Back to Search Results

7028 Julian Avenue, University City, MO, 63130

TURNKEY SECTION 8 INVESTMENT | 12+ YEAR STABILIZED RESIDENT Turnkey single-family cash-flow asset located in McNamee Heights (University City, 63130). Delivering immediate, stabilized returns with a reliable Section 8 resident of 12+ years and extensive recent mechanical updates. INVESTMENT HIGHLIGHTS: Monthly Rent: $1,400/month ($1,164 Housing Assistance / $236 Tenant portion) Gross Annual Income: $16,800 (12.1% Gross Yield at $139k purchase) Tenant Pays: Electric, Gas, Water, and complete Yard Maintenance Owner Pays: Sewer and Trash only CAPEX & MECHANICAL UPDATES: Capital improvements already completed (with permits): HVAC: Brand new central furnace & A/C system (Installed June 2025) Plumbing: Modernized PVC main stack Electrical: Updated breaker panel Roof & Gutters: Architectural shingle roof (Installed October 2017) Water Heater: Modern, updated unit FUTURE VALUE-ADD / CONVERSION POTENTIAL: Another property on the block, with the identical 864 sq ft footprint converted into a 3-bedroom layout. This provides future owners the option to add a 3rd bedroom within existing square footage upon turnover, unlocking higher HUD Fair Market Rent tiers and proven equity upside. Basement is Partially-finished, Egress windows can be added to increase official Bedrooms / Sqft Property being sold as-is, tenant-occupied. Please do not disturb the tenant. Showings and interior access granted upon an accepted contract. Leases, ledgers, and documentation available upon request.

Subdivision: McNamee Heights

List Price

$ 129,000

Status

Pending

Days on market

0

MLS#

26057445

Bedrooms

2

Full baths

1

Sq. Ft. Above

864

Sq. Ft. Below

250

Subdivision

McNamee Heights

Municipality

University City

School District

University City

County

St Louis

Property Type

Residential

Style

Ranch

Type

Residential

Additional Information

Property Tax (2025)

$1,367

Recent Nearby Sales in 63130

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
1043 Midland Boulevard, University City, MO 63130 3/2 1,343 $269,000 $269,000
100% of ask
Sep 16, 2026
418 Mission Court, University City, MO 63130 3/3 2,615 $3,995 $3,995
100% of ask
Sep 15, 2026
603 Westgate Avenue, 603D, University City, MO 63130 2/3 1,194 $224,900 $210,000
93.4% of ask
Sep 15, 2026
935 Barnard College Lane, University City, MO 63130 3/3 2,300 $519,000 $508,000
97.9% of ask
Sep 15, 2026
1723 Gulf Drive, Vinita Park, MO 63130 3/2 1,196 $224,900 $224,900
100% of ask
Sep 14, 2026
7426 Stanford Avenue, University City, MO 63130 2/2 1,351 $399,999 $400,000
100% of ask
Sep 10, 2026

Price & Listing History

Listed for sale
Sep 9, 2026 at $139,000
Price reduced by $10,000 (7.2%)
From $139,000 to $129,000
Current status: Pending
As of Sep 16, 2026 · $129,000

Mortgage Estimator

Estimate your monthly payment. Adjust the sliders below.

Estimated Monthly Payment
$0
Principal & Interest: $0 · Tax: $0 · Ins: $0
Loan Amount: $0
Total Interest: $0
Total of Payments: $0
A Guerrilla Brokers, LLC agent will connect you with a trusted local lender.

Estimate only. Not a loan offer. Consult a lender for an accurate quote, including HOA fees, PMI, and current rates.