Duplex with Private
For Sale
$409,500
1308 S Calabria Avenue, Republic, MO 65738
Both residences have open living and kitchen areas, three-bedroom layouts, and separate entrances on different streets.
Property Size2,702 SF
Price / SF$151.55
Days on Market29
Property Features for 1308 S Calabria Avenue
General Information
Standard status
Active
Size
2,702 SF
Total Parking Spaces
4
Property subtype
Residential Income
Zoning
INC
Occupancy
100%
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Parking per Unit
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$1,763
Amenities
Pool
Apply To All Units
Washer/Dryer Hookup
Utility Room
Balcony
Building Details
Building Size
2,702 SF
Year Built
2018
Units
2
Listing Agency:
Keller Williams Local
(417) 883-4900
Listed By:
Lindy Cronkhite
(417) 631-3299
Source:
Grassmuckrealty
Added: Oct 1
Changed: Oct 26
Last Checked: Oct 26 at 2:45PM
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 Keller Williams Local
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Investment Insights
Based on property information with market context.
Built in 2018, this duplex contains 2,702 square feet across two residences. Each unit has an open living and kitchen area, a three-bedroom, two-bathroom layout, and a private two-car garage. The property is fully occupied, and the units have separate entrances accessed from different streets.
The duplex is in Republic’s Monte Cristo neighborhood and is within the Republic R-III School District. Community HOA amenities include a pool. The property is zoned INC.
The duplex is in Republic’s Monte Cristo neighborhood and is within the Republic R-III School District. Community HOA amenities include a pool. The property is zoned INC.
Key Highlights
- 2,702 square feet; built in 2018
- Two units, each with a 3BR/2BA layout
- Private two‑car garage for each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,640
Cap Rate
5.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,800
$452.8K
Cap Rate 7%
$323,429
$323.4K
Cap Rate 9%
$251,556
$251.6K
Market Conditions
NOI Build-Up for 2,702 SF
Gross rent
$34.0K $12.60/SF
− Vacancy
−$1.7K −$0.63/SF
EGI
$32.3K $11.97/SF
− OpEx
−$9.7K −$3.59/SF
NOI
$22.6K $8.38/SF
Area
Greene County, MO
Vacancy
5.00%
Lease Rate
$12.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$452,800
Cap Rate 7%
$323,429
Cap Rate 9%
$251,556
Alternative Uses
Best Use
Multifamily LT 5
$323.4K
$283.0K – $377.3K
NOI $22,640 @ 7.0% cap · market cap 5.53%
Second Best
Apartment 5plus
$300.8K
$263.2K – $351.0K
NOI $21,057 @ 7.0% cap · market cap 5.14%
Theoretical Best
Office A
$886.6K
$775.8K – $1.03M
NOI $62,060 @ 7.0% cap · market cap 15.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
64
Businesses Nearby
Explore this area
Business Placement
Demographics for 65738, MO
20,995
Population
8,878
Households
2.4
Avg Household Size
35
Median Age
28%
College-Educated
95%
High-School Grad
53.9 sq mi
ZIP Area
390
Density / Sq Mi
$67,848
Median Household Income
$45,220
Median Earnings
$1,069
Median Rent
$195,400
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
Frequently Asked Questions
What type of property is this?
Duplex - Both residences have open living and kitchen areas, three-bedroom layouts, and separate entrances on different streets.
Where is this duplex located?
The property is located at 1308 S Calabria Avenue Republic, MO.
What is the asking price?
The asking price for this property is $409,500.
What are key features of this property?
This property features: 2,702 square feet; built in 2018; Two units, each with a 3BR/2BA layout; Private two‑car garage for each unit
