Prime investment opportunity in U-City & walking distance to Washington University & the Delmar Loop. This beautifully renovated building features three spacious units (1,510 SF) with great layouts. All units are 3 bedrooms and 2 bathrooms and have in-unit laundry and central HVAC. The building has updated electrical, plumbing, and HVAC systems. A brand new roof was just installed (Feb 2025). There is plenty of rent upside as well as scheduled rent increases in leases. See attached rent roll for rent information. The property is just down the street from Subtext's new student housing development, LOCAL on Delmar, at Leland and Delmar where rents are expected to be at least $1,000 per room.
Owner is a licensed real estate agent in MO.
Closed
Listing Provided by:
Garen F Lafser 314-374-3687,
Salient Realty Group, LLC
Bought with: Keller Williams Chesterfield
Price Unknown
753 Leland Ave, Saint Louis, MO 63130
9beds
6baths
4,530sqft
Multi Family
Built in 1929
-- sqft lot
$788,500 Zestimate®
$--/sqft
$1,702 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: April 28, 2025 at 05:54pm
Listing Provided by:
Garen F Lafser 314-374-3687,
Salient Realty Group, LLC
Bought with:
Lexi M Engelbach, 2014005969
Keller Williams Chesterfield
Source: MARIS,MLS#: 25008280
Originating MLS: St. Louis Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 6
Heating
- Forced Air, Natural Gas
Cooling
- Gas, Central Air
Appliances
- Included: Gas Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 4,530
- Total interior livable area: 4,530 sqft
- Finished area above ground: 4,530
Property
Parking
- Parking features: No Driveway, Detached
- Has uncovered spaces: Yes
Lot
- Size: 3,737 sqft
- Dimensions: 0042 / 0042 - 0090 / 0090
Details
- Parcel number: 18H411366
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick Veneer
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1929
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Saint Louis
- Subdivision: Delmar Garden
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange
- Ownership: Private
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Estimated market value
$788,500