Duplex with Private
New
For Sale
$430,000
1248 Moorlands Dr, Saint Louis, MO 63117
Two separate residences offer matching two-bedroom, one-bath layouts and shared basement storage.
Property Size2,270 SF
Price / SF$189.43
Days on Market3
Property Features for 1248 Moorlands Dr
General Information
Standard status
Active
Size
2,270 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Amenities
sunroom
common basement
concrete porch
yard
on-site laundry
Building Details
Year Built
1927
Buildings
1
Construction
brick and stone
Listing Agency:
RE/MAX Results
Listed By:
DRG - Delhougne Realty Group
(636) 238-3830
Source:
Drgstl
Added: Oct 7
Last Checked: Oct 7 at 11:33AM
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
Investment Insights
Based on property information with market context.
This 2,270-square-foot duplex contains two units, each arranged with two bedrooms and one bathroom. Both include a living room, separate dining room, kitchen, and a sunroom accessible from the bedrooms. Range, dishwasher, and refrigerator are provided in each unit; one also has a microwave. A shared basement accommodates laundry equipment and storage. The exterior combines brick and stone, with updated windows and a roof installed in 2020.
Outdoor and parking features include a concrete front porch, rear yard, front parking pad, and a driveway extending along the side toward the back of the lot. The property is a short drive from restaurants, parks, and shopping, with access to Clayton Road and Highway 64.
Outdoor and parking features include a concrete front porch, rear yard, front parking pad, and a driveway extending along the side toward the back of the lot. The property is a short drive from restaurants, parks, and shopping, with access to Clayton Road and Highway 64.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 2,270 square feet across the duplex
- Both residences have a sunroom accessible from the bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,275
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,500
$485.5K
Cap Rate 7%
$346,786
$346.8K
Cap Rate 9%
$269,722
$269.7K
Market Conditions
NOI Build-Up for 2,270 SF
Gross rent
$36.8K $16.20/SF
− Vacancy
−$2.1K −$0.92/SF
EGI
$34.7K $15.28/SF
− OpEx
−$10.4K −$4.58/SF
NOI
$24.3K $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%
$485,500
Cap Rate 7%
$346,786
Cap Rate 9%
$269,722
Alternative Uses
Best Use
Multifamily LT 5
$346.8K
$303.4K – $404.6K
NOI $24,275 @ 7.0% cap · market cap 5.65%
Second Best
Apartment 5plus
$301.8K
$264.1K – $352.1K
NOI $21,125 @ 7.0% cap · market cap 4.91%
Theoretical Best
Office A
$487.2K
$426.3K – $568.4K
NOI $34,103 @ 7.0% cap · market cap 7.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,044
Businesses Nearby
Explore this area
Business Placement
Demographics for 63117, MO
9,660
Population
4,917
Households
2
Avg Household Size
37
Median Age
74%
College-Educated
99%
High-School Grad
2.4 sq mi
ZIP Area
4,025
Density / Sq Mi
$86,667
Median Household Income
$59,872
Median Earnings
$1,216
Median Rent
$330,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences offer matching two-bedroom, one-bath layouts and shared basement storage.
Where is this duplex located?
The property is located at 1248 Moorlands Dr Saint Louis, MO.
What is the asking price?
The asking price for this property is $430,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 2,270 square feet across the duplex; Both residences have a sunroom accessible from the bedrooms
