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New Half Duplex with 3 Bedrooms

32 E 7th Street Adrian, MO 64720

32 E 7th Street, Adrian, MO, 64720
$219,900
For Sale
$219,900

DUPLEX - Adrian, MO

Property Size1,255 SF
Lot Size0.23 Acres
Price / SF$175.22
Days on Market162

Property Features for 32 E 7th Street

General Information

Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
Standard status
Active
APN
999999
Size
1,255 SF
Lot size
0.23 Acres

Taxes and HOA fees

Tax Description
The South 100 feet of Lot 255, ORIGINAL TOWN OF ADRIAN, Bates County, Missouri, according to the recorded plat thereof.

Utilities

Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Electric
Water source
Public

Building Details

Building materials
Vinyl Siding
Roof type
Composition
Listing Agency Keller Williams Southland
1006 West Foxwood Drive, Raymore, MO
Listed by Caitlyn Lacy · License #1910917
Added: Feb 9 Updated: Jul 18 at 2:23 am Checked: Jul 21 at 4:06 am
MLS# 2601146 Listing URL

Copyright © 2026 Heartland Multiple Listing Service. 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.

New half duplex offered as a 3-bedroom, 2-bath home designed for one-level living. The layout includes a kitchen with granite countertops and a convenient mudroom area just off the garage entrance for day-to-day drop-zone use. The primary suite features a large walk-in closet and a spacious bath with a double vanity that includes cabinet storage, along with an Onyx shower for easier maintenance. The home is noted as not started yet, allowing for a new-construction experience.

Located at 32 E 7th Street in Adrian, Missouri (Bates County), this property sits on a 0.2296-acre lot. At the time of listing, the provided details describe the intended interior features and finishes, with the construction currently not under way.

With a practical one-level arrangement, storage-focused design elements, and modern finishes called out throughout, this duplex may appeal to buyers seeking a newer configuration within a duplex format.

Key Highlights

  • New construction 3‑bedroom, 2‑bath half duplex with all living on one convenient level
  • Kitchen with granite countertops
  • Primary suite includes a large walk‑in closet and a spacious bath with double vanity and an Onyx shower

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 $21.8k $17.40
− Vacancy −$1.3k −$1.07
EGI $20.5k $16.33
− OpEx −$6.1k −$4.90
NOI $14.3k $11.43
1,255 SF · lease $17.40/SF/yr · vacancy 6.17% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$204.9K
$179.3K – $239.1K (±1% cap)
NOI $14,343 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$188.1K
$164.6K – $219.4K (±1% cap)
NOI $13,166 @ 7.0% cap · market cap 5.99%
Theoretical Best
Retail
$277.3K
$242.6K – $323.5K (±1% cap)
NOI $19,411 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Dental Office Electrical Service Plumbing Service Real Estate Agency Garden Center Storage Facility Pharmacy Kitchen & Bath Showroom Barber Shop Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - New 3-bedroom, 2-bath half duplex on one level, with a kitchen featuring granite countertops and an Onyx shower.
Where is this duplex located?
The property is located at 32 E 7th Street Adrian, MO.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: New construction 3‑bedroom, 2‑bath half duplex with all living on one convenient level; Kitchen with granite countertops; Primary suite includes a large walk‑in closet and a spacious bath with double vanity and an Onyx shower
Contact an agent
More about this property
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