MO
St. Louis
University City
63130
7028 Julian Avenue
7028 Julian Avenue, University City, MO 63130
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Listing Type
Single Family
Listing Status
Coming Soon
10
$139,000

Home Details for 7028 Julian Avenue

Price
$139,000
Type
Residential
Bedrooms
2
Total Bathrooms
1
Full Bathrooms
1
Square feet
864
Year built
1954
Lot size acres
0.1481
County
St. Louis
Total rooms
6
Basement
Concrete, Daylight, Exterior Entry, Partially Finished, Full, Interior Entry, Storage Space
MLS Listing#
26057445
Property Description

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.

Property Features
  • Basement
    • Concrete
    • Daylight
    • Exterior Entry
    • Partially Finished
    • Full
    • Interior Entry
    • Storage Space
  • Utilities
    • Cable Available
    • Electricity Connected
    • Natural Gas Connected
    • Phone Available
    • Sewer Connected
    • Water Connected
  • Parking
    • Asphalt
    • Driveway
    • On Street
  • Heating Information
    • Forced Air
    • Exhaust Fan
  • Cooling Information
    • Central Air
  • Water Features
    • Public
School Information
School Information for 7028 Julian Avenue, University City, MO 63130
Elementary School
Pershing Elem.
Middle School
Brittany Woods
High School
University City Sr. High
Listing Courtesy: EXP Realty, LLC - 866-224-1761
Presented by: Aden McCurdy
Mid America Regional Information Systems logo Based on information submitted to the MLS GRID as of 2026-09-06 10:40:07 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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EXIT ELITE REALTY
630 Jeffco Blvd, Arnold, MO 63010
Office
636 464 3222
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