753 Leland Avenue St Louis, MO 63130

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$799,000 Est. $2,942 / mo.*
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Property Type: Multi-family 2-4
Status: Active
Year Built: 1929
Neighborhood: Delmar Garden
Days on Website: 8

Listing courtesy of Salient Realty Group, LLC.

Description

Prime investment opportunity in U-City & walking distance to Washington University & the Delmar Loop. This beautifully renovated building features three spacious units (1,510 SF) with great layouts. All units are 3 bedrooms and 2 bathrooms and have in-unit laundry and central HVAC. The building has updated electrical, plumbing, and HVAC systems. A brand new roof was just installed (Feb 2025). There is plenty of rent upside as well as scheduled rent increases in leases. See attached rent roll for rent information. The property is just down the street from Subtext's new student housing development, LOCAL on Delmar, at Leland and Delmar where rents are expected to be at least $1,000 per room. Owner is a licensed real estate agent in MO.

Open House

Property Details and Features

  • Driveway: None
  • "Some Dishwasher(s)", "Some Microwave(s)", "Some Refrigerator(s)", "Some Range Oven(s)", "Some Shower Bath(s)", "Washer/Dryer"
  • Above Grade Finished Area: 4530 Sq.Ft.
  • Above Grade Finished Area Source: Public Records
  • Construction Materials: "Brick Veneer"
  • Building Age: 96
  • Building Description: Other
  • Year Built: 1929
  • Cooling: "Gas"
  • Disclosures: "Seller Disclosure", "Agent Owned", "Flood Plain No", "Sellers Discl. Avail"
  • Operating Expense Includes: "Cable TV", "Electricity", "Gas", "Insurance", "Water/Sewer", "Taxes", "Maintenance", "Manager", "Snow Removal"
  • Heating: "Forced Air"
  • Heating Included
  • Heat Source: Gas
  • Net Operating Income: 62788
  • Lease Term: Leases
  • Price per Sq.Ft.: $176
  • Transaction Type: Sale
  • Ownership Type: Private
  • Major Area: University City
  • Parcel Number: 18H-41-1366
  • Subdivision Name: Delmar Garden
  • Township: University City
  • Lot Size Acres: 0.0858
  • Lot Size Dimensions: 0042 / 0042 - 0090 / 0090
  • Lot Size Source: County Records
  • Lot Size Square Feet: 3737 Sq.Ft.
  • Misc. Features: Storage Room Avail
  • Features: "Detached Garage - 1-2 Car"
  • Possession: "Close Of Escrow"
  • Type of Units: 3-Family
  • Property Sub Type: Multi-Family 2-4
  • Elementary School: Flynn Park Elem.
  • High School: University City Sr. High
  • High School District: University City
  • Middle Or Junior School: Brittany Woods
  • "Public Sewer"
  • Annual Tax Amount: 8212
  • Tax Legal Description: LOT PT 12 N PT
  • Tax Year: 2024
  • Tenant Pays: "Cable TV", "Electricity", "Gas"
  • Water Source: "Public"

Location

$799,000 - 753 Leland Avenue, St Louis, MO 63130
753 Leland Avenue St Louis, MO 63130
Major Area: University City

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