6242 North Drive St, Louis, MO 63130
2-4 Units, Apartment Style - St Louis, MO
- Added:
- Jun 11, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 15 at 8:06 pm
Property Features for 6242 North Drive St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Garage, Off Street, On Street
- Basement Y/N
- 1
- Appliances
- Dishwasher, Microwave, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 18H-44-3112
- Size
- 3,852 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 6552
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1926
- Number of units
- 4
- Building materials
- Brick
- Architectural style
- Other
Listing agent Kraemer & Kraemer License #2017000519 (314) 496-2529
Listing office Keller Williams Realty St. Louis 1717 Hidden Creek Court, Kirkwood, MO (314) 677-6000
Listing date Jun 11, 2026
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.
HighLights
- Turn‑key 4‑family property in a highly desirable University City investor neighborhood.
- Exceptional walkability and close proximity to Washington University.
- Each unit features 2 bedrooms, 1 bath, and fully updated kitchens with stainless steel appliances.
- Minutes from the Delmar Loop's restaurants, shopping, entertainment, and public transportation.
- Original hardwood flooring, large windows, and abundant natural light throughout.
- Basement includes individual washer/dryer setups and dedicated storage spaces for each unit.
Overview
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 | $62.4k | $16.20 |
| − Vacancy | −$3.6k | −$0.92 |
| EGI | $58.8k | $15.28 |
| − OpEx | −$17.7k | −$4.58 |
| NOI | $41.2k | $10.69 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.300585
- Latitude
- 38.660352
