Two-Unit Duplex Income
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
(314) 963-9494
Listed by
David Talley · License #2013005939
(314) 647-0001
Added: Jul 17 Updated: Jul 22 at 2:49PM Checked: Jul 22 at 11:06PM
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.
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
NOI $13,902 @ 7.0% cap · market cap 7.36%
Second Best
Apartment 5plus
$172.8K
$151.2K – $201.6K
NOI $12,098 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$279.0K
$244.1K – $325.5K
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
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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
