Brick 6-Unit Apartment
4540 Morganford Road St Louis, MO 63116
For Sale
$599,900
MULTI_FAMILY - Other - St Louis, MO
Property Size5,130 SF
Price / SF$116.94
Days on Market24
Property Features for 4540 Morganford Road St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 13
- Bathrooms
- 6
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 4, Bedroom 12, Bedroom 7, Bedroom 9, Bedroom 13, Bedroom 8, Bedroom 10, Bedroom 2, Bathroom 1, Bathroom 5, Bedroom 3, Bedroom 11, Bathroom 3, Bathroom 6, Basement, Bedroom 6, Bathroom 2
- Parking features
- Parking Lot
- Basement
- Storage Space, Unfinished
- Appliances
- Dishwasher, Microwave, Electric Oven
- Standard status
- Active
- APN
- 5874-00-0010-0
Taxes and HOA fees
- Tax Description
- C B 5874 MORGANFORD 79.19 FT / 75 FT 5 5/8 IN X 113.49 FT / 87 FT 11 3/8 IN GRAVOIS MORGANFORD ADDN BLOCK 2 N-22 & N-23
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 6
- Building materials
- Brick
- Architectural style
- Other
Listing Agency:
Keller Williams Realty St. Louis
(314) 677-6000
Listed By:
David Nations · License #2007027969
(314) 677-6000
Added: Jun 30
Changed: Jul 22
Last Checked: Jul 23 at 12:06PM
MLS# 26031413
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 brick 6-family apartment building includes a 2019 TPO roof with gutters and downspouts, vinyl windows, and PVC plumbing, including sewer laterals. Each unit has access to the shared basement area featuring private laundry hookups and storage lockers.
The property offers off-street parking in a fenced, private lot behind the building. A courtyard with benches and a large shade tree provides a shared outdoor space.
Unit mix includes 45401F (2/1, approx. 1,220 SF) and 45402F (3/1, approx. 1,030 SF), with 4274A (2/1, approx. 720 SF) vacant, 4274B (2/1, approx. 720 SF), 4274C (2/1, approx. 720 SF), and 4274D (2/1, approx. 720 SF) vacant. The property is located at 4540 Morganford Road, St Louis, MO 63116.
The property offers off-street parking in a fenced, private lot behind the building. A courtyard with benches and a large shade tree provides a shared outdoor space.
Unit mix includes 45401F (2/1, approx. 1,220 SF) and 45402F (3/1, approx. 1,030 SF), with 4274A (2/1, approx. 720 SF) vacant, 4274B (2/1, approx. 720 SF), 4274C (2/1, approx. 720 SF), and 4274D (2/1, approx. 720 SF) vacant. The property is located at 4540 Morganford Road, St Louis, MO 63116.
Key Highlights
- Brick 6‑family building built in 1925
- 2019 updates include new TPO roof, gutters, and downspouts
- Utilities/plumbing: vinyl windows and PVC plumbing, including sewer laterals; water source is public
Financial Insights For Apartment 5plus
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 | $92.3k | $18.00 |
| − Vacancy | −$5.5k | −$1.08 |
| EGI | $86.8k | $16.92 |
| − OpEx | −$39.1k | −$7.61 |
| NOI | $47.7k | $9.31 |
5,130 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$682.0K
$596.8K – $795.7K
NOI $47,740 @ 7.0% cap · market cap 7.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.10M
$963.4K – $1.28M
NOI $77,069 @ 7.0% cap · market cap 12.85%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
FAQs
What type of property is this?
Apartment building - Six-unit brick building with 2019 TPO roof, vinyl windows, PVC plumbing, shared basement laundry, and fenced rear parking lot.
Where is this apartment building located?
The property is located at 4540 Morganford Road St Louis, MO.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: Brick 6‑family building built in 1925; 2019 updates include new TPO roof, gutters, and downspouts; Utilities/plumbing: vinyl windows and PVC plumbing, including sewer laterals; water source is public
