Turnkey Duplex with Off-Street
4968 Miami Street St, Louis, MO 63139
New
2-4 Units, Apartment Style - St Louis, MO
Property size:
2,402 SFLot size:
0.10 AcresPrice / SF:
$156/SF- Added:
- Jun 2, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 2 at 11:06 am
Property Features for 4968 Miami Street St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Garage
- Interior features
- Natural Woodwork
- Basement Y/N
- 1
- Appliances
- Cooktop, Cooktop - Gas, Dishwasher, Microwave, Washer
- 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
- Forced Air, Natural Gas
- Cooling system
- Ceiling Fan(s), Central Air
Building Details
- Year built
- 1930
- Building materials
- Brick
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Jennifer Matus License #2010015143 (314) 369-7698
Listing office Keller Williams Chesterfield 16401 Swingley Ridge Rd #200, Chesterfield, MO (636) 534-8100
Listing date Jun 2, 2026
MLS# 26033982
Listing URL
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.
HighLights
- Duplex built in 1930 with two 2BR/1BA units
- Upper unit includes stainless steel appliances and custom closet shelving
- Shared basement includes tenant washer/dryer hookups, additional storage, and a basement bathroom
- Detached 2‑car garage provides off‑street parking
- Updates include new decks (2018), plumbing stack and sewer lateral (2020), sprinkler system (2025), and a dishwasher installed in 2025
Overview
This well-maintained duplex offers apartment-style living with two 2-bedroom, 1-bath units, each featuring hardwood floors, abundant natural light, and strong day-to-day functionality. The upper unit includes stainless steel appliances and custom closet shelving, while the first-floor unit benefits from a dishwasher installed in 2025. A shared basement provides tenant laundry with two sets of washers and dryers, along with ample storage and an additional bathroom for greater convenience. Recent improvements include new decks in 2018, a plumbing stack and sewer lateral replacement in 2020, a sprinkler system installed in 2025, and ongoing updates designed to support reliable income potential. Off-street parking is handled by a detached 2-car garage.
Located in desirable North Hampton within St. Louis City, the property presents an investor-friendly setup in a prime South City location. Its lot is under one-tenth acre, supporting a compact, manageable footprint and off-street parking via the detached garage.
The configuration suits a range of buyers, including investors seeking a turnkey residential income property and owner-occupants who want rental support while living in one unit. With multiple laundry access points in the basement and meaningful system updates completed in recent years, the property is positioned for straightforward operations from day one.
Located in desirable North Hampton within St. Louis City, the property presents an investor-friendly setup in a prime South City location. Its lot is under one-tenth acre, supporting a compact, manageable footprint and off-street parking via the detached garage.
The configuration suits a range of buyers, including investors seeking a turnkey residential income property and owner-occupants who want rental support while living in one unit. With multiple laundry access points in the basement and meaningful system updates completed in recent years, the property is positioned for straightforward operations from day one.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $38.9k | $16.20 |
| − Vacancy | −$2.2k | −$0.92 |
| EGI | $36.7k | $15.28 |
| − OpEx | −$11.0k | −$4.58 |
| NOI | $25.7k | $10.69 |
2,402 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$366.9K
$321.1K – $428.1K
NOI $25,686 @ 7.0% cap · market cap 6.85%
Second Best
Apartment 5plus
$319.3K
$279.4K – $372.6K
NOI $22,353 @ 7.0% cap · market cap 5.96%
Theoretical Best
Office A
$515.5K
$451.1K – $601.4K
NOI $36,086 @ 7.0% cap · market cap 9.62%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Map
- City
- Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.274677
- Latitude
- 38.595387
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained two-unit apartment duplex with updated systems, tenant laundry, and detached garage parking.
Where is this duplex located?
The property is located at 4968 Miami Street St Louis, MO.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Duplex built in 1930 with two 2BR/1BA units; Upper unit includes stainless steel appliances and custom closet shelving; Shared basement includes tenant washer/dryer hookups, additional storage, and a basement bathroom
