$385,000

7307 Pasadena Boulevard, Pasadena Hills, MO 63121

  • 2,726 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1950
  • Property Lot Size Icon4,278sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $141/sqft
  • Property List Date Icon Listed 20 hours ago

Property Description

Excellent investment opportunity! This well-maintained 4-family apartment building has been under continuous professional management since 2017 and offers a strong rental history with additional upside potential. Each of the four units features an identical 1-bedroom, 1-bathroom floor plan with hardwood flooring throughout the living areas and bedrooms, tile flooring in the kitchens and bathrooms, separate HVAC systems, and individual utility systems. Three units are currently occupied, including two long-term tenants who have been in place since 2016 and 2017, while the third occupied unit was leased in April 2026. The fourth unit recently became vacant after a long-term tenancy, providing an excellent opportunity for an owner-occupant or for a new tenant at current market rent. The shared basement offers washer and dryer hookups for each unit, along with a designated storage area for every apartment. Water, sewer, and trash are included in the rent. Recent capital improvements include major plumbing updates completed in 2026, eight replacement windows installed in 2024, and an electrical system update. This turnkey investment has been professionally managed for years and offers stable occupancy, separate mechanical systems, and immediate value-add potential through leasing the vacant unit. Whether you're expanding your portfolio or purchasing your first multifamily property, this is an opportunity you won't want to miss.

Listing Status:
Active
Date Added:
July 22, 2026
Data Last Updated:
July 23, 2026 at 12:18PM
Listing Office:
Legend Realty : 636-856-0212
MLS ID:
26046073
  • Appliances: MicrowaveGas RangeRefrigerator
  • Laundry: In Basement
  • Basement: ConcreteExterior EntryFullInterior EntryStorage SpaceUnfinishedWalk-Out Access
  • Flooring: Ceramic TileHardwood
  • A/C: Central AirVaries by UnitWall/Window Unit(s)
  • Heating: Forced AirNatural Gas
  • General: None
  • Style: Apartment StyleHistoric
  • Parking: BasementOff StreetOn Street
  • Windows: BlindsDouble Pane WindowsWood Frames
  • General: BrickTwoConcrete Perimeter
  • Originating MLS: maris2
  • School District: Normandy
  • County: St. Louis
  • Zoning: 14H-22-0281
  • Fencing: None
  • Utilities: Single Phase
  • Water: Public
  • Source: maris2
  • Ownership: Private

This listing courtesy of Legend Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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