Brick 4-Unit Apartment
6737 Colony Acres Drive, Affton, MO 63123
For Sale
$455,000
Three residences feature remodeled kitchens and baths, newer appliances, and replacement windows.
Property Size3,328 SF
Price / SF$136.72
Days on Market40
Property Features for 6737 Colony Acres Drive
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
washer/dryer hookups
individual storage lockers
Building Details
Building Size
Year Built
Buildings
Units
Construction
Listing Agency:
Berkshire Hathaway HomeServices Advantage
(314) 962-1100
Listed By:
David Voges
(314) 973-0719
Source:
Calltammy
Added: Oct 1
Changed: Nov 7
Last Checked: Nov 8 at 2:21PM
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 Berkshire Hathaway HomeServices Advantage
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Investment Insights
Based on property information with market context.
This 3,328-square-foot, all-brick multifamily property was built in 1965 and contains four two-bedroom, one-bathroom apartments. Three units have updated kitchens, newer appliances, renovated bathrooms, and newer windows. Building improvements include electrical service and panels installed in 2025, a roof that is nine years old, and a recently refreshed common entry and stairwell with new carpet.
The basement has washer and dryer connections and separate storage lockers for each apartment. Two units have newer furnaces and water heaters. One apartment is available for showing.
The basement has washer and dryer connections and separate storage lockers for each apartment. Two units have newer furnaces and water heaters. One apartment is available for showing.
Key Highlights
- Four apartments, each with 2 bedrooms and 1 bathroom
- 3,328‑square‑foot all‑brick building constructed in 1965
- Three units have renovated kitchens and bathrooms, newer appliances, and newer windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,588
Cap Rate
7.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,760
$711.8K
Cap Rate 7%
$508,400
$508.4K
Cap Rate 9%
$395,422
$395.4K
Market Conditions
NOI Build-Up for 3,328 SF
Gross rent
$53.9K $16.20/SF
− Vacancy
−$3.1K −$0.92/SF
EGI
$50.8K $15.28/SF
− OpEx
−$15.3K −$4.58/SF
NOI
$35.6K $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%
$711,760
Cap Rate 7%
$508,400
Cap Rate 9%
$395,422
Alternative Uses
Best Use
Multifamily LT 5
$508.4K
$444.9K – $593.1K
NOI $35,588 @ 7.0% cap · market cap 7.82%
Second Best
Apartment 5plus
$442.4K
$387.1K – $516.2K
NOI $30,970 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$714.2K
$625.0K – $833.3K
NOI $49,997 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
509
Businesses Nearby
Explore this area
Business Placement
Demographics for 63123, MO
50,989
Population
23,208
Households
2.2
Avg Household Size
41
Median Age
36%
College-Educated
92%
High-School Grad
12.5 sq mi
ZIP Area
4,079
Density / Sq Mi
$74,187
Median Household Income
$43,458
Median Earnings
$987
Median Rent
$205,300
Median Home Value
Market
Average Price Trend$/SF for Quadplexes in St. Louis County, MO
Properties on Market for Quadplexes in St. Louis County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Quadplex - Three residences feature remodeled kitchens and baths, newer appliances, and replacement windows.
Where is this quadplex located?
The property is located at 6737 Colony Acres Drive Affton, MO.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; 3,328‑square‑foot all‑brick building constructed in 1965; Three units have renovated kitchens and bathrooms, newer appliances, and newer windows
