Rehabbed 4-Unit Multifamily
4560 Flad Avenue St Louis, MO 63110
For Sale
$649,000
MULTI_FAMILY - Craftsman - St Louis, MO
Property Size2,720 SF
Lot Size0.10 Acres
Price / SF$238.60
Days on Market11
Property Features for 4560 Flad Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Bathroom 4, Bedroom 2, Bathroom 3, Bedroom 4
- Appliances
- Stainless Steel Appliance(s), Dishwasher, Microwave, Built-In Electric Range, Refrigerator, Washer, Washer/Dryer Stacked
- Standard status
- Active
- APN
- 5904-00-0010-0
- Size
- 2,720 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4404
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1926
- Number of units
- 4
- Building materials
- Brick
- Architectural style
- Craftsman
Listing Agency:
Worth Clark Realty
(314) 222-0065
Listed By:
Weston Harding
(800) 991-6092
Added: Jul 14
Changed: Jul 22
Last Checked: Jul 24 at 1:06AM
MLS# 26045026
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 is a 4-unit multifamily building at 4560 Flad Avenue in St Louis, with all units rehabbed in 2022 and finished to match. The property includes new plumbing throughout, including a new water service line running from the street into the building, and electrical modernization with 90% of knob-and-tube wiring removed; the remaining 10% is to be completed and paid for by the seller prior to closing. Each unit has a new hot water tank, two of the furnaces have been replaced, and brand new A/C was installed in 2022. Interiors feature modern open-concept layouts with stainless steel kitchen appliances, 42-inch shaker cabinets, a custom tile backsplash, and granite countertops, along with fully renovated bathrooms, refinished hardwood floors, and fresh paint throughout. Each unit also includes its own stacked in-unit washer and dryer.
The exterior includes freshly landscaped grounds with a custom automatic watering system. One unit is currently vacant, offering flexibility for an owner-occupant or an investor to place a tenant immediately. The building is located in the Southwest Garden neighborhood of St Louis, in St Louis City County.
The exterior includes freshly landscaped grounds with a custom automatic watering system. One unit is currently vacant, offering flexibility for an owner-occupant or an investor to place a tenant immediately. The building is located in the Southwest Garden neighborhood of St Louis, in St Louis City County.
Key Highlights
- 4‑unit building rehabbed in 2022 with consistent, high‑end finishes across all units and a modern open‑concept layout
- Major systems updated: new plumbing with water service line from the street into the building, new hot water tanks, and central A/C installed in 2022
- Electrical modernization: 90% of knob‑and‑tube wiring removed; seller to complete and pay for remaining 10% prior to closing
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 | $44.1k | $16.20 |
| − Vacancy | −$2.5k | −$0.92 |
| EGI | $41.6k | $15.28 |
| − OpEx | −$12.5k | −$4.58 |
| NOI | $29.1k | $10.69 |
2,720 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$415.5K
$363.6K – $484.8K
NOI $29,087 @ 7.0% cap · market cap 4.48%
Second Best
Apartment 5plus
$361.6K
$316.4K – $421.9K
NOI $25,312 @ 7.0% cap · market cap 3.90%
Theoretical Best
Office A
$583.8K
$510.8K – $681.1K
NOI $40,863 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
FAQs
What type of property is this?
Quadplex - Four units were fully rehabbed in 2022 with in-unit stacked washer/dryer in each unit.
Where is this quadplex located?
The property is located at 4560 Flad Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 4‑unit building rehabbed in 2022 with consistent, high‑end finishes across all units and a modern open‑concept layout; Major systems updated: new plumbing with water service line from the street into the building, new hot water tanks, and central A/C installed in 2022; Electrical modernization: 90% of knob‑and‑tube wiring removed; seller to complete and pay for remaining 10% prior to closing
