Two-Unit Duplex with
For Sale
$337,000
4167 Hartford St, Saint Louis, MO 63116
Fenced outdoor space and dedicated laundry serve both residential units.
Property Size2,496 SF
Price / SF$135.02
Days on Market9
Property Features for 4167 Hartford St
General Information
Standard status
Active
Size
2,496 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$4,777
Amenities
fully fenced backyard
deck
washer/dryer
Listing Agency:
Compass Realty Group
(314) 347-1658
Listed By:
Kirk McCullen
(314) 583-1917
Source:
Exprealty
Added: Aug 25
Changed: Sep 1
Last Checked: Sep 1 at 9:38PM
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 Compass Realty Group
Investment Insights
Based on property information with market context.
This 2,496-square-foot duplex contains two two-bedroom, one-bath units, each with dedicated washer and dryer connections. The property also includes two decks, a fully fenced backyard, and off-street parking. A shared front entry and foyer create an adaptable layout, with the existing configuration offering the option to occupy one unit, use both units for flexible living, or operate the property as a multifamily rental.
Located at 4167 Hartford St in Tower Grove South, the property is near Tower Grove Park, South Grand Boulevard, Morganford Road, neighborhood restaurants, coffee shops, local businesses, and entertainment. The surrounding neighborhood is described as walkable, with access to dining, shopping, and outdoor recreation.
Located at 4167 Hartford St in Tower Grove South, the property is near Tower Grove Park, South Grand Boulevard, Morganford Road, neighborhood restaurants, coffee shops, local businesses, and entertainment. The surrounding neighborhood is described as walkable, with access to dining, shopping, and outdoor recreation.
Key Highlights
- 2,496‑square‑foot duplex with two 2‑bedroom/1‑bath units
- Dedicated washer/dryer in each unit
- Two decks overlook a fully fenced backyard
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
$26,691
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
7.92%
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%
$533,820
$533.8K
Cap Rate 7%
$381,300
$381.3K
Cap Rate 9%
$296,567
$296.6K
Market Conditions
NOI Build-Up for 2,496 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
$40.4K $16.20/SF
− Vacancy
−$2.3K −$0.92/SF
EGI
$38.1K $15.28/SF
− OpEx
−$11.4K −$4.58/SF
NOI
$26.7K $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%
$533,820
Cap Rate 7%
$381,300
Cap Rate 9%
$296,567
Alternative Uses
Best Use
Multifamily LT 5
$381.3K
$333.6K – $444.9K
NOI $26,691 @ 7.0% cap · market cap 7.92%
Second Best
Apartment 5plus
$331.8K
$290.4K – $387.1K
NOI $23,228 @ 7.0% cap · market cap 6.89%
Theoretical Best
Office A
$535.7K
$468.7K – $625.0K
NOI $37,498 @ 7.0% cap · market cap 11.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
Explore this area
Business Placement
Demographics for 63116, MO
41,959
Population
22,394
Households
1.9
Avg Household Size
37
Median Age
37%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
7,770
Density / Sq Mi
$60,193
Median Household Income
$42,012
Median Earnings
$946
Median Rent
$161,100
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 - Fenced outdoor space and dedicated laundry serve both residential units.
Where is this duplex located?
The property is located at 4167 Hartford St Saint Louis, MO.
What is the asking price?
The asking price for this property is $337,000.
What are key features of this property?
This property features: 2,496‑square‑foot duplex with two 2‑bedroom/1‑bath units; Dedicated washer/dryer in each unit; Two decks overlook a fully fenced backyard
