4-Unit Brick Apartment
New
For Sale
$365,000
6142 Morganford Road, Saint Louis, MO 63116
Residential Income, St Louis, MO
Property Size2,552 SF
Lot Size0.10 Acres
Price / SF$143.03
Days on Market4
Property Features for 6142 Morganford Road
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 4, Basement, Bathroom 3, Bathroom 1, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 3
Parking features
Off Street
Basement
Sump Pump
Appliances
Dishwasher, Gas Range, Refrigerator, Gas Water Heater
Subdivision
Carondelet Parkview Add
Elementary school
Woerner 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
Directions
Morganford to Rosa
Standard status
Active
APN
6057-00-0070-0
Size
2,552 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
3560
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
washer/dryer hookups
Building Details
Year built
1942
Floors in Building
2
Number of units
4
Flooring type
Wood, Vinyl
Building materials
Brick
Architectural style
Other
Listing Agency:
RE/MAX Results · RE/MAX International
(314) 329-9010
Listed By:
Lisa Sofia · License #2005015731
(314) 221-1484
Added: Oct 6
Changed: Oct 7
Last Checked: Oct 9 at 9:06PM
MLS# 26063048
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 2,552-square-foot brick quadplex, built in 1942, contains four apartments, each configured with one bedroom and one bathroom. Central air conditioning and forced-air heat serve the units. Washer and dryer connections are located in the lower level, and a rear parking pad accommodates four vehicles. The property occupies a 0.1013-acre lot on Morganford Road in St. Louis.
Three apartments are leased, while the fourth is vacant. Carondelet Park is nearby. The building also includes off-street parking and lower-level laundry hookups, with the four-unit layout providing a consistent residential configuration throughout.
Three apartments are leased, while the fourth is vacant. Carondelet Park is nearby. The building also includes off-street parking and lower-level laundry hookups, with the four-unit layout providing a consistent residential configuration throughout.
Key Highlights
- Four one‑bedroom, one‑bathroom apartments
- 2,552‑square‑foot brick building constructed in 1942
- Three units leased; one unit vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,290
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$545,800
$545.8K
Cap Rate 7%
$389,857
$389.9K
Cap Rate 9%
$303,222
$303.2K
Market Conditions
NOI Build-Up for 2,552 SF
Gross rent
$41.3K $16.20/SF
− Vacancy
−$2.4K −$0.92/SF
EGI
$39.0K $15.28/SF
− OpEx
−$11.7K −$4.58/SF
NOI
$27.3K $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%
$545,800
Cap Rate 7%
$389,857
Cap Rate 9%
$303,222
Alternative Uses
Best Use
Multifamily LT 5
$389.9K
$341.1K – $454.8K
NOI $27,290 @ 7.0% cap · market cap 7.48%
Second Best
Apartment 5plus
$339.3K
$296.9K – $395.8K
NOI $23,749 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$547.7K
$479.2K – $639.0K
NOI $38,339 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
75%
Occupancy
Location Intelligence
Trade Area within ½ mile
450
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - All four residences have one bedroom and one bathroom, with central air conditioning and forced-air heat.
Where is this quadplex located?
The property is located at 6142 Morganford Road Saint Louis, MO.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bathroom apartments; 2,552‑square‑foot brick building constructed in 1942; Three units leased; one unit vacant
