4-Unit Brick
New
For Sale
$399,900
5836 Mardel Avenue, Saint Louis, MO 63109
Residential Income, St Louis, MO
Property Size2,992 SF
Lot Size0.11 Acres
Price / SF$133.66
Days on Market2
Property Features for 5836 Mardel Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Basement, Dining Room, Bedroom 4, Bathroom 3, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3
Parking features
Alley
Patio and Porch features
Porch
Interior features
Ceiling Fan(s), Kitchen/Dining Room Combo, Shower, Solid Surface Countertop(s), Tub
Basement
Unfinished, Full
Appliances
Dryer, Electric Oven, Washer
Subdivision
Chippewa Hampton Park Add
Elementary school
Mason 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
Standard status
Active
APN
6260-00-0020-0
Size
2,992 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4742
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
laundry areas
front porch
storage
Building Details
Year built
1939
Floors in Building
2
Number of units
4
Flooring type
Vinyl, Tile, Hardwood
Building materials
Brick
Architectural style
Other
Listing Agency:
Keller Williams Realty St. Louis
(314) 677-6000
Listed By:
David Nations
(314) 775-2777
Added: Oct 22
Changed: Oct 23
Last Checked: Oct 23 at 3:06PM
MLS# 26066402
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.
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Investment Insights
Based on property information with market context.
Built in 1939, this 2,992-square-foot brick quadplex contains four one-bedroom, one-bathroom apartments. Each unit has a living room, separate dining area, kitchen, and bonus room off the bedroom. Hardwood floors and tile are among the interior finishes. The building also features a front porch and a basement with laundry areas and built-in storage shelving.
The property sits in St. Louis’s Northampton neighborhood, near Hampton Village and the shops and restaurants along Chippewa and Hampton. All four units are rented to long-term tenants. The roof is less than 10 years old, and some building systems have been updated.
The property sits in St. Louis’s Northampton neighborhood, near Hampton Village and the shops and restaurants along Chippewa and Hampton. All four units are rented to long-term tenants. The roof is less than 10 years old, and some building systems have been updated.
Key Highlights
- Four one‑bedroom, one‑bathroom apartments
- 2,992 square feet on a 0.1101‑acre lot
- Built in 1939 with brick construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,995
Cap Rate
8.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,900
$639.9K
Cap Rate 7%
$457,071
$457.1K
Cap Rate 9%
$355,500
$355.5K
Market Conditions
NOI Build-Up for 2,992 SF
Gross rent
$48.5K $16.20/SF
− Vacancy
−$2.8K −$0.92/SF
EGI
$45.7K $15.28/SF
− OpEx
−$13.7K −$4.58/SF
NOI
$32.0K $10.69/SF
Area
St. Louis County, MO
Vacancy
5.70%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$639,900
Cap Rate 7%
$457,071
Cap Rate 9%
$355,500
Alternative Uses
Best Use
Multifamily LT 5
$457.1K
$399.9K – $533.3K
NOI $31,995 @ 7.0% cap · market cap 8.00%
Second Best
Apartment 5plus
$397.8K
$348.1K – $464.1K
NOI $27,844 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$642.1K
$561.9K – $749.2K
NOI $44,950 @ 7.0% cap · market cap 11.24%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
891
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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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Each apartment offers one bedroom, one bathroom, separate living and dining areas, and an additional room off the bedroom.
Where is this quadplex located?
The property is located at 5836 Mardel Avenue Saint Louis, MO.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Four one‑bedroom, one‑bathroom apartments; 2,992 square feet on a 0.1101‑acre lot; Built in 1939 with brick construction
