Duplex with
New
For Sale
$625,000
7379 Amherst Ave, Saint Louis, MO 63130
Both residences feature four-bedroom layouts, separate dining rooms, eat-in kitchens and sunrooms with deck access.
Property Size3,518 SF
Price / SF$177.66
Days on Market3
Property Features for 7379 Amherst Ave
General Information
Standard status
Active
Size
3,518 SF
Total Parking Spaces
2
Property subtype
Multi-Family
Units
Unit Mix
2 x 4BR/2BA
Multifamily Units
2
Amenities
laundry facilities
Building Details
Year Built
1936
Buildings
1
Listing Agency:
RE/MAX Realty Experts
Listed By:
KBH Realty Group
(573) 664-1150
Source:
Kbhrealtygroup
Added: Oct 1
Last Checked: Oct 1 at 2:05PM
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 RE/MAX Realty Experts
Investment Insights
Based on property information with market context.
Built in 1936, this 3,518-square-foot duplex has two residences, each with four bedrooms and two bathrooms. Interior features include open layouts, terrazzo floors, stained-glass windows, beamed family rooms with bay windows and stone fireplaces. Separate dining rooms and eat-in kitchens with granite counters, custom cabinets, microwaves and pantries serve each unit. The primary suites have private baths, closet space and glass doors to sunrooms and decks. Additional features include lower-level storage, laundry facilities and a two-car tandem garage.
The property occupies a corner lot across from Mooney Park, with neighborhood restaurants, Clayton and shops within walking distance. One unit is rented; access to that residence is available after an accepted contract. The property is being sold as-is.
The property occupies a corner lot across from Mooney Park, with neighborhood restaurants, Clayton and shops within walking distance. One unit is rented; access to that residence is available after an accepted contract. The property is being sold as-is.
Key Highlights
- Two residences, each with 4 bedrooms and 2 bathrooms
- 3,518‑square‑foot duplex built in 1936
- Sunrooms and decks connect to the primary suites
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
$37,620
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
6.02%
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%
$752,400
$752.4K
Cap Rate 7%
$537,429
$537.4K
Cap Rate 9%
$418,000
$418.0K
Market Conditions
NOI Build-Up for 3,518 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
$57.0K $16.20/SF
− Vacancy
−$3.2K −$0.92/SF
EGI
$53.7K $15.28/SF
− OpEx
−$16.1K −$4.58/SF
NOI
$37.6K $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%
$752,400
Cap Rate 7%
$537,429
Cap Rate 9%
$418,000
Alternative Uses
Best Use
Multifamily LT 5
$537.4K
$470.3K – $627.0K
NOI $37,620 @ 7.0% cap · market cap 6.02%
Second Best
Apartment 5plus
$467.7K
$409.2K – $545.7K
NOI $32,739 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$755.0K
$660.7K – $880.9K
NOI $52,852 @ 7.0% cap · market cap 8.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
512
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Both residences feature four-bedroom layouts, separate dining rooms, eat-in kitchens and sunrooms with deck access.
Where is this duplex located?
The property is located at 7379 Amherst Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Two residences, each with 4 bedrooms and 2 bathrooms; 3,518‑square‑foot duplex built in 1936; Sunrooms and decks connect to the primary suites
