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Property view

7028 Julian Avenue, 
University City, MO 63130

$129,000

Last List Price

2

Beds


1

Bath


864

Sq Ft


Single Family

Sold

Listed by

Aden Mccurdy

Bought with House Sold Easy Realty, LLC

eXp Realty, LLC.

MLS#

26057445

Source:

MO MARIS

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About This Home

7028 Julian Avenue

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 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.

Home Facts

Single Family

1 Bath

2 Bedrooms

Built in 1954

Subdivision & Development:

McNamee Heights

Price Summary

129,000

$149 per Sq. Ft.

MLS #:

26057445

Sold:

October 15, 2026


Rooms & Interior

Bedrooms

Total Bedrooms:

2

Bathrooms

Total Bathrooms:

1

Full Bathrooms:

1

Interior

Living Area:

864 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

864 Sq. Ft.

Year Built:

1954


Lot

Lot Size (Sq. Ft):

6,451


Finances & Disclosures

Finances

Price:

$129,000

Price per Sq. Ft:

$149 per Sq. Ft.

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