7307 Pasadena Blvd, Pasadena Hills, MO 63121
- $365,000
- 2,726
- SqFt
- List Price
- $365,000
- Price Change
- ▼ $20,000 1792613472
- Days on Market
- 95
- MLS#
- 26046073
- Status
- ACTIVE
- Living Sq. Ft
- 2,726
- Lot Size
- 4,277
- Acres
- 0.10
- Year Built
- 1950
- Subdivision
- Pasadena Hills Sec One
- Municipality
- Pasadena Hills
- County
- St. Louis
- Listing Type
- Multifamily
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. All units are currently occupied, including two long-term tenants who have been in place since 2016 and 2017. 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.
Additional Information
- School District
- Normandy
- Elementary School
- Bel-Nor Elem.
- Jr. High School
- Bel-Nor Middle School
- Sr. High School
- Normandy High
- Parking Description
- Basement, Off Street, On Street
- Cooling
- Central Air, Varies By Unit, Window/Wall
- Heating
- Forced Air, Natural Gas
- Water
- Public
- Selling Terms
- Cash, Conventional
Listing courtesy of Tiffany Gerling. Legend Realty
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