Brick Duplex with
New
For Sale
$285,000
4977 Quincy Street, Saint Louis, MO 63109
Residential Income, St Louis, MO
Property Size2,088 SF
Lot Size0.10 Acres
Price / SF$136.49
Days on Market4
Property Features for 4977 Quincy Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bathroom 2, Basement, Bedroom 2, Bedroom 3, Bathroom 1
Parking features
Off Street
Patio and Porch features
Porch
Basement
Walk-Out Access, Full, Unfinished
Appliances
Free-Standing Gas Range, Free-Standing Refrigerator
Subdivision
Princeton Place Add
Lot features
City Lot
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
Directions
GPS friendly.
Standard status
Active
APN
5633-00-0460-0
Size
2,088 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
C. B. 5633 QUINCY 35 FT X 125 FT PRINCETON PL ADDN LOT 26
Tax Annual Amount
1594
Legal Description
C. B. 5633 QUINCY 35 FT X 125 FT PRINCETON PL ADDN LOT 26
Utilities
Utilities
Cable Available
Heating system
Natural Gas, Forced Air
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public
Amenities
fenced backyard
Building Details
Year built
1922
Floors in Building
2
Number of units
2
Flooring type
Vinyl, Carpet, Hardwood
Building materials
Brick
Roof type
Shingle
Architectural style
Other
Listing Agency:
Worth Clark Realty
(314) 222-0065
Listed By:
Tammy Derrigan · License #2016008170
(314) 518-4347
Added: Sep 30
Changed: Oct 1
Last Checked: Oct 3 at 4:06AM
MLS# 26055885
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.
Investment Insights
Based on property information with market context.
This 2,088-square-foot brick duplex, built in 1922, contains two residences with matching layouts. Each has a living room with stained glass windows, an eat-in kitchen, two bedrooms, one bathroom, and a sunroom. Central air serves the property, and updates include a roof installed within the last several years, chimney tuckpointing, and some replacement windows. The fenced backyard and off-street parking for two cars add outdoor and vehicle space. Condenser units date to circa 2020/2021, and the water heaters to circa 2018/2020.
The first-floor residence is occupied by tenants with a 20-year history at the property. The second-floor residence is vacant and has a passing occupancy permit. Willmore Park, Carondelet Park, hatch'd STL, Onesto, and Aldi are within walking distance.
The first-floor residence is occupied by tenants with a 20-year history at the property. The second-floor residence is vacant and has a passing occupancy permit. Willmore Park, Carondelet Park, hatch'd STL, Onesto, and Aldi are within walking distance.
Key Highlights
- Two residences, each with two bedrooms, one bathroom, and a sunroom
- 2,088 square feet on a 0.1004‑acre lot
- Vacant second‑floor unit has a passing occupancy permit
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
$22,328
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
7.83%
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%
$446,560
$446.6K
Cap Rate 7%
$318,971
$319.0K
Cap Rate 9%
$248,089
$248.1K
Market Conditions
NOI Build-Up for 2,088 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
$33.8K $16.20/SF
− Vacancy
−$1.9K −$0.92/SF
EGI
$31.9K $15.28/SF
− OpEx
−$9.6K −$4.58/SF
NOI
$22.3K $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%
$446,560
Cap Rate 7%
$318,971
Cap Rate 9%
$248,089
Alternative Uses
Best Use
Multifamily LT 5
$319.0K
$279.1K – $372.1K
NOI $22,328 @ 7.0% cap · market cap 7.83%
Second Best
Apartment 5plus
$277.6K
$242.9K – $323.9K
NOI $19,431 @ 7.0% cap · market cap 6.82%
Theoretical Best
Office A
$448.1K
$392.1K – $522.8K
NOI $31,369 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
534
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Each residence has two bedrooms, one bathroom, and a sunroom.
Where is this duplex located?
The property is located at 4977 Quincy Street Saint Louis, MO.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two residences, each with two bedrooms, one bathroom, and a sunroom; 2,088 square feet on a 0.1004‑acre lot; Vacant second‑floor unit has a passing occupancy permit
