Active

753 Leland Avenue

St Louis MO, 63130

$799,000


$176.38 per sqft

Active

4,530 sqft

Multi-family

Built in 1929

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.

25008280

MLS ID

February 14, 2025

Listed

February 16, 2025

Updated

Interior Features

Appliances

Some Dishwasher(s), Some Microwave(s), Some Refrigerator(s), Some Range Oven(s), Some Shower Bath(s), Washer/Dryer


Fireplace

No


Cooling

Yes


Cooling Description

Gas


Heating

Yes


Heating Description

Forced Air

Exterior/Building Features

Lot Size

0.09 Acres


Sewer

Public Sewer

School Information

School District

University City


High School

University City Sr. High


Elementary School

Flynn Park Elem.

Other Property Details

Area Name

University City


Taxes

$8,212


Tax Frequency

Annually


Days on Market

2


Garage

No


Parking

Detached Garage - 1-2 Car


View

No


County

St Louis


Municipality

University City


Water Source

Public


Pool

No

Courtesy of Salient Realty Group, LLC, Garen Lafser

Listings displaying the MARIS logo are courtesy of the participants of MO - Mid America Regional Information Systems (MARIS) Internet Data Exchange. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Bethany DeMaggio shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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