Brick Triplex with Full
For Sale
$310,000
926 Eastgate Avenue St, Louis, MO 63130
Residential Income, St Louis, MO
Property Size1,875 SF
Lot Size0.13 Acres
Price / SF$165.33
Days on Market49
Property Features for 926 Eastgate Avenue St
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Basement
Basement
Full
Subdivision
North Parkview
Elementary school
Jackson Park Elem.
Middle school
Brittany Woods
High school
University City Sr. High
Elementary school district
University City
Middle school district
University City
High school district
University City
Standard status
Active
APN
18H-44-0854
Size
1,875 SF
Lot size
0.13 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5757
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
full basement
Building Details
Year built
1960
Floors in Building
1
Number of units
3
Building materials
Brick
Architectural style
Ranch
Listing Agency:
Landmark Realty
(618) 466-1513
Listed By:
Jenny Wisniewski · License #475163192
(618) 791-8224
Added: Jul 22
Changed: Sep 4
Last Checked: Sep 8 at 1:06AM
MLS# 26037170
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 brick triplex contains three two-bedroom, one-bath residences within a 1,875-square-foot ranch-style building. The property includes a full basement, forced-air heating, central air, and public water service. Built in 1960, the structure has a roof that is 7 years old, and all three units are occupied.
The 0.134-acre property is located near Washington University and the Delmar Loop in St. Louis, Missouri. Its three-unit configuration, established building systems, and basement provide a straightforward multifamily layout in a residential income setting.
The 0.134-acre property is located near Washington University and the Delmar Loop in St. Louis, Missouri. Its three-unit configuration, established building systems, and basement provide a straightforward multifamily layout in a residential income setting.
Key Highlights
- Three occupied units, each with 2 bedrooms and 1 bath
- 1,875‑square‑foot brick triplex on 0.134 acres
- Full basement included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,051
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$401,020
$401.0K
Cap Rate 7%
$286,443
$286.4K
Cap Rate 9%
$222,789
$222.8K
Market Conditions
NOI Build-Up for 1,875 SF
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.
Gross rent
$30.4K $16.20/SF
− Vacancy
−$1.7K −$0.92/SF
EGI
$28.6K $15.28/SF
− OpEx
−$8.6K −$4.58/SF
NOI
$20.1K $10.69/SF
Area
St. Louis County, MO
Vacancy
5.70%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$401,020
Cap Rate 7%
$286,443
Cap Rate 9%
$222,789
Alternative Uses
Best Use
Multifamily LT 5
$286.4K
$250.6K – $334.2K
NOI $20,051 @ 7.0% cap · market cap 6.47%
Second Best
Apartment 5plus
$249.3K
$218.1K – $290.8K
NOI $17,449 @ 7.0% cap · market cap 5.63%
Theoretical Best
Office A
$402.4K
$352.1K – $469.5K
NOI $28,169 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
959
Businesses Nearby
Explore this area
Business Placement
Demographics for 63130, MO
29,454
Population
14,106
Households
2.1
Avg Household Size
35
Median Age
64%
College-Educated
97%
High-School Grad
5.0 sq mi
ZIP Area
5,891
Density / Sq Mi
$81,103
Median Household Income
$50,407
Median Earnings
$1,199
Median Rent
$285,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Occupied three-unit residential income property near Washington University and the Delmar Loop.
Where is this triplex located?
The property is located at 926 Eastgate Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Three occupied units, each with 2 bedrooms and 1 bath; 1,875‑square‑foot brick triplex on 0.134 acres; Full basement included
