About This Home

This 3-bedroom, 2-bathroom residential multi family at 7240 Balson Avenue in Saint Louis, MO is listed for $475,000 ($170 per sqft). Built in 1952, the home offers 2,800 sqft of living space on a 0.12 acres lot.

Key Features

  • Built in 1952
  • 0.12 acre lot

Property Details

2 full
2-car garage
1952

Amenities

HardwoodA/C
Listing Description

Welcome to this beautifully renovated University City duplex offering an incredible opportunity for investors or those looking to combine homeownership with rental income! Fully renovated in 2025, this property has undergone extensive improvements throughout, providing updated finishes along with significant upgrades to many of the home's major components.

Updates include new major mechanical systems, a new roof, new windows, new concrete driveway and walkways, updated flooring, fresh paint, new appliances, and beautifully renovated kitchens and baths. Both units offer spacious and thoughtfully designed layouts featuring 3 bedrooms and 2 full baths.

Step inside each unit to a bright and inviting living and dining room combination with beautiful hardwood floors, abundant natural light, and plenty of room for both everyday living and entertaining. The renovated kitchens feature granite countertops, modern fixtures, stainless steel appliances, ample cabinetry, and generous prep space, creating a functional and updated space for cooking and gathering.

Each unit includes a spacious primary bedroom with a private ensuite bath, providing added privacy and convenience. Two additional bedrooms offer flexibility for family, guests, a home office, or additional living space, while an updated full hall bath completes each unit.

The thoughtful layouts and extensive renovations make both units comfortable and move-in ready. The property also offers impressive income potential. The second-floor unit is currently leased for $1,795 per month, while the first-floor unit previously rented for $1,995 per month.

Whether you're looking to add a renovated multi-family property to your investment portfolio, rent both units for income potential, or live in one unit while generating rental income from the other, this duplex provides plenty of flexibility. Additional features include basement storage space, washer/dryer hookups, dedicated off-street parking, and a fenced backyard offering additional outdoor space for residents to enjoy.

With extensive 2025 renovations already completed, this property provides the opportunity to enjoy the benefits of an updated multi-family property without taking on a major renovation project. Conveniently located in University City near shops, restaurants, parks, the Delmar Loop, Washington University, and many of the surrounding area's amenities, this property brings together updated living spaces, income potential, and a prime location-all in one!

Monthly Cost Estimate

$2,540/mo

20% down · 6.5% · 30 years

Principal$344
Interest$2,058
Insurance$139

Estimates only. Actual payments may vary.

Location

7240 Balson Avenue

Saint Louis, MO 63130

Balsons Sub Of Shaftesbury Heights

Features & Amenities

Interior Features

Dining/Living Room ComboGranite CountersShowerStorageTub

Property Details

Flooring

Hardwood

Construction

Brick Brick Veneer

Parking

CoveredUnderground/BasementOff StreetGarageDriveway

Heating

Forced Air

Cooling

Central Air

Appliances

Stainless Steel Appliance(s)DishwasherElectric OvenRefrigerator

Questions & Answers

This 3-bedroom, 2-bathroom residential multi family at 7240 Balson Avenue is listed at $475,000 ($170/sqft). The estimated monthly payment is $2,541 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1952, 0.12 acre lot. Interior Features: Dining/Living Room Combo, Granite Counters, Shower.

This property is listed by Brian Tash.

BT

Brian Tash

Agent at The Agency

Listed by The Agency · Broker phone: (314) 280-9996 · View on Broker Site · Broker website

MLS# 26059688· Source: Mid America Regional Information Systems, Inc.· 7 days on PropertySimple

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

7240 Balson Avenue, Saint Louis, MO 63130

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