Brick Quadplex with Garage
New
For Sale
$410,000
5036 Lindenwood Avenue St, Louis, MO 63109
Residential Income, St Louis, MO
Property Size2,912 SF
Lot Size0.11 Acres
Price / SF$140.80
Days on Market3
Property Features for 5036 Lindenwood Avenue St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1, Bathroom 1
Subdivision
Northampton Add
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
Standard status
Active
APN
6034-00-0110-0
Size
2,912 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4525
Utilities
Heating system
Forced Air
Cooling system
Ceiling Fan(s), Central Air
Water source
Public
Amenities
central air
forced-air heating
washer/dryer hookups
Building Details
Year built
1927
Floors in Building
2
Number of units
4
Building materials
Brick
Architectural style
Other
Listing Agency:
Realty Exchange · Coldwell Banker Real Estate
(314) 647-2220
Listed By:
Tyler Schwartz · License #2023045052
(636) 633-9432
Added: Sep 9
Changed: Sep 10
Last Checked: Sep 11 at 5:06AM
MLS# 26057875
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 two-story brick quadplex contains four private one-bedroom, one-bath apartments within a 2,912-square-foot building constructed in 1927. Each residence includes central air and forced-air heating. A roof replacement completed in April 2024 represents a recent major improvement, while basement washer and dryer hookups add functional support for the units.
The property occupies 0.1129 acres at 5036 Lindenwood Avenue in St. Louis’ North Hampton area. Four garage spaces provide dedicated parking and may support additional rental income. Public water serves the property, and the building’s brick construction, individual apartment layouts, and separate garage spaces create a straightforward multifamily configuration.
The property occupies 0.1129 acres at 5036 Lindenwood Avenue in St. Louis’ North Hampton area. Four garage spaces provide dedicated parking and may support additional rental income. Public water serves the property, and the building’s brick construction, individual apartment layouts, and separate garage spaces create a straightforward multifamily configuration.
Key Highlights
- Four private 1‑bedroom, 1‑bath units
- 2,912‑square‑foot, two‑story brick building constructed in 1927
- Roof replaced in April 2024
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
$31,140
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
7.60%
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%
$622,800
$622.8K
Cap Rate 7%
$444,857
$444.9K
Cap Rate 9%
$346,000
$346.0K
Market Conditions
NOI Build-Up for 2,912 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
$47.2K $16.20/SF
− Vacancy
−$2.7K −$0.92/SF
EGI
$44.5K $15.28/SF
− OpEx
−$13.3K −$4.58/SF
NOI
$31.1K $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%
$622,800
Cap Rate 7%
$444,857
Cap Rate 9%
$346,000
Alternative Uses
Best Use
Multifamily LT 5
$444.9K
$389.3K – $519.0K
NOI $31,140 @ 7.0% cap · market cap 7.60%
Second Best
Apartment 5plus
$387.1K
$338.7K – $451.7K
NOI $27,099 @ 7.0% cap · market cap 6.61%
Theoretical Best
Office A
$625.0K
$546.9K – $729.1K
NOI $43,748 @ 7.0% cap · market cap 10.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
704
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Four private units offer central air and forced-air heating.
Where is this quadplex located?
The property is located at 5036 Lindenwood Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: Four private 1‑bedroom, 1‑bath units; 2,912‑square‑foot, two‑story brick building constructed in 1927; Roof replaced in April 2024
