Brick Multifamily
7343-7347 Olive Boulevard, University City, MO 63130
For Sale
$795,000
Residential Income, University City, MO
Property Size2,706 SF
Lot Size0.19 Acres
Price / SF$293.79
Days on Market86
Property Features for 7343-7347 Olive Boulevard
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Utilities
Cooling system
Building Details
Year built
Building materials
Architectural style
Listing Agency:
Elizabeth Real Estate Group LLC
(314) 222-7150
Listed By:
Regina Ruvinova
(314) 393-3815
Added: Aug 18
Changed: Oct 24
Last Checked: Nov 11 at 1:06PM
MLS# 26052905
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.
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Investment Insights
Based on property information with market context.
This multifamily property occupies a 0.19-acre parcel at 7343-7347 Olive Boulevard in University City, Missouri. The brick building contains 2,706 square feet and was constructed in 1965. Room information identifies eight bedrooms and one bathroom, with central air conditioning serving the property.
The property is located in St. Louis County within postal code 63130. Its Olive Boulevard address places the asset in University City, providing a clearly identified setting for residential income use. The available physical details are centered on the building’s masonry construction, bedroom count, bathroom count, cooling system, and existing lot area.
The property is located in St. Louis County within postal code 63130. Its Olive Boulevard address places the asset in University City, providing a clearly identified setting for residential income use. The available physical details are centered on the building’s masonry construction, bedroom count, bathroom count, cooling system, and existing lot area.
Key Highlights
- 2,706‑square‑foot multifamily property
- Eight bedrooms and one bathroom
- 0.19‑acre parcel
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,182
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,640
$503.6K
Cap Rate 7%
$359,743
$359.7K
Cap Rate 9%
$279,800
$279.8K
Market Conditions
NOI Build-Up for 2,706 SF
Gross rent
$48.7K $18.00/SF
− Vacancy
−$2.9K −$1.08/SF
EGI
$45.8K $16.92/SF
− OpEx
−$20.6K −$7.61/SF
NOI
$25.2K $9.31/SF
Area
St. Louis County, MO
Vacancy
6.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$503,640
Cap Rate 7%
$359,743
Cap Rate 9%
$279,800
Alternative Uses
Best Use
Apartment 5plus
$359.7K
$314.8K – $419.7K
NOI $25,182 @ 7.0% cap · market cap 3.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$580.8K
$508.2K – $677.6K
NOI $40,653 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
392
Businesses Nearby
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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
$285,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Multifamily properties in St. Louis County, MO
Properties on Market for Multifamily properties in St. Louis County
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Multifamily property - The building includes eight bedrooms and central air conditioning.
Where is this multifamily property located?
The property is located at 7343-7347 Olive Boulevard University City, MO.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: 2,706‑square‑foot multifamily property; Eight bedrooms and one bathroom; 0.19‑acre parcel
