5522 Delmar Boulevard, Saint Louis, MO 63112
Local realty services provided by:CENTURY 21 Community
5522 Delmar Boulevard,St Louis, MO 63112
$5,520,000
- - Beds
- - Baths
- 29,813 sq. ft.
- Multi-family
- Active
Listed by: anthony klier
Office: the agency
MLS#:26065788
Source:MO_MARIS
Price summary
- Price:$5,520,000
- Price per sq. ft.:$185.15
About this home
The Tanjiers is a seven-story, 48-unit elevator building on Delmar Boulevard in DeBaliviere Place, offered at $115,000 per unit. Location is the headline: the WashU Delmar DivINe shuttle stops directly across Delmar, WashU's Danforth Campus and the WashU Medical Campus/Barnes-Jewish Hospital are each about 1.2 miles away, and Forest Park, the Forest Park-DeBaliviere MetroLink station and the Delmar Loop are all minutes from the front door. Units were renovated in 2019-2020 with LVP flooring, white shaker kitchens with subway-tile backsplashes and stainless appliances, tiled baths, central heating and cooling, and washer/dryer hookups in every unit. Common areas received capital improvements following the May 2025 storm, and a landscaped terrace frames the entrance. The mix of 20 studios, 21 one-bedrooms and 7 two-bedrooms is built for the steady renter demand around WashU and SLU. Per the October 7, 2026 rent roll, 45 of 48 units are leased or pending and every one sits below ownership's target rent, an $88,440 annual base-rent gap. With 41 of 45 leases ending by August 2027, including 16 in July, a new owner has a clear window to move rents toward target ahead of the 2027-28 school year. Annualized scheduled income against trailing-12 expenses indicates a 7.88% cap rate, with a 9.64% pro forma at target rents. Real estate tax abatement is reported through 2030. Buyer to verify all information....
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Home facts
- Year built:1950
- Subdivision & Development:Bell Place Add
- Listing ID #:26065788
- Added:11 day(s) ago
- Updated:October 24, 2026 at 03:29 PM
Rooms and interior
- Kitchen Description:Microwave, Refrigerator
- Living area:29,813 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Roof:Flat
- Year built:1950
- Building area:29,813 sq. ft.
- Lot area:0.43 Acres
- Architectural Style:High-Rise-4+ Stories
- Construction Materials:Brick
- Levels:3 Story
Schools
- High school:Sumner High
- Middle school:Yeatman-Liddell Middle School
- Elementary school:Hamilton Elem. Community Ed.
Utilities
- Water:Public
Finances and disclosures
- Price:$5,520,000
- Price per sq. ft.:$185.15
- Tax amount:$17,788 (2025)
Features and amenities
- Amenities:Open Floorplan
Parking
- Parking description:Off Street, Parking Lot
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