Brick Duplex with Fenced
New
For Sale
$285,000
4977 Quincy Street St, 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 St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bathroom 1, Bedroom 2, Basement, Bedroom 3, Bedroom 1
Parking features
Off Street
Patio and Porch features
Porch
Basement
Walk-Out Access, Unfinished, Full
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
Forced Air, Natural Gas
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Building Details
Year built
1922
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Carpet, Vinyl
Building materials
Brick
Roof type
Shingle
Architectural style
Other
Listing Agency:
Worth Clark Realty
(314) 222-0065
Listed By:
Tammy Derrigan
(800) 991-6092
Added: Aug 30
Changed: Aug 31
Last Checked: Sep 2 at 2:06AM
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 2088-square-foot brick duplex, built in 1922, contains two residential units with matching layouts: a living room with stained glass windows, eat-in kitchen, two bedrooms, one bathroom, and a sunroom. Hardwood, carpet, and vinyl flooring are present, along with free-standing gas ranges and refrigerators. The property includes central air, forced-air natural gas heating, a shingle roof, a basement, a fenced backyard, a porch, and off-street parking for two cars on a 0.1004-acre lot.
Recent improvements include a roof completed within the last several years, chimney tuck pointing, some replacement windows, and central air throughout. Condenser units date to circa 2020/2021, while water heaters date to circa 2018/2020. The first-floor unit is occupied by long-term tenants, and the vacant second-floor unit has a passing occupancy permit allowing immediate move-in. The property is within walking distance of Willmore Park, Carondelet Park, hatch'd STL, Onesto, and Aldi.
Recent improvements include a roof completed within the last several years, chimney tuck pointing, some replacement windows, and central air throughout. Condenser units date to circa 2020/2021, while water heaters date to circa 2018/2020. The first-floor unit is occupied by long-term tenants, and the vacant second-floor unit has a passing occupancy permit allowing immediate move-in. The property is within walking distance of Willmore Park, Carondelet Park, hatch'd STL, Onesto, and Aldi.
Key Highlights
- 2088‑square‑foot brick duplex on a 0.1004‑acre lot
- Each unit has two bedrooms, one bathroom, an eat‑in kitchen, living room, and sunroom
- Off‑street parking for two cars with a fenced backyard and porch
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
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
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 - Two residential units offer matching two-bedroom layouts, sunrooms, eat-in kitchens, and one bathroom per unit.
Where is this duplex located?
The property is located at 4977 Quincy Street St 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: 2088‑square‑foot brick duplex on a 0.1004‑acre lot; Each unit has two bedrooms, one bathroom, an eat‑in kitchen, living room, and sunroom; Off‑street parking for two cars with a fenced backyard and porch
