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    The Largest CRE Database in the US with Over 1 Million Listings

    5503 Rhodes Ave St Louis, MO 63109

    Sponsored
    For Sale
    $315,000

    Traditional, 2-4 Units - St Louis, MO

    Property size:
    1,926 SF
    Lot size:
    0.07 Acres
    Days on Market:
    13
    Last Refresh:
    Feb 1 at 9:06 pm

    Property Features for 5503 Rhodes Ave St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    5833-00-0510-0
    Parking features
    Off Street
    Interior features
    Built-in Features, Ceiling Fan(s), Pantry, Separate Dining, Solid Surface Countertop(s), Storage
    Exterior features
    Level, Fencing, Balcony
    Fencing
    Fenced
    Appliances
    Range, Refrigerator
    Size
    1,926 SF
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1928
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Hardwood, Tile, Vinyl
    Building materials
    Brick
    Architectural style
    New Traditional

    We can help!

    Listing Contact
    Julie Thorngren

    EXP Realty, LLC (913) 908-8001

    Listing agent Julie Thorngren (866) 224-1761 License #2020001141

    Listing date Jan 20, 2026

    MLS# 26003548 Listing URL

    Copyright © 2026 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Updated Duplex in South City

    Located on a charming South City street, this meticulously maintained, all-brick duplex at 5503 Rhodes Avenue features two units, each offering 2 bedrooms, 1 bathroom, a living room, a separate dining room, a kitchen with a pantry, and a back deck. Both units have been recently updated and refreshed. The tenant-occupied 1st-floor unit features fresh paint, an updated kitchen and bathroom, new appliances, freshly refinished hardwood floors, and new light fixtures. The 1st-floor tenant is currently on a month-to-month lease and pays $1,235 per month. The 2nd-floor unit has also been recently updated with fresh neutral paint, refinished hardwood floors, new kitchen countertops and backsplash, a refreshed bathroom, and new light fixtures. The 2nd-floor is currently vacant. The property includes new windows throughout, a brand-new water heater, original stained glass windows, a PVC main stack, a spacious front porch, newer rear decks, and HVAC systems under 10 years old. It also features an off-street parking pad and a partially fenced, level backyard. The clean, unfinished walk-out basement provides ample storage space. Situated in the heart of South City, the property is close to dining, parks, shopping, and has easy highway access. The property is within walking distance of neighborhood favorites. The lot size is 0.0728 acres and the property size is 1926 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Map

    City
    Louis
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.288295
    Latitude
    38.578684

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    FAQs

    What type of property is this?
    Duplex - Meticulously maintained duplex with updated units in a prime location.
    Where is this duplex located?
    The property is located at 5503 Rhodes Ave St Louis, MO.
    What is the asking price?
    The asking price for this property is $315,000.
    What are key features of this property?
    This property features: - Updated duplex, perfect as an owner-occupied property or investment opportunity.; - First-floor unit is tenant-occupied, providing a reliable $1,235/month income.; - Second-floor unit is vacant and move-in ready after recent updates.
    (636) 375-1462
    Request Owner's contact information
    5503 Rhodes Ave St Louis, MO 63109
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    Louis, MO 63109
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5503 Rhodes Ave St Louis, MO 63109
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    We can help!
    Listing Contact
    Julie Thorngren
    Real Estate License ID: 2020001141
    (636) 375-1462
    Learn more
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