Updated Two-Unit
1520 Salisbury Street, Saint Louis, MO 63107
For Sale
New
$240,000
Residential Income, St Louis, MO
Property Size1,580 SF
Lot Size0.05 Acres
Price / SF$151.90
Days on Market4
Property Features for 1520 Salisbury Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Interior features
Exterior features
Basement
Appliances
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Buildings
Listing Agency:
Emmanuel Jamar Realty Group
Listed By:
Beatrice Covington · License #2016025412
(314) 709-7262
Added: Nov 4
Changed: Nov 5
Last Checked: Nov 7 at 12:06PM
MLS# 26070142
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.
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Investment Insights
Based on property information with market context.
This brick duplex contains 1,580 square feet on a 0.0527-acre lot. Its unit mix includes a one-bedroom apartment on the main level and a two-bedroom, one-bath unit arranged across the upper two floors. The upper residence has a balcony or porch. Reported improvements include refreshed kitchens and bathrooms, flooring, major systems, and rear outdoor structures. Heating is forced air with natural gas; cooling includes central air and ceiling fans. The property dates to 1893 and is offered in as-is condition, with the seller undertaking no inspections or repairs.
Key Highlights
- 1,580 square feet of building area
- 0.0527‑acre lot
- Two residences: one‑bedroom main‑floor unit and two‑bedroom, one‑bath upper unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,896
Cap Rate
7.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$337,920
$337.9K
Cap Rate 7%
$241,371
$241.4K
Cap Rate 9%
$187,733
$187.7K
Market Conditions
NOI Build-Up for 1,580 SF
Gross rent
$25.6K $16.20/SF
− Vacancy
−$1.5K −$0.92/SF
EGI
$24.1K $15.28/SF
− OpEx
−$7.2K −$4.58/SF
NOI
$16.9K $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%
$337,920
Cap Rate 7%
$241,371
Cap Rate 9%
$187,733
Alternative Uses
Best Use
Multifamily LT 5
$241.4K
$211.2K – $281.6K
NOI $16,896 @ 7.0% cap · market cap 7.04%
Second Best
Apartment 5plus
$210.0K
$183.8K – $245.1K
NOI $14,703 @ 7.0% cap · market cap 6.13%
Theoretical Best
Office A
$339.1K
$296.7K – $395.6K
NOI $23,737 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
372
Businesses Nearby
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Business Placement
Demographics for 63107, MO
8,829
Population
6,651
Households
1.3
Avg Household Size
42
Median Age
13%
College-Educated
80%
High-School Grad
2.3 sq mi
ZIP Area
3,839
Density / Sq Mi
$40,522
Median Household Income
$33,910
Median Earnings
$839
Median Rent
$57,100
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Saint Louis, MO
Properties on Market for Duplexes in Saint Louis
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - The layout pairs a main-floor one-bedroom apartment with an upper two-bedroom residence.
Where is this duplex located?
The property is located at 1520 Salisbury Street Saint Louis, MO.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 1,580 square feet of building area; 0.0527‑acre lot; Two residences: one‑bedroom main‑floor unit and two‑bedroom, one‑bath upper unit
