$795,000

738 Kingsland Avenue, University City, MO 63130

4,212 sqft

Multi-Family Home
Built in 1929
5,001sqft lot
—— car garage
$189/sqft
Listed 22 hours ago

Property Description

Fantastic Opportunity to own a large 3-unit investment property in the heart of the booming Delmar Loop. Ideally situated right next to Washington University, this attractively located property offers many amenities that will keep it high-performing for decades to come. Large 3-bedroom units feature many updates, with completely new plumbing to kitchens and baths, hardwood floors throughout, and renovated kitchens with stainless appliances. Central AC & Forced Air heat, roof in great shape redone in the past few years, impeccable brickwork. Off street parking pad in the rear, metal fire escape in great shape. Clean basement with storage lockers for all units, updated electrical panels. A motivated owner will thrive leasing these 3-bedroom units at a quite achievable $2250 market rate as-is. Wash U charges $1700+ *per person* monthly for tiny dorms -- students flock to the Delmar Loop for all the shops, restaurants, bars and more that it has to offer! With further simple upgrades like in-unit laundry or furnishing the apartment for students, the sky's the limit: others on this block have achieved $3,200/mo+ rents for 3-bedroom units with laundry, furnishings, etc.. Offered at Pro Forma 7.1 Cap rate at market rents, will not last long, call today

Listing Status:: Active
Date Added:: February 16, 2026
Data Last Updated:: February 17, 2026 at 7:16PM
Listing Office:: Evan Kuhn, Broker : 630-639-7069
MLS ID:: 26007450

Laundry: In Basement
Basement: Concrete
Flooring: Hardwood
A/C: Central Air
Heating: Forced Air

General: Awning(s)
Style: Mid-Rise 3or4 Story

Roofing: Flat
General: BrickMid-Rise 3or4 Story

Originating MLS: maris2
School District: University City
County: St. Louis

Zoning: 18J-62-0462

Utilities: Cable AvailableElectricity AvailableNatural Gas AvailablePhone AvailableSewer ConnectedWater Available
Water: Public

Source: maris2

This listing courtesy of Evan Kuhn, Broker

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Pershing Elementary School

6761 Bartmer Ave, Saint Louis, MO, 63130

Grades KG-5

0.54 miles away

Brittany Woods Middle School

8125 Groby Rd, Saint Louis, MO, 63130

Grades 6-8

2.21 miles away

University City High School

7401 Balson Ave, Saint Louis, MO, 63130

Grades 9-12

1.25 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.