Brick Duplex with Private
1039-1041 Midland Boulevard, University City, MO 63130
For Sale
$350,000
Residential Income, University City, MO
Property Size2,041 SF
Lot Size0.17 Acres
Price / SF$171.48
Days on Market99
Property Features for 1039-1041 Midland Boulevard
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Fireplace
Basement
Appliances
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Cooling system
Water source
Amenities
wood-burning fireplace
private fenced backyard
oversized two-car garage
private full basement
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
RE/MAX Results · RE/MAX International
(314) 584-4400
Listed By:
Mary Krummenacher · License MO #2002013461
(314) 496-8286
Added: Aug 4
Changed: Oct 23
Last Checked: Nov 10 at 11:06PM
MLS# 26048021
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.
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Investment Insights
Based on property information with market context.
This 1939 brick duplex contains 2,041 square feet across two two-story residences. Each unit includes a main-level living room with a wood-burning fireplace, a formal dining room, upstairs bedrooms and an updated bathroom, plus a private full basement. Hardwood flooring, newer windows, forced-air heating, central air, natural gas, and a gas water heater serve the property. Parking includes off-street, assigned, and driveway options. The north residence is vacant and has a fenced backyard, while the occupied south residence includes an oversized two-car garage.
The property is positioned directly across from Heman Park in University City. Centennial Commons, Heman Park Pool, and summer concerts are within walking distance, with Washington University, downtown Clayton, Forest Park, and the Delmar Loop minutes away. Costco, Dierbergs Markets, Target, shopping, and dining are also nearby. The property is not located in a flood zone.
The property is positioned directly across from Heman Park in University City. Centennial Commons, Heman Park Pool, and summer concerts are within walking distance, with Washington University, downtown Clayton, Forest Park, and the Delmar Loop minutes away. Costco, Dierbergs Markets, Target, shopping, and dining are also nearby. The property is not located in a flood zone.
Key Highlights
- Two‑family duplex with 2,041 square feet and two‑story layouts
- Each residence includes a private full basement, wood‑burning fireplace, and formal dining room
- North unit is vacant and includes a private fenced backyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,826
Cap Rate
6.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,520
$436.5K
Cap Rate 7%
$311,800
$311.8K
Cap Rate 9%
$242,511
$242.5K
Market Conditions
NOI Build-Up for 2,041 SF
Gross rent
$33.1K $16.20/SF
− Vacancy
−$1.9K −$0.92/SF
EGI
$31.2K $15.28/SF
− OpEx
−$9.4K −$4.58/SF
NOI
$21.8K $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%
$436,520
Cap Rate 7%
$311,800
Cap Rate 9%
$242,511
Alternative Uses
Best Use
Multifamily LT 5
$311.8K
$272.8K – $363.8K
NOI $21,826 @ 7.0% cap · market cap 6.24%
Second Best
Apartment 5plus
$271.3K
$237.4K – $316.6K
NOI $18,994 @ 7.0% cap · market cap 5.43%
Theoretical Best
Office A
$438.0K
$383.3K – $511.0K
NOI $30,662 @ 7.0% cap · market cap 8.76%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
514
Businesses Nearby
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Business Placement
Demographics for 63130, MO
29,454
Population
14,106
Households
2.1
Avg Household Size
35
Median Age
64%
College-Educated
97%
High-School Grad
5.0 sq mi
ZIP Area
5,891
Density / Sq Mi
$81,103
Median Household Income
$50,407
Median Earnings
$1,199
Median Rent
$285,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in St. Louis County, MO
Properties on Market for Duplexes in St. Louis County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two-story residences feature fireplaces, formal dining rooms, hardwood floors, and separate outdoor amenities.
Where is this duplex located?
The property is located at 1039-1041 Midland Boulevard University City, MO.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑family duplex with 2,041 square feet and two‑story layouts; Each residence includes a private full basement, wood‑burning fireplace, and formal dining room; North unit is vacant and includes a private fenced backyard
