UPDATED:
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 3,520 sqft
Price per Sqft $106
Subdivision Elm Grove Lane Subd-Amd Of Lts 14
MLS Listing ID 25067072
Style Apartment Style,Traditional
HOA Fees $140/mo
Year Built 1962
Annual Tax Amount $4,520
Lot Size 6,799 Sqft
Acres 0.1561
Property Sub-Type 2-4 Units
Property Description
Package includes MLS#s 25067069, 25067072, 25067083
7409 Olian Dr, 7412 Burcke Dr, 446 Olian Dr, Saint Louis MO 63042
This is a rare chance to acquire a package of three well-maintained four-family buildings for a total of $1,125,000 — just $375,000 per building and $93,750 per unit. Each building includes four spacious residential units with solid rental history and strong income potential.
Perfect for investors seeking reliable cash flow or long-term appreciation, these properties are located in a desirable area with consistent rental demand. With 12 total units, this package offers excellent value and scalability. There's also room for value-add upgrades to further enhance returns.
Don't miss out on this high-yield investment opportunity priced to sell.
UNITS - Spacious 2 bed, 1 bath apartment in the heart of Hazelwood. From the moment you walk in, you're greeted by an abundance of natural light and new LVP flooring throughout, making cleaning a breeze. The living room offers over 230 square feet of space, perfect for both relaxation and dining. The eat-in kitchen is equipped with hardwood cabinetry, an electric stove, and a fridge. Both bedrooms feature double closets, providing ample storage. Additional perks include off-street parking, laundry hookups, and a private storage locker in the unfinished basement.
Location
State MO
County St. Louis
Area 48 - Hazelwood West
Rooms
Basement Full
Interior
Heating Electric, Forced Air, Natural Gas
Cooling Central Air, Electric
Flooring Carpet, Luxury Vinyl, Vinyl
Fireplace N
Appliance Electric Oven, Refrigerator
Laundry In Basement, Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
Exterior
Parking Features false
Amenities Available Parking
View Y/N No
Private Pool false
Building
Story 2
Water Public
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Mcnair Elem.
Middle Schools West Middle
High Schools Hazelwood West High
School District Hazelwood
Others
HOA Fee Include Maintenance Parking/Roads,Snow Removal,Trash
Ownership Private
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition Package