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7412-7418 Olian Drive

Hazelwood, MO 63042
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Bed 0

Bed

Bath 0

Bath

Acres0.13

Acre(Lot)

Stabilized Turn Key 20-Unit Multifamily Investment in Sought-After Hazelwood! Exceptional opportunity to own a stabilized 20-unit apartment building in the highly desirable Hazelwood School District. This well-performing property features a strong mix of 8 one-bedroom units and 12 two-bedroom units, offering both diversity and consistent tenant demand. Units are spacious and updated, with many featuring remodeled kitchens some with granite countertops, updated baths, hardwood or vinyl plank flooring, and stainless steel appliances in select units, mostly updated HVAC systems, water heaters and sewer line replacement. Tenants enjoy the convenience of ample off-street parking, plus access to coin-operated and tenant-owned laundry facilities located in the basements of the buildings. Position ed in a solid rental market with great access to highways, shopping, and major employment hubs, this property is ideal for investors looking for immediate cash flow with long-term growth potential. Tenants pay rent plus utility reimbursements monthly. Well-maintained & professionally managed. Don't miss this chance to add a strong, income-producing asset to your portfolio in one of the most desirable rental markets. PLEASE do not disturb tenants.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,900,000

AD Id : 75604071

MLS Id : MIS26009021

Lot Size : 0.13 Acre

Year Built : 1959

County : Saint Louis

Subdivision: Elm Grove Lane 1

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Feature Features

  • Room Information

    Has Basement: Yes

    Interior Features

    Custom Cabinetry, Granite Counters, Lever Faucets, Storage Roof: Pitched/Sloped, Shingle Appliances: Microwave, Electric Range, Refrigerator Laundry Features: In Basement, Common Area

    Roofing Information

    Pitched/Sloped, Shingle
  • Flooring Information

    Construction Materials: Brick
  • Heating & Cooling

    Heating: Forced Air Cooling: Central Air WaterSource: Public

  • Building Information

    Year Built: 1959
  • Exterior Features

    Courtyard Construction Materials: Brick Foundation Details: Concrete Perimeter

  • Lot Information

    Lot Description: Cleared, Level Lot Square Feet: 5662.8 Lot Acres: 0.13

    Property Information

    Property Type: Residential Income Sub Type: 5 Family or More Style: Apartment Style, Traditional Structure Type: Apartment Building

  • Listing Price Information

    Original List Price:$1900000

  • Tax Information

    Tax Legal Description: ELM GROVE LANE PLAT 1 LOT PTS 8 & 9 (8 5 88) Annual Tax: $16857 Tax Year: 2025 Parcel Number: 08K-12-1127

  • Parking Information

    Additional Parking, Off Street, Parking Lot

  • School Information

    Elementary School: Mcnair Elem. Junior High School: Northwest Middle Senior High School: Hazelwood West High
  • Utility Information

    Sewer Connected Water Source: Public
  • Location Information

    Subdivision: Elm Grove Lane 1 City: Hazelwood
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7018 Midwood Avenue, Hazelwood, MO, 63042 $129,900 3 1 1,872 1,872 SqFt
245 Alma Drive, Hazelwood, MO, 63042 $195,000 3 2 1,160 1,160 SqFt
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32 Queen Ann Drive, Hazelwood, MO, 63042 $184,900 3 2 1,294 1,294 SqFt
516 Queen Ann Drive, Hazelwood, MO, 63042 $105,000 4 2 1,747 1,747 SqFt
7400 Town And Country P.., Hazelwood, MO, 63042 $225,000 3 2 1,663 1,663 SqFt
7415 Foxtrot Drive, Hazelwood, MO, 63042 $199,999 3 2 1,053 1,053 SqFt
7496 Sir Lords Lane, Hazelwood, MO, 63042 $269,900 3 2 1,603 1,603 SqFt
534 Coach Light Lane, Hazelwood, MO, 63042 $271,000 4 2 1,376 1,376 SqFt
7430 Sir Lords Lane, Hazelwood, MO, 63042 $234,900 3 2 1,645 1,645 SqFt
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ByOwner last updated this listing 06/18/2026 @ 06:20

MLS: MARIS2 #26009021 LISTED BY: Chrisy Smith, Realty Executives of St. Louis 314-756-9100 SOURCE: MARIS MLS (Listings courtesy of MARIS MLS as distributed by MLS GRID)

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