New Half-Duplex
For Sale
$219,900
30 E 7th Street, Adrian, MO 64720
Single-level half duplex with contemporary finishes, dedicated storage, and an attached garage entry mudroom.
Property Size1,255 SF
Days on Market314
Property Features for 30 E 7th Street
General Information
Standard status
Active
Size
1,255 SF
Property subtype
Duplex
Additional Details
Multifamily Units
1
Amenities
Heat Pump
Electric
Composition
Building Details
Building Size
1,255 SF
Listing Agency:
Keller Williams Southland
(816) 210-6425
Listed By:
Caitlyn Lacy · License #2021036396
(660) 351-4306
Source:
Kw
Added: Oct 22, 2025
Changed: Aug 30
Last Checked: Aug 30 at 10:49PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Southland
Investment Insights
Based on property information with market context.
Planned as a new, single-level half duplex, this residence combines a practical layout with contemporary interior details. The home includes three bedrooms and two bathrooms, with a kitchen designed around granite countertops and everyday gathering space. A mudroom near the garage entry provides an organized transition point for coats, shoes, and bags.
The primary bedroom includes a walk-in closet and a private bathroom with a double vanity, built-in cabinet storage, and an Onyx shower. Heat pump and electric systems are specified, while the exterior is designed with composition materials. Construction has not yet started, providing a clear view of the planned configuration.
The primary bedroom includes a walk-in closet and a private bathroom with a double vanity, built-in cabinet storage, and an Onyx shower. Heat pump and electric systems are specified, while the exterior is designed with composition materials. Construction has not yet started, providing a clear view of the planned configuration.
Key Highlights
- New 3‑bedroom, 2‑bath half duplex
- Single‑level layout with garage‑entry mudroom
- Kitchen planned with granite countertops
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
$13,166
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
5.99%
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%
$263,320
$263.3K
Cap Rate 7%
$188,086
$188.1K
Cap Rate 9%
$146,289
$146.3K
Market Conditions
NOI Build-Up for 1,255 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
$25.6K $20.40/SF
− Vacancy
−$1.7K −$1.33/SF
EGI
$23.9K $19.07/SF
− OpEx
−$10.8K −$8.58/SF
NOI
$13.2K $10.49/SF
Area
Bates County, MO
Vacancy
6.50%
Lease Rate
$20.40 /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%
$263,320
Cap Rate 7%
$188,086
Cap Rate 9%
$146,289
Alternative Uses
Best Use
Apartment 5plus
$188.1K
$164.6K – $219.4K
NOI $13,166 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$277.3K
$242.6K – $323.5K
NOI $19,411 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
156
Businesses Nearby
Explore this area
Business Placement
Demographics for 64720, MO
3,869
Population
1,735
Households
2.2
Avg Household Size
43
Median Age
12%
College-Educated
91%
High-School Grad
132.8 sq mi
ZIP Area
29
Density / Sq Mi
$72,619
Median Household Income
$39,219
Median Earnings
$754
Median Rent
$163,100
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Single-level half duplex with contemporary finishes, dedicated storage, and an attached garage entry mudroom.
Where is this residential income property located?
The property is located at 30 E 7th Street Adrian, MO.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: New 3‑bedroom, 2‑bath half duplex; Single‑level layout with garage‑entry mudroom; Kitchen planned with granite countertops
