753–755 Lepere Avenue is a well-located two-family property in University City, bordering Olivette in the highly desirable 63132 market. The location provides convenient access to Clayton, Washington University, major employment centers, shopping, dining and the region’s primary transportation corridors. Its combination of suburban convenience and proximity to central St. Louis makes the property attractive to both investors and owner-occupants. Built in 1957, the one-story brick building contains approximately 1,960 square feet with two spacious two-bedroom residences of approximately 975 square feet each. Property features include central air, a full basement, private entrances, a shared backyard and a large deck. Select interior improvements include hardwood floors and a modern kitchen with stainless steel appliances, while additional updates to the less-improved areas provide a practical path to further value creation. The property is fully occupied with current monthly rents of $1,450 and $1,350, producing $2,800 in monthly scheduled income. University City rental data indicate a median asking rent of approximately $1,600, while nearby two-bedroom offerings range from approximately $1,445 into the mid-$1,700s. The property next door at 757 Lepere sold for $375,000 in 2024, with one unit more updated and one unit less updated than 753-755. Other recent University City two-family sales reached $382,000, $400,000, $410,000 and $466,000, with Lepere being in a superior location. These sales, together with the property’s location and owner-occupant appeal, support a compelling opportunity to acquire a stabilized asset with additional rental upside.
0 Bed
0 Bath
1,960 sq.ft
$0 per sq.ft
Traditional
$ 369,900
Pending
0
26063776
0
0
1,960
Le Pere
St Louis City
University City
St Louis
Residential Income
Traditional
Residential Income
$3,750
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 1229 Olivette Drive, Olivette, MO 63132 | 3/2 | 1,008 | $265,000 | $292,000 110.2% of ask |
Oct 15, 2026 |
| 931 Dalkeith Lane, University City, MO 63132 | 3/2 | 1,478 | $349,000 | $330,000 94.6% of ask |
Oct 13, 2026 |
| 8201 Braddock Drive, University City, MO 63132 | 5/2 | 2,487 | $249,000 | $235,000 94.4% of ask |
Oct 1, 2026 |
| 24 Nantucket Lane, Olivette, MO 63132 | 3/2 | 1,814 | $675,000 | $725,000 107.4% of ask |
Sep 30, 2026 |
| 1111 Appleseed Lane, A, Olivette, MO 63132 | 2/2 | 924 | $155,000 | $155,000 100% of ask |
Sep 29, 2026 |
| 874 ALBEY Lane, University City, MO 63132 | 4/3 | 1,995 | $574,900 | $550,000 95.7% of ask |
Sep 29, 2026 |
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Discover this stylish, all-electric Smart Home situated in a quiet neighborhood in University City. Featuring brand-new systems - including plumbing, electrical, furnace, central air and windows - this residence has gleaming hardwood floors, freshly painted, newly updated kitchen and bathroom. There are integrated smart cameras, smart thermostat and premium smart kitchen finishes. Enjoy peace of mind and modern convenience steps away from University City's new retail developments!
MAJOR UPDATE! Property is back on the market following the installation of a brand-new sewer lateral from the home to the main, along with new sod in the front yard. This significant improvement has already been completed for the next owner! Completely renovated and move-in ready, this stunning 3-bedroom, 2.5-bath home combines timeless charm with extensive modern updates. The main level features two spacious living areas, each with its own fireplace, offering flexible space for entertaining, relaxing, or working from home. The beautifully updated kitchen includes new stainless steel appliances and opens to a screened-in porch overlooking the fenced backyard—perfect for enjoying morning coffee or evening gatherings. Recent improvements provide peace of mind for years to come, including a new roof, HVAC system, water heater, gutters, plumbing stacks, and electrical panel. The home offers two full bathrooms on the main level and a convenient half bath in the finished lower level. Located on a quiet cul-de-sac, this home delivers the perfect combination of modern updates, functional living space, and outdoor enjoyment. A rare opportunity to own a fully renovated home with major mechanical and structural updates already completed. Ideally located near shopping, dining, and everyday conveniences, this home offers easy access to nearby restaurants, retail, and major roadways—making daily life both convenient and connected.
Discover an exceptional new townhome community in the heart of Olivette — located within the highly sought-after Ladue School District! This exciting 33-unit development is situated on a beautiful 3-acre site, offering luxury new construction in one of the area’s most desirable and centrally located neighborhoods. Construction of Phase I is nearing completion, and occupancy has officially begun! The thoughtfully designed community features 7 residential buildings — including five 5-unit buildings and two 4-unit buildings — with spacious floor plans of approximately 2,800 square feet. Every end unit is designed to impress with windows on three elevations, creating exceptional natural light throughout. Select end units also include private elevators for added convenience and luxury. Buyers will enjoy the high-end finishes and quality craftsmanship that have become the signature of this respected builder’s projects. Demand has been tremendous — Phase I is already 70% sold out! Adding even more value, this thriving area is currently experiencing nearly $500 million in new development, making this an incredible opportunity to own in one of the region’s fastest-growing luxury corridors. With unbeatable access to major employers, shopping, dining, and highways, the central location simply cannot be matched. It’s also a fantastic option for Boeing employees seeking convenience and upscale living close to work. Priced from $799,900 to $899,000, these townhomes represent one of the best values for new construction in the Ladue School District. The display home is now open for viewing — come experience the lifestyle, quality, and excitement for yourself!
