$3,400,000

1000 Wild Cherry Lane, University City, MO 63130

  • 34,300 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1959
  • Property Lot Size Icon6,534sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $99/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

1000 Wild Cherry Lane presents a rare opportunity to acquire a 28-unit multifamily asset in the heart of University City. The property features an attractive unit mix of spacious three-bedroom, two-bathroom apartments, offering a highly desirable housing option for families and long-term residents. Following a substantial $600,000 price reduction, this offering now presents compelling value for investors seeking strong upside potential in a growing submarket. Large floor plans, consistent rental demand, and a location surrounded by significant public and private investment position this asset for future appreciation and operational growth. The property is strategically located near the ongoing redevelopment and investment along the Olive Boulevard corridor and is just minutes from University City High School, major employers, retail centers, restaurants, and transportation routes. As University City continues to benefit from revitalization efforts and new development, investors have the opportunity to acquire a sizable asset at a significantly improved basis. With 28 oversized units in a supply-constrained market, 1000 Wild Cherry Lane offers scale, strong resident appeal, and long-term investment potential.

Listing Status:
Active
Date Added:
June 2, 2026
Data Last Updated:
July 8, 2026 at 7:19AM
Listing Office:
Salient Realty Group, LLC : 314-374-3687
MLS ID:
26034791
  • Appliances: OvenRefrigerator
  • Basement: None
  • A/C: Central AirGas
  • Heating: Forced AirNatural Gas
  • Style: Apartment Style
  • General: Brick VeneerApartment Style
  • Originating MLS: maris2
  • School District: University City
  • County: St. Louis
  • Zoning: 17K-34-0014
  • Source: maris2
  • Ownership: Private

This listing courtesy of Salient Realty Group, LLC

Monthly Payment

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

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