$1,950,000

7412 Olian Dr Hazelwood, MO 63042

Estimated payment $12,175/month

Total Views 3,918
32 Beds
20 Baths
4,314 Sq Ft
$452 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Courtyard
  • Forced Air Heating and Cooling System
  • No HOA

About This Home

Stabilized 20-Unit Multifamily Investment in Sought-After Hazelwood!Exceptional opportunity to own a stabilized 20-unit apartment building in the highly desirable Hazelwood School District. This well-performing property features a strong mix of 8 one-bedroom units and 12 two-bedroom units, offering both diversity and consistent tenant demand.Units are spacious and updated, with many featuring remodeled kitchens some with granite countertops, updated baths, wood or vinyl plank flooring, and stainless steel appliances in select units, mostly updated HVAC systems & water heaters. Tenants enjoy the convenience of ample off-street parking, plus access to coin-operated and tenant-owned laundry facilities located in the basements of the buildings.Positioned in a solid rental market with great access to highways, shopping, and major employment hubs, this property is ideal for investors looking for immediate cash flow with long-term growth potential. Tenants pay rent plus utility reimbursements monthly. Well-maintained & professionally managed. Don't miss this chance to add a strong, income-producing asset to your portfolio in one of the most desirable rental markets. PLEASE do not disturb tenants.

Listing Agent

Chrisy Smith

Realty Executives of St. Louis License #1999106100 Listed on: 06/17/2025

Realty Executives of St. Louis

Co-Listing Agent

Joshua Harger

Realty Executives of St. Louis License #2015041155

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $16,857

Year Built

  • Built in 1959 | Remodeled

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 4,314 Sq Ft Home
  • 2-Story Property
  • Microwave
  • Unfinished Basement

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 20 Bathrooms

Parking

  • Additional Parking
  • Parking Lot
  • Off-Street Parking

Schools

  • Mcnair Elem. Elementary School
  • Northwest Middle School
  • Hazelwood West High School

Additional Features

  • Courtyard
  • 5,663 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 08K-12-1127

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 20 Units

Building Details

  • 19 Leased Units
  • Net Operating Income $113,467

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$16,857

Year Built

Built in 1959 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Year Built: 1959
  • Directions: 270 N Take exit 25 for US-67/Lindbergh Blvd. Turn left onto US-67 N/N Lindbergh Blvd. Turn left onto Elm Grove Ln. Turn right onto Olian Dr, buildings will be on right.
  • Property Sub-Type: 5 Family or More
  • ResoLaundryFeatures: In Basement, Common Area
  • ResoLotFeatures: Cleared, Level
  • Lot Size Acres: 0.13
  • Road Frontage Type: City Street
  • Road Surface Type: Concrete
  • Total Gross Income: 211920
  • Co List Office Mls Id: MISEXSL01
  • Co List Office Phone: 314-756-9100
  • Co List Office Phone: 314-756-9100
  • MLS Status: Active
  • Subdivision Name: Elm Grove Lane 1
  • Above Grade Finished Sq Ft: 4314
  • Architectural Style: Apartment Style, Traditional
  • Carport Y N: No
  • Unit Levels: Two
  • New Construction: No
  • ResoPropertyCondition: Updated/Remodeled
  • Reso Structure Type: Apartment Building
  • Reso Window Features: Window Coverings
  • Financial Info Electric: Ameren
  • MIS_AboveGradeFinishedAreaSrchSqFt: 4314.00
  • MIS_SellerConsiderConcessionYN: 0
  • MIS_PoolYN: 0
  • MIS_UnitCount: 2
  • MIS_AuctionYN: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Concrete, Storage Space, Unfinished
  • Interior Amenities: Custom Cabinetry, Granite Counters, Lever Faucets, Storage
  • Appliances: Microwave, Electric Range, Refrigerator
  • Basement YN: Yes
  • Total Bedrooms: 32
  • Fireplace: No

Exterior Features

  • Fencing: None
  • Roof: Pitched/Sloped, Shingle
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Flood Plain No
  • Construction Type: Brick
  • Exterior Features: Courtyard
  • Foundation Details: Concrete Perimeter

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Additional Parking, Off Street, Parking Lot

Utilities

  • Cooling: Central Air
  • Heating: Forced Air
  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Mcnair Elem.
  • Junior High Dist: Hazelwood
  • High School: Hazelwood West High
  • Middle Or Junior School: Northwest Middle

Lot Info

  • Parcel Number: 08K-12-1127

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 16857

Multi Family

  • Number Of Units In Community: 20
  • Number Of Units Total: 20
  • Net Operating Income: 113467
  • Number Of Units Leased: 19

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/17/2025 06/17/25 For Sale $1,950,000 -- $452 / Sq Ft
Source: MARIS MLS

Source: MARIS MLS

MLS Number: MIS25041844

MARIS MLS

APN: 08K-1-2-112-7