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    Historic 5-Unit Multifamily Building Title is generated by Realmo AI

    712-14 Shenandoah Avenue St, Louis, MO 63104

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    Claim this Listing
    For Sale
    $549,900

    Historic, 2-4 Units - St Louis, MO

    Property size:
    4,692 SF
    Lot size:
    0.21 Acres
    Price / SF:
    $117/SF
    Added:
    Jun 12, 2026
    Days on Market:
    25
    Last Refresh:
    Jul 6 at 8:06 am

    Property Features for 712-14 Shenandoah Avenue St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking
    5
    Parking features
    Off Street
    Interior features
    Breakfast Bar, Ceiling Fan(s), Dining/Living Room Combo, High Ceilings, High Speed Internet
    Exterior features
    Entry Steps/Stairs, Lighting
    Basement Y/N
    1
    Appliances
    Dishwasher, Garbage Disposer, Washer
    Standard status
    Active
    APN
    0796-00-0050-0
    Size
    4,692 SF
    Lot size
    0.21 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    5713

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1906
    Floors in Building
    2
    Number of units
    5
    Flooring type
    Hardwood
    Building materials
    Brick
    Roof type
    Flat, Membrane
    Architectural style
    Other

    We can help!

    Contact an agent
    Kristina Hodges
    Kristina Hodges

    Listing agent Kristina Hodges License #2017034384

    Listing office Berkshire Hathaway HomeServices Select Properties 12851 Manchester Rd Ste 110, St. Louis, MO

    Listing date Jun 12, 2026

    MLS# 26029112 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

    • 5‑unit multifamily with 100% occupancy and approx. $50,700 gross annual rental income
    • Tenants pay their own electric and gas, helping reduce owner utility expenses
    • Recent major HVAC capital improvements plus a TPO roof recently sealed
    • Historic brick construction with hardwood flooring and high ceilings
    • Includes shared laundry facilities and tenant storage
    • Two basement areas and off‑street parking; built in 1906

    Overview

    This historic multifamily property includes five residential units in a brick building with updated interiors. The units feature hardwood flooring and tenant storage, and residents share laundry facilities. The property also includes two basement areas that can add extra functionality for day-to-day operations or resident use.

    The building is located at 712-14 Shenandoah Avenue in St. Louis City (63104). The offering is described as currently 100% occupied, with current tenants paying their own electric and gas, which may help reduce owner utility expenses.

    From an ownership standpoint, the property is positioned as a stabilized income-producing asset, with the benefit of recent major HVAC capital improvements and a TPO roof that was recently sealed. The rent profile is described as supporting future rent growth through market-rate alignment as units turn over. Additional materials, including the rent roll and income and expense statements, are available upon request.

    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 $84.5k $18.00
    − Vacancy −$5.1k −$1.08
    EGI $79.4k $16.92
    − OpEx −$35.7k −$7.61
    NOI $43.7k $9.31
    4,692 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $623.8K
    $545.8K – $727.7K (±1% cap)
    NOI $43,664 @ 7.0% cap · market cap 7.94%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $1.01M
    $881.1K – $1.17M (±1% cap)
    NOI $70,489 @ 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

    Apartment buildings

    Map

    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.205472
    Latitude
    38.60416

    FAQs

    What type of property is this?
    Apartment building - Five fully occupied units in a historic brick building with updated interiors, shared laundry, and recent HVAC and roof improvements.
    Where is this apartment building located?
    The property is located at 712-14 Shenandoah Avenue St Louis, MO.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: 5‑unit multifamily with 100% occupancy and approx. $50,700 gross annual rental income; Tenants pay their own electric and gas, helping reduce owner utility expenses; Recent major HVAC capital improvements plus a TPO roof recently sealed
    More about this property
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