7221 Balson Avenue, University City, MO 63130
MULTI_FAMILY - Other - University City, MO
- Added:
- May 11, 2026
- Days on Market:
- 54
- Last Refresh:
- Jul 3 at 5:06 am
Property Features for 7221 Balson Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bedroom 7, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 1, Bedroom 6, Bathroom 4, Bedroom 4, Bathroom 3, Bedroom 8, Bedroom 3, Bedroom 2
- Parking
- 4
- Parking features
- Covered
- Window features
- Insulated Windows
- Appliances
- Gas Cooktop, Dishwasher, Disposal, Refrigerator
- Standard status
- Active
- APN
- 17J-21-0886
- Size
- 4,256 SF
- Lot size
- 0.14 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 7914
Utilities
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1952
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Tile, Hardwood
- Building materials
- Brick
- Roof type
- Flat
- Architectural style
- Other
Listing agent Jennifer Matus License #2010015143 (636) 578-4577
Listing office Keller Williams Chesterfield 16401 Swingley Ridge Rd #200, Chesterfield, MO (636) 534-8100
Listing date May 11, 2026
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
- 4‑family property with each unit featuring 2 bedrooms, 1 bathroom, a living room, separate dining room, and a kitchen
- Kitchen appliances include gas cooktop, dishwasher, disposal, and refrigerator
- Private washer/dryer hookups for tenants plus dedicated basement storage space
- 4‑car garage located at the rear of the property
- Updates reported: newer AC units, new electrical (2025), all new plumbing with PEX to all units, and a newer roof
- Brick construction (year built 1952) with natural gas forced‑air heating and central air; public water and flat roof
Overview
Located in University City, the property is positioned for convenient access to nearby highway routes. It is also described as being minutes from The Delmar Loop, an area known for dining, shopping, and entertainment options.
For buyers or operators seeking a manageable multifamily asset, the unit mix and in-unit conveniences support everyday tenant comfort, while the documented updates can help reduce near-term capital concerns. The rear 4-car garage provides additional on-site parking capacity, and the basement storage adds practical utility for each household.
Local 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 | $68.9k | $16.20 |
| − Vacancy | −$3.9k | −$0.92 |
| EGI | $65.0k | $15.28 |
| − OpEx | −$19.5k | −$4.58 |
| NOI | $45.5k | $10.69 |
Alternative Uses
Current Use by Public Records
Map
- City
- University City
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.322984
- Latitude
- 38.663911
