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Duplex with Private Basements
For Sale
$202,500
Pending

9421 Stansberry Avenue St, Louis, MO 63134

Residential Income, St Louis, MO

Property Size1,565 SF
Lot Size0.24 Acres
Days on Market55

Property Features for 9421 Stansberry Avenue St

General Information

Property type Residential Multi Family
Property subtype Other
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Basement, Bathroom 2
Subdivision Woodson Hills 3
Elementary school Kratz Elem.
Middle school Hoech Middle
High school Ritenour Sr. High
Elementary school district Ritenour
Middle school district Ritenour
High school district Ritenour
Standard status Pending
APN 13K-43-0463
Size 1,565 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2328

Utilities

Cooling system Central Air

Amenities

private basement

Building Details

Year built 1960
Building materials Brick
Listing Agency: Real Broker LLC
Listed By: Lynne Hart · License #2015021561
Added: Jul 22 Changed: Sep 12 Last Checked: Sep 14 at 3:06AM
MLS# 26034993

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 two-unit residential property at 9421 Stansberry Avenue contains 1,565 square feet on a 0.2369-acre lot. Built in 1960, the brick building includes central air and a private basement for each unit, providing separate storage areas. The property has undergone several significant updates, including a roof replacement in 2019 and replacement of the HVAC systems and water heaters within the last 7 years.

The duplex is located in St Louis, Missouri, within ZIP Code 63134. It is currently producing rental income and is reported to operate at over a 9% cap rate. The configuration combines two residential units with dedicated basement space and updated core systems.

Key Highlights

  • Two‑unit residential property with 1,565 square feet
  • 0.2369‑acre lot at 9421 Stansberry Avenue, St Louis, MO 63134
  • Private basement included with each unit

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
$16,736
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
8.26%
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%
$334,720 $334.7K
Cap Rate 7%
$239,086 $239.1K
Cap Rate 9%
$185,956 $186.0K
Market Conditions
NOI Build-Up for 1,565 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
$25.4K $16.20/SF
− Vacancy
−$1.4K −$0.92/SF
EGI
$23.9K $15.28/SF
− OpEx
−$7.2K −$4.58/SF
NOI
$16.7K $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%
$334,720
Cap Rate 7%
$239,086
Cap Rate 9%
$185,956

Alternative Uses

Best Use
Multifamily LT 5
$239.1K
$209.2K – $278.9K (±1% cap)
NOI $16,736 @ 7.0% cap · market cap 8.26%
Second Best
Apartment 5plus
$208.1K
$182.1K – $242.7K (±1% cap)
NOI $14,564 @ 7.0% cap · market cap 7.19%
Theoretical Best
Office A
$335.9K
$293.9K – $391.9K (±1% cap)
NOI $23,511 @ 7.0% cap · market cap 11.61%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

373
Businesses Nearby

Demographics for 63134, MO

12,737
Population
5,675
Households
2.2
Avg Household Size
35
Median Age
17%
College-Educated
86%
High-School Grad
8.3 sq mi
ZIP Area
1,535
Density / Sq Mi
$42,222
Median Household Income
$32,136
Median Earnings
$1,107
Median Rent
$92,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Brick two-unit property with central air, individual basement storage, and recent major building-system upgrades.
Where is this duplex located?
The property is located at 9421 Stansberry Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $202,500.
What are key features of this property?
This property features: Two‑unit residential property with 1,565 square feet; 0.2369‑acre lot at 9421 Stansberry Avenue, St Louis, MO 63134; Private basement included with each unit
More about this property
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