Duplex with Backyard Storage
715 N Allen St, Centralia, MO 65240
For Sale
New
$259,000
Residential Income, Centralia, MO
Property Size1,612 SF
Price / SF$160.67
Days on Market7
Property Features for 715 N Allen St
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
High school district
Standard status
APN
Size
Additional Details
Tenant in Place
Amenities
large private back yard
shed
Building Details
Year built
Listing Agency:
IAC Realty Group
Listed By:
Gavin Clark
Added: Nov 4
Changed: Nov 8
Last Checked: Nov 10 at 2:06AM
MLS# 12059285
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2005, this duplex contains two separate units, each configured with two bedrooms, one bathroom, and a galley kitchen. The property totals 1,612 square feet and includes a 15-foot-by-30-foot shed in the backyard, along with a private outdoor area. The roof is one year old.
Both units are leased through August 2027, at $950 per unit per month.
Both units are leased through August 2027, at $950 per unit per month.
Key Highlights
- Two units, each with 2 bedrooms and 1 bathroom
- 1,612 square feet total
- Built in 2005
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,208
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,160
$264.2K
Cap Rate 7%
$188,686
$188.7K
Cap Rate 9%
$146,756
$146.8K
Market Conditions
NOI Build-Up for 1,612 SF
Gross rent
$19.7K $12.24/SF
− Vacancy
−$862 −$0.53/SF
EGI
$18.9K $11.71/SF
− OpEx
−$5.7K −$3.51/SF
NOI
$13.2K $8.19/SF
Area
Boone County, MO
Vacancy
4.37%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,160
Cap Rate 7%
$188,686
Cap Rate 9%
$146,756
Alternative Uses
Best Use
Multifamily LT 5
$188.7K
$165.1K – $220.1K
NOI $13,208 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$178.1K
$155.8K – $207.8K
NOI $12,467 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$573.4K
$501.8K – $669.0K
NOI $40,140 @ 7.0% cap · market cap 15.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
196
Businesses Nearby
Explore this area
Business Placement
Demographics for 65240, MO
8,292
Population
3,903
Households
2.1
Avg Household Size
39
Median Age
35%
College-Educated
91%
High-School Grad
180.1 sq mi
ZIP Area
46
Density / Sq Mi
$67,687
Median Household Income
$40,680
Median Earnings
$712
Median Rent
$181,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Duplexes in Boone County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Two leased residences each offer a two-bedroom, one-bath layout with a galley kitchen.
Where is this duplex located?
The property is located at 715 N Allen St Centralia, MO.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Two units, each with 2 bedrooms and 1 bathroom; 1,612 square feet total; Built in 2005
