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Apartment Building with Six Decks

919 S Boyle Avenue, Saint Louis, MO 63110

For Sale
$995,000

Renovated kitchens and bathrooms accompany updated plumbing, electrical systems, windows, and doors.

Property Size7,350 SF
Price / SF$135.37
Days on Market237

Property Features for 919 S Boyle Avenue

General Information

Standard status Active
Size 7,350 SF
Property subtype 5 Family or More

Taxes and HOA fees

Annual Taxes $3,761

Building Details

Building Size 7,350 SF
Year Built 1926
Listing Agency: Cal McCline
Listed By: Cal McCline
Source: Janetmcafee
Added: Mar 18 Changed: Nov 9 Last Checked: Nov 8 at 6:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cal McCline

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Investment Insights

Based on property information with market context.

This 7,350-square-foot apartment building, constructed in 1926, has six new decks and renovated kitchens and bathrooms. Interior work includes new flooring and paint, while windows, doors, plumbing, and electrical systems have also been updated. Each unit includes a stainless steel stove and refrigerator. Two new furnaces serve the building, and the rubber roof is 7 years old with no active leaks. New concrete surrounds the property, including the porches and steps.

The property is at 919 S Boyle Avenue in St. Louis, Missouri, adjacent to the Ronald McDonald House. More than 50 businesses are within walking distance.

Key Highlights

  • 7,350‑square‑foot apartment building built in 1926
  • Six new decks
  • Renovated kitchens and bathrooms; updated windows, doors, plumbing, and electrical

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$68,399
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,367,980 $1.4M
Cap Rate 7%
$977,129 $977.1K
Cap Rate 9%
$759,989 $760.0K
Market Conditions
NOI Build-Up for 7,350 SF
Gross rent
$132.3K $18.00/SF
− Vacancy
−$7.9K −$1.08/SF
EGI
$124.4K $16.92/SF
− OpEx
−$56.0K −$7.61/SF
NOI
$68.4K $9.31/SF
Area
St. Louis County, MO
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,367,980
Cap Rate 7%
$977,129
Cap Rate 9%
$759,989

Alternative Uses

Best Use
Apartment 5plus
$977.1K
$855.0K – $1.14M (±1% cap)
NOI $68,399 @ 7.0% cap · market cap 6.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.58M
$1.38M – $1.84M (±1% cap)
NOI $110,421 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

2,937
Businesses Nearby

Demographics for 63110, MO

18,199
Population
10,260
Households
1.8
Avg Household Size
33
Median Age
64%
College-Educated
97%
High-School Grad
6.6 sq mi
ZIP Area
2,757
Density / Sq Mi
$73,809
Median Household Income
$55,340
Median Earnings
$1,183
Median Rent
$314,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Apartment buildings in St. Louis County, MO

$110 Jul
$111 Aug
$108 Sep
$123 Oct

Properties on Market for Apartment buildings in St. Louis County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Renovated kitchens and bathrooms accompany updated plumbing, electrical systems, windows, and doors.
Where is this apartment building located?
The property is located at 919 S Boyle Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: 7,350‑square‑foot apartment building built in 1926; Six new decks; Renovated kitchens and bathrooms; updated windows, doors, plumbing, and electrical
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