SF
Property subtype
Residential Income
Units
Unit Mix
1 x 2BR/1BA, 1 x 3BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$3,545
Amenities
hardwood floors
fireplace
sunroom
detached garage
fenced backyard
fire pit
basement
Building Details
Buildings
1
Construction
brick
Listing Agency:
Coldwell Banker Realty - Gundaker
(314) 285-7744
Listed By:
Anna Kici
(314) 285-7744
Source:
Exprealty
Added: Aug 10
Changed: Aug 19
Last Checked: Aug 20 at 11:43AM
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 Coldwell Banker Realty - Gundaker
Investment Insights
Based on property information with market context.
This brick duplex at 4945 Sutherland Ave includes two separate apartments totaling 2,424 square feet. The main-level residence has two bedrooms and one bath, with a kitchen, dining room, living room with fireplace, and sunroom. Upstairs, the three-bedroom, one-bath unit includes a kitchen, family room, breakfast or dining area, and a second sunroom. Both apartments feature generous room sizes and hardwood flooring, while the main-level unit also has substantial millwork, neutral finishes, and an updated bath.
The property includes a 2026 HVAC system and roof, plus a large unfinished basement for storage and utility use. Outdoor features include a fenced backyard with a fire-pit gathering area and a detached garage. The two-unit configuration supports owner occupancy with additional income, extended-family use, or continued multifamily ownership.
The property includes a 2026 HVAC system and roof, plus a large unfinished basement for storage and utility use. Outdoor features include a fenced backyard with a fire-pit gathering area and a detached garage. The two-unit configuration supports owner occupancy with additional income, extended-family use, or continued multifamily ownership.
Key Highlights
- Two‑unit brick duplex with 2,424 square feet
- Main‑level unit has 2 bedrooms and 1 bath; upper unit has 3 bedrooms and 1 bath
- 2026 HVAC and Roof
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
$25,921
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
6.48%
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%
$518,420
$518.4K
Cap Rate 7%
$370,300
$370.3K
Cap Rate 9%
$288,011
$288.0K
Market Conditions
NOI Build-Up for 2,424 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
$39.3K $16.20/SF
− Vacancy
−$2.2K −$0.92/SF
EGI
$37.0K $15.28/SF
− OpEx
−$11.1K −$4.58/SF
NOI
$25.9K $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%
$518,420
Cap Rate 7%
$370,300
Cap Rate 9%
$288,011
Alternative Uses
Best Use
Multifamily LT 5
$370.3K
$324.0K – $432.0K
NOI $25,921 @ 7.0% cap · market cap 6.48%
Second Best
Apartment 5plus
$322.3K
$282.0K – $376.0K
NOI $22,558 @ 7.0% cap · market cap 5.64%
Theoretical Best
Office A
$520.2K
$455.2K – $606.9K
NOI $36,416 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
867
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two distinct apartments feature hardwood floors, sunrooms, spacious interiors, and a fenced backyard with fire-pit gathering space.
Where is this duplex located?
The property is located at 4945 Sutherland Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑unit brick duplex with 2,424 square feet; Main‑level unit has 2 bedrooms and 1 bath; upper unit has 3 bedrooms and 1 bath; 2026 HVAC and Roof
