Two-Family Duplex with Three-Bedroom
7508 - 10 Ethel Avenue, Richmond Heights, MO 63117
For Sale
New
$390,000
Residential Income, Richmond Heights, MO
Property Size2,632 SF
Price / SF$148.18
Days on Market4
Property Features for 7508 - 10 Ethel Avenue
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Basement
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Utilities
Cooling system
Water source
Building Details
Year built
Building materials
Listing Agency:
Realty Exchange · Coldwell Banker Real Estate
(314) 647-2220
Listed By:
Michael McGuire
(314) 707-4780
Added: Nov 4
Changed: Nov 5
Last Checked: Nov 7 at 2:06PM
MLS# 26070362
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.
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Investment Insights
Based on property information with market context.
This two-family duplex contains two three-bedroom units within a 2,632-square-foot building. The 1955-built property has brick construction and central air, with public water serving the building. Basement space is also included.
Located in Richmond Heights, the property offers a residential configuration with two units and six bedrooms in total.
Located in Richmond Heights, the property offers a residential configuration with two units and six bedrooms in total.
Key Highlights
- Two three‑bedroom units
- 2,632‑square‑foot building
- Built in 1955
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,146
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$562,920
$562.9K
Cap Rate 7%
$402,086
$402.1K
Cap Rate 9%
$312,733
$312.7K
Market Conditions
NOI Build-Up for 2,632 SF
Gross rent
$42.6K $16.20/SF
− Vacancy
−$2.4K −$0.92/SF
EGI
$40.2K $15.28/SF
− OpEx
−$12.1K −$4.58/SF
NOI
$28.1K $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%
$562,920
Cap Rate 7%
$402,086
Cap Rate 9%
$312,733
Alternative Uses
Best Use
Multifamily LT 5
$402.1K
$351.8K – $469.1K
NOI $28,146 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$349.9K
$306.2K – $408.2K
NOI $24,493 @ 7.0% cap · market cap 6.28%
Theoretical Best
Office A
$564.9K
$494.3K – $659.0K
NOI $39,541 @ 7.0% cap · market cap 10.14%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,280
Businesses Nearby
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Business Placement
Demographics for 63117, MO
9,660
Population
4,917
Households
2
Avg Household Size
37
Median Age
74%
College-Educated
99%
High-School Grad
2.4 sq mi
ZIP Area
4,025
Density / Sq Mi
$86,667
Median Household Income
$59,872
Median Earnings
$1,216
Median Rent
$330,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Duplexes in St. Louis County, MO
Properties on Market for Duplexes in St. Louis County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Brick construction, central air, and public water serve both residential units.
Where is this duplex located?
The property is located at 7508 - 10 Ethel Avenue Richmond Heights, MO.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Two three‑bedroom units; 2,632‑square‑foot building; Built in 1955
