Building Details

Building Size 2,912 SF

Year Built 1930

Construction Tudor

Listing Agency: Coldwell Banker Premier Group

Listed By: Marcinda DeArriba Show Phone

Source: Aimeesimpson

Added: Aug 11 Changed: Sep 24 Last Checked: Oct 5 at 9:22PM

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Investment Insights

Based on property information with market context.

This 1930-built duplex combines original Tudor detailing with substantial updates. Both residences contain 3 bedrooms, while preserved interior elements include terrazzo and hardwood flooring, exposed beams, stained glass, and period millwork. Improvements include high-efficiency heating and cooling, a 50-gallon water heater, tuckpointing, interior paint, and updated appliances. The property also includes an attached one-car garage and an enclosed backyard.

The upper residence is leased through May 2027, while the main-level unit is vacant and ready for occupancy. This configuration supports continued rental use or an owner-occupancy arrangement. The property is located in University City near parks, restaurants, shopping, and Washington University.

Key Highlights

• Duplex with two 3‑bedroom units
• Upper unit leased through May 2027
• Vacant main‑floor unit ready for occupancy

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$31,140

Cap Rate

7.08%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$622,800 $622.8K

Cap Rate 7%

$444,857 $444.9K

Cap Rate 9%

$346,000 $346.0K

Market Conditions

NOI Build-Up for 2,912 SF

Gross rent

$47.2K $16.20/SF

− Vacancy

−$2.7K −$0.92/SF

EGI

$44.5K $15.28/SF

− OpEx

−$13.3K −$4.58/SF

NOI

$31.1K $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%

$622,800

Cap Rate 7%

$444,857

Cap Rate 9%

$346,000

Alternative Uses

Best Use

Multifamily LT 5

$444.9K

$389.3K – $519.0K (±1% cap)

NOI $31,140 @ 7.0% cap · market cap 7.08%

Second Best

Apartment 5plus

$387.1K

$338.7K – $451.7K (±1% cap)

NOI $27,099 @ 7.0% cap · market cap 6.16%

Theoretical Best

Office A

$625.0K

$546.9K – $729.1K (±1% cap)

NOI $43,748 @ 7.0% cap · market cap 9.94%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Food Market Law Firm Grocery & Convenience Store Spa & Massage Center

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

584

Businesses Nearby

Explore this area Business Placement

Demographics for 63130, MO

29,454

Population

14,106

Households

2.1

Avg Household Size

35

Median Age

64%

College-Educated

97%

High-School Grad

5.0 sq mi

ZIP Area

5,891

Density / Sq Mi

$81,103

Median Household Income

$50,407

Median Earnings

$1,199

Median Rent

$285,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Historic architectural character accompanies refreshed interiors, flexible occupancy, and an attached garage.

Where is this duplex located?

The property is located at 7108 Tulane Avenue University City, MO.

What is the asking price?

The asking price for this property is $440,000.

What are key features of this property?

This property features: Duplex with two 3‑bedroom units; Upper unit leased through May 2027; Vacant main‑floor unit ready for occupancy