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7240 Balson Avenue, University City, MO, 63130

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!

Subdivision: Balsons Sub Of Shaftesbury Heights

List Price

$ 489,900

Status

Coming Soon

Days on market

0

MLS#

26059688

Bedrooms

0

Full baths

0

Sq. Ft. Above

2,800

Subdivision

Balsons Sub Of Shaftesbury Heights

Municipality

University City

School District

University City

County

St Louis

Property Type

Residential Income

Style

Traditional

Type

Residential Income

Additional Information

Property Tax (2025)

$6,328

Recent Nearby Sales in 63130

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
561 Bedford Avenue, University City, MO 63130 4/4 2,676 $810,000 $861,000
106.3% of ask
Sep 17, 2026
8047 Amherst Avenue, University City, MO 63130 4/3 1,908 $539,000 $533,000
98.9% of ask
Sep 17, 2026
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

Price & Listing History

Listed for sale
Sep 21, 2026 at $489,900
Current status: Coming Soon
As of Sep 21, 2026 · $489,900

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