Updated
For Sale
$239,900
3-5 Henderson, Cape Girardeau, MO 63701
Residential Income, Cape Girardeau, MO
Property Size2,016 SF
Lot Size0.26 Acres
Price / SF$118
Days on Market93
Property Features for 3-5 Henderson
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
2
Basement
Unfinished
Appliances
Free-Standing Electric Oven, Refrigerator
Elementary school
Franklin Elem.
Middle school
Central Jr. High
High school
Central High
Elementary school district
Cape Girardeau 63
Middle school district
Cape Girardeau 63
High school district
Cape Girardeau 63
Standard status
Active
APN
21-106-00-20-01200-000
Size
2,016 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
511
Utilities
Utilities
Cable Available
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1946
Building materials
Brick
Architectural style
Cottage
Listing Agency:
Main Key Realty, LLC
(573) 283-3334
Listed By:
Elizabeth McFerron
(573) 270-9575
Added: Jul 29
Changed: Oct 4
Last Checked: Oct 29 at 12:06PM
MLS# 26048431
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two residential units within a 2,016-square-foot brick building constructed in 1946. Each side has three bedrooms, a living room, dining area, kitchen, and one full bathroom. Both units have been updated, and the property includes a basement, forced-air heating, central air, free-standing electric ovens, and refrigerators.
Located at 3-5 Henderson in Cape Girardeau, the property occupies 0.26 acres and has public water service. Parking access is already available, with the potential to open the access more directly. Cable service is available at the property.
Located at 3-5 Henderson in Cape Girardeau, the property occupies 0.26 acres and has public water service. Parking access is already available, with the potential to open the access more directly. Cable service is available at the property.
Key Highlights
- Two updated residential units, each with 3 bedrooms and 1 full bathroom
- 2,016‑square‑foot brick duplex on 0.26 acres
- Living room, dining area, kitchen, and basement in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,124
Cap Rate
6.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,480
$322.5K
Cap Rate 7%
$230,343
$230.3K
Cap Rate 9%
$179,156
$179.2K
Market Conditions
NOI Build-Up for 2,016 SF
Gross rent
$24.7K $12.24/SF
− Vacancy
−$1.6K −$0.81/SF
EGI
$23.0K $11.43/SF
− OpEx
−$6.9K −$3.43/SF
NOI
$16.1K $8.00/SF
Area
Cape Girardeau County, MO
Vacancy
6.65%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$322,480
Cap Rate 7%
$230,343
Cap Rate 9%
$179,156
Alternative Uses
Best Use
Multifamily LT 5
$230.3K
$201.6K – $268.7K
NOI $16,124 @ 7.0% cap · market cap 6.72%
Second Best
Apartment 5plus
$212.1K
$185.6K – $247.5K
NOI $14,849 @ 7.0% cap · market cap 6.19%
Theoretical Best
Office A
$636.0K
$556.5K – $742.0K
NOI $44,521 @ 7.0% cap · market cap 18.56%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
967
Businesses Nearby
Explore this area
Business Placement
Demographics for 63701, MO
39,246
Population
17,834
Households
2.2
Avg Household Size
35
Median Age
39%
College-Educated
94%
High-School Grad
132.7 sq mi
ZIP Area
296
Density / Sq Mi
$67,904
Median Household Income
$32,655
Median Earnings
$863
Median Rent
$209,600
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
Frequently Asked Questions
What type of property is this?
Duplex - Two updated residential units with separate living areas and access to parking.
Where is this duplex located?
The property is located at 3-5 Henderson Cape Girardeau, MO.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Two updated residential units, each with 3 bedrooms and 1 full bathroom; 2,016‑square‑foot brick duplex on 0.26 acres; Living room, dining area, kitchen, and basement in each unit
