Brick Quadplex with
For Sale
$325,000
5006 - 5008 Chippewa, Saint Louis, MO 63109
Residential Income, St Louis, MO
Property Size2,856 SF
Lot Size0.14 Acres
Price / SF$113.80
Days on Market47
Property Features for 5006 - 5008 Chippewa
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1, Basement, Bedroom 1
Parking
6
Parking features
Off Street, Parking Lot
Basement
Storage Space, Unfinished
Subdivision
Northampton
Elementary school
Buder Elem.
Middle school
Long Middle Community Ed. Center
High school
Roosevelt 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
6038-00-0150-0
Size
2,856 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Description
C. B. 6038 CHIPPEWA 42 FT 8 IN X 145 FT NORTHAMPTON ADDN BLK 12 LOTS E-16 & 17
Legal Description
C. B. 6038 CHIPPEWA 42 FT 8 IN X 145 FT NORTHAMPTON ADDN BLK 12 LOTS E-16 & 17
Utilities
Heating system
Forced Air
Cooling system
Wall/Window Unit(s), Window Unit(s)
Amenities
balconies
concrete parking pad
washer/dryer hookups
storage
Building Details
Year built
1926
Floors in Building
2
Building materials
Brick, Stone
Architectural style
Other
Listing Agency:
Berkshire Hathaway HomeServices Select Properties
(636) 720-1100
Listed By:
David Haley · License #2007017472
(314) 677-4554
Added: Aug 24
Changed: Sep 28
Last Checked: Oct 9 at 8:06PM
MLS# 25055460
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 2,856-square-foot quadplex contains four fully occupied units, each arranged with one bedroom, one bathroom, a living room, and an eat-in kitchen equipped with appliances. Balconies extend the usable living area, while the shared basement provides designated washer and dryer hookups along with storage. The building was constructed in 1926 with brick and stone exterior materials and is served by forced-air heat and wall or window unit cooling.
Located at 5006–5008 Chippewa in St. Louis, the property includes a 0.14-acre lot with off-street parking and a concrete parking pad. The North Hampton setting places the building near parks, shopping, dining, and major highways. A second building at 5026–5028 Chippewa is also offered for sale under MLS# 25055468.
Located at 5006–5008 Chippewa in St. Louis, the property includes a 0.14-acre lot with off-street parking and a concrete parking pad. The North Hampton setting places the building near parks, shopping, dining, and major highways. A second building at 5026–5028 Chippewa is also offered for sale under MLS# 25055468.
Key Highlights
- Four fully occupied 1‑bedroom/1‑bath units
- 2,856 square feet on a 0.14‑acre lot
- Balconies included with each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,578
Cap Rate
8.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,560
$531.6K
Cap Rate 7%
$379,686
$379.7K
Cap Rate 9%
$295,311
$295.3K
Market Conditions
NOI Build-Up for 2,856 SF
Gross rent
$51.4K $18.00/SF
− Vacancy
−$3.1K −$1.08/SF
EGI
$48.3K $16.92/SF
− OpEx
−$21.7K −$7.61/SF
NOI
$26.6K $9.31/SF
Area
St. Louis County, MO
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$531,560
Cap Rate 7%
$379,686
Cap Rate 9%
$295,311
Alternative Uses
Best Use
Multifamily LT 5
$436.3K
$381.8K – $509.0K
NOI $30,541 @ 7.0% cap · market cap 9.40%
Second Best
Apartment 5plus
$379.7K
$332.2K – $443.0K
NOI $26,578 @ 7.0% cap · market cap 8.18%
Theoretical Best
Office A
$612.9K
$536.3K – $715.1K
NOI $42,906 @ 7.0% cap · market cap 13.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
831
Businesses Nearby
Explore this area
Business Placement
Demographics for 63109, MO
26,777
Population
14,963
Households
1.8
Avg Household Size
39
Median Age
52%
College-Educated
96%
High-School Grad
3.5 sq mi
ZIP Area
7,651
Density / Sq Mi
$71,563
Median Household Income
$52,245
Median Earnings
$929
Median Rent
$244,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully occupied four-unit property with one-bedroom layouts, private baths, balconies, and shared basement storage.
Where is this quadplex located?
The property is located at 5006 - 5008 Chippewa Saint Louis, MO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Four fully occupied 1‑bedroom/1‑bath units; 2,856 square feet on a 0.14‑acre lot; Balconies included with each unit
