Updated Duplex with
For Sale
$310,000
347 Hawthorne St, Hollister, MO 65672
Each residence combines a two-bedroom layout with covered parking and a private backyard.
Property Size2,080 SF
Price / SF$149.04
Days on Market37
Property Features for 347 Hawthorne St
General Information
Standard status
Active
Size
2,080 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1.5BA
Multifamily Units
2
Amenities
carport
backyard
Building Details
Year Built
1995
Buildings
1
Listing Agency:
Keller Williams Tri-Lakes
Listed By:
Jeff Reynolds · License #2014000621
(404) 326-2613
Source:
Trilakeshomesearch
Added: Aug 29
Changed: Oct 1
Last Checked: Oct 2 at 9:04PM
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 Tri-Lakes
Investment Insights
Based on property information with market context.
This duplex contains two residences, each with 2 bedrooms and 1.5 bathrooms. The interiors have newer flooring, fresh paint, and updated light fixtures. Roofs, HVAC systems, and water heaters have also been updated. The property was built in 1995 and contains 2,080 square feet in total.
Each unit has a large carport and its own backyard. The two-unit configuration supports occupancy in one residence while the other is rented, or rental of both units. Restaurants, grocery stores, shopping, and everyday amenities are a short drive away.
Each unit has a large carport and its own backyard. The two-unit configuration supports occupancy in one residence while the other is rented, or rental of both units. Restaurants, grocery stores, shopping, and everyday amenities are a short drive away.
Key Highlights
- Two units, each with 2 bedrooms and 1.5 bathrooms
- 2,080 square feet; built in 1995
- Updated flooring, paint, and light fixtures in both residences
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
$18,889
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
6.09%
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%
$377,780
$377.8K
Cap Rate 7%
$269,843
$269.8K
Cap Rate 9%
$209,878
$209.9K
Market Conditions
NOI Build-Up for 2,080 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
$29.2K $14.04/SF
− Vacancy
−$2.2K −$1.07/SF
EGI
$27.0K $12.97/SF
− OpEx
−$8.1K −$3.89/SF
NOI
$18.9K $9.08/SF
Area
Taney County, MO
Vacancy
7.60%
Lease Rate
$14.04 /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%
$377,780
Cap Rate 7%
$269,843
Cap Rate 9%
$209,878
Alternative Uses
Best Use
Multifamily LT 5
$269.8K
$236.1K – $314.8K
NOI $18,889 @ 7.0% cap · market cap 6.09%
Second Best
Apartment 5plus
$240.0K
$210.0K – $280.0K
NOI $16,798 @ 7.0% cap · market cap 5.42%
Theoretical Best
Office A
$406.5K
$355.7K – $474.2K
NOI $28,454 @ 7.0% cap · market cap 9.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
290
Businesses Nearby
Explore this area
Business Placement
Demographics for 65672, MO
8,548
Population
4,696
Households
1.8
Avg Household Size
43
Median Age
26%
College-Educated
93%
High-School Grad
57.0 sq mi
ZIP Area
150
Density / Sq Mi
$60,407
Median Household Income
$29,235
Median Earnings
$878
Median Rent
$172,600
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each residence combines a two-bedroom layout with covered parking and a private backyard.
Where is this duplex located?
The property is located at 347 Hawthorne St Hollister, MO.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1.5 bathrooms; 2,080 square feet; built in 1995; Updated flooring, paint, and light fixtures in both residences
