Multi-Family for Sale: 7351 Lindell Boulevard, St Louis, MO 63130 SOLD
$3,113,762
$3,113,762
7351 Lindell Boulevard,
St Louis, MO 63130 SOLD
$3,113,762
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Selling Price: $3,113,762
Original List Price: $3,600,000
Sold at 86.5% of list price
Sold Date: 02/07/2025
Type Multi-Family
Lot Size 0.29 acres
Year Built 1931
Taxes Paid $24,112
City St Louis
Area Central West
County St Louis
Subdivision West Forsyth Place
MLS 24062361
Status Closed
DOM 95 days
Generational mixed-use trophy asset in between WashU and Clayon. Walk to the Ritz, Wash U danforth, Forest Park and tons more. This 22 unit property has been beautifully maintained on its exterior and fully gutted throughout: forced heat/central air, new plumbing piping, windows, roof, electric, kitchens, baths and WASHER DRYER IN UNIT. There are a combination of studios, 1 beds and 2 beds + 4 rented commercial tenants on the ground level. The current NOI is 241,000 and is priced to sell at north of an 6.5% Cap; the building stays 100% leased with mostly students from Wash U. Current rents are about $250 below market with a proforma NOI north of 400,000; Add some personal touches, update kitchens & baths or just cash your rent checks – this property provides perfect value for someone looking to live & invest in a Class AAA neighborhood with little risk.
Lot & Building Features
Cooling Electric
Heat Source Gas
Heating Forced Air
Parking Description On Street, Parking Lot
Sewer Public Sewer
Tax Year 2022
Water Public
Lot Dimensions 100*114 ft
Community and Schools
Junior High School Brittany Woods
Senior High School University City Sr. High
Price History of 7351 Lindell Boulevard, St Louis, MO
| Date | Name | Price | Difference |
|---|---|---|---|
| 10/02/2024 | Listing Price | $3,113,762 | N/A |
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed. |
Listed by The Agency, Anthony Klier
Sold by Garcia Properties, Dane Smith
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 Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information courtesy of: The Agency Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange |