Under-Construction Duplex With
721 A & B W Cornhill Cameron, MO 64429
721 A & B W Cornhill, Cameron, MO, 64429
$255,000
For Sale
$255,000
MULTI_FAMILY - Cameron, MO
Property Size1,600 SF
Price / SF$159.38
Days on Market81
Property Features for 721 A & B W Cornhill
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
Listing Agency
The OConnor Agency - United Country Real Estate
(816) 632-3721
1309 N Walnut Suite A PO Box 286, Cameron, MO
Listed by
Bruce Witt
(816) 632-3721
Added: Apr 29 Checked: Jul 18 at 2:06 am
MLS# 11866639
Listing URL
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.
Investment Insights
Based on property information with market context.
Under construction duplex at 721 A & B W Cornhill in Cameron, Missouri, featuring two side-by-side units. Each side is planned as a 1-bedroom, 1-bath layout with approximately 800 square feet per unit.
The property is located on the south side of Cameron, near parks, schools, and the VA Home. Off-road parking is included, supporting convenient day-to-day access for residents. Quality construction is underway, with the duplex configured as separate, residential income units from the start.
The property is located on the south side of Cameron, near parks, schools, and the VA Home. Off-road parking is included, supporting convenient day-to-day access for residents. Quality construction is underway, with the duplex configured as separate, residential income units from the start.
Key Highlights
- Under construction 1BD/1BA each side duplex
- Each unit offers 800 SF
- Off‑road parking
Local 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 | $27.8k | $17.40 |
| − Vacancy | −$1.7k | −$1.07 |
| EGI | $26.1k | $16.33 |
| − OpEx | −$7.8k | −$4.90 |
| NOI | $18.3k | $11.43 |
1,600 SF · lease $17.40/SF/yr · vacancy 6.17% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$261.2K
$228.6K – $304.8K
NOI $18,286 @ 7.0% cap · market cap 7.17%
Second Best
Apartment 5plus
$239.8K
$209.8K – $279.8K
NOI $16,785 @ 7.0% cap · market cap 6.58%
Theoretical Best
Retail
$353.5K
$309.3K – $412.5K
NOI $24,747 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - A new duplex under construction with two 1-bedroom, 1-bath units, each with off-road parking.
Where is this duplex located?
The property is located at 721 A & B W Cornhill Cameron, MO.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Under construction 1BD/1BA each side duplex; Each unit offers 800 SF; Off‑road parking