Closed MLS# 26057445

7028 Julian Avenue, University City, MO 63130

Subdivision: McNamee Heights

List Price: $129,000

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2

Bedrooms

1

Baths

864

Area (sq.ft)

$149

Cost/sq.ft

1 Story

Type

6

Days on Market

Call Agent

Description

TURNKEY SECTION 8 INVESTMENT | 12+ YEAR STABILIZED RESIDENT Turnkey single-family cash-flow asset located in McNamee Heights (University City, 63130). Delivering immediate, stabilized returns with a reliable Section 8 resident of 12+ years and extensive recent mechanical updates. INVESTMENT HIGHLIGHTS: Monthly Rent: $1,400/month Gross Annual Income: $16,800 (12.1% Gross Yield at $139k purchase) Tenant Pays: Electric, Gas, Water, and complete Yard Maintenance Owner Pays: Sewer and Trash only CAPEX & MECHANICAL UPDATES: Capital improvements already completed (with permits): HVAC: Brand new central furnace & A/C system (Installed June 2025) Plumbing: Modernized PVC main stack Electrical: Updated breaker panel Roof & Gutters: Architectural shingle roof (Installed October 2017) Water Heater: Modern, updated unit FUTURE VALUE-ADD / CONVERSION POTENTIAL: Another property on the block, with the identical 864 sq ft footprint converted into a 3-bedroom layout. This provides future owners the option to add a 3rd bedroom within existing square footage upon turnover, unlocking higher HUD Fair Market Rent tiers and proven equity upside. Basement is Partially-finished, Egress windows can be added to increase official Bedrooms / Sqft Property being sold as-is, tenant-occupied. Please do not disturb the tenant. Showings and interior access granted upon an accepted contract. Leases, ledgers, and documentation available upon request.

Property Information

Sold Price Login/Signup to see SOLD Price

Original Price $ 139,000

Status Closed

MLS# 26057445

Bedrooms 2

Full baths 1

Half baths 0

Main Floor Full Baths 1

Sq. Ft. Above 864

Lot Size

Acres 0

Subdivision McNamee Heights

Municipality University City

School District University City

County St Louis

Property Type Residential

Style 1 Story

Style Description

Transaction Type

Special Conditions Listing As Is

Type

Building Exterior Amenities

Building Style Ranch

Ownership

Special Description Listing As Is

Appliances Some Stainless Steel Appliance(s),Freezer,Free-Standing Gas Oven,Free-Standing Gas Range,Refrigerator,Vented Exhaust Fan,Water Heater

Additional Information

Elementary School Pershing Elem.

Jr. High School Brittany Woods

Sr. High School University City Sr. High

Association Fee None

Architecture Ranch

Construction Blown-In Insulation,Vinyl Siding

Garage Spaces

Carport Spaces

Basement Description 8 ft + Pour,Concrete,Daylight,Exterior Entry,Partially Finished,Full,Interior Entry,Storage Space

Fireplace Type

Fireplace Location

Lot Dimensions

Special Areas

Cooling Central Air

Sewer Public Sewer Sewer

Heating Forced Air

Water Public

Heat Source

Kitchen

Appliances Stainless Steel Appliance(s),Freezer,Free-Standing Gas Oven,Free-Standing Gas Range,Refrigerator,Vented Exhaust Fan,Water Heater

Dining

Interior Decor

Property Tax $1,367

Map Location

Directions

Change History

Date	Change Type	Previous	New
Oct 16, 2026	StandardStatus	Pending	Closed
Sep 16, 2026	StandardStatus	Active	Pending
Sep 14, 2026	ListPrice	$139,000	$129,000
Sep 9, 2026	StandardStatus	Coming Soon	Active
Sep 4, 2026	New Listing	Coming Soon	Coming Soon
Sep 4, 2026	New Listing	139000	139000

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[email protected] 314.414.6000 Visit Website

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Listing Courtesy of EXP Realty, LLC - [email protected]

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7028 Julian Avenue, University City, MO 63130

Subdivision: McNamee Heights

List Price: $129,000

Login/Signup to see SOLD Price

2

1

864

$149

1 Story

6

Description

Property Information

Additional Information

Map Location

Change History

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