30-Unit Tudor Apartment
5024 Christy Boulevard, Saint Louis, MO 63116
For Sale
$2,200,000
Built in 1928, the brick property retains hardwood floors and wood detailing in most apartments.
Property Size20,934 SF
Days on Market21
Property Features for 5024 Christy Boulevard
General Information
Standard status
Size
Property subtype
Additional Details
Road Access
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Stories
Construction
Listing Agency:
Efthim Company, REALTORS
Listed By:
Chris Efthim
(314) 766-1391
Source:
Powerhausrealty
Added: Oct 20
Changed: Nov 9
Last Checked: Nov 7 at 8:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Efthim Company, REALTORS
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 20,934-square-foot apartment property contains 30 units in a brick building constructed in 1928. English Tudor architecture distinguishes the structure, while hardwood floors and wood detailing remain in most apartments.
The building occupies the corner of Christy Boulevard and Wilcox Avenue, across from Christy Park. Dining and shopping are within walking distance.
The building occupies the corner of Christy Boulevard and Wilcox Avenue, across from Christy Park. Dining and shopping are within walking distance.
Key Highlights
- 30 apartment units in a 20,934‑square‑foot building
- Constructed in 1928 with English Tudor architecture and all‑brick construction
- Hardwood floors and wood detailing remain in most units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$194,812
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,896,240
$3.9M
Cap Rate 7%
$2,783,029
$2.8M
Cap Rate 9%
$2,164,578
$2.2M
Market Conditions
NOI Build-Up for 20,934 SF
Gross rent
$376.8K $18.00/SF
− Vacancy
−$22.6K −$1.08/SF
EGI
$354.2K $16.92/SF
− OpEx
−$159.4K −$7.61/SF
NOI
$194.8K $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%
$3,896,240
Cap Rate 7%
$2,783,029
Cap Rate 9%
$2,164,578
Alternative Uses
Best Use
Apartment 5plus
$2.78M
$2.44M – $3.25M
NOI $194,812 @ 7.0% cap · market cap 8.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.49M
$3.93M – $5.24M
NOI $314,496 @ 7.0% cap · market cap 14.30%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
30
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
942
Businesses Nearby
Explore this area
Business Placement
Demographics for 63116, MO
41,959
Population
22,394
Households
1.9
Avg Household Size
37
Median Age
37%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
7,770
Density / Sq Mi
$60,193
Median Household Income
$42,012
Median Earnings
$946
Median Rent
$161,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Apartment buildings in St. Louis County, MO
Properties on Market for Apartment buildings in St. Louis County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Built in 1928, the brick property retains hardwood floors and wood detailing in most apartments.
Where is this apartment building located?
The property is located at 5024 Christy Boulevard Saint Louis, MO.
What is the asking price?
The asking price for this property is $2,200,000.
What are key features of this property?
This property features: 30 apartment units in a 20,934‑square‑foot building; Constructed in 1928 with English Tudor architecture and all‑brick construction; Hardwood floors and wood detailing remain in most units
