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Archived 12 months ago

$799,900

14+ bd 4+ ba 0 sqft

3921 Shenandoah, St. Louis, MO 63110

Residential Quadplex Occupied

Current Rent **

$5,835

Projected Rent **

$7,421

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Unit 1 Details
  • Current Rent: $1,800
  • Bedroom: 4 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 2 Details
  • Current Rent: $1,835
  • Bedroom: 4 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 3 Details
  • Current Rent: $1,400
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No
Unit 4 Details
  • Current Rent: $800
  • Bedroom: 3 bd
  • Bathroom: 1 ba
  • Square Footage: 0 sqft
  • Occupied: Yes
  • Needs Repairs: No
  • Off MLS: No

Enormous Shaw Neighborhood Quadplex

ENORMOUS 4-Family building in the heart of the prestigious Shaw neighborhood has two 4 bedroom and two 3 bedroom units and is currently producing a 7.3% Cap Rate with 10.3% Proforma and Current NOI of $58,331! 3 of 4 Units have been updated in recent years, along with 2 new HVAC & Water Heaters 2024, 1 New AC 2025. Recent Tuckpointing on all sides, 3 of 4 units are subsidized rent (Section 8 and St. Patrick's Center) for guaranteed stability. The 4th is MTM, coincidentally the unit that has not been updated due to a long-term tenant – but that would make it perfect for an owner occupant to move in, add your own touches to your preference and make this your home! Seller not interested and won't consider offers including seller financing, or creative financing, but welcomes your CASH, or Conventionally backed contracts. We MAY be able to arrange listing agent accompanied viewings of the basement for serious buyers with proof of funds. Tenants will not be disturbed w/o a contract.

Location:

3921 Shenandoah, St. Louis, MO 63110

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.