Search
Brick Duplex with Two-Car Carport
For Sale
$300,000

5241 Sutherland Ave, Saint Louis, MO 63109

Two residential units offer matching two-bedroom, one-bath layouts with hardwood floors, separate dining areas, and central air.

Property Size2,300 SF
Price / SF$130.43
Days on Market151

Property Features for 5241 Sutherland Ave

General Information

Standard status Active
Size 2,300 SF
Total Parking Spaces 2
Property subtype Residential Income

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $3,541

Amenities

central air
forced-air natural gas heating
basement with laundry

Building Details

Buildings 1
Construction brick
Listing Agency: Compass Realty Group
Listed By: Lindsey Jacobs
Source: Exprealty
Added: Apr 17 Changed: Sep 12 Last Checked: Sep 13 at 4:39PM

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 brick duplex contains two residential units, each arranged with 2 bedrooms and 1 full bath. Both residences include spacious living areas, separate dining rooms, hardwood flooring, crown molding, built-in features, and strong natural light. Interior updates date to approximately 20 years ago, while the kitchens provide room for buyer-selected finishes and customization.

Property systems include PVC plumbing, an updated 150-amp electrical panel, newer water heaters, central air, and forced-air natural gas heat. The HVAC system is approximately 20 years old. An unfinished walk-up basement provides laundry space, and the property includes a two-car carport. Located at 5241 Sutherland Ave in Saint Louis, the duplex offers the option to occupy one unit while renting the other or use both units for a flexible household arrangement.

Key Highlights

  • Two units, each with 2 bedrooms and 1 full bath
  • 2,300 property size
  • Brick construction with hardwood floors, crown molding, and built‑in details

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
$24,595
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
8.20%
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%
$491,900 $491.9K
Cap Rate 7%
$351,357 $351.4K
Cap Rate 9%
$273,278 $273.3K
Market Conditions
NOI Build-Up for 2,300 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
$37.3K $16.20/SF
− Vacancy
−$2.1K −$0.92/SF
EGI
$35.1K $15.28/SF
− OpEx
−$10.5K −$4.58/SF
NOI
$24.6K $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%
$491,900
Cap Rate 7%
$351,357
Cap Rate 9%
$273,278

Alternative Uses

Best Use
Multifamily LT 5
$351.4K
$307.4K – $409.9K (±1% cap)
NOI $24,595 @ 7.0% cap · market cap 8.20%
Second Best
Apartment 5plus
$305.8K
$267.6K – $356.7K (±1% cap)
NOI $21,404 @ 7.0% cap · market cap 7.13%
Theoretical Best
Office A
$493.6K
$431.9K – $575.9K (±1% cap)
NOI $34,553 @ 7.0% cap · market cap 11.52%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Parking Lot & Garage Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

853
Businesses Nearby

Demographics for 63109, MO

26,777
Population
14,963
Households
1.8
Avg Household Size
39
Median Age
52%
College-Educated
96%
High-School Grad
3.5 sq mi
ZIP Area
7,651
Density / Sq Mi
$71,563
Median Household Income
$52,245
Median Earnings
$929
Median Rent
$244,900
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

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Two residential units offer matching two-bedroom, one-bath layouts with hardwood floors, separate dining areas, and central air.
Where is this duplex located?
The property is located at 5241 Sutherland Ave Saint Louis, 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 units, each with 2 bedrooms and 1 full bath; 2,300 property size; Brick construction with hardwood floors, crown molding, and built‑in details
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message