Renovated Four-Unit
5022 Elenore Avenue St Louis, MO 63116
5022 Elenore Avenue St, Louis, MO, 63116
$408,999
For Sale
$408,999
MULTI_FAMILY - Other - St Louis, MO
Property Size2,938 SF
Lot Size0.11 Acres
Price / SF$139.21
Days on Market42
Property Features for 5022 Elenore Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 1
- Bathrooms
- 1
- Rooms
- Bedroom 1, Bathroom 1, Basement
- Parking features
- Assigned, On Street, Alley
- Window features
- Storm Window(s)
- 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
- Entry Steps/Stairs
- Basement
- Unfinished, Full, Concrete, Block
- Appliances
- Stainless Steel Appliance(s), Electric Cooktop, Dishwasher, Microwave, Electric Oven, Electric Range
- 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 Description
- CB 5842 Elenore Av 40' 10"/40' x 117 FT 4"/119.85' S Kingshighway Ter Addn Block 3 Lot 6
- Tax Annual Amount
- 2993
Utilities
- Utilities
- Electricity Available
- Heating system
- Natural Gas, Varies by Unit (Heating)
- Cooling system
- Central Air, Gas (Cooling), Electric, Varies by Unit
- Water source
- Public
Building Details
- Year built
- 1926
- Floors in Building
- 3
- Number of units
- 4
- Flooring type
- Vinyl
- Building materials
- Brick, Concrete
- Roof type
- Flat
- Architectural style
- Other
Listing agency
Platinum Realty of St. Louis
(888) 220-0988
Listed by
Kathleen Lawrence · License #2012006198
(913) 378-2807
Added: Jun 12 Updated: Jul 22 at 12:34PM Checked: Jul 23 at 12:06AM
MLS# 25058455
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 renovated quadplex offers four one-bedroom units with similarly updated interior finishes. Each unit includes stainless steel appliances (refrigerator, stove, microwave, and dishwasher), granite countertops, upgraded LVP flooring, and updated paint. Bathrooms feature soaking tubs. The property also includes on-site laundry in the basement and assigned parking for each unit.
The four units are currently rented, with two units at $845 per month and two units at $900 per month. The building is located near Christy Park with convenient access to public transportation and major highways for commuting. The property is being sold “as is, where is,” and the seller will not pay for repairs or offer credits. Do not disturb tenants.
The four units are currently rented, with two units at $845 per month and two units at $900 per month. The building is located near Christy Park with convenient access to public transportation and major highways for commuting. The property is being sold “as is, where is,” and the seller will not pay for repairs or offer credits. Do not disturb tenants.
Key Highlights
- Four one‑bedroom units in a renovated 1926 four‑family property
- All units include stainless steel appliances, granite counters, kitchen island, and open floorplan with recessed lighting
- Unit bathrooms feature separate shower and soaking tub; upgraded LVP/vinyl flooring throughout
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
NOI $31,418 @ 7.0% cap · market cap 7.68%
Second Best
Apartment 5plus
$390.6K
$341.8K – $455.7K
NOI $27,341 @ 7.0% cap · market cap 6.68%
Theoretical Best
Office A
$630.5K
$551.7K – $735.6K
NOI $44,138 @ 7.0% cap · market cap 10.79%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
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FAQs
What type of property is this?
Quadplex - Renovated quadplex with four rented one-bedroom units, in-unit modern finishes, and on-site basement laundry with 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: Four one‑bedroom units in a renovated 1926 four‑family property; All units include stainless steel appliances, granite counters, kitchen island, and open floorplan with recessed lighting; Unit bathrooms feature separate shower and soaking tub; upgraded LVP/vinyl flooring throughout
