Two-Unit Duplex with
For Sale
$360,000
4968 Miami Street #A & B, Saint Louis, MO 63139
Two separate two-bedroom apartments share a basement with laundry, tenant storage, and an additional bathroom.
Property Size2,402 SF
Price / SF$149.88
Days on Market16
Property Features for 4968 Miami Street #A & B
General Information
Standard status
Active
Size
2,402 SF
Total Parking Spaces
2
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$3,516
Amenities
hardwood floors
stainless steel appliances
custom closet shelving
on-site laundry
deck
Natural Woodwork
Building Details
Building Size
2,402 SF
Year Built
1930
Buildings
1
Listing Agency:
Keller Williams Chesterfield
(636) 534-8100
Listed By:
Jennifer Matus · License #2010015143
(314) 369-7698
Source:
Finehomesbydawn
Added: Oct 15
Changed: Oct 30
Last Checked: Oct 29 at 8:36PM
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 Keller Williams Chesterfield
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Investment Insights
Based on property information with market context.
This 1930 duplex contains two 2-bedroom, 1-bathroom apartments, totaling 2,402 square feet. Hardwood floors and natural light feature in both units. The upper apartment has stainless steel appliances and custom closet shelving, while a dishwasher was installed in the first-floor unit in 2025.
A shared basement provides two washer-and-dryer sets, tenant storage, and an additional bathroom. The property also includes a detached two-car garage for off-street parking. Decks were replaced in 2018, the plumbing stack and sewer lateral were updated in 2020, and a sprinkler system was installed in 2025.
A shared basement provides two washer-and-dryer sets, tenant storage, and an additional bathroom. The property also includes a detached two-car garage for off-street parking. Decks were replaced in 2018, the plumbing stack and sewer lateral were updated in 2020, and a sprinkler system was installed in 2025.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units
- 2,402 square feet; built in 1930
- Detached two‑car garage provides off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,686
Cap Rate
7.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$513,720
$513.7K
Cap Rate 7%
$366,943
$366.9K
Cap Rate 9%
$285,400
$285.4K
Market Conditions
NOI Build-Up for 2,402 SF
Gross rent
$38.9K $16.20/SF
− Vacancy
−$2.2K −$0.92/SF
EGI
$36.7K $15.28/SF
− OpEx
−$11.0K −$4.58/SF
NOI
$25.7K $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%
$513,720
Cap Rate 7%
$366,943
Cap Rate 9%
$285,400
Alternative Uses
Best Use
Multifamily LT 5
$366.9K
$321.1K – $428.1K
NOI $25,686 @ 7.0% cap · market cap 7.14%
Second Best
Apartment 5plus
$319.3K
$279.4K – $372.6K
NOI $22,353 @ 7.0% cap · market cap 6.21%
Theoretical Best
Office A
$515.5K
$451.1K – $601.4K
NOI $36,086 @ 7.0% cap · market cap 10.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
614
Businesses Nearby
Explore this area
Business Placement
Demographics for 63139, MO
21,971
Population
12,187
Households
1.8
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
5,782
Density / Sq Mi
$74,749
Median Household Income
$52,298
Median Earnings
$1,086
Median Rent
$199,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate two-bedroom apartments share a basement with laundry, tenant storage, and an additional bathroom.
Where is this duplex located?
The property is located at 4968 Miami Street #A & B 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: Two 2‑bedroom, 1‑bathroom units; 2,402 square feet; built in 1930; Detached two‑car garage provides off‑street parking
