Quadplex with Garage
1274 Hawthorne Place, Richmond Heights, MO 63117
For Sale
New
$660,000
Residents have in-unit laundry and a private deck or sunroom, with Highland Park directly across the street.
Property Size3,216 SF
Price / SF$205.22
Days on Market2
Property Features for 1274 Hawthorne Place
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
secure-access building
refinished hardwood flooring
individually controlled heating systems with central air conditioning
washer and dryer in-unit
private deck or sunroom
designated garage parking
secure entry
No
Inside
Owner
3216
0.1455
Building Details
Building Size
Year Built
Buildings
Listing Agency:
CBRE
(636) 275-1178
Listed By:
Scott Hickinbotham
Source:
Scotthickinbotham
Added: Nov 8
Changed: Nov 9
Last Checked: Nov 9 at 2:36AM
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 CBRE
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 3,216-square-foot quadplex, built in 1920, has four one-bedroom residences averaging approximately 800 square feet each. Interior features include refinished hardwood in the main living areas, individually controlled heating, central air conditioning, and a washer and dryer in every unit. Each residence also has a private deck or sunroom. Secure entry and designated garage parking serve the building.
Highland Park is directly across the street, with shopping, dining, and major commuter routes also nearby.
Highland Park is directly across the street, with shopping, dining, and major commuter routes also nearby.
Key Highlights
- Four one‑bedroom units averaging approximately 800 square feet each
- 3,216‑square‑foot building constructed in 1920
- In‑unit washer and dryer in every residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,391
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$687,820
$687.8K
Cap Rate 7%
$491,300
$491.3K
Cap Rate 9%
$382,122
$382.1K
Market Conditions
NOI Build-Up for 3,216 SF
Gross rent
$52.1K $16.20/SF
− Vacancy
−$3.0K −$0.92/SF
EGI
$49.1K $15.28/SF
− OpEx
−$14.7K −$4.58/SF
NOI
$34.4K $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%
$687,820
Cap Rate 7%
$491,300
Cap Rate 9%
$382,122
Alternative Uses
Best Use
Multifamily LT 5
$491.3K
$429.9K – $573.2K
NOI $34,391 @ 7.0% cap · market cap 5.21%
Second Best
Apartment 5plus
$427.5K
$374.1K – $498.8K
NOI $29,928 @ 7.0% cap · market cap 4.53%
Theoretical Best
Office A
$690.2K
$603.9K – $805.3K
NOI $48,315 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
1,048
Businesses Nearby
Explore this area
Business Placement
Demographics for 63117, MO
9,660
Population
4,917
Households
2
Avg Household Size
37
Median Age
74%
College-Educated
99%
High-School Grad
2.4 sq mi
ZIP Area
4,025
Density / Sq Mi
$86,667
Median Household Income
$59,872
Median Earnings
$1,216
Median Rent
$330,100
Median Home Value
Market
Average Price Trend$/SF for Quadplexes in St. Louis County, MO
Properties on Market for Quadplexes in St. Louis County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Residents have in-unit laundry and a private deck or sunroom, with Highland Park directly across the street.
Where is this quadplex located?
The property is located at 1274 Hawthorne Place Richmond Heights, MO.
What is the asking price?
The asking price for this property is $660,000.
What are key features of this property?
This property features: Four one‑bedroom units averaging approximately 800 square feet each; 3,216‑square‑foot building constructed in 1920; In‑unit washer and dryer in every residence
