Brick Duplex with
New
For Sale
$300,000
414-416 S Cadillac Drive, Saint Charles, MO 63301
Residential Income, St Charles, MO
Property Size1,440 SF
Lot Size0.33 Acres
Price / SF$208.33
Days on Market5
Property Features for 414-416 S Cadillac Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 3, Bedroom 2, Basement
Basement
Unfinished
Appliances
Gas Range, Free-Standing Refrigerator
Subdivision
Pasedena Gardens #3
Elementary school
Blackhurst Elementary
Middle school
Jefferson / Hardin
High school
St. Charles High
Elementary school district
St. Charles R-VI
Middle school district
St. Charles R-VI
High school district
St. Charles R-VI
Directions
Showings with accepted contract only. Do not disturb tenants.
Standard status
Active
APN
6-006C-4128-02-0029.0000000
Size
1,440 SF
Lot size
0.33 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1902
Utilities
Heating system
Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
partially finished basements
Building Details
Year built
1960
Floors in Building
1
Flooring type
Hardwood
Building materials
Brick
Architectural style
Contemporary
Listing Agency:
The Hermann London Group LLC
Listed By:
Evelyn Sharp-Heitert
(314) 802-0797
Added: Sep 18
Changed: Sep 22
Last Checked: Sep 22 at 11:06AM
MLS# 26060416
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 brick duplex contains two 2-bedroom, 1-bath units totaling 1,440 square feet. Both residences include partially finished basements, hardwood flooring, central air, and natural gas heating. Public water serves the property, which was built in 1960 in a contemporary architectural style. Both sides were painted within the past year, and the kitchen cabinets on the 414 side were refaced this year.
The property sits on a 0.3297-acre lot in St Charles, Missouri, near shopping, dining, employment centers, McNair Park, and major roadways. Both units are occupied, with tenants responsible for utilities and lawn care. The existing two-unit configuration provides an established residential income property with separate living spaces and current rental occupancy.
The property sits on a 0.3297-acre lot in St Charles, Missouri, near shopping, dining, employment centers, McNair Park, and major roadways. Both units are occupied, with tenants responsible for utilities and lawn care. The existing two-unit configuration provides an established residential income property with separate living spaces and current rental occupancy.
Key Highlights
- Two 2‑bedroom, 1‑bath units in a duplex configuration
- 1,440 square feet on a 0.3297‑acre lot
- Partially finished basements in both units
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
$15,554
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
5.18%
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%
$311,080
$311.1K
Cap Rate 7%
$222,200
$222.2K
Cap Rate 9%
$172,822
$172.8K
Market Conditions
NOI Build-Up for 1,440 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
$23.3K $16.20/SF
− Vacancy
−$1.1K −$0.77/SF
EGI
$22.2K $15.43/SF
− OpEx
−$6.7K −$4.63/SF
NOI
$15.6K $10.80/SF
Area
St. Charles County, MO
Vacancy
4.75%
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%
$311,080
Cap Rate 7%
$222,200
Cap Rate 9%
$172,822
Alternative Uses
Best Use
Multifamily LT 5
$222.2K
$194.4K – $259.2K
NOI $15,554 @ 7.0% cap · market cap 5.18%
Second Best
Apartment 5plus
$206.4K
$180.6K – $240.8K
NOI $14,446 @ 7.0% cap · market cap 4.82%
Theoretical Best
Warehouse
$381.1K
$333.5K – $444.6K
NOI $26,678 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
Explore this area
Business Placement
Demographics for 63301, MO
50,890
Population
22,687
Households
2.2
Avg Household Size
39
Median Age
39%
College-Educated
94%
High-School Grad
84.3 sq mi
ZIP Area
604
Density / Sq Mi
$83,551
Median Household Income
$46,433
Median Earnings
$1,093
Median Rent
$249,400
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully occupied two-unit property with tenant-paid utilities and lawn care responsibilities.
Where is this duplex located?
The property is located at 414-416 S Cadillac Drive Saint Charles, MO.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units in a duplex configuration; 1,440 square feet on a 0.3297‑acre lot; Partially finished basements in both units
