Brick Duplex with Owner’s
For Sale
$450,000
2805/2807 Accomac Street, Saint Louis, MO 63104
Residential Income, St Louis, MO
Property Size3,136 SF
Lot Size0.10 Acres
Price / SF$143.49
Days on Market73
Property Features for 2805/2807 Accomac Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 3, Bathroom 1, Basement, Bathroom 2, Bedroom 3, Bedroom 2, Bedroom 1
Parking features
On Street, Garage
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
(314) 402-3116
Added: Jul 23
Changed: Sep 28
Last Checked: Oct 3 at 6:06AM
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 3,136-square-foot brick duplex, built in 1891, combines an owner’s residence with a furnished first-floor apartment. The upper home occupies the second and third floors and includes two bedrooms, two full baths, vaulted ceilings, an open living area, a full kitchen, in-unit laundry, and a private sun deck. The lower apartment has hardwood floors, a full kitchen, and basement laundry access. A new roof was installed in 2025, and the property includes both garage and on-street parking.
The 0.1004-acre property sits at the end of a quiet cul-de-sac in Fox Park, with access to nearby parks, restaurants, shopping, and major highways. The first-floor unit is leased through July 2027, while the upper residence provides a separate multi-level living arrangement within the same building.
The 0.1004-acre property sits at the end of a quiet cul-de-sac in Fox Park, with access to nearby parks, restaurants, shopping, and major highways. The first-floor unit is leased through July 2027, while the upper residence provides a separate multi-level living arrangement within the same building.
Key Highlights
- 3,136‑square‑foot brick duplex on a 0.1004‑acre lot
- Owner’s residence spans the second and third floors
- Upper unit includes 2 bedrooms, 2 full baths, vaulted ceilings, and 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
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Current Use
Lease Details
2
Residential units
Yes
Highway 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
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 - The upper residence offers vaulted ceilings, two bedrooms, two full baths, and a private sun deck.
Where is this duplex located?
The property is located at 2805/2807 Accomac Street Saint 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: 3,136‑square‑foot brick duplex on a 0.1004‑acre lot; Owner’s residence spans the second and third floors; Upper unit includes 2 bedrooms, 2 full baths, vaulted ceilings, and a private sun deck
