Two-Unit Duplex with In-Unit
2016 S 9th Street, Saint Louis, MO 63104
For Sale
New
$385,000
Residential Income, St Louis, MO
Property Size3,266 SF
Price / SF$117.88
Days on Market2
Property Features for 2016 S 9th Street
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Parking features
Basement
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Heating system
Cooling system
Water source
Amenities
in-unit laundry
quartz counters
big soft-close cabinets
tile baths
LVP flooring
exposed brick
high ceilings
Building Details
Year built
Number of units
Building materials
Architectural style
Buildings
Listing Agency:
The Agency
(314) 677-1477
Listed By:
Anthony Klier · License MO #2022012991
(314) 517-1925
Added: Nov 14
Changed: Nov 15
Last Checked: Nov 15 at 10:06AM
MLS# 26065790
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 3,266-square-foot brick duplex, built in 1884, contains two residences, each configured with two bedrooms and one bathroom. In-unit laundry, quartz counters, soft-close cabinetry, tile bathrooms, LVP flooring, exposed brick, and high ceilings are featured in both units. Fall 2026 work included a roof, furnaces, air-conditioning condensers, water heaters, electrical, PEX water lines, PVC stacks, and tuckpointing of the brick exterior. Forced-air heat and central air are listed. Three gated off-street parking spaces serve the property.
The building is in Soulard, with Soulard Market, bars, and restaurants within walking distance. One residence is leased; the other is identified for a short-term rental only with a required city permit. The property is also offered as part of a six-unit package.
The building is in Soulard, with Soulard Market, bars, and restaurants within walking distance. One residence is leased; the other is identified for a short-term rental only with a required city permit. The property is also offered as part of a six-unit package.
Key Highlights
- Two residences, each with 2 bedrooms and 1 bathroom
- 3,266 square feet; brick construction; built in 1884
- Three gated off‑street parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,925
Cap Rate
9.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$698,500
$698.5K
Cap Rate 7%
$498,929
$498.9K
Cap Rate 9%
$388,056
$388.1K
Market Conditions
NOI Build-Up for 3,266 SF
Gross rent
$52.9K $16.20/SF
− Vacancy
−$3.0K −$0.92/SF
EGI
$49.9K $15.28/SF
− OpEx
−$15.0K −$4.58/SF
NOI
$34.9K $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%
$698,500
Cap Rate 7%
$498,929
Cap Rate 9%
$388,056
Alternative Uses
Best Use
Multifamily LT 5
$498.9K
$436.6K – $582.1K
NOI $34,925 @ 7.0% cap · market cap 9.07%
Second Best
Apartment 5plus
$434.2K
$379.9K – $506.6K
NOI $30,393 @ 7.0% cap · market cap 7.89%
Theoretical Best
Office A
$700.9K
$613.3K – $817.8K
NOI $49,066 @ 7.0% cap · market cap 12.74%
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
2
Residential units
Location Intelligence
Trade Area within ½ mile
845
Businesses Nearby
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Business Placement
Demographics for 63104, MO
19,317
Population
10,958
Households
1.8
Avg Household Size
34
Median Age
54%
College-Educated
94%
High-School Grad
3.4 sq mi
ZIP Area
5,681
Density / Sq Mi
$70,127
Median Household Income
$53,693
Median Earnings
$1,054
Median Rent
$249,500
Median Home Value
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Market
Average Price Trend$/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 - Both residences offer two bedrooms, one bathroom, and private laundry facilities.
Where is this duplex located?
The property is located at 2016 S 9th Street Saint Louis, MO.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 bathroom; 3,266 square feet; brick construction; built in 1884; Three gated off‑street parking spaces
