Renovated Two-Unit
0000 Granada Dr, Warrenton, MO 63383
For Sale
New
$240,000
Both residences are occupied, with updates completed across 2023 and 2024.
Property Size1,456 SF
Price / SF$164.84
Days on Market2
Property Features for 0000 Granada Dr
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Tenant in Place
Building Details
Year Built
Year Renovated
Buildings
Listing Agency:
RE/MAX Results
Listed By:
Strait Realty
(314) 441-4444
Source:
Straitrealty
Added: Nov 8
Last Checked: Nov 8 at 3:50AM
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 RE/MAX Results
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex comprises one building with two units and 1,456 square feet. The residences were renovated in 2023 and 2024 and are tenant occupied. The building was constructed in 1976.
The property is on Granada Estates Lot Q, south of downtown Warrenton, Missouri. Showings are available only after an accepted contract; tenants should not be disturbed.
The property is on Granada Estates Lot Q, south of downtown Warrenton, Missouri. Showings are available only after an accepted contract; tenants should not be disturbed.
Key Highlights
- Two‑unit building totaling 1,456 square feet
- Renovations completed in 2023/2024
- Tenant occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,649
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$312,980
$313.0K
Cap Rate 7%
$223,557
$223.6K
Cap Rate 9%
$173,878
$173.9K
Market Conditions
NOI Build-Up for 1,456 SF
Gross rent
$23.6K $16.20/SF
− Vacancy
−$1.2K −$0.85/SF
EGI
$22.4K $15.35/SF
− OpEx
−$6.7K −$4.61/SF
NOI
$15.6K $10.75/SF
Area
Warren County, MO
Vacancy
5.22%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$312,980
Cap Rate 7%
$223,557
Cap Rate 9%
$173,878
Alternative Uses
Best Use
Multifamily LT 5
$223.6K
$195.6K – $260.8K
NOI $15,649 @ 7.0% cap · market cap 6.52%
Second Best
Apartment 5plus
$194.6K
$170.3K – $227.0K
NOI $13,622 @ 7.0% cap · market cap 5.68%
Theoretical Best
Office A
$360.1K
$315.1K – $420.1K
NOI $25,205 @ 7.0% cap · market cap 10.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
354
Businesses Nearby
Explore this area
Business Placement
Demographics for 63383, MO
15,340
Population
6,523
Households
2.4
Avg Household Size
41
Median Age
17%
College-Educated
90%
High-School Grad
160.1 sq mi
ZIP Area
96
Density / Sq Mi
$75,833
Median Household Income
$39,152
Median Earnings
$1,021
Median Rent
$227,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are occupied, with updates completed across 2023 and 2024.
Where is this duplex located?
The property is located at 0000 Granada Dr Warrenton, MO.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Two‑unit building totaling 1,456 square feet; Renovations completed in 2023/2024; Tenant occupied
