Updated Duplex with
For Sale
$374,999
502 S Linn Avenue, Wentzville, MO 63385
Two-unit residential property with updated interiors, a large yard, garage, and on-site parking near downtown amenities.
Property Size2,036 SF
Days on Market71
Property Features for 502 S Linn Avenue
General Information
Standard status
Active
Size
2,036 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$2,369
Building Details
Building Size
2,036 SF
Year Built
1900
Units
2
Listing Agency:
Trelora Realty, Inc
(872) 228-2038
Listed By:
Christopher Stjernholm · License #6005490
Source:
Century21laclede
Added: Jun 9
Changed: Aug 17
Last Checked: Aug 17 at 11:56PM
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 Trelora Realty, Inc
Investment Insights
Based on property information with market context.
Built in 1900, this duplex at 502 S Linn Avenue in Wentzville features spacious unit layouts and updated finishes. The property is reported as 100% occupied and includes a garage, large yard, and ample parking.
Recent improvements include a new roof and fresh exterior paint completed in 2026. The property is near downtown restaurants, shopping, and major commuter routes, providing convenient access to local amenities and transportation corridors.
Recent improvements include a new roof and fresh exterior paint completed in 2026. The property is near downtown restaurants, shopping, and major commuter routes, providing convenient access to local amenities and transportation corridors.
Key Highlights
- Duplex with spacious layouts and updated finishes
- 100% occupied at the time of listing
- New roof and fresh exterior paint completed in 2026
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
$21,992
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
5.86%
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%
$439,840
$439.8K
Cap Rate 7%
$314,171
$314.2K
Cap Rate 9%
$244,356
$244.4K
Market Conditions
NOI Build-Up for 2,036 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
$33.0K $16.20/SF
− Vacancy
−$1.6K −$0.77/SF
EGI
$31.4K $15.43/SF
− OpEx
−$9.4K −$4.63/SF
NOI
$22.0K $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%
$439,840
Cap Rate 7%
$314,171
Cap Rate 9%
$244,356
Alternative Uses
Best Use
Multifamily LT 5
$314.2K
$274.9K – $366.5K
NOI $21,992 @ 7.0% cap · market cap 5.86%
Second Best
Apartment 5plus
$291.8K
$255.3K – $340.4K
NOI $20,425 @ 7.0% cap · market cap 5.45%
Theoretical Best
Warehouse
$538.8K
$471.5K – $628.7K
NOI $37,719 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
Explore this area
Business Placement
Demographics for 63385, MO
47,756
Population
17,997
Households
2.7
Avg Household Size
36
Median Age
39%
College-Educated
95%
High-School Grad
66.8 sq mi
ZIP Area
715
Density / Sq Mi
$111,851
Median Household Income
$58,782
Median Earnings
$1,221
Median Rent
$321,300
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-unit residential property with updated interiors, a large yard, garage, and on-site parking near downtown amenities.
Where is this duplex located?
The property is located at 502 S Linn Avenue Wentzville, MO.
What is the asking price?
The asking price for this property is $374,999.
What are key features of this property?
This property features: Duplex with spacious layouts and updated finishes; 100% occupied at the time of listing; New roof and fresh exterior paint completed in 2026
