Renovated Furnished
For Sale
$524,900
7150 Tulane Avenue, University City, MO 63130
Residential Income, University City, MO
Property Size2,468 SF
Lot Size0.09 Acres
Price / SF$212.68
Days on Market48
Property Features for 7150 Tulane Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Subdivision
University Park
Elementary school
Flynn Park Elem.
Middle school
Brittany Woods
High school
University City Sr. High
Elementary school district
University City
Middle school district
University City
High school district
University City
Standard status
Active
APN
18J-53-1757
Size
2,468 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
4074
Utilities
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1924
Building materials
Brick
Architectural style
Other
Listing Agency:
Portica Real Estate LLC
(314) 266-6556
Listed By:
Raj Tailor
(314) 952-5472
Added: Jul 22
Changed: Aug 19
Last Checked: Sep 7 at 5:06PM
MLS# 26045807
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,468-square-foot duplex, built in 1924, contains two two-bedroom, one-bath units and is offered furnished. Renovations include refinished hardwood floors, granite kitchen counters, mosaic tile backsplashes, premium appliances, walk-in closets, and abundant natural light. The second-floor residence adds in-unit laundry and bonus flex space, while the lower level provides dry storage and additional laundry hookups. A two-car garage, brick construction, forced-air heat, central air, and public water complete the property.
Located at 7150 Tulane Avenue in University City, Missouri, the property has been operated as a fully furnished short-term rental and includes an established rental history. Its configuration also supports owner occupancy of one unit or use as long-term rentals. The parcel encompasses 0.0918 acres.
Located at 7150 Tulane Avenue in University City, Missouri, the property has been operated as a fully furnished short-term rental and includes an established rental history. Its configuration also supports owner occupancy of one unit or use as long-term rentals. The parcel encompasses 0.0918 acres.
Key Highlights
- 2,468‑square‑foot duplex with two 2‑bedroom, 1‑bath units
- Fully furnished property with established short‑term rental history
- Renovated interiors include granite counters, tile backsplashes, hardwood floors, and premium appliances
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
$26,392
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
5.03%
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%
$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
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
$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 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%
$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 5.03%
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
Property Profile
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two two-bedroom units feature updated kitchens, hardwood flooring, and flexible rental-use potential.
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: 2,468‑square‑foot duplex with two 2‑bedroom, 1‑bath units; Fully furnished property with established short‑term rental history; Renovated interiors include granite counters, tile backsplashes, hardwood floors, and premium appliances
