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Brick Duplex with Two-Car Garage
New
For Sale
$370,000

4968 Miami Street, Saint Louis, MO 63139

Residential Income, St Louis, MO

Property Size2,402 SF
Lot Size0.10 Acres
Price / SF$154.04
Days on Market2

Property Features for 4968 Miami Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 1, Basement, Bedroom 4, Bathroom 2, Bedroom 1, Bedroom 2
Window features Wood Frames
Patio and Porch features Deck
Interior features Natural Woodwork
Basement Walk-Out Access, Unfinished
Appliances Gas Cooktop, Dishwasher, Microwave
Subdivision Kingshighway Add
Lot features Back Yard, Near Public Transit
Elementary school Buder Elem.
Middle school Long Middle Community Ed. Center
High school Roosevelt High
Elementary school district St. Louis City
Middle school district St. Louis City
High school district St. Louis City
Standard status Active
APN 6069-00-0090-0
Size 2,402 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3516

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air, Ceiling Fan(s)

Amenities

hardwood floors
abundant natural light
stainless steel appliances
custom closet shelving
washer/dryer
storage
additional bathroom
new decks
dishwasher

Building Details

Year built 1930
Building materials Brick
Roof type Shingle
Architectural style Other
Listing Agency: Keller Williams Chesterfield · Keller Williams Realty
Listed By: Jennifer Matus · License #2010015143
Added: Oct 15 Changed: Oct 16 Last Checked: Oct 16 at 8:06PM
MLS# 26066226

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.

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Investment Insights

Based on property information with market context.

This 2,402-square-foot brick duplex, built in 1930, contains two 2-bedroom, 1-bathroom units. Interior details include natural woodwork and hardwood floors, with stainless steel appliances in the upper unit. The basement provides two washer-and-dryer sets, tenant storage, and an additional bathroom. A detached two-car garage and decks are also part of the property.

Updates include new decks in 2018, a plumbing stack and sewer lateral in 2020, and a sprinkler system and first-floor dishwasher installed in 2025. The property occupies a 0.0977-acre lot in St. Louis, Missouri.

Key Highlights

  • Two 2‑bedroom, 1‑bathroom units
  • 2,402 square feet on a 0.0977‑acre lot
  • Detached 2‑car garage

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$25,686
Cap Rate
6.94%
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 (±1% cap)
NOI $25,686 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$319.3K
$279.4K – $372.6K (±1% cap)
NOI $22,353 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$515.5K
$451.1K – $601.4K (±1% cap)
NOI $36,086 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Skin Care Clinic 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.

Lease Details

2
Residential units
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

657
Businesses Nearby

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
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

Frequently Asked Questions

What type of property is this?
Duplex - Two 2-bedroom units share a basement with laundry, tenant storage, and an additional bathroom.
Where is this duplex located?
The property is located at 4968 Miami Street Saint Louis, MO.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bathroom units; 2,402 square feet on a 0.0977‑acre lot; Detached 2‑car garage
More about this property
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