Two-Unit Duplex with
For Sale
$370,000
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$154.04
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 28
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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
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
NOI $25,686 @ 7.0% cap · market cap 6.94%
Second Best
Apartment 5plus
$319.3K
$279.4K – $372.6K
NOI $22,353 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$515.5K
$451.1K – $601.4K
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
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 $370,000.
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
