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    Four-Unit Residential Income Property Title is generated by Realmo AI

    7122 Jamieson Avenue St, Louis, MO 63109

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    Claim this Listing
    For Sale
    $550,000

    2-4 Units, Low/1-2 - St Louis, MO

    Property size:
    3,332 SF
    Lot size:
    0.15 Acres
    Price / SF:
    $165/SF
    Added:
    Jun 9, 2026
    Days on Market:
    8
    Last Refresh:
    Jun 16 at 3:06 pm

    Property Features for 7122 Jamieson Avenue St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    Garage
    Basement Y/N
    1
    Appliances
    Cooktop, Cooktop - Electric, Cooktop - Gas, Dishwasher, Dryer, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    6353-00-0280-0
    Size
    3,332 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6224

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1951
    Number of units
    4
    Flooring type
    Hardwood
    Building materials
    Brick, Concrete
    Architectural style
    Other

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    Listing Contact
    Clay Novak

    Listing agent Clay Novak License #2016041979

    Listing office Platinum Realty of St. Louis 16647 Chesterfield Grv Ste 350, Overland Park, MO

    Listing date Jun 9, 2026

    MLS# 26036109 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 building (1951) in St. Louis Hills with spacious 1 bed / 1 bath units
    • Tenants enjoy lake views through living room windows; all units have central air and forced air heat
    • Hardwood flooring throughout and double‑hung windows; units include in‑unit laundry appliances (washer and dryer)
    • Two units have been fully remodeled; the other two were updated periodically and are in great condition
    • Rear 4‑car garage plus 1 designated parking space per unit
    • Clean, organized basement with ample tenant storage; both plumbing stacks replaced with PVC

    Overview

    This four-unit residential income property features four separate 1-bedroom, 1-bathroom layouts. Each unit is equipped with central air and forced-air heat, with hardwood flooring and high-efficiency double-hung windows. Two units have been fully remodeled, while the other two have been updated periodically and are described as being in great condition. The basement is maintained as a clean, organized storage area with ample space for each tenant, and both plumbing stacks have been replaced with PVC.

    The property is located on Jamieson Avenue in St. Louis Hills, directly across the street from Willmore Park. The living room windows provide views described as overlooking the lake. A four-car garage is located at the rear of the property, and each unit is designated one parking space. The building shares a driveway with the neighboring property at 7128 Jamieson Avenue, which is owned by the same owner.

    The seller is offering this building as part of a package deal together with the adjacent property at 7128 Jamieson Avenue. While the owner would consider selling the buildings separately, the preferred structure is a combined sale, which may appeal to buyers seeking to expand a nearby rental portfolio with consistent unit layouts and on-site parking.

    Local Financial Insights For Multifamily LT 5

    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 $54.0k $16.20
    − Vacancy −$3.1k −$0.92
    EGI $50.9k $15.28
    − OpEx −$15.3k −$4.58
    NOI $35.6k $10.69
    3,332 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $509.0K
    $445.4K – $593.9K (±1% cap)
    NOI $35,631 @ 7.0% cap · market cap 6.48%
    Second Best
    Apartment 5plus
    $443.0K
    $387.6K – $516.8K (±1% cap)
    NOI $31,008 @ 7.0% cap · market cap 5.64%
    Theoretical Best
    Office A
    $715.1K
    $625.7K – $834.3K (±1% cap)
    NOI $50,057 @ 7.0% cap · market cap 9.10%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.29817
    Latitude
    38.571482

    FAQs

    What type of property is this?
    Quadplex - Four 1-bedroom units with central air, forced-air heat, and hardwood floors, plus rear garages and assigned parking.
    Where is this quadplex located?
    The property is located at 7122 Jamieson Avenue St Louis, MO.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: 4‑family building (1951) in St. Louis Hills with spacious 1 bed / 1 bath units; Tenants enjoy lake views through living room windows; all units have central air and forced air heat; Hardwood flooring throughout and double‑hung windows; units include in‑unit laundry appliances (washer and dryer)
    More about this property
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