Wall-to-wall carpeting throughout
White cabinetry and light-toned countertops
Outdoor air conditioning unit with visible refrigerant lines
Water heater and Plumbing
Gas Furnace
Electrical panel with clearly labeled circuit breakers
White horizontal siding exterior with a black entry door, concrete steps, black metal handrails, and an exterior light fixture
Expansive grass lawn with mature trees and a hedge row
White siding exterior with a gray shingle roof, dark shutters, and a paved driveway
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 ($1,164 Housing Assistance / $236 Tenant portion) 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.
2 Beds
1 Bath
864 sq.ft
$0 per sq.ft
Ranch
$ 139,000
Coming Soon
0
26057445
2
1
864
250
McNamee Heights
University City
University City
St Louis
Residential
Ranch
Residential
$1,367
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 7244 Shaftesbury Avenue, University City, MO 63130 | 3/1 | 1,856 | $325,000 | $319,000 98.2% of ask |
Sep 4, 2026 |
| 1278 North and South Road, University City, MO 63130 | 2/2 | 1,020 | $100,000 | $98,000 98% of ask |
Sep 3, 2026 |
| 8105 Delmar Boulevard, University City, MO 63130 | 3/2 | 1,639 | $375,000 | $375,000 100% of ask |
Sep 2, 2026 |
| 7322 Drexel Drive, University City, MO 63130 | 4/2 | 1,411 | $325,000 | $315,000 96.9% of ask |
Sep 2, 2026 |
| 7929 Glenside Place, University City, MO 63130 | 3/2 | 1,665 | $310,000 | $318,000 102.6% of ask |
Sep 1, 2026 |
| 720 Westgate Avenue, C, University City, MO 63130 | 2/2 | 1,524 | $2,000 | $2,000 100% of ask |
Aug 27, 2026 |
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Classic University City charm meets stylish, updated living at 7448 Tulane! Nestled in the desirable University Place neighborhood and just moments from Mooney Park, this handsome two-story brick home offers wonderful curb appeal and a floor plan designed for today's lifestyle. Beautiful hardwood floors flow through the main living areas, while the large updated kitchen opens seamlessly to the dining area, creating a bright, welcoming space for both everyday living and entertaining. Upstairs you'll find three bedrooms, an updated full bath, and a nice bonus room - the perfect spot for a playroom, home office, reading retreat, or whatever suits your lifestyle. The recently finished lower level with new waterproofing and sump pump provides even more living space with a comfortable recreation room and convenient half bath. Step outside to discover a spacious fenced backyard with irrigation system, offering plenty of room to garden, entertain, play or simply relax. A one-car rear entry garage adds to the home's appeal. With its timeless brick exterior, thoughtful updates, and fantastic location near Mooney Park, this is a home you wont want to miss!!!!
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 ($1,164 Housing Assistance / $236 Tenant portion) 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.
Welcome home to this freshly renovated, move-in ready 3-bedroom, 2-bath bungalow with a bonus room that could easily be used as an additional sleeping area in the University City area! The main level features two bedrooms, a full bath, and a bright sunroom filled with natural light. The walk-up basement offers even more flexibility with a spacious bonus room, third bedroom, full bath, family room, and additional storage. Outside, enjoy a fenced backyard perfect for pets, play, or entertaining, along with the convenience of an attached one-car garage. Freshly updated, versatile, and ready for you to move right in—this one is worth a look!
