All-Brick Four-Unit
For Sale
$450,000
6739 Highland House Court, Saint Louis, MO 63123
Fully occupied four-unit property with two-bedroom layouts, central HVAC, basement storage, and rear off-street parking.
Property Size3,328 SF
Days on Market31
Property Features for 6739 Highland House Court
General Information
Standard status
Active
Size
3,328 SF
Property subtype
2-4 Units
Occupancy
100%
Units
Unit Mix
4 x 2BR/1BA
Multifamily Units
4
Taxes and HOA fees
Annual Taxes
$5,125
Amenities
basement storage
off-street parking
Building Details
Building Size
3,328 SF
Year Built
1965
Buildings
1
Construction
all-brick
Listing Agency:
Epique Realty
Listed By:
Todd Murray · License #2020041827
(314) 409-3320
Source:
Aimeesimpson
Added: Sep 15
Changed: Oct 11
Last Checked: Oct 13 at 12:49AM
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 Epique Realty
Investment Insights
Based on property information with market context.
Built in 1965, this all-brick quadplex contains four residential units, each arranged with two bedrooms, one bathroom, a living room, dining area, and kitchen. Central HVAC serves every unit, while basement storage and rear off-street parking add practical resident amenities. Select bathroom improvements and newer carpeting contribute to the property’s current condition.
All four units are occupied, providing an existing income-producing configuration at 6739 Highland House Court in Unincorporated, Missouri. Showings are available with an accepted contract.
All four units are occupied, providing an existing income-producing configuration at 6739 Highland House Court in Unincorporated, Missouri. Showings are available with an accepted contract.
Key Highlights
- Four‑unit all‑brick residential building constructed in 1965
- Each unit includes 2 bedrooms, 1 bathroom, living room, dining area, and kitchen
- Central HVAC installed in every unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,588
Cap Rate
7.91%
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 7.91%
Second Best
Apartment 5plus
$442.4K
$387.1K – $516.2K
NOI $30,970 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$714.2K
$625.0K – $833.3K
NOI $49,997 @ 7.0% cap · market cap 11.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
407
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
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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 - Fully occupied four-unit property with two-bedroom layouts, central HVAC, basement storage, and rear off-street parking.
Where is this quadplex located?
The property is located at 6739 Highland House Court Saint Louis, MO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four‑unit all‑brick residential building constructed in 1965; Each unit includes 2 bedrooms, 1 bathroom, living room, dining area, and kitchen; Central HVAC installed in every unit
