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Brick Duplex with Basement

999-1001 Cole Boulevard, Saint Charles, MO 63301

For Sale
$325,000

Residential Income, St Charles, MO

Property Size2,171 SF
Lot Size0.31 Acres
Price / SF$149.70
Days on Market50

Property Features for 999-1001 Cole Boulevard

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking features Driveway, Off Street
Subdivision Willow Brook #1
Elementary school George M. Null Elem.
Middle school Jefferson / Hardin
High school St. Charles West High
Elementary school district St. Charles R-VI
Middle school district St. Charles R-VI
High school district St. Charles R-VI
Directions GPS
Standard status Active
APN 6-005D-4130-00-0066.0000000
Size 2,171 SF
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2948

Utilities

Cooling system Central Air

Building Details

Year built 1968
Building materials Brick
Architectural style Contemporary
Listing Agency: The Hermann London Group LLC
Listed By: Evelyn Sharp-Heitert
Added: Sep 19 Changed: Oct 16 Last Checked: Nov 7 at 2:06AM
MLS# 26060592

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 2,171-square-foot duplex sits on a 0.3079-acre lot in St. Charles, Missouri. Built in 1968, the property features brick construction, a contemporary architectural style, central air, a basement, driveway parking, and additional off-street parking. The building contains two residential units and is currently fully occupied.

Tenants are responsible for their own utilities and lawn care, reducing the owner’s direct maintenance obligations. The property is located in an established St. Charles neighborhood with access to shopping, dining, employment centers, McNair Park, and major roadways.

Key Highlights

  • Two‑unit duplex with 2,171 square feet
  • 0.3079‑acre lot in St. Charles, MO
  • Fully occupied with tenants in place

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,450
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,000 $469.0K
Cap Rate 7%
$335,000 $335.0K
Cap Rate 9%
$260,556 $260.6K
Market Conditions
NOI Build-Up for 2,171 SF
Gross rent
$35.2K $16.20/SF
− Vacancy
−$1.7K −$0.77/SF
EGI
$33.5K $15.43/SF
− OpEx
−$10.0K −$4.63/SF
NOI
$23.4K $10.80/SF
Area
St. Charles County, MO
Vacancy
4.75%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,000
Cap Rate 7%
$335,000
Cap Rate 9%
$260,556

Alternative Uses

Best Use
Multifamily LT 5
$335.0K
$293.1K – $390.8K (±1% cap)
NOI $23,450 @ 7.0% cap · market cap 7.22%
Second Best
Apartment 5plus
$311.1K
$272.2K – $363.0K (±1% cap)
NOI $21,779 @ 7.0% cap · market cap 6.70%
Theoretical Best
Warehouse
$574.6K
$502.8K – $670.3K (±1% cap)
NOI $40,220 @ 7.0% cap · market cap 12.38%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

319
Businesses Nearby

Demographics for 63301, MO

50,890
Population
22,687
Households
2.2
Avg Household Size
39
Median Age
39%
College-Educated
94%
High-School Grad
84.3 sq mi
ZIP Area
604
Density / Sq Mi
$83,551
Median Household Income
$46,433
Median Earnings
$1,093
Median Rent
$249,400
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

Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied duplex with central air, off-street parking, and tenant-paid utilities and lawn care.
Where is this duplex located?
The property is located at 999-1001 Cole Boulevard Saint Charles, MO.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑unit duplex with 2,171 square feet; 0.3079‑acre lot in St. Charles, MO; Fully occupied with tenants in place
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