Four-Unit Craftsman Apartment
5247 Bancroft Avenue St, Louis, MO 63109
MULTI_FAMILY - Craftsman - St Louis, MO
Property size:
3,200 SFLot size:
0.11 AcresPrice / SF:
$117/SF- Added:
- May 12, 2026
- Days on Market:
- 56
- Last Refresh:
- Jul 6 at 9:06 am
Property Features for 5247 Bancroft Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 5
- Rooms
- Bathroom 2, Bathroom 1, Bedroom 5, Bedroom 1, Bathroom 5, Bathroom 4, Bedroom 4, Bathroom 3, Basement, Bedroom 3, Bedroom 2
- Parking
- 4
- Parking features
- Off Street
- Basement
- Full, Partially Finished
- Appliances
- Dishwasher, Microwave, Range, Refrigerator, Washer/Dryer
- Standard status
- Active
- APN
- 5774-00-0415-0
- Size
- 3,200 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 3500
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1925
- Number of units
- 4
- Flooring type
- Tile - Ceramic, Hardwood
- Building materials
- Brick, Concrete
- Architectural style
- Craftsman
Listing agent Sara Blandino License #2012040985 (314) 647-2220
Listing office Realty Exchange 2203 S Big Bend Blvd Ste 100, St. Louis, MO (314) 647-2220
Listing date May 12, 2026
MLS# 26021432
Listing URL
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.
HighLights
- 4‑family apartment building totaling 3,200 sq. ft., built in 1925 in a Craftsman style with brick/concrete construction
- Annual rent collection of $40,380 GOI with reported 7.87% cap rate after landlord expenses at current below‑market rents
- Unit mix includes one larger 2‑bedroom 1.5‑bath, plus three 1‑bedroom 1‑bath units at approximately 710 sq. ft. each
- Central air and forced‑air heating; includes appliances such as dishwasher, microwave, range, refrigerator, and washer/dryer
- Updates include modern central heat and A/C, updated PVC plumbing & copper water main service, romex wiring and circuit breaker panels, and upgraded electrical service
- Roof and exterior improvements include newer commercial‑grade TPO roof and gutters; off‑street parking and deck space behind the building
Overview
5247 Bancroft Avenue is a craftsman-style four-family apartment building totaling about 3,200 square feet, configured for easy leasing. Three of the units feature a 4-room walk-through layout with a living room, bedroom, dining area, and kitchen, and each includes 1 bed and 1 bath. The fourth unit is larger, with a 2-bedroom, 1.5-bath configuration spread across two levels, including a spiral staircase to the additional lower level bedroom, den, and in-unit laundry, while maintaining the same main-floor plan. The property includes deck space out back and parking spaces for each apartment. Architectural character is preserved with stained glass windows and hardwood floors throughout. Updates noted in the building include modern central heat and A/C, updated PVC plumbing and a copper water main service, romex wiring and circuit breaker panels, an upgraded outside meter base and main electric service, and a newer commercial-grade TPO roof with gutters.
The building is located in St. Louis City within the South Hampton neighborhood on a quiet tree-lined street. The surrounding area offers close proximity to restaurants, parks, shopping, and nightlife.
For tenants and operators, the unit mix supports steady, apartment-style living with in-unit laundry in the larger unit. For an owner-occupant, the layout allows the potential to live in the larger unit while collecting rent from the remaining apartments. The current rental performance is presented as $40,380 in annual rent collection, with a reported 7.87% cap rate after landlord expenses at below-market rents.
The building is located in St. Louis City within the South Hampton neighborhood on a quiet tree-lined street. The surrounding area offers close proximity to restaurants, parks, shopping, and nightlife.
For tenants and operators, the unit mix supports steady, apartment-style living with in-unit laundry in the larger unit. For an owner-occupant, the layout allows the potential to live in the larger unit while collecting rent from the remaining apartments. The current rental performance is presented as $40,380 in annual rent collection, with a reported 7.87% cap rate after landlord expenses at below-market rents.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.6k | $18.00 |
| − Vacancy | −$3.5k | −$1.08 |
| EGI | $54.1k | $16.92 |
| − OpEx | −$24.4k | −$7.61 |
| NOI | $29.8k | $9.31 |
3,200 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$425.4K
$372.2K – $496.3K
NOI $29,779 @ 7.0% cap · market cap 7.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$686.8K
$600.9K – $801.2K
NOI $48,074 @ 7.0% cap · market cap 12.82%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Multifamily properties
Map
- City
- Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.281296
- Latitude
- 38.590427
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Four-family property with updated systems, hardwood finishes, and on-site deck and parking for each apartment.
Where is this multifamily property located?
The property is located at 5247 Bancroft Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: 4‑family apartment building totaling 3,200 sq. ft., built in 1925 in a Craftsman style with brick/concrete construction; Annual rent collection of $40,380 GOI with reported 7.87% cap rate after landlord expenses at current below‑market rents; Unit mix includes one larger 2‑bedroom 1.5‑bath, plus three 1‑bedroom 1‑bath units at approximately 710 sq. ft. each
