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    Six-Family Residential Building Title is generated by Realmo AI

    710 LELAND Avenue, University City, MO 63130

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    Claim this Listing
    For Sale
    $1,499,000

    MULTI_FAMILY - Other - University City, MO

    Property size:
    9,936 SF
    Lot size:
    0.14 Acres
    Price / SF:
    $150/SF
    Added:
    May 13, 2026
    Days on Market:
    52
    Last Refresh:
    Jul 3 at 6:06 am

    Property Features for 710 LELAND Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    3
    Bathrooms
    2
    Rooms
    Bedroom 1, Basement, Bedroom 3, Bathroom 2, Dining Room, Bathroom 1, Bedroom 2
    Parking
    4
    Parking features
    Assigned, Off Street, Oversize
    Window features
    Double Pane Windows, Blinds, Window Treatments
    Patio and Porch features
    Patio, Porch
    Interior features
    Breakfast Room, Ceiling Fan(s), Custom Cabinetry, Eat-in Kitchen, Entrance Foyer, Granite Counters, High Ceilings, Historic Millwork, Recessed Lighting, Separate Dining, Shower, Special Millwork, Storage, Walk-In Closet(s)
    Exterior features
    Balcony, Entry Steps/Stairs, Lighting
    Basement
    Full, Unfinished, Interior Entry, Walk-Out Access, Storage Space
    Appliances
    Stainless Steel Appliance(s), Dishwasher, Disposal, Exhaust Fan, Microwave, Gas Range, Refrigerator, Washer/Dryer Stacked, Gas Water Heater
    Standard status
    Active
    APN
    18H-41-0585
    Size
    9,936 SF
    Lot size
    0.14 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Description
    DELMAR GARDEN & LOT PT 9 LOT 8 BLOCK A
    Tax Annual Amount
    9286

    Utilities

    Utilities
    Cable Available
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Electric
    Water source
    Public

    Building Details

    Year built
    1920
    Floors in Building
    3
    Number of units
    6
    Flooring type
    Vinyl, Tile - Ceramic, Combination, Wood, Hardwood
    Building materials
    Brick, Concrete
    Roof type
    Flat
    Architectural style
    Other
    Additional Structures
    Storage

    We can help!

    Contact an agent
    Arsen Amirdjanian

    Listing agent Arsen Amirdjanian License #1999012081

    Listing office New World Realty 13003 Weatherfield Dr, SAINT LOUIS, MO

    Listing date May 13, 2026

    MLS# 25064077 Listing URL

    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.

    HighLights

    • 1920‑built brick residence with 6 units and 9,936 sq. ft. total, featuring oversized units over 1,600 sq. ft. each
    • Right wing: three fully redesigned 3‑bedroom, 3‑bath units with balconies and in‑unit laundry
    • Major renovations completed less than two years ago on four units (three right wing, one left wing) with new plumbing, electric, HVAC, ductwork, kitchens, baths, flooring, and modern layouts
    • Brand‑new roof installed in 2025
    • Units feature granite counters, stainless‑steel appliances, central air, forced‑air natural gas heating, and electric cooling
    • One unit currently available for immediate lease or owner occupancy

    Overview

    This for-sale six-family residential property totals 9,936 square feet and is arranged as two wings. The right wing contains three redesigned 3-bedroom, 3-bath units with open layouts, balconies, and in-unit laundry. According to the seller, four units across both wings were completely gutted and fully rebuilt less than two years ago, including new plumbing, electric, HVAC systems, ductwork, kitchens, baths, flooring, and modern interior layouts. A brand-new roof was installed in 2025. The left wing offers three additional renovated apartments with updated kitchens and baths, refinished hardwood floors, and fresh paint, with opportunity for further value-add upgrades; one of the left-wing units also underwent a full gut rehab within the last two years with new plumbing, electric, and HVAC.

    The property is located at 710 Leland Avenue in University City, Missouri, described as being steps from Washington University and close to the Delmar Loop. The remarks also reference walkability to area shopping, dining, and entertainment, including Starbucks, Fitz’s, Blueberry Hill, Tivoli Theatre, Moonrise Hotel, and Vintage Vinyl.

    With one unit currently available, the building may suit investors seeking an income-producing strategy or owner-occupants looking to live in the property while generating rental income. The recent system and interior renovations across multiple units, along with the 2025 roof replacement, support a practical turnkey approach for new ownership.

    Local Financial Insights For Apartment 5plus

    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 $178.8k $18.00
    − Vacancy −$10.7k −$1.08
    EGI $168.1k $16.92
    − OpEx −$75.7k −$7.61
    NOI $92.5k $9.31
    9,936 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $1.32M
    $1.16M – $1.54M (±1% cap)
    NOI $92,464 @ 7.0% cap · market cap 6.17%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $2.13M
    $1.87M – $2.49M (±1% cap)
    NOI $149,271 @ 7.0% cap · market cap 9.96%
    Zoning and permitted uses should be independently verified with local authorities.
    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

    Suggested Use

    Dental Office Real Estate Agency Food Market Law Firm Grocery & Convenience Store Bakery Electronics & Wireless Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    University City
    County
    St. Louis
    State
    Missouri
    Longitude
    -90.305497
    Latitude
    38.657213

    FAQs

    What type of property is this?
    Apartment building - Renovated six-unit building with multiple oversized layouts, including recent full-gut upgrades and a 2025 roof.
    Where is this apartment building located?
    The property is located at 710 LELAND Avenue University City, MO.
    What is the asking price?
    The asking price for this property is $1,499,000.
    What are key features of this property?
    This property features: 1920‑built brick residence with 6 units and 9,936 sq. ft. total, featuring oversized units over 1,600 sq. ft. each; Right wing: three fully redesigned 3‑bedroom, 3‑bath units with balconies and in‑unit laundry; Major renovations completed less than two years ago on four units (three right wing, one left wing) with new plumbing, electric, HVAC, ductwork, kitchens, baths, flooring, and modern layouts
    More about this property
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