Well-Maintained Duplex
For Sale
$450,000
2805/2807 Accomac Street St, Louis, MO 63104
MULTI_FAMILY - Other - St Louis, MO
Property Size3,136 SF
Lot Size0.10 Acres
Price / SF$143.49
Days on Market30
Property Features for 2805/2807 Accomac Street St
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 2, Basement, Bathroom 2, Bedroom 1, Bathroom 3, Bathroom 1
Parking features
Garage, On Street
Basement
Block
Subdivision
St Louis Commons Add
Elementary school
Hodgen Elem.
Middle school
Fanning Middle Community Ed.
High school
Roosevelt High
Elementary school district
St. Louis City
Middle school district
St. Louis City
High school district
St. Louis City
Directions
Hwy 44 to Jefferson Ave. Right on Jefferson Ave. to Russell to Accomac.
Standard status
Active
APN
1355-00-0340-0
Size
3,136 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
5145
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1891
Building materials
Brick
Architectural style
Other
Listing Agency:
Epique Realty
(888) 893-3537
Listed By:
Anne Ray
(816) 522-4531
Added: Jul 23
Changed: Aug 9
Last Checked: Aug 21 at 3:06AM
MLS# 26037689
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.
Investment Insights
Based on property information with market context.
This well-maintained duplex includes a spacious owner’s residence on the second and third floors and a leased first-floor apartment. The owner’s unit features 2 bedrooms, 2 full baths, vaulted ceilings, an open-concept living space, a full kitchen, and in-unit washer and dryer, along with a private sun deck. The first-floor apartment is currently furnished and includes hardwood floors, a full kitchen, and access to basement laundry.
The property has a brand-new roof installed in 2025. It is situated at the end of a quiet cul-de-sac in St. Louis City, with access to parks, restaurants, shopping, and major highways.
The first-floor apartment is leased through July 2027 for $1,600 per month. The owner currently pays utilities and internet, providing ongoing rental income. The lot is listed at 0.1004 acres and the total property size is 3,136 square feet.
The property has a brand-new roof installed in 2025. It is situated at the end of a quiet cul-de-sac in St. Louis City, with access to parks, restaurants, shopping, and major highways.
The first-floor apartment is leased through July 2027 for $1,600 per month. The owner currently pays utilities and internet, providing ongoing rental income. The lot is listed at 0.1004 acres and the total property size is 3,136 square feet.
Key Highlights
- Duplex built in 1891 with brick construction, central air, and forced‑air heating
- Owner’s unit spans 2nd and 3rd floors with 2 bedrooms, 2 full baths, and vaulted ceilings
- In‑unit washer and dryer in the owner’s unit, plus a private sun deck
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
$33,535
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
7.45%
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%
$670,700
$670.7K
Cap Rate 7%
$479,071
$479.1K
Cap Rate 9%
$372,611
$372.6K
Market Conditions
NOI Build-Up for 3,136 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
$50.8K $16.20/SF
− Vacancy
−$2.9K −$0.92/SF
EGI
$47.9K $15.28/SF
− OpEx
−$14.4K −$4.58/SF
NOI
$33.5K $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 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%
$670,700
Cap Rate 7%
$479,071
Cap Rate 9%
$372,611
Alternative Uses
Best Use
Multifamily LT 5
$479.1K
$419.2K – $558.9K
NOI $33,535 @ 7.0% cap · market cap 7.45%
Second Best
Apartment 5plus
$416.9K
$364.8K – $486.4K
NOI $29,184 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$673.0K
$588.9K – $785.2K
NOI $47,113 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
750
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Second-and third-floor owner unit includes 2 beds, 2 full baths, and in-unit laundry; first floor is leased through July 2027.
Where is this duplex located?
The property is located at 2805/2807 Accomac Street St Louis, MO.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Duplex built in 1891 with brick construction, central air, and forced‑air heating; Owner’s unit spans 2nd and 3rd floors with 2 bedrooms, 2 full baths, and vaulted ceilings; In‑unit washer and dryer in the owner’s unit, plus a private sun deck
