Building Details

Buildings 1

Tenancy Multi

Listing Agency: Invest St Louis LLC i***@gmail.com Show Phone

Listed By: Jordan Schoen · License #MO 2009024331

Source: Crexi

Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 8:47AM

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Investment Insights

Based on property information with market context.

This four-unit residential property includes four apartments, each configured with two bedrooms and one bathroom. Improvements have been made to the kitchens, bathrooms, HVAC systems, plumbing, and electrical service, while the roof is approximately 10 years old. All units are occupied by long-term, month-to-month tenants, providing an established rental configuration with flexible lease terms. The property also supports owner occupancy.

Located in Ballwin between Ellisville and Manchester, the quadplex is within the Rockwood School District and Marquette High School boundaries. Highway 141 and Manchester Road provide access to surrounding parts of the St. Louis metro area. The property is addressed at 229 Solon Drive, Ballwin, Missouri 63021.

Key Highlights

• Four residential units, each with 2 bedrooms and 1 bathroom
• Kitchen and bathroom updates completed across the property
• HVAC, plumbing, and electrical systems have been updated

Property Analytics

Property Profile

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage Daycare Center Hair Salon

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

4

Residential units

100%

Occupancy

Multi-tenant

Tenancy

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

507

Businesses Nearby

Explore this area Business Placement

Demographics for 63021, MO

56,680

Population

22,982

Households

2.5

Avg Household Size

41

Median Age

62%

College-Educated

98%

High-School Grad

21.8 sq mi

ZIP Area

2,600

Density / Sq Mi

$113,822

Median Household Income

$58,800

Median Earnings

$1,362

Median Rent

$324,300

Median Home Value

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?

Quadplex - Four two-bedroom apartments feature refreshed interiors, upgraded systems, and month-to-month tenant occupancy.

Where is this quadplex located?

The property is located at 229 Solon Dr Ballwin, MO.

What are key features of this property?

This property features: Four residential units, each with 2 bedrooms and 1 bathroom; Kitchen and bathroom updates completed across the property; HVAC, plumbing, and electrical systems have been updated