Ranch-Style Multifamily
For Sale
$292,000
4990 Oleatha Avenue, Saint Louis, MO 63139
The property includes off-street parking and alley access.
Property Size1,674 SF
Price / SF$174.43
Days on Market49
Property Features for 4990 Oleatha Avenue
General Information
Standard status
Active
Size
1,674 SF
Total Parking Spaces
4
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$2,293
Amenities
Central Air, Electric
Forced Air, Natural Gas
Concrete, Full, Interior Entry, Storage Space, Unfinished
Dishwasher, Microwave, Gas Range, Refrigerator, Gas Water Heater
Eat-in Kitchen, Storage
Alley Access, Asphalt, Off Street, Parking Pad
Awning(s), Private Entrance
Ranch
Building Details
Year Built
1970
Buildings
1
Listing Agency:
RE/MAX Results
Listed By:
Mark Lynch · License #2001008864
(314) 630-4848
Source:
Evrealestate
Added: Aug 28
Changed: Oct 10
Last Checked: Oct 14 at 10:23PM
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 RE/MAX Results
Investment Insights
Based on property information with market context.
This 1,674-square-foot ranch-style multifamily property was built in 1970. Interior features include central air conditioning, forced-air natural gas heat, and a full, unfinished basement with storage space. The kitchen is equipped with a dishwasher, microwave, gas range, refrigerator, and gas water heater.
Off-street parking is available on a parking pad, with additional access from an asphalt alley.
Off-street parking is available on a parking pad, with additional access from an asphalt alley.
Key Highlights
- 1,674 square feet of property space
- Ranch‑style building constructed in 1970
- Central air conditioning and forced‑air natural gas heat
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,578
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,560
$311.6K
Cap Rate 7%
$222,543
$222.5K
Cap Rate 9%
$173,089
$173.1K
Market Conditions
NOI Build-Up for 1,674 SF
Gross rent
$30.1K $18.00/SF
− Vacancy
−$1.8K −$1.08/SF
EGI
$28.3K $16.92/SF
− OpEx
−$12.7K −$7.61/SF
NOI
$15.6K $9.31/SF
Area
St. Louis County, MO
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,560
Cap Rate 7%
$222,543
Cap Rate 9%
$173,089
Alternative Uses
Best Use
Apartment 5plus
$222.5K
$194.7K – $259.6K
NOI $15,578 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$359.3K
$314.4K – $419.2K
NOI $25,149 @ 7.0% cap · market cap 8.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
657
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
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - The property includes off-street parking and alley access.
Where is this multifamily property located?
The property is located at 4990 Oleatha Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $292,000.
What are key features of this property?
This property features: 1,674 square feet of property space; Ranch‑style building constructed in 1970; Central air conditioning and forced‑air natural gas heat
