Duplex with Separate Walk-Out
1514 Yale Avenue, Richmond Heights, MO 63117
For Sale
$364,900
Each residence has two bedrooms, one bath, and its own basement.
Property Size1,790 SF
Price / SF$203.85
Days on Market42
Property Features for 1514 Yale Avenue
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
off-street parking
laundry
Building Details
Building Size
Year Built
Buildings
Stories
Units
Listing Agency:
RE/MAX Results
(314) 951-1900
Listed By:
Jim Brooks · License #2005014935
(314) 603-8755
Source:
Cityscapesrealty
Added: Sep 27
Changed: Nov 7
Last Checked: Nov 7 at 12:28PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,790-square-foot duplex, built in 1957, contains two residences with two bedrooms and one bath apiece. Both units have hardwood flooring, updated kitchens and bathrooms, granite counters, stainless steel appliances, and separate full walk-out basements with laundry and storage space. Off-street parking serves the property.
The property is located at 1514 Yale Avenue in Richmond Heights, Missouri.
The property is located at 1514 Yale Avenue in Richmond Heights, Missouri.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bath
- 1,790 square feet; built in 1957
- Separate full walk‑out basement for each unit, with laundry and storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,142
Cap Rate
5.25%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$382,840
$382.8K
Cap Rate 7%
$273,457
$273.5K
Cap Rate 9%
$212,689
$212.7K
Market Conditions
NOI Build-Up for 1,790 SF
Gross rent
$29.0K $16.20/SF
− Vacancy
−$1.7K −$0.92/SF
EGI
$27.3K $15.28/SF
− OpEx
−$8.2K −$4.58/SF
NOI
$19.1K $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%
$382,840
Cap Rate 7%
$273,457
Cap Rate 9%
$212,689
Alternative Uses
Best Use
Multifamily LT 5
$273.5K
$239.3K – $319.0K
NOI $19,142 @ 7.0% cap · market cap 5.25%
Second Best
Apartment 5plus
$238.0K
$208.2K – $277.6K
NOI $16,658 @ 7.0% cap · market cap 4.57%
Theoretical Best
Office A
$384.2K
$336.2K – $448.2K
NOI $26,892 @ 7.0% cap · market cap 7.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,048
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
$330,100
Median Home Value
Market
Average Price Trend$/SF for Duplexes in St. Louis County, MO
Properties on Market for Duplexes in St. Louis County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence has two bedrooms, one bath, and its own basement.
Where is this duplex located?
The property is located at 1514 Yale Avenue Richmond Heights, MO.
What is the asking price?
The asking price for this property is $364,900.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bath; 1,790 square feet; built in 1957; Separate full walk‑out basement for each unit, with laundry and storage
