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Two-Unit Duplex Income Property

1311 Wachtel Avenue St Louis, MO 63125

New
1311 Wachtel Avenue St, Louis, MO, 63125
$189,000
For Sale
$189,000

MULTI_FAMILY - Ranch - St Louis, MO

Property Size1,300 SF
Lot Size0.12 Acres
Price / SF$145.38
Days on Market6

Property Features for 1311 Wachtel Avenue St

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Bedrooms
2
Bathrooms
3
Rooms
Bathroom 1, Bathroom 3, Basement, Bathroom 2, Bedroom 2, Bedroom 1
Fencing
Chain Link
Basement
Full, Concrete, Partially Finished
Standard status
Active
APN
27H-34-1957
Size
1,300 SF
Lot size
0.12 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
2661

Utilities

Heating system
Natural Gas
Cooling system
Central Air

Building Details

Year built
1935
Number of units
2
Flooring type
Carpet, Tile - Ceramic, Vinyl
Building materials
Brick
Roof type
Shingle, Asphalt
Architectural style
Ranch
Listing agency Coldwell Banker Premier Group
Listed by David Talley · License #2013005939
Added: Jul 17 Updated: Jul 22 at 2:49PM Checked: Jul 22 at 8:06PM
MLS# 26030857

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 offers two residential units with independent entry and basement access, along with a shared backyard. One side includes a bedroom and bath upstairs and a partially finished basement with an additional full bath. The other side provides one bedroom and one bath. The property is being sold in its current as-is condition, and the seller will make no repairs or inspections; inspections are for buyer information only.

A detached two-car garage and two street parking spaces are included. Unit 1313 has a new Lennox AC and furnace installed on 7/17/26.

The total building size is listed as 1,300 square feet, and the lot size is listed as 0.1212 acres.

Key Highlights

  • Duplex built in 1935 with two 1‑bedroom, 1‑bath units and separate entrances for each side
  • Each unit includes basement access and a partially finished basement with a full bath on the unit with upstairs bedroom and bath
  • 1313 has new Lennox AC and furnace installed 7/17/26; central air and natural gas heat throughout

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $21.1k $16.20
− Vacancy −$1.2k −$0.92
EGI $19.9k $15.28
− OpEx −$6.0k −$4.58
NOI $13.9k $10.69
1,300 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$198.6K
$173.8K – $231.7K (±1% cap)
NOI $13,902 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$172.8K
$151.2K – $201.6K (±1% cap)
NOI $12,098 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$279.0K
$244.1K – $325.5K (±1% cap)
NOI $19,530 @ 7.0% cap · market cap 10.33%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Duplex featuring two separate units, each with its own entrance and basement access, plus a shared backyard.
Where is this duplex located?
The property is located at 1311 Wachtel Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Duplex built in 1935 with two 1‑bedroom, 1‑bath units and separate entrances for each side; Each unit includes basement access and a partially finished basement with a full bath on the unit with upstairs bedroom and bath; 1313 has new Lennox AC and furnace installed 7/17/26; central air and natural gas heat throughout
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