Brick Duplex with Private
For Sale
$205,000
9421 Stansberry Avenue St, Louis, MO 63134
MULTI_FAMILY - St Louis, MO
Property Size1,565 SF
Lot Size0.24 Acres
Price / SF$130.99
Days on Market22
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
Active
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
Building Details
Year built
1960
Building materials
Brick
Listing Agency:
Real Broker LLC
(573) 520-3099
Listed By:
Lynne Hart · License #2015021561
(855) 450-0442
Added: Jul 22
Changed: Jul 31
Last Checked: Aug 12 at 7:06PM
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 turnkey duplex at 9421 Stansberry Avenue in St. Louis is built with brick construction and supported by central air conditioning. The property totals 1,565 square feet and was built in 1960. Each unit includes its own private basement, providing additional storage space.
Major capital improvements include a new roof installed in 2019. HVAC systems and water heaters were replaced within the last 7 years, supporting long-term operational reliability.
The current configuration is designed for straightforward income generation, with gross rental income reported at $1,900 per month. It is currently operating at nearly a 9% cap rate, with room to increase.
Major capital improvements include a new roof installed in 2019. HVAC systems and water heaters were replaced within the last 7 years, supporting long-term operational reliability.
The current configuration is designed for straightforward income generation, with gross rental income reported at $1,900 per month. It is currently operating at nearly a 9% cap rate, with room to increase.
Key Highlights
- Brick duplex built in 1960 totaling 1,565 SF
- Each unit features its own private basement
- New roof installed in 2019
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
8.16%
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
NOI $16,736 @ 7.0% cap · market cap 8.16%
Second Best
Apartment 5plus
$208.1K
$182.1K – $242.7K
NOI $14,564 @ 7.0% cap · market cap 7.10%
Theoretical Best
Office A
$335.9K
$293.9K – $391.9K
NOI $23,511 @ 7.0% cap · market cap 11.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Turnkey duplex with central air, brick construction, and each unit with a private basement for added storage.
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 $205,000.
What are key features of this property?
This property features: Brick duplex built in 1960 totaling 1,565 SF; Each unit features its own private basement; New roof installed in 2019
