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7307 Pasadena Boulevard, Pasadena Hills, MO, 63121

Excellent investment opportunity! This well-maintained 4-family apartment building has been under continuous professional management since 2017 and offers a strong rental history with additional upside potential. Each of the four units features an identical 1-bedroom, 1-bathroom floor plan with hardwood flooring throughout the living areas and bedrooms, tile flooring in the kitchens and bathrooms, separate HVAC systems, and individual utility systems. Three units are currently occupied, including two long-term tenants who have been in place since 2016 and 2017, while the third occupied unit was leased in April 2026. The fourth unit recently became vacant after a long-term tenancy, providing an excellent opportunity for an owner-occupant or for a new tenant at current market rent. The shared basement offers washer and dryer hookups for each unit, along with a designated storage area for every apartment. Water, sewer, and trash are included in the rent. Recent capital improvements include major plumbing updates completed in 2026, eight replacement windows installed in 2024, and an electrical system update. This turnkey investment has been professionally managed for years and offers stable occupancy, separate mechanical systems, and immediate value-add potential through leasing the vacant unit. Whether you're expanding your portfolio or purchasing your first multifamily property, this is an opportunity you won't want to miss.

Subdivision: Pasadena Hills Sec One

List Price

$ 385,000

Status

Active

Days on market

0

MLS#

26046073

Bedrooms

0

Full baths

0

Sq. Ft. Above

2,726

Subdivision

Pasadena Hills Sec One

Municipality

Pasadena Hills

School District

Normandy

County

St Louis

Property Type

Residential Income

Style

Apartment Style,Historic

Type

Residential Income

Additional Information

Property Tax (2025)

$5,817

Recent Nearby Sales in 63121

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
3073 Andover Drive, Bel-Nor, MO 63121 3/2 1,536 $247,500 $244,750
98.9% of ask
Sep 3, 2026
7720 Brocton Court, Bel-Nor, MO 63121 3/1 1,010 $115,000 $110,000
95.7% of ask
Aug 31, 2026
8908 Boston Avenue, Bel-Ridge, MO 63121 2/1 832 $110,000 $105,000
95.5% of ask
Aug 28, 2026
90 Greendale Drive, Greendale, MO 63121 3/1 1,404 $187,900 $192,900
102.7% of ask
Aug 28, 2026
5381 Bermuda Drive, Normandy, MO 63121 3/3 1,500 $155,999 $163,799
105% of ask
Aug 28, 2026
7218 Normandy Place, Normandy, MO 63121 3/2 2,042 $155,000 $147,000
94.8% of ask
Aug 28, 2026

Price & Listing History

Listed for sale
Jul 22, 2026 at $385,000
Current status: Active
As of Aug 5, 2026 · $385,000

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