7028 Julian Avenue, University City, MO 63130
Local realty services provided by:CENTURY 21 Premiere Realty
7028 Julian Avenue,University City, MO 63130
$139,000
- 2 Beds
- 1 Baths
- 864 sq. ft.
- Single family
- Active
Listed by: aden mccurdy
Office: exp realty, llc.
MLS#:26057445
Source:MO_MARIS
Price summary
- Price:$139,000
- Price per sq. ft.:$160.88
About this home
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....
Contact an agent
Home facts
- Year built:1954
- Subdivision & Development:McNamee Heights
- Listing ID #:26057445
- Added:5 day(s) ago
- Updated:September 10, 2026 at 03:37 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Rooms Total:6
- Kitchen Description:Refrigerator
- Basement:Yes
- Basement Description:Concrete, Full, Partially Finished, Storage Space
- Living area:864 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Year built:1954
- Building area:864 sq. ft.
- Lot area:0.15 Acres
- Architectural Style:Ranch
- Construction Materials:Vinyl Siding
- Foundation Description:Concrete
- Levels:1 Story
Schools
- High school:University City Sr. High
- Middle school:Brittany Woods
- Elementary school:Pershing Elem.
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$139,000
- Price per sq. ft.:$160.88
- Tax amount:$1,367 (2025)
Parking
- Parking description:On Street
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