Renovated 6-Unit Apartment
New
For Sale
$1,499,000
710 LELAND Avenue, University City, MO 63130
MULTI_FAMILY - Other - University City, MO
Property Size9,936 SF
Lot Size0.14 Acres
Price / SF$150.87
Days on Market3
Property Features for 710 LELAND Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Full bathrooms
3
Rooms
Dining Room, Bedroom 2, Bedroom 3, Bathroom 2, Bedroom 1, Basement, Bathroom 1, Bathroom 3
Parking features
Off Street, Oversize, Assigned
Window features
Window Treatments, Blinds, Double Pane Windows
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
Walk-Out Access, Full, Storage Space, Interior Entry, Unfinished
Appliances
Stainless Steel Appliance(s), Dishwasher, Disposal, Exhaust Fan, Microwave, Gas Range, Refrigerator, Washer/Dryer Stacked, Gas Water Heater
Subdivision
Delmar Garden
Lot features
Corner Lot, Level, Near Public Transit
Elementary school
Flynn Park Elem.
Middle school
Brittany Woods
High school
University City Sr. High
Elementary school district
University City
Middle school district
University City
High school district
University City
Directions
GPS FRIENDLY
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
Legal Description
DELMAR GARDEN & LOT PT 9 LOT 8 BLOCK A
Utilities
Utilities
Cable Available
Heating system
Forced Air, Natural Gas
Cooling system
Electric, Central Air
Water source
Public
Amenities
balconies
in-unit laundry
Building Details
Year built
1920
Floors in Building
3
Number of units
6
Flooring type
Wood, Tile - Ceramic, Combination, Hardwood, Vinyl
Building materials
Brick, Concrete
Roof type
Flat
Architectural style
Other
Additional Structures
Storage
Listing Agency:
New World Realty
(314) 275-9734
Listed By:
Arsen Amirdjanian · License #1999012081
(314) 504-7133
Added: Jul 31
Changed: Aug 1
Last Checked: Aug 2 at 3:06AM
MLS# 26049261
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 6-unit apartment building on 0.142 acres totals 9,936 SF and was built in 1920. The property features oversized units of more than 1,600 SF each, with a mix of updated and gut-rehabbed space across two wings. Four right-wing units were completely gutted and fully rebuilt less than two years ago, with all-new plumbing, electric, HVAC systems, ductwork, kitchens, baths, flooring, and modern interior layouts. The right wing includes three redesigned 3-bedroom, 3-bath units with open layouts, balconies, in-unit laundry, granite counters, and stainless-steel appliances. The left wing offers three additional renovated apartments with updated kitchens and baths, refinished hardwood floors, and fresh paint, with one left-wing unit also receiving a full gut rehab less than two years ago that included new plumbing, electric, and HVAC systems.
A brand-new roof was installed in 2025. Utilities include cable availability, and the building is served by public water. Parking is available off street, with oversized and assigned spaces.
The property is described as being steps from Washington University and the Delmar Loop area, with nearby shopping and dining options referenced in the remarks.
A brand-new roof was installed in 2025. Utilities include cable availability, and the building is served by public water. Parking is available off street, with oversized and assigned spaces.
The property is described as being steps from Washington University and the Delmar Loop area, with nearby shopping and dining options referenced in the remarks.
Key Highlights
- 6 units with oversized apartments of more than 1,600 SF each, plus 9,936 SF total building size
- 0.142‑acre lot and 1920 construction with flat roof
- Right wing: four units completely gutted and fully rebuilt less than two years ago
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
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
NOI $149,271 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
1,069
Businesses Nearby
Explore this area
Business Placement
Demographics for 63130, MO
29,454
Population
14,106
Households
2.1
Avg Household Size
35
Median Age
64%
College-Educated
97%
High-School Grad
5.0 sq mi
ZIP Area
5,891
Density / Sq Mi
$81,103
Median Household Income
$50,407
Median Earnings
$1,199
Median Rent
$285,500
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Renovated 6-unit building with a brand-new 2025 roof and recent gut rehabs featuring updated plumbing, electric, HVAC, kitchens, and baths.
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: 6 units with oversized apartments of more than 1,600 SF each, plus 9,936 SF total building size; 0.142‑acre lot and 1920 construction with flat roof; Right wing: four units completely gutted and fully rebuilt less than two years ago
