738 Kingsland Ave Saint Louis, MO 63130
Estimated payment $4,675/month
Highlights
- Wood Flooring
- Awning
- 3-minute walk to Metcalfe Park
- No HOA
- Forced Air Heating and Cooling System
About This Home
Fantastic Opportunity to own a large 3-unit investment property in the heart of the booming Delmar Loop. Ideally situated right next to Washington University, this attractively located property offers many amenities that will keep it high-performing for decades to come. Large 3-bedroom units feature many updates, with completely new plumbing to kitchens and baths, hardwood floors throughout, and renovated kitchens with stainless appliances. Central AC & Forced Air heat, roof in great shape redone in the past few years, impeccable brickwork. Off street parking pad in the rear, metal fire escape in great shape. Clean basement with storage lockers for all units, updated electrical panels. A motivated owner will thrive leasing these 3-bedroom units at a quite achievable $2250 market rate as-is. Wash U charges $1700+ *per person* monthly for tiny dorms -- students flock to the Delmar Loop for all the shops, restaurants, bars and more that it has to offer! With further simple upgrades like in-unit laundry or furnishing the apartment for students, the sky's the limit: others on this block have achieved $3,200/mo+ rents for 3-bedroom units with laundry, furnishings, etc.. Offered at Pro Forma 7.1 Cap rate at market rents, will not last long, call today
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,559
Year Built
- Built in 1929
Lot Details
- 5,001 Sq Ft Lot
Home Design
- Triplex
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 9 Bedrooms
- 4,212 Sq Ft Home
- Awning
- Wood Flooring
- Basement
- Laundry in Basement
Schools
- Flynn Park Elem. Elementary School
- Brittany Woods Middle School
- University City Sr. High School
Utilities
- Forced Air Heating and Cooling System
- Phone Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 18J-62-0462
Community Details
Overview
- No Home Owners Association
- 3 Units
- Mid-Rise Condominium
Building Details
- 3 Leased Units
- Other Expense $19,233
- Net Operating Income $55,835
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,559 | $89,780 | $27,360 | $62,420 |
| 2024 | $6,559 | $88,010 | $38,480 | $49,530 |
| 2023 | $6,563 | $88,010 | $38,480 | $49,530 |
| 2022 | $6,101 | $75,810 | $34,200 | $41,610 |
| 2021 | $6,016 | $75,810 | $34,200 | $41,610 |
| 2020 | $4,638 | $56,660 | $12,100 | $44,560 |
| 2019 | $4,596 | $56,660 | $12,100 | $44,560 |
| 2018 | $4,581 | $51,870 | $8,470 | $43,400 |
| 2017 | $4,589 | $51,870 | $8,470 | $43,400 |
| 2016 | $3,640 | $39,060 | $6,840 | $32,220 |
| 2015 | $3,663 | $39,060 | $6,840 | $32,220 |
| 2014 | $3,953 | $41,250 | $4,770 | $36,480 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/16/2026 02/16/26 | For Sale | $795,000 | -- | $189 / Sq Ft |
Source: MARIS MLS
MLS Number: MIS26007450
APN: 18J-6-2-046-2
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Ask me questions while you tour the home.