Tenant-Occupied
For Sale
$355,000
2012 2014 Marigold, Carthage, MO 64836
MultiFamily, Carthage, MO
Property Size2,190 SF
Lot Size0.24 Acres
Price / SF$162.10
Days on Market14
Property Features for 2012 2014 Marigold
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bedroom 3, Bedroom 6, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 2, Bedroom 4
Elementary school
Carthage
Middle school
Carthage
Elementary school district
Carthage
Middle school district
Carthage
High school district
Carthage
Directions
From Fir Road and Chapel Road, South on Chapel, West on Marigold, duplex on South side.
Subdivision
09 - Carthage Area
Standard status
Active
APN
14-9.0-29-00-000-008.032
Size
2,190 SF
Lot size
0.24 Acres
Taxes and HOA fees
Tax Annual Amount
2046
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air
Building Details
Year built
2021
Floors in Building
1
Number of units
2
Flooring type
Plank, Laminate, Vinyl
Roof type
Shingle
Architectural style
Other
Listing Agency:
KELLER WILLIAMS REALTY ELEVATE
(417) 623-9900
Listed By:
Shannon Chew · License #2016007886
(417) 622-1702
Added: Sep 15
Changed: Sep 16
Last Checked: Sep 28 at 12:06AM
MLS# 265290
Copyright © 2026 Ozark Gateway Association of Realtors. 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 contains 2,190 square feet and was completed in 2021. The property is currently tenant occupied and includes plank, laminate, and vinyl flooring, along with central air conditioning and electric central heating. A shingle roof serves the building, and the parcel encompasses 0.24 acres.
Located at 2012 2014 Marigold in Carthage, Missouri, the property is identified within ZIP Code 64836. It is also offered as part of a complete package, providing a package-sale option for buyers evaluating multiple properties.
Located at 2012 2014 Marigold in Carthage, Missouri, the property is identified within ZIP Code 64836. It is also offered as part of a complete package, providing a package-sale option for buyers evaluating multiple properties.
Key Highlights
- Tenant‑occupied duplex
- 2,190 square feet of building area
- Built in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,698
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$373,960
$374.0K
Cap Rate 7%
$267,114
$267.1K
Cap Rate 9%
$207,756
$207.8K
Market Conditions
NOI Build-Up for 2,190 SF
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.
Gross rent
$28.9K $13.20/SF
− Vacancy
−$2.2K −$1.00/SF
EGI
$26.7K $12.20/SF
− OpEx
−$8.0K −$3.66/SF
NOI
$18.7K $8.54/SF
Area
Jasper County, MO
Vacancy
7.60%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$373,960
Cap Rate 7%
$267,114
Cap Rate 9%
$207,756
Alternative Uses
Best Use
Multifamily LT 5
$267.1K
$233.7K – $311.6K
NOI $18,698 @ 7.0% cap · market cap 5.27%
Second Best
Apartment 5plus
$247.0K
$216.1K – $288.1K
NOI $17,287 @ 7.0% cap · market cap 4.87%
Theoretical Best
Office A
$660.8K
$578.2K – $770.9K
NOI $46,253 @ 7.0% cap · market cap 13.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Demographics for 64836, MO
25,334
Population
10,241
Households
2.5
Avg Household Size
37
Median Age
24%
College-Educated
82%
High-School Grad
184.1 sq mi
ZIP Area
138
Density / Sq Mi
$58,775
Median Household Income
$35,311
Median Earnings
$883
Median Rent
$157,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Recently built duplex with existing occupancy and central heating and cooling.
Where is this duplex located?
The property is located at 2012 2014 Marigold Carthage, MO.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Tenant‑occupied duplex; 2,190 square feet of building area; Built in 2021
