Turn-Key Fourplex
6242 North Drive St Louis, MO 63130
6242 North Drive St, Louis, MO, 63130
$589,000
Pending
For Sale
$589,000
Pending
MULTI_FAMILY - Other - St Louis, MO
Property Size3,852 SF
Lot Size0.12 Acres
Days on Market11
Property Features for 6242 North Drive St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bedroom 1, Basement, Bathroom 1, Bedroom 2
- Parking features
- On Street, Off Street
- Basement
- Storage Space, Unfinished
- Appliances
- Stainless Steel Appliance(s), Dishwasher, Microwave, Built-In Electric Range, Refrigerator
- Standard status
- Pending
- 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
- Water source
- Public
Building Details
- Year built
- 1926
- Number of units
- 4
- Building materials
- Brick
- Architectural style
- Other
Listing agency
Keller Williams Realty St. Louis
(314) 677-6000
Listed by
Kraemer & Kraemer · License #2017000519
(314) 677-6000
Added: Jul 13 Updated: Jul 22 at 2:49PM Checked: Jul 23 at 12:06AM
MLS# 26025113
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 turn-key fourplex includes four residential units, each featuring two bedrooms and one full bath. The units are described as having fully updated kitchens with stainless appliances, original hardwood flooring, and large windows for natural light. Basement space is provided with individual washer/dryer setups for each unit and dedicated storage areas.
The property is located at 6242 North Drive in St. Louis, Missouri (63130), within University City. The listing describes it as positioned for tenant convenience, with close proximity to Washington University, Delmar Loop, and public transportation.
The building is offered for sale as a multi-family residential income property, with an aggregate size of 3,852 square feet on a 0.12-acre lot, according to the provided information.
The property is located at 6242 North Drive in St. Louis, Missouri (63130), within University City. The listing describes it as positioned for tenant convenience, with close proximity to Washington University, Delmar Loop, and public transportation.
The building is offered for sale as a multi-family residential income property, with an aggregate size of 3,852 square feet on a 0.12-acre lot, according to the provided information.
Key Highlights
- Turn‑of‑the‑century brick 4‑family built in 1926
- Each unit features 2 bedrooms and 1 full bath
- Kitchens include stainless steel appliances, dishwasher, microwave, built‑in electric range, and refrigerator
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 |
3,852 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$588.5K
$514.9K – $686.5K
NOI $41,192 @ 7.0% cap · market cap 6.99%
Second Best
Apartment 5plus
$512.1K
$448.1K – $597.5K
NOI $35,847 @ 7.0% cap · market cap 6.09%
Theoretical Best
Office A
$826.7K
$723.4K – $964.5K
NOI $57,869 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Four residential units each offer two bedrooms and one full bath, with in-unit washer/dryer setups in the basement.
Where is this quadplex located?
The property is located at 6242 North Drive St Louis, MO.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Turn‑of‑the‑century brick 4‑family built in 1926; Each unit features 2 bedrooms and 1 full bath; Kitchens include stainless steel appliances, dishwasher, microwave, built‑in electric range, and refrigerator
