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Brick Duplex with Basement Laundry

7727 Arthur Avenue, Richmond Heights, MO 63117

For Sale
$439,000

Two units offer dedicated laundry and storage in a shared basement, with one unit currently vacant.

Property Size2,040 SF
Days on Market142

Property Features for 7727 Arthur Avenue

General Information

Standard status Active
Size 2,040 SF
Property subtype 2-4 Units

Additional Details

Multifamily Units 2
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $4,931

Amenities

shared laundry
extra storage
high ceilings
refinished floors
stain glass windows

Building Details

Building Size 2,040 SF
Year Built 1925
Construction solid-brick
Listing Agency: Berkshire Hathaway HomeServices Advantage
Listed By: Stephanie Smith
Source: Thewellsmichaelcollective
Added: Jun 19 Changed: Nov 7 Last Checked: Nov 6 at 3:01PM

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 Berkshire Hathaway HomeServices Advantage

Rey
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Investment Insights

Based on property information with market context.

This 2,040-square-foot duplex was built in 1925 and contains two residential units. Brick construction, tall ceilings, refinished floors, and original stained-glass windows define the interior. Each unit has dedicated laundry in the shared basement, which also provides additional storage. One unit is vacant; the first-floor unit is occupied and pays $1,550 per month.

Building improvements include two HVAC systems installed in June 2026, replacement of the sewer and lateral lines beneath the basement floor in 2026, newer double-hung windows, and newer hot water heaters.

Key Highlights

  • Two‑unit duplex with 2,040 square feet; built in 1925
  • Brick exterior, high ceilings, refinished floors, and original stained‑glass windows
  • One unit is vacant; first‑floor tenant pays $1,550 per month

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$21,815
Cap Rate
4.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$436,300 $436.3K
Cap Rate 7%
$311,643 $311.6K
Cap Rate 9%
$242,389 $242.4K
Market Conditions
NOI Build-Up for 2,040 SF
Gross rent
$33.0K $16.20/SF
− Vacancy
−$1.9K −$0.92/SF
EGI
$31.2K $15.28/SF
− OpEx
−$9.3K −$4.58/SF
NOI
$21.8K $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%
$436,300
Cap Rate 7%
$311,643
Cap Rate 9%
$242,389

Alternative Uses

Best Use
Multifamily LT 5
$311.6K
$272.7K – $363.6K (±1% cap)
NOI $21,815 @ 7.0% cap · market cap 4.97%
Second Best
Apartment 5plus
$271.2K
$237.3K – $316.4K (±1% cap)
NOI $18,984 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$437.8K
$383.1K – $510.8K (±1% cap)
NOI $30,647 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,048
Businesses Nearby

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

Market

Average Price Trend$/SF for Duplexes in St. Louis County, MO

$98.29 Jul
$102 Aug
$99.66 Sep
$104 Oct

Properties on Market for Duplexes in St. Louis County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Two units offer dedicated laundry and storage in a shared basement, with one unit currently vacant.
Where is this duplex located?
The property is located at 7727 Arthur Avenue Richmond Heights, MO.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,040 square feet; built in 1925; Brick exterior, high ceilings, refinished floors, and original stained‑glass windows; One unit is vacant; first‑floor tenant pays $1,550 per month
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