Brick Duplex with Tuck-Under
For Sale
$275,000
6652 Marmaduke Ave, Saint Louis, MO 63139
Two leased units feature flexible bonus rooms, shared basement storage, and a fenced backyard near parks, dining, shopping, and highways.
Property Size2,280 SF
Price / SF$120.61
Days on Market16
Property Features for 6652 Marmaduke Ave
General Information
Standard status
Active
Size
2,280 SF
Total Parking Spaces
2
Property subtype
Residential Income
Occupancy
100%
Financials
Gross Income
$18,600
Average Monthly Rent
$775
Units
Unit Mix
2 x 1+BR/1BA
Multifamily Units
2
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$3,100
Amenities
laundry
storage
fenced backyard
Building Details
Buildings
1
Construction
brick
Tenancy
Multi
Listing Agency:
Garcia Properties
(314) 337-9534
Listed By:
Dane Smith
(314) 337-9534
Source:
Exprealty
Added: Jul 28
Changed: Aug 11
Last Checked: Aug 11 at 12:04PM
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 Garcia Properties
Investment Insights
Based on property information with market context.
This historic brick duplex contains 2,280 SF across two units, each with 1+ bedroom and 1 full bath. Both residences include naturally lit living areas, separate dining rooms, oversized eat-in kitchens with extensive cabinetry and pantries, plus bonus rooms adjacent to the kitchens. The bathrooms are equipped with shower-and-tub combinations.
Shared basement access provides laundry and storage space, while the property also includes a 2-car tuck-under garage and a level fenced backyard. The building has a 1-year-old roof and is currently occupied by month-to-month tenants. Located near parks, restaurants, shopping, and highway access, the property is positioned for continued residential use with existing rental occupancy.
Shared basement access provides laundry and storage space, while the property also includes a 2-car tuck-under garage and a level fenced backyard. The building has a 1-year-old roof and is currently occupied by month-to-month tenants. Located near parks, restaurants, shopping, and highway access, the property is positioned for continued residential use with existing rental occupancy.
Key Highlights
- 2,280 SF brick duplex with two 1+ bedroom, 1‑bath units
- Both units are currently rented month‑to‑month
- Shared basement includes laundry and storage
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
$24,381
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
8.87%
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%
$487,620
$487.6K
Cap Rate 7%
$348,300
$348.3K
Cap Rate 9%
$270,900
$270.9K
Market Conditions
NOI Build-Up for 2,280 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
$36.9K $16.20/SF
− Vacancy
−$2.1K −$0.92/SF
EGI
$34.8K $15.28/SF
− OpEx
−$10.4K −$4.58/SF
NOI
$24.4K $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%
$487,620
Cap Rate 7%
$348,300
Cap Rate 9%
$270,900
Alternative Uses
Best Use
Multifamily LT 5
$348.3K
$304.8K – $406.4K
NOI $24,381 @ 7.0% cap · market cap 8.87%
Second Best
Apartment 5plus
$303.1K
$265.2K – $353.6K
NOI $21,218 @ 7.0% cap · market cap 7.72%
Theoretical Best
Office A
$489.3K
$428.2K – $570.9K
NOI $34,253 @ 7.0% cap · market cap 12.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
720
Businesses Nearby
Explore this area
Business Placement
Demographics for 63139, MO
21,971
Population
12,187
Households
1.8
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
3.8 sq mi
ZIP Area
5,782
Density / Sq Mi
$74,749
Median Household Income
$52,298
Median Earnings
$1,086
Median Rent
$199,400
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 leased units feature flexible bonus rooms, shared basement storage, and a fenced backyard near parks, dining, shopping, and highways.
Where is this duplex located?
The property is located at 6652 Marmaduke Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 2,280 SF brick duplex with two 1+ bedroom, 1‑bath units; Both units are currently rented month‑to‑month; Shared basement includes laundry and storage
