Two-Family Residential Income
7347 Delmar Boulevard University City, MO 63130
For Sale
$379,500
MULTI_FAMILY - Colonial - University City, MO
Property Size2,480 SF
Lot Size0.13 Acres
Price / SF$153.02
Days on Market18
Property Features for 7347 Delmar Boulevard
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bathroom 1, Bathroom 2, Dining Room, Bedroom 4, Bedroom 2, Bedroom 3, Basement
- Parking features
- Carport, On Street, Driveway
- Window features
- Storm Window(s)
- Interior features
- Ceiling Fan(s), Eat-in Kitchen, Separate Dining, Shower
- Fireplace
- 1
- Basement
- Full, Interior Entry, Storage Space, Unfinished
- Appliances
- Dishwasher, Disposal, Free-Standing Gas Oven, Refrigerator, Gas Water Heater
- Standard status
- Active
- APN
- 18J-42-1494
- Size
- 2,480 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 4441
Utilities
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air, Ceiling Fan(s)
Building Details
- Year built
- 1941
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Tile - Ceramic, Hardwood
- Building materials
- Brick
- Roof type
- Shingle
- Architectural style
- Colonial
Listing Agency:
Realty Exchange
(314) 647-2220
Listed By:
Constantine Benos · License #1999111555
(314) 647-2220
Added: Jul 7
Changed: Jul 22
Last Checked: Jul 24 at 11:06AM
MLS# 26001765
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This spacious two-family property features beautiful hardwood floors, notable architectural character, and central air conditioning in the residences. The building is configured as a duplex-style setup designed for two separate households, creating straightforward income-or-living flexibility for the right buyer.
Located at 7347 Delmar Boulevard in University City, the property is close to the Delmar loop and the major transportation arteries that serve the area. It also benefits from proximity to Highway 170 and nearby grocery stores, with access to many of the day-to-day conveniences associated with University City.
The layout makes this home a practical fit for an owner-occupant looking to live in one unit while maintaining the option of rental income from the other. For investors, the two-family structure provides a residential income format centered on the in-place features described in the remarks, including hardwood flooring and central air.
Located at 7347 Delmar Boulevard in University City, the property is close to the Delmar loop and the major transportation arteries that serve the area. It also benefits from proximity to Highway 170 and nearby grocery stores, with access to many of the day-to-day conveniences associated with University City.
The layout makes this home a practical fit for an owner-occupant looking to live in one unit while maintaining the option of rental income from the other. For investors, the two-family structure provides a residential income format centered on the in-place features described in the remarks, including hardwood flooring and central air.
Key Highlights
- Spacious 2‑family property with Colonial‑style architecture, brick construction, and shingle roof
- Year built 1941; includes 4 bedrooms and 2 bathrooms plus a basement
- Hardwood and ceramic tile flooring throughout
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.2k | $16.20 |
| − Vacancy | −$2.3k | −$0.92 |
| EGI | $37.9k | $15.28 |
| − OpEx | −$11.4k | −$4.58 |
| NOI | $26.5k | $10.69 |
2,480 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$378.9K
$331.5K – $442.0K
NOI $26,520 @ 7.0% cap · market cap 6.99%
Second Best
Apartment 5plus
$329.7K
$288.5K – $384.7K
NOI $23,079 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$532.3K
$465.7K – $621.0K
NOI $37,258 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
FAQs
What type of property is this?
Duplex - Spacious two-family home with hardwood floors and central air, suited for owner-occupants or income-focused investors.
Where is this duplex located?
The property is located at 7347 Delmar Boulevard University City, MO.
What is the asking price?
The asking price for this property is $379,500.
What are key features of this property?
This property features: Spacious 2‑family property with Colonial‑style architecture, brick construction, and shingle roof; Year built 1941; includes 4 bedrooms and 2 bathrooms plus a basement; Hardwood and ceramic tile flooring throughout
