Four-Unit Quadplex with
5026 - 5028 Chippewa St Louis, MO 63109
For Sale
$335,000
MULTI_FAMILY - Other - St Louis, MO
Property Size2,856 SF
Lot Size0.14 Acres
Price / SF$117.30
Days on Market101
Property Features for 5026 - 5028 Chippewa St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1, Basement, Bedroom 1, Bedroom 3, Bathroom 3
- Parking
- 6
- Parking features
- Parking Lot
- Exterior features
- Balcony
- Basement
- Full, Block
- Standard status
- Active
- APN
- 6038-00-0100-0
- Size
- 2,856 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- C. B. 6038 CHIPPEWA ST 42 FT 8 IN X 145 FT NORTHHAPTON PK ADDN BLK 12 LOT E-11 & W-12
- Tax Annual Amount
- 2771
Utilities
- Heating system
- Forced Air
- Cooling system
- Wall/Window Unit(s), Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1926
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Brick, Stone
- Architectural style
- Other
Listing Agency:
Berkshire Hathaway HomeServices Select Properties
(636) 720-1100
Listed By:
David Haley · License #2007017472
(314) 835-6000
Added: Apr 15
Changed: Jul 21
Last Checked: Jul 24 at 10:06AM
MLS# 25055468
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 well-maintained four-unit quadplex offers four 1-bedroom, 1-bath residences. Each unit includes a comfortable living room and a spacious eat-in kitchen with appliances. Residents also have access to a sunroom, and there are designated washer/dryer hookups along with storage in the shared basement. The property further includes a concrete parking pad to support off-street vehicle needs.
The property is located at 5026–5028 Chippewa in St. Louis, MO 63109, in the North Hampton neighborhood, as described in the remarks. It is presented as convenient to parks, shopping, dining, and major highways.
For an owner seeking a small multifamily addition, this quadplex is described as fully occupied with steady rental income from the current 1-bedroom unit mix. With parking and laundry hookups already addressed, the layout supports straightforward, resident-friendly day-to-day living. The listing notes that seller/owner financing is not an option, and the property is offered for sale at 2,856 square feet on a 0.14-acre lot.
The property is located at 5026–5028 Chippewa in St. Louis, MO 63109, in the North Hampton neighborhood, as described in the remarks. It is presented as convenient to parks, shopping, dining, and major highways.
For an owner seeking a small multifamily addition, this quadplex is described as fully occupied with steady rental income from the current 1-bedroom unit mix. With parking and laundry hookups already addressed, the layout supports straightforward, resident-friendly day-to-day living. The listing notes that seller/owner financing is not an option, and the property is offered for sale at 2,856 square feet on a 0.14-acre lot.
Key Highlights
- 4‑unit quadplex with fully occupied 1‑bedroom/1‑bath units
- Each unit includes a living room and a spacious eat‑in kitchen with appliances
- Balcony plus concrete parking pad and parking lot on site
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 | $46.3k | $16.20 |
| − Vacancy | −$2.6k | −$0.92 |
| EGI | $43.6k | $15.28 |
| − OpEx | −$13.1k | −$4.58 |
| NOI | $30.5k | $10.69 |
2,856 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$436.3K
$381.8K – $509.0K
NOI $30,541 @ 7.0% cap · market cap 9.12%
Second Best
Apartment 5plus
$379.7K
$332.2K – $443.0K
NOI $26,578 @ 7.0% cap · market cap 7.93%
Theoretical Best
Office A
$612.9K
$536.3K – $715.1K
NOI $42,906 @ 7.0% cap · market cap 12.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Well-maintained quadplex with four 1-bedroom, 1-bath units, sunrooms, and dedicated parking and laundry hookups.
Where is this quadplex located?
The property is located at 5026 - 5028 Chippewa St Louis, MO.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: 4‑unit quadplex with fully occupied 1‑bedroom/1‑bath units; Each unit includes a living room and a spacious eat‑in kitchen with appliances; Balcony plus concrete parking pad and parking lot on site
