Updated
For Sale
$305,000
5318 Gilson Ave, Saint Louis, MO 63116
One residence is leased, while the second unit offers a separate two-bedroom, one-bath layout.
Property Size2,350 SF
Price / SF$129.79
Days on Market16
Property Features for 5318 Gilson Ave
General Information
Standard status
Active
Size
2,350 SF
Property subtype
Residential Income
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Building Details
Buildings
1
Listing Agency:
EXP Realty, LLC
(866) 224-1761
Listed By:
Benjamin Wedi · License #2024035792
(314) 828-9619
Source:
Exprealty
Added: Sep 30
Changed: Oct 13
Last Checked: Oct 12 at 10:35PM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
This duplex contains two residences, each with two bedrooms and one full bathroom. Both units have updated kitchens and bathrooms, new flooring, and stainless steel appliances. The property totals 2,350 square feet, with one unit currently leased.
Located at 5318 Gilson Ave in Saint Louis, the property provides a two-unit configuration with a mix of occupied and available space.
Located at 5318 Gilson Ave in Saint Louis, the property provides a two-unit configuration with a mix of occupied and available space.
Key Highlights
- Two units, each with 2 bedrooms and 1 full bathroom
- 2,350 square feet total
- Both units feature refreshed kitchens and bathrooms, new flooring, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,130
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$502,600
$502.6K
Cap Rate 7%
$359,000
$359.0K
Cap Rate 9%
$279,222
$279.2K
Market Conditions
NOI Build-Up for 2,350 SF
Gross rent
$38.1K $16.20/SF
− Vacancy
−$2.2K −$0.92/SF
EGI
$35.9K $15.28/SF
− OpEx
−$10.8K −$4.58/SF
NOI
$25.1K $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 Rate 5%
$502,600
Cap Rate 7%
$359,000
Cap Rate 9%
$279,222
Alternative Uses
Best Use
Multifamily LT 5
$359.0K
$314.1K – $418.8K
NOI $25,130 @ 7.0% cap · market cap 8.24%
Second Best
Apartment 5plus
$312.4K
$273.4K – $364.5K
NOI $21,869 @ 7.0% cap · market cap 7.17%
Theoretical Best
Office A
$504.4K
$441.3K – $588.4K
NOI $35,305 @ 7.0% cap · market cap 11.58%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
761
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
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - One residence is leased, while the second unit offers a separate two-bedroom, one-bath layout.
Where is this duplex located?
The property is located at 5318 Gilson Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 full bathroom; 2,350 square feet total; Both units feature refreshed kitchens and bathrooms, new flooring, and stainless steel appliances
