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Shotgun-Style Duplex with Garage

2001 Prather Ave, Saint Louis, MO 63139

For Sale
$315,000

Character details include hardwood floors, a covered porch, a sun porch, and a fenced yard.

Property Size1,792 SF
Price / SF$175.78
Days on Market55

Property Features for 2001 Prather Ave

General Information

Standard status Active
Size 1,792 SF
Total Parking Spaces 2
Property subtype Residential Income

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,214

Amenities

hardwood floors
covered front porch
private basement space
sun porch
fenced yard

Building Details

Construction shotgun-style
Listing Agency: RE/MAX Results
Listed By: Becky Harrington · License #199121879
Source: Exprealty
Added: Sep 14 Changed: Oct 26 Last Checked: Nov 6 at 11:23AM

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

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Investment Insights

Based on property information with market context.

This duplex combines a shotgun-style layout with details that give the property a distinct residential character. Interior features include hardwood floors, a private basement area, and a sun porch that can serve as flexible additional space. A covered front porch adds outdoor living area, while the fenced yard provides a defined rear setting. The property also includes a 2-car garage, an especially useful feature for a two-unit residential building.

Located at 2001 Prather Ave in Saint Louis, the duplex is near parks, restaurants, shopping, and other neighborhood businesses. The 1,792 property size and combination of interior, outdoor, and garage space create a practical configuration for multifamily ownership.

Key Highlights

  • Shotgun‑style duplex with hardwood floors
  • 1,792 property size
  • Covered front porch and sun porch

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$19,163
Cap Rate
6.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$383,260 $383.3K
Cap Rate 7%
$273,757 $273.8K
Cap Rate 9%
$212,922 $212.9K
Market Conditions
NOI Build-Up for 1,792 SF
Gross rent
$29.0K $16.20/SF
− Vacancy
−$1.7K −$0.92/SF
EGI
$27.4K $15.28/SF
− OpEx
−$8.2K −$4.58/SF
NOI
$19.2K $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%
$383,260
Cap Rate 7%
$273,757
Cap Rate 9%
$212,922

Alternative Uses

Best Use
Multifamily LT 5
$273.8K
$239.5K – $319.4K (±1% cap)
NOI $19,163 @ 7.0% cap · market cap 6.08%
Second Best
Apartment 5plus
$238.2K
$208.5K – $277.9K (±1% cap)
NOI $16,676 @ 7.0% cap · market cap 5.29%
Theoretical Best
Office A
$384.6K
$336.5K – $448.7K (±1% cap)
NOI $26,922 @ 7.0% cap · market cap 8.55%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

581
Businesses Nearby

Demographics for 63139, MO

21,971
Population
12,187
Households
1.8
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
5,782
Density / Sq Mi
$74,749
Median Household Income
$52,298
Median Earnings
$1,086
Median Rent
$199,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Saint Louis, MO

$128 Jul
$94.82 Aug
$96.81 Sep
$102 Oct

Properties on Market for Duplexes in Saint Louis

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Character details include hardwood floors, a covered porch, a sun porch, and a fenced yard.
Where is this duplex located?
The property is located at 2001 Prather Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Shotgun‑style duplex with hardwood floors; 1,792 property size; Covered front porch and sun porch
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