Three-Bedroom
New
For Sale
$220,000
Pending
203-205 Haley Place, Carl Junction, MO 64834
MultiFamily, Carl Junction, MO
Property Size2,384 SF
Lot Size0.30 Acres
Days on Market6
Property Features for 203-205 Haley Place
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 1, Bathroom 3, Bathroom 4, Bathroom 2
Elementary school
Carl Junction
Middle school
Carl Junction
Elementary school district
Carl Junction
Middle school district
Carl Junction
High school district
Carl Junction
Directions
171 to Pennell, west to Dean Drive, North to Haley Place.
Subdivision
07 - Carl Junction Area
Standard status
Pending
APN
16300540001024008
Size
2,384 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Annual Amount
1617
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air
Building Details
Year built
2003
Number of units
2
Flooring type
Laminate, Carpet
Roof type
Composition
Architectural style
Other
Listing Agency:
REALPRO
(417) 358-4441
Listed By:
Warren Johnson · License #2017038078
(417) 437-6436
Added: Sep 17
Changed: Sep 21
Last Checked: Sep 22 at 3:06AM
MLS# 265331
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.
Built in 2003, this duplex contains 2,384 square feet across two residential units. Each side offers a three-bedroom, two-bathroom layout suited to households seeking practical room distribution and additional living space. Interior finishes include carpet and laminate flooring, while central air conditioning and central electric heating serve the property. A composition roof completes the building improvements.
The property occupies 0.3 acres in an established neighborhood near schools, shopping, dining, and other local amenities. Its location in Carl Junction places everyday services and educational resources within the surrounding community, while the two-unit configuration provides a straightforward residential setup.
The property occupies 0.3 acres in an established neighborhood near schools, shopping, dining, and other local amenities. Its location in Carl Junction places everyday services and educational resources within the surrounding community, while the two-unit configuration provides a straightforward residential setup.
Key Highlights
- Two‑unit duplex with 3‑bedroom, 2‑bathroom layouts in each unit
- 2,384 square feet of total property size
- Built in 2003
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
$18,818
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
8.55%
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%
$376,360
$376.4K
Cap Rate 7%
$268,829
$268.8K
Cap Rate 9%
$209,089
$209.1K
Market Conditions
NOI Build-Up for 2,384 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
$37.2K $15.60/SF
− Vacancy
−$3.0K −$1.25/SF
EGI
$34.2K $14.35/SF
− OpEx
−$15.4K −$6.46/SF
NOI
$18.8K $7.89/SF
Area
Jasper County, MO
Vacancy
8.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
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%
$376,360
Cap Rate 7%
$268,829
Cap Rate 9%
$209,089
Alternative Uses
Best Use
Multifamily LT 5
$290.8K
$254.4K – $339.2K
NOI $20,354 @ 7.0% cap · market cap 9.25%
Second Best
Apartment 5plus
$268.8K
$235.2K – $313.6K
NOI $18,818 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$719.3K
$629.4K – $839.2K
NOI $50,350 @ 7.0% cap · market cap 22.89%
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
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Explore this area
Business Placement
Demographics for 64834, MO
10,239
Population
3,936
Households
2.6
Avg Household Size
36
Median Age
36%
College-Educated
96%
High-School Grad
32.2 sq mi
ZIP Area
318
Density / Sq Mi
$78,682
Median Household Income
$42,293
Median Earnings
$1,203
Median Rent
$200,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units provide spacious three-bedroom, two-bath layouts near schools, shopping, dining, and neighborhood amenities.
Where is this duplex located?
The property is located at 203-205 Haley Place Carl Junction, MO.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Two‑unit duplex with 3‑bedroom, 2‑bathroom layouts in each unit; 2,384 square feet of total property size; Built in 2003
