Duplex
For Sale
$274,900
1209-1211 PLAYER PL, Columbia, MO 65202
Two-unit residential property totaling 2,650 square feet, constructed in 1970.
Property Size2,650 SF
Price / SF$103.74
Days on Market29
Property Features for 1209-1211 PLAYER PL
General Information
Standard status
Active
Size
2,650 SF
Property subtype
Multi-Family
Building Details
Year Built
1970
Tenancy
Multi
Listing Agency:
Remax Boone Realty
(573) 510-2050
Listed By:
Russell Boyt Real Estate Group
(573) 510-2050
Source:
Livelovemissouri
Added: Aug 2
Changed: Aug 28
Last Checked: Aug 29 at 9:03AM
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 Remax Boone Realty
Investment Insights
Based on property information with market context.
This duplex property contains 2,650 square feet and was constructed in 1970. The two-unit configuration provides a defined multifamily format for residential income use.
The property is located at 1209-1211 Player Place in Columbia, Missouri, within ZIP code 65202.
The property is located at 1209-1211 Player Place in Columbia, Missouri, within ZIP code 65202.
Key Highlights
- Duplex configuration with two residential units
- 2,650 square feet of total property size
- Constructed in 1970
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$21,854
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.95%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$437,080
$437.1K
Cap Rate 7%
$312,200
$312.2K
Cap Rate 9%
$242,822
$242.8K
Market Conditions
NOI Build-Up for 2,650 SF
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.
Gross rent
$33.4K $12.60/SF
− Vacancy
−$2.2K −$0.82/SF
EGI
$31.2K $11.78/SF
− OpEx
−$9.4K −$3.53/SF
NOI
$21.9K $8.25/SF
Area
Columbia, MO
Vacancy
6.50%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$437,080
Cap Rate 7%
$312,200
Cap Rate 9%
$242,822
Alternative Uses
Best Use
Multifamily LT 5
$312.2K
$273.2K – $364.2K
NOI $21,854 @ 7.0% cap · market cap 7.95%
Second Best
Apartment 5plus
$292.8K
$256.2K – $341.6K
NOI $20,495 @ 7.0% cap · market cap 7.46%
Theoretical Best
Warehouse
$410.9K
$359.5K – $479.3K
NOI $28,760 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
115
Businesses Nearby
Explore this area
Business Placement
Demographics for 65202, MO
48,239
Population
20,342
Households
2.4
Avg Household Size
35
Median Age
40%
College-Educated
93%
High-School Grad
141.3 sq mi
ZIP Area
341
Density / Sq Mi
$69,740
Median Household Income
$42,020
Median Earnings
$1,091
Median Rent
$202,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property totaling 2,650 square feet, constructed in 1970.
Where is this duplex located?
The property is located at 1209-1211 PLAYER PL Columbia, MO.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Duplex configuration with two residential units; 2,650 square feet of total property size; Constructed in 1970
