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Duplex with Screened Porch
New
For Sale
$575,000

6114 Waterman Boulevard, Saint Louis, MO 63112

Residential Income, St Louis, MO

Property Size2,884 SF
Lot Size0.10 Acres
Price / SF$199.38
Days on Market3

Property Features for 6114 Waterman Boulevard

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 1
Full bathrooms 1
Rooms Bedroom 3, Bedroom 2, Bathroom 1, Bedroom 1, Basement
Parking features On Street
Fireplace 1
Basement Walk-Out Access, Unfinished
Appliances Dishwasher, Dryer, Range, Refrigerator, Washer
Subdivision Wash Heights Add
Elementary school Hamilton Elem. Community Ed.
Middle school Langston Middle
High school Sumner High
Elementary school district St. Louis City
Middle school district St. Louis City
High school district St. Louis City
Directions GPS Friendly
Standard status Active
APN 5416-00-0170-0
Size 2,884 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4667

Utilities

Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Amenities

screened porch
fenced backyard

Building Details

Year built 1909
Building materials Brick
Architectural style Other
Listing Agency: Keller Williams Realty St. Louis
Listed By: Kraemer & Kraemer · License #2017000519
Added: Oct 7 Changed: Oct 8 Last Checked: Oct 9 at 4:06PM
MLS# 26064559

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.

Built in 1909, this brick duplex contains two three-bedroom units with 2,884 square feet of combined living area. Interior details include hardwood floors, high ceilings, original millwork, large rooms and decorative fireplaces. Each residence has an updated kitchen with stainless steel appliances and stone countertops. A two-story screened porch provides outdoor space for both units, alongside a fenced backyard with mature landscaping.

The property occupies a 0.0985-acre parcel near Washington University. Central air and forced-air natural gas heat serve the building, and on-street parking is available. The property also includes a basement and public water service.

Key Highlights

  • Two 3‑bedroom units in a 2,884‑square‑foot brick duplex
  • Built in 1909 on a 0.0985‑acre parcel
  • Two‑story screened porch and fenced backyard with mature landscaping

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$30,840
Cap Rate
5.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,800 $616.8K
Cap Rate 7%
$440,571 $440.6K
Cap Rate 9%
$342,667 $342.7K
Market Conditions
NOI Build-Up for 2,884 SF
Gross rent
$46.7K $16.20/SF
− Vacancy
−$2.7K −$0.92/SF
EGI
$44.1K $15.28/SF
− OpEx
−$13.2K −$4.58/SF
NOI
$30.8K $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 Rate 5%
$616,800
Cap Rate 7%
$440,571
Cap Rate 9%
$342,667

Alternative Uses

Best Use
Multifamily LT 5
$440.6K
$385.5K – $514.0K (±1% cap)
NOI $30,840 @ 7.0% cap · market cap 5.36%
Second Best
Apartment 5plus
$383.4K
$335.5K – $447.3K (±1% cap)
NOI $26,839 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$619.0K
$541.6K – $722.1K (±1% cap)
NOI $43,327 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Accounting Firm Auto Parts Store Real Estate Agency (Bike/Boat/Book/etc) Store Plumbing Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

856
Businesses Nearby

Demographics for 63112, MO

18,954
Population
11,521
Households
1.6
Avg Household Size
33
Median Age
44%
College-Educated
89%
High-School Grad
3.2 sq mi
ZIP Area
5,923
Density / Sq Mi
$43,262
Median Household Income
$36,297
Median Earnings
$911
Median Rent
$216,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two three-bedroom residences feature updated kitchens and private outdoor living areas.
Where is this duplex located?
The property is located at 6114 Waterman Boulevard Saint Louis, MO.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two 3‑bedroom units in a 2,884‑square‑foot brick duplex; Built in 1909 on a 0.0985‑acre parcel; Two‑story screened porch and fenced backyard with mature landscaping
More about this property
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