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    Four-Unit Apartment Quadplex Title is generated by Realmo AI

    5022 Elenore Avenue St, Louis, MO 63116

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    Claim this Listing
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    For Sale
    $408,999

    2-4 Units, Apartment Style - St Louis, MO

    Property size:
    2,938 SF
    Lot size:
    0.11 Acres
    Price / SF:
    $139/SF
    Added:
    Jun 12, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 16 at 4:06 pm

    Property Features for 5022 Elenore Avenue St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    Assigned, Driveway, Garage, On Street
    Interior features
    Built-in Features, Ceiling Fan(s), Custom Cabinetry, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Recessed Lighting, Separate Shower, Tub
    Exterior features
    Level, Entry Steps/Stairs
    Basement Y/N
    1
    Appliances
    Cooktop, Cooktop - Electric, Dishwasher, Microwave, Range, Washer
    Standard status
    Active
    APN
    5842-00-0360-0
    Size
    2,938 SF
    Lot size
    0.11 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    2993

    Utilities

    Heating system
    Natural Gas, Varies by Unit (Heating)
    Cooling system
    Central Air, Electric, Gas (Cooling), Varies by Unit

    Building Details

    Year built
    1926
    Number of units
    4
    Flooring type
    Vinyl
    Building materials
    Brick, Concrete
    Roof type
    Flat
    Architectural style
    Other

    We can help!

    Listing Contact
    Kathleen Lawrence
    Kathleen Lawrence

    Listing agent Kathleen Lawrence License #2012006198

    Listing office Platinum Realty of St. Louis 16647 Chesterfield Grv Ste 350, Overland Park, MO

    Listing date Jun 12, 2026

    MLS# 25058455 Listing URL

    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.

    HighLights

    • Fully renovated four‑family property with immediate income potential.
    • Each unit features modern updates: stainless steel appliances, granite countertops, and LVP flooring.
    • All units are currently rented, providing consistent cash flow.
    • On‑site laundry and assigned parking for each unit.
    • Convenient location near Christy Park, public transportation, and major highways.
    • Soaking tubs in each unit's bathroom.

    Overview

    This renovated four-unit apartment quadplex offers four one-bedroom units with consistent, modern updates. Each unit includes a stainless appliance package with refrigerator, stove, microwave, and dishwasher, along with granite countertops, upgraded LVP flooring, and updated paint throughout. Bathrooms feature soaking tubs, and the property includes on-site laundry located in the basement. Assigned parking is provided for each unit.

    The building is located in St. Louis City near Christy Park, with convenient access to public transportation and major highways for commuting. The property is currently occupied, and tenants must not be disturbed.

    From an ownership perspective, the property is being sold “as is, where is,” with the seller not paying for repairs or offering credits. The current rental operation consists of four leased one-bedroom units, with two units listed at $845 per month and two units at $900 per month, subject to the terms of the existing leases.

    Local 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 $47.6k $16.20
    − Vacancy −$2.7k −$0.92
    EGI $44.9k $15.28
    − OpEx −$13.5k −$4.58
    NOI $31.4k $10.69
    2,938 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $448.8K
    $392.7K – $523.6K (±1% cap)
    NOI $31,418 @ 7.0% cap · market cap 7.68%
    Second Best
    Apartment 5plus
    $390.6K
    $341.8K – $455.7K (±1% cap)
    NOI $27,341 @ 7.0% cap · market cap 6.68%
    Theoretical Best
    Office A
    $630.5K
    $551.7K – $735.6K (±1% cap)
    NOI $44,138 @ 7.0% cap · market cap 10.79%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.275282
    Latitude
    38.582744

    FAQs

    What type of property is this?
    Quadplex - Renovated quadplex with four one-bedroom units, in-unit modern finishes, basement laundry, and assigned parking.
    Where is this quadplex located?
    The property is located at 5022 Elenore Avenue St Louis, MO.
    What is the asking price?
    The asking price for this property is $408,999.
    What are key features of this property?
    This property features: Fully renovated four‑family property with immediate income potential.; Each unit features modern updates: stainless steel appliances, granite countertops, and LVP flooring.; All units are currently rented, providing consistent cash flow.
    More about this property
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