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

    7128 Jamieson Avenue St, Louis, MO 63109

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    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 2:06 pm

    Property Features for 7128 Jamieson Avenue St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    Garage
    Basement Y/N
    1
    Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
    Standard status
    Active
    APN
    6353-00-0270-0
    Size
    3,332 SF
    Lot size
    0.15 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    6224

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1951
    Flooring type
    Hardwood, Tile
    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# 26036181 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 on Jamieson Ave in St. Louis Hills, directly across from Willmore Park.
    • All 4 units are 1 bed/1 bath layouts with central air and forced‑air heating.
    • Hardwood flooring throughout the units with double‑hung windows and high‑efficiency features.
    • 2 units have been fully remodeled; the other 2 were updated periodically over the years.
    • Rear 4‑car garage with each unit designated 1 parking space; shares a driveway with 7122 Jamieson.
    • Finished/clean basement with organized tenant storage; stack includes one PVC replacement and one cast‑iron stack.

    Overview

    7128 Jamieson Avenue is a four-unit residential income property with all units laid out as 1 bedroom and 1 bathroom apartments. Each unit includes central air and forced air heat, with hardwood flooring and double hung windows. Two of the apartments have been fully remodeled, while the remaining two have been updated periodically and are described as being in great condition. The property also features a clean, organized basement with ample storage space allocated for each tenant, and has plumbing components noted as one stack replaced with PVC and the other as cast iron.

    The building is situated on Jamieson Avenue and sits directly across the street from Willmore Park. Parking is supported by a four-car garage located at the rear of the property, and each unit is designated one parking space. The property shares a driveway with the neighboring property at 7122 Jamieson Avenue, which is owned by the same seller.

    This offering is being sold as part of a package with 7122 Jamieson Avenue, with the seller preferring a combined sale while indicating each building could be considered separately. For tenants and operators seeking a consistent unit mix, the property provides four similar 1 bed/1 bath configurations with in-unit climate control and updated interiors in at least half of the apartments.

    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
    -90.298027
    Latitude
    38.571403

    FAQs

    What type of property is this?
    Quadplex - Four 1-bedroom units with central air, hardwood floors, and assigned parking, offered as part of a package sale.
    Where is this quadplex located?
    The property is located at 7128 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 on Jamieson Ave in St. Louis Hills, directly across from Willmore Park.; All 4 units are 1 bed/1 bath layouts with central air and forced‑air heating.; Hardwood flooring throughout the units with double‑hung windows and high‑efficiency features.
    More about this property
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