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14-Unit Townhome Apartment Building

7718-7722 Springdale Drive, Berkeley, MO 63121

For Sale
$1,680,000

Three two-story buildings provide residences with two bedrooms and one-and-a-half baths.

Property SizeContact for details
Lot Size0.68 Acres
Days on Market9

Property Features for 7718-7722 Springdale Drive

General Information

Standard status Active
Lot size 0.68 Acres
Property subtype Commercial
Occupancy 100%

Financials

Asking Price $1,990,000
Average Monthly Rent $1,299

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 14 x 2BR/1.5BA
Multifamily Units 14

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $44,980

Building Details

Year Built 1972
Buildings 3
Stories 2
Listing Agency: The Hermann London Group LLC
Listed By: Nidhi Soni · License #2014008871
Source: 360primerealtygroup
Added: Nov 1 Changed: Nov 8 Last Checked: Nov 8 at 3:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Hermann London Group LLC

Rey
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Investment Insights

Based on property information with market context.

This 14-unit apartment property comprises three two-story buildings on approximately 0.68 acres. Each residence has two bedrooms and one-and-a-half bathrooms. The property was built in 1972, and all 14 homes are occupied.

The site is approximately one mile from the University of Missouri–St. Louis, with access to MetroLink and Interstate 70.

Key Highlights

  • 14 occupied townhomes
  • Three two‑story buildings on approximately 0.68 acres
  • Each residence has 2 bedrooms and 1.5 baths

Property Analytics

Lease Details

14
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

488
Businesses Nearby

Demographics for 63121, MO

22,909
Population
12,745
Households
1.8
Avg Household Size
40
Median Age
22%
College-Educated
91%
High-School Grad
6.8 sq mi
ZIP Area
3,369
Density / Sq Mi
$41,285
Median Household Income
$31,613
Median Earnings
$938
Median Rent
$93,900
Median Home Value

Market

Average Price Trend$/SF for Apartment buildings in St. Louis County, MO

$110 Jul
$111 Aug
$108 Sep
$123 Oct

Properties on Market for Apartment buildings in St. Louis County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Three two-story buildings provide residences with two bedrooms and one-and-a-half baths.
Where is this apartment building located?
The property is located at 7718-7722 Springdale Drive Berkeley, MO.
What is the asking price?
The asking price for this property is $1,680,000.
What are key features of this property?
This property features: 14 occupied townhomes; Three two‑story buildings on approximately 0.68 acres; Each residence has 2 bedrooms and 1.5 baths
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