1807 Princeton Place, Richmond Heights, MO 63117
2-4 Units, Apartment Style - Richmond Heights, MO
- Added:
- May 29, 2026
- Days on Market:
- 25
- Last Refresh:
- Jun 21 at 11:06 pm
Property Features for 1807 Princeton Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Driveway, Garage, Off Street
- Interior features
- Separate Dining
- Basement Y/N
- 1
- Appliances
- Dishwasher, Dryer, Refrigerator, Washer, Washer/Dryer Combo
- Standard status
- Active
- APN
- 20J-31-0634
- Size
- 2,980 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 5711
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1928
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Hardwood
- Building materials
- Brick, Plaster
- Architectural style
- Other
Listing agent Justin Taylor License #2007032934 (314) 280-9996
Listing office The Agency 8007 Clayton Rd, Clayton, MO (314) 677-1477
Listing date May 29, 2026
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.
HighLights
- Established cash‑flowing duplex in Richmond Heights.
- All‑brick construction for durability and low maintenance.
- Updated kitchens and bathrooms in both units.
- In‑unit laundry for both apartments.
- Hardwood floors throughout both units.
- Prime location: across from MRH Elementary, close to Clayton, and easy access to Hwy 40 and 44.
Overview
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 | $48.3k | $16.20 |
| − Vacancy | −$2.8k | −$0.92 |
| EGI | $45.5k | $15.28 |
| − OpEx | −$13.7k | −$4.58 |
| NOI | $31.9k | $10.69 |
Alternative Uses
Current Use by Public Records
Map
- City
- Richmond Heights
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.315648
- Latitude
- 38.622261
