Four-Unit Residential Income
For Sale
$950,000
611 Thunderbird Court, Chesterfield, MO 63017
Each residence has private outdoor space, in-unit laundry, and tandem garage parking.
Property Size5,636 SF
Price / SF$168.56
Days on Market10
Property Features for 611 Thunderbird Court
General Information
Standard status
Active
Size
5,636 SF
Total Parking Spaces
8
Property subtype
Residential Income
Units
Unit Mix
4 x 3BR/2BA
Multifamily Units
4
Parking per Unit
2
Additional Details
Highway Access
Yes
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$8,270
Amenities
in-unit laundry
private deck
Building Details
Building Size
5,636 SF
Year Built
1968
Stories
2
Units
4
Listing Agency:
TdD Premier Real Estate
(314) 276-1318
Listed By:
Aleksandra Skorubskiy
(314) 307-0544
Source:
Finehomesbydawn
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 29 at 8:20PM
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 TdD Premier Real Estate
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Investment Insights
Based on property information with market context.
This four-unit residential property contains 5,636 square feet, with each residence measuring approximately 1,400 square feet. Units have three bedrooms, two bathrooms, in-unit laundry, a private deck, and a two-car tandem garage. Finishes include hardwood flooring, carpet, and updated features. Three units have recently been updated following tenant turnover; the fourth remains in its existing condition.
The property is in the Parkway Central School District, near shopping, dining, parks, coffee shops, and major highways. Its four spacious residences and individual garage parking serve as the central physical features of the offering.
The property is in the Parkway Central School District, near shopping, dining, parks, coffee shops, and major highways. Its four spacious residences and individual garage parking serve as the central physical features of the offering.
Key Highlights
- Four residential units, approximately 1,400 SF each
- Each unit has 3 bedrooms and 2 bathrooms
- In‑unit laundry and private deck in each residence
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,269
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,205,380
$1.2M
Cap Rate 7%
$860,986
$861.0K
Cap Rate 9%
$669,656
$669.7K
Market Conditions
NOI Build-Up for 5,636 SF
Gross rent
$91.3K $16.20/SF
− Vacancy
−$5.2K −$0.92/SF
EGI
$86.1K $15.28/SF
− OpEx
−$25.8K −$4.58/SF
NOI
$60.3K $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%
$1,205,380
Cap Rate 7%
$860,986
Cap Rate 9%
$669,656
Alternative Uses
Best Use
Multifamily LT 5
$861.0K
$753.4K – $1.00M
NOI $60,269 @ 7.0% cap · market cap 6.34%
Second Best
Apartment 5plus
$749.3K
$655.6K – $874.2K
NOI $52,449 @ 7.0% cap · market cap 5.52%
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,671 @ 7.0% cap · market cap 8.91%
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
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
459
Businesses Nearby
Explore this area
Business Placement
Demographics for 63017, MO
42,773
Population
18,726
Households
2.3
Avg Household Size
49
Median Age
70%
College-Educated
97%
High-School Grad
19.3 sq mi
ZIP Area
2,216
Density / Sq Mi
$128,750
Median Household Income
$77,813
Median Earnings
$1,632
Median Rent
$452,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Each residence has private outdoor space, in-unit laundry, and tandem garage parking.
Where is this quadplex located?
The property is located at 611 Thunderbird Court Chesterfield, MO.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Four residential units, approximately 1,400 SF each; Each unit has 3 bedrooms and 2 bathrooms; In‑unit laundry and private deck in each residence
