Four-Unit Residential Income
7408 Burcke Drive Hazelwood, MO 63042
New
7408 Burcke Drive, Hazelwood, MO, 63042
$375,000
Pending
For Sale
$375,000
Pending
MULTI_FAMILY - Hazelwood, MO
Property Size3,520 SF
Lot Size0.25 Acres
Days on Market4
Property Features for 7408 Burcke Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Pending
- APN
- 08K-11-0293
- Size
- 3,520 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 4660
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 1962
- Building materials
- Brick
Listing agency
Realty Executives Premiere
(636) 271-5555
Listed by
Dustin Walsh · License #2012006933
(636) 677-6800
Added: Jul 19 Updated: Jul 22 at 2:32AM Checked: Jul 22 at 5:06AM
MLS# 26035931
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 four-unit residential income property offers an open-concept layout in each unit, including a living room, dining area, two bedrooms, and one full bath. Flooring includes a mix of hardwood, wood laminate, carpet, and tile, along with in-unit laundry hookups and private storage spaces for added convenience. Each unit has one reserved parking space, and the parking lot is shared with neighboring buildings.
The property has multiple recent capital improvements, including a newer roof, newer condenser units, and three recently replaced furnaces. Electric panels are Federal Pacific.
With four fully occupied units and an updated, low-maintenance setup, the property is positioned for continued rental income.
The property has multiple recent capital improvements, including a newer roof, newer condenser units, and three recently replaced furnaces. Electric panels are Federal Pacific.
With four fully occupied units and an updated, low-maintenance setup, the property is positioned for continued rental income.
Key Highlights
- Brick four‑unit property built in 1962 with public water service
- All four units fully occupied; each unit has 2 bedrooms and 1 full bath
- Open‑concept layout per unit with living room and dining area
Local Financial Insights For Apartment 5plus
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 | $63.4k | $18.00 |
| − Vacancy | −$3.8k | −$1.08 |
| EGI | $59.6k | $16.92 |
| − OpEx | −$26.8k | −$7.61 |
| NOI | $32.8k | $9.31 |
3,520 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$537.7K
$470.5K – $627.4K
NOI $37,642 @ 7.0% cap · market cap 10.04%
Second Best
Apartment 5plus
$468.0K
$409.5K – $546.0K
NOI $32,757 @ 7.0% cap · market cap 8.74%
Theoretical Best
Office A
$755.5K
$661.0K – $881.4K
NOI $52,882 @ 7.0% cap · market cap 14.10%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment
Apartment Building
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Turnkey four-unit property with in-unit laundry hookups and one reserved parking space per unit.
Where is this quadplex located?
The property is located at 7408 Burcke Drive Hazelwood, MO.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Brick four‑unit property built in 1962 with public water service; All four units fully occupied; each unit has 2 bedrooms and 1 full bath; Open‑concept layout per unit with living room and dining area
