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Five-Unit Fully Occupied Property

712-14 Shenandoah Avenue St Louis, MO 63104

712-14 Shenandoah Avenue St, Louis, MO, 63104
$539,900
For Sale
$539,900

MULTI_FAMILY - Other - St Louis, MO

Property Size4,692 SF
Lot Size0.21 Acres
Price / SF$115.07
Days on Market20

Property Features for 712-14 Shenandoah Avenue St

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
5
Rooms
Bathroom 5, Bedroom 3, Bathroom 2, Bathroom 1, Dining Room, Bedroom 1, Bedroom 5, Bedroom 2, Bathroom 4, Bathroom 3, Basement, Bedroom 4
Parking
5
Parking features
Off Street, Alley
Interior features
Breakfast Bar, Ceiling Fan(s), Dining/Living Room Combo, High Ceilings, High Speed Internet
Exterior features
Entry Steps/Stairs, Lighting
Basement
Storage Space, Exterior Entry, Dirt Floor, Unfinished
Appliances
Dishwasher, Disposal, Free-Standing Electric Oven
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
Central Air, Ceiling Fan(s)
Water source
Public

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
Listing agency Berkshire Hathaway HomeServices Select Properties
Listed by Kristina Hodges · License #2017034384
Added: Jul 3 Updated: Jul 22 at 9:48AM Checked: Jul 22 at 4:06PM
MLS# 26029112

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 five-unit multifamily property at 712-14 Shenandoah Avenue is professionally managed and currently 100% occupied. The asset is described as low maintenance, with units noted as nicely updated.

The property is generating $4,225 per month ($50,700 per year). The income is supported by current leases, with 4 leases expiring late 2026 through early 2027. Financial information provided includes 2025 NOI of $18,758, which includes a one-time HVAC expense of $11,475, and 2026 year-to-date NOI of $20,261. Rent roll and financials are available upon request.

Key Highlights

  • 5‑unit property 100% occupied, generating $4,225/mo ($50,700/yr)
  • Stabilized income with 2026 YTD NOI of $20,261 and 2025 NOI of $18,758 (includes $11,475 one‑time HVAC expense)
  • Lease expirations scheduled late 2026–early 2027 for 4 leases

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 8.09%
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 13.06%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Apartment buildings

FAQs

What type of property is this?
Apartment building - Five-unit multifamily with 100% occupancy and professionally managed operations, with leases scheduled to expire late 2026–early 2027.
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 $539,900.
What are key features of this property?
This property features: 5‑unit property 100% occupied, generating $4,225/mo ($50,700/yr); Stabilized income with 2026 YTD NOI of $20,261 and 2025 NOI of $18,758 (includes $11,475 one‑time HVAC expense); Lease expirations scheduled late 2026–early 2027 for 4 leases
Contact an agent
More about this property
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