Renovated Furnished
For Sale
$499,900
7150 Tulane Ave, University City, MO 63130
Updated residential property with two separate units, furnished interiors, rental history, and a detached two-car garage.
Property Size2,468 SF
Price / SF$202.55
Days on Market82
Property Features for 7150 Tulane Ave
General Information
Standard status
Active
Size
2,468 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Furnished
Yes
Business Included
Yes
Building Details
Year Built
1924
Listing Agency:
Portica Real Estate LLC
Listed By:
Raj Tailor
(314) 266-6556
Source:
Nations-network
Added: Jul 27
Changed: Oct 8
Last Checked: Oct 7 at 4:31PM
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 Portica Real Estate LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This renovated duplex contains two 2-bedroom, 1-bath units in a residential building constructed in 1924. Both units include refinished hardwood flooring, granite kitchen countertops, mosaic tile backsplashes, premium appliances, walk-in closets, and abundant natural light. The upper unit adds in-unit laundry and flexible bonus space, while the lower level provides clean, dry storage, additional laundry hookups, and updated systems.
The property has been operated as a fully furnished short-term rental and includes its furnishings. A two-car garage serves the property, and the address is 7150 Tulane Ave in University City, Missouri. The layout also supports separate occupancy, continued short-term rental use, or conversion to long-term residential leasing.
The property has been operated as a fully furnished short-term rental and includes its furnishings. A two-car garage serves the property, and the address is 7150 Tulane Ave in University City, Missouri. The layout also supports separate occupancy, continued short-term rental use, or conversion to long-term residential leasing.
Key Highlights
- Two 2‑bedroom, 1‑bath units
- Fully furnished with established short‑term rental history
- Renovated kitchens with granite countertops, mosaic tile backsplashes, and premium appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$26,392
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$527,840
$527.8K
Cap Rate 7%
$377,029
$377.0K
Cap Rate 9%
$293,244
$293.2K
Market Conditions
NOI Build-Up for 2,468 SF
Gross rent
$40.0K $16.20/SF
− Vacancy
−$2.3K −$0.92/SF
EGI
$37.7K $15.28/SF
− OpEx
−$11.3K −$4.58/SF
NOI
$26.4K $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 Rate 5%
$527,840
Cap Rate 7%
$377,029
Cap Rate 9%
$293,244
Alternative Uses
Best Use
Multifamily LT 5
$377.0K
$329.9K – $439.9K
NOI $26,392 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$328.1K
$287.1K – $382.8K
NOI $22,967 @ 7.0% cap · market cap 4.59%
Theoretical Best
Office A
$529.7K
$463.5K – $618.0K
NOI $37,077 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
490
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
Frequently Asked Questions
What type of property is this?
Duplex - Updated residential property with two separate units, furnished interiors, rental history, and a detached two-car garage.
Where is this duplex located?
The property is located at 7150 Tulane Ave University City, MO.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units; Fully furnished with established short‑term rental history; Renovated kitchens with granite countertops, mosaic tile backsplashes, and premium appliances
