7361 Dale Avenue St Louis, MO 63117
MULTI_FAMILY - Other - St Louis, MO
- Added:
- May 23, 2026
- Days on Market:
- 50
- Last Refresh:
- Jul 11 at 2:06 pm
Property Features for 7361 Dale Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 10
- Bathrooms
- 5
- Rooms
- Bedroom 4, Bathroom 1, Basement, Bedroom 2, Bedroom 5, Bathroom 3, Bathroom 4, Bathroom 5, Bathroom 2, Bedroom 1, Bedroom 9, Bedroom 6, Bedroom 3, Bedroom 8, Bedroom 7, Bedroom 10
- Basement
- Storage Space
- Appliances
- Stainless Steel Appliance(s), Dishwasher, Built-In Gas Range
- Standard status
- Active
- APN
- 20J-33-1163
- Size
- 15,207 SF
- Lot size
- 0.42 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 20389
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 1961
- Floors in Building
- 2
- Number of units
- 12
- Building materials
- Brick
- Architectural style
- Other
Listing agent Peter Lu License #2006036727 (913) 908-8001
Listing office EXP Realty, LLC 3636 S Geyer Rd Ste 100, Overland Park, MO (866) 224-1761
Listing date May 23, 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.
Investment Insights
Based on property information with market context.
The property is located at 7361 Dale Avenue in St. Louis County, Missouri (63117), in Richmond Heights. It is described as being close to major highways, shopping, parks, and restaurants, supporting convenient day-to-day access for residents.
For buyers seeking a turn-key, income-producing residential asset, the building is being presented as fully occupied. The offering includes an attached memorandum for income and expenses, and the property can be viewed with an accepted contract. Interested parties can review the existing unit finishes and amenities, including which units have in-unit laundry, and consider how the combination of renovated interiors and recent roof replacement may support long-term property management.
Key Highlights
- 12‑unit multifamily building with brick construction and central air
- New roof installed November 2023
- Renovated kitchens and bathrooms, plus wood flooring and neutral paint in units
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 | $273.7k | $18.00 |
| − Vacancy | −$16.4k | −$1.08 |
| EGI | $257.3k | $16.92 |
| − OpEx | −$115.8k | −$7.61 |
| NOI | $141.5k | $9.31 |