Renovated Two-Unit
New
For Sale
$175,000
424-426 W Daugherty Street, Webb City, MO 64870
MultiFamily, Webb City, MO
Property Size1,200 SF
Lot Size0.05 Acres
Price / SF$145.83
Days on Market4
Property Features for 424-426 W Daugherty Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Elementary school
Webb City AREA
Middle school
Webb City
Elementary school district
Webb City
Middle school district
Webb City
High school district
Webb City
Directions
Located on the corner of Daughety & N Ball
Subdivision
08 - Webb City Area
Standard status
Active
APN
15401830016002000
Size
1,200 SF
Lot size
0.05 Acres
Taxes and HOA fees
Tax Annual Amount
476
Building Details
Year built
1948
Floors in Building
1
Number of units
2
Flooring type
Laminate
Listing Agency:
The Essential Real Estate
(417) 233-1287
Listed By:
Fenimore Homes, Landon Fenimore · License #2011032566
(417) 499-8966
Added: Aug 27
Changed: Aug 28
Last Checked: Aug 30 at 3:06PM
MLS# 264799
Copyright © 2026 Ozark Gateway Association of Realtors. 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.
Built in 1948, this 1,200-square-foot duplex contains two separate one-bedroom, one-bathroom residences. Both units have undergone recent renovations, including updated paint, laminate flooring, mini-split systems, and tankless water heaters. The property occupies approximately 0.05 acres in Webb City, Missouri, and is located at 424-426 W Daugherty Street.
Room information includes two bedrooms and two bathrooms across the duplex. Measurements are approximate, and property access is subject to tenant rights.
Room information includes two bedrooms and two bathrooms across the duplex. Measurements are approximate, and property access is subject to tenant rights.
Key Highlights
- Two one‑bedroom, one‑bathroom units
- 1,200 square feet on approximately 0.05 acres
- Recent renovations include paint and laminate flooring
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
$10,245
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
5.85%
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%
$204,900
$204.9K
Cap Rate 7%
$146,357
$146.4K
Cap Rate 9%
$113,833
$113.8K
Market Conditions
NOI Build-Up for 1,200 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
$15.8K $13.20/SF
− Vacancy
−$1.2K −$1.00/SF
EGI
$14.6K $12.20/SF
− OpEx
−$4.4K −$3.66/SF
NOI
$10.2K $8.54/SF
Area
Jasper County, MO
Vacancy
7.60%
Lease Rate
$13.20 /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%
$204,900
Cap Rate 7%
$146,357
Cap Rate 9%
$113,833
Alternative Uses
Best Use
Multifamily LT 5
$146.4K
$128.1K – $170.8K
NOI $10,245 @ 7.0% cap · market cap 5.85%
Second Best
Apartment 5plus
$135.3K
$118.4K – $157.9K
NOI $9,472 @ 7.0% cap · market cap 5.41%
Theoretical Best
Office A
$362.1K
$316.8K – $422.4K
NOI $25,344 @ 7.0% cap · market cap 14.48%
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
434
Businesses Nearby
Explore this area
Business Placement
Demographics for 64870, MO
16,566
Population
6,796
Households
2.4
Avg Household Size
35
Median Age
30%
College-Educated
92%
High-School Grad
33.6 sq mi
ZIP Area
493
Density / Sq Mi
$64,619
Median Household Income
$39,267
Median Earnings
$942
Median Rent
$166,000
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 - Two updated residences feature laminate flooring, mini-split systems, and tankless water heaters.
Where is this duplex located?
The property is located at 424-426 W Daugherty Street Webb City, MO.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two one‑bedroom, one‑bathroom units; 1,200 square feet on approximately 0.05 acres; Recent renovations include paint and laminate flooring
