Renovated Duplex with Gated
For Sale
$322,000
125 W Steins Street St, Louis, MO 63111
Residential Income, St Louis, MO
Property Size2,400 SF
Lot Size0.11 Acres
Price / SF$134.17
Days on Market54
Property Features for 125 W Steins Street St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bathroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Basement
Parking features
Off Street
Security features
Security
Window features
Screens, Blinds, Double Pane Windows
Patio and Porch features
Patio
Interior features
Ceiling Fan(s), Crown Molding, Custom Cabinetry, Double Vanity, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Historic Millwork, Open Floorplan, Pantry, Recessed Lighting, Shower, Smart Thermostat
Exterior features
Courtyard, No Step Entry, Private Entrance, Private Yard
Fencing
Privacy, Gate, Fenced
Basement
Storage Space, French Drain, Sump Pump, Unfinished, Interior Entry, Full
Appliances
Dishwasher, Disposal, Exhaust Fan, Ice Maker, Microwave, Electric Oven, Self Cleaning Oven, Electric Range, Refrigerator, Washer/Dryer, Water Heater, Electric Water Heater
Subdivision
Eilers Add
Lot features
City Lot, Corner Lot, Landscaped, Level, Near Park, Near Public Transit, Private
Elementary school
Woerner Elem.
Middle school
Lyon-Blow Middle
High school
Roosevelt High
Elementary school district
St. Louis City
Middle school district
St. Louis City
High school district
St. Louis City
Standard status
Active
APN
3083-00-0090-0
Size
2,400 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2703
Utilities
Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air, Multi Units, Ceiling Fan(s), Electric
Water source
Public
Amenities
in-unit washers and dryers
secured gated parking
Samsung appliances
Building Details
Year built
1890
Number of units
2
Flooring type
Hardwood, Granite, Vinyl, Tile - Ceramic
Building materials
Brick Veneer
Roof type
Flat
Architectural style
Other
Listing Agency:
EXP Realty, LLC
(866) 224-1761
Listed By:
Rebecca Fox · License #1999105740
(913) 908-8001
Added: Jul 22
Changed: Sep 12
Last Checked: Sep 13 at 11:06PM
MLS# 26027945
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.
Investment Insights
Based on property information with market context.
This duplex at 125 W Steins Street contains two renovated residences: one one-bedroom unit and one two-bedroom unit. The building was taken down to the studs during renovation and now includes Samsung appliances, in-unit washers and dryers, custom cabinetry, granite counters, high ceilings, and open floor plans. Private entrances, a patio, courtyard, fenced private yard, and gated off-street parking add practical functionality. Central air, forced-air heating, and separate cooling units support year-round comfort.
The property occupies a 0.1148-acre corner lot in St. Louis, Missouri, with 2,400 square feet of property area. Built in 1890, it combines brick veneer construction with hardwood, tile, vinyl, and granite finishes. Public water service is available, and the property includes parking for four or more vehicles.
The property occupies a 0.1148-acre corner lot in St. Louis, Missouri, with 2,400 square feet of property area. Built in 1890, it combines brick veneer construction with hardwood, tile, vinyl, and granite finishes. Public water service is available, and the property includes parking for four or more vehicles.
Key Highlights
- 2,400 SF duplex with one‑bedroom and two‑bedroom units
- Renovated after being gutted to the studs
- Samsung appliances and in‑unit washers and dryers in each unit
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
$25,665
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
7.97%
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%
$513,300
$513.3K
Cap Rate 7%
$366,643
$366.6K
Cap Rate 9%
$285,167
$285.2K
Market Conditions
NOI Build-Up for 2,400 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
$38.9K $16.20/SF
− Vacancy
−$2.2K −$0.92/SF
EGI
$36.7K $15.28/SF
− OpEx
−$11.0K −$4.58/SF
NOI
$25.7K $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 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%
$513,300
Cap Rate 7%
$366,643
Cap Rate 9%
$285,167
Alternative Uses
Best Use
Multifamily LT 5
$366.6K
$320.8K – $427.8K
NOI $25,665 @ 7.0% cap · market cap 7.97%
Second Best
Apartment 5plus
$319.1K
$279.2K – $372.2K
NOI $22,334 @ 7.0% cap · market cap 6.94%
Theoretical Best
Office A
$515.1K
$450.7K – $600.9K
NOI $36,056 @ 7.0% cap · market cap 11.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
410
Businesses Nearby
Explore this area
Business Placement
Demographics for 63111, MO
19,538
Population
10,541
Households
1.9
Avg Household Size
37
Median Age
19%
College-Educated
86%
High-School Grad
3.2 sq mi
ZIP Area
6,106
Density / Sq Mi
$43,295
Median Household Income
$33,114
Median Earnings
$846
Median Rent
$115,500
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 - Updated interiors, private entrances, and off-street parking support flexible two-unit living.
Where is this duplex located?
The property is located at 125 W Steins Street St Louis, MO.
What is the asking price?
The asking price for this property is $322,000.
What are key features of this property?
This property features: 2,400 SF duplex with one‑bedroom and two‑bedroom units; Renovated after being gutted to the studs; Samsung appliances and in‑unit washers and dryers in each unit
