Renovated Duplex with Short-Term
For Sale
$524,900
7150 Tulane Avenue, University City, MO 63130
Renovated duplex operated as fully furnished short-term rental with two 2-bedroom units and a two-car garage.
Days on Market12
Property Features for 7150 Tulane Avenue
General Information
Standard status
Active
Total Parking Spaces
2
Property subtype
2-4 Units
Additional Details
Business Included
Yes
Building Details
Building Size
2,468 SF
Year Built
1924
Tenancy
Multi
Listing Agency:
Portica Real Estate LLC
(314) 266-6556
Listed By:
Raj Tailor
Source:
Thewellsmichaelcollective
Added: Jul 22
Changed: Jul 31
Last Checked: Aug 1 at 10:50AM
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
Investment Insights
Based on property information with market context.
This renovated duplex has been operated as a fully furnished short-term rental, with flexibility to continue the current use, owner-occupy one unit, or convert to long-term rentals. The property includes two spacious 2-bedroom, 1-bath units. Interior features include refinished hardwood floors, gourmet kitchens with granite countertops, mosaic tile backsplashes, premium appliances, generous bedrooms with walk-in closets, and abundant natural light.
The second-floor unit includes in-unit laundry and bonus flex space. The lower level provides clean, dry storage, additional laundry hookups, and updated systems. A two-car garage completes the property.
Built in 1924, the home is offered fully furnished with high-quality furnishings and an established, successful rental history.
The second-floor unit includes in-unit laundry and bonus flex space. The lower level provides clean, dry storage, additional laundry hookups, and updated systems. A two-car garage completes the property.
Built in 1924, the home is offered fully furnished with high-quality furnishings and an established, successful rental history.
Key Highlights
- Renovated duplex operated as a fully furnished short‑term rental
- Two 2‑bedroom, 1‑bath units with refinished hardwood floors
- Second‑floor unit has in‑unit laundry and bonus flex space
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.0k | $16.20 |
| − Vacancy | −$2.3k | −$0.92 |
| EGI | $37.7k | $15.28 |
| − OpEx | −$11.3k | −$4.58 |
| NOI | $26.4k | $10.69 |
2,468 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$377.0K
$329.9K – $439.9K
NOI $26,392 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$328.1K
$287.1K – $382.8K
NOI $22,967 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$529.7K
$463.5K – $618.0K
NOI $37,077 @ 7.0% cap · market cap 7.06%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Renovated duplex operated as fully furnished short-term rental with two 2-bedroom units and a two-car garage.
Where is this duplex located?
The property is located at 7150 Tulane Avenue University City, MO.
What is the asking price?
The asking price for this property is $524,900.
What are key features of this property?
This property features: Renovated duplex operated as a fully furnished short‑term rental; Two 2‑bedroom, 1‑bath units with refinished hardwood floors; Second‑floor unit has in‑unit laundry and bonus flex space
