For Sale
Multi family home for sale at 7240 Balson Ave, Saint Louis, MO 63130 | MLS# MIS26059688 | Listing updated on 2026-09-30
Photo 1 of Multi family home for sale at 7240 Balson Ave, Saint Louis, MO 63130 | MLS# MIS26059688 | Listing updated on 2026-09-30
Photo 2 of Multi family home for sale at 7240 Balson Ave, Saint Louis, MO 63130 | MLS# MIS26059688 | Listing updated on 2026-09-30
Photo 3 of Multi family home for sale at 7240 Balson Ave, Saint Louis, MO 63130 | MLS# MIS26059688 | Listing updated on 2026-09-30
Photo 4 of Multi family home for sale at 7240 Balson Ave, Saint Louis, MO 63130 | MLS# MIS26059688 | Listing updated on 2026-09-30
23+
Beds Icon

Street View

$489,900

Monthly Est:$2,438

  • Beds Icon3 Beds
  • Beds Icon
    2 Baths
  • Beds Icon2,800sqft

7240 Balson Ave, Saint Louis, MO 63130

$2,438/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1952

  • $-- HOA

  • 5,366.59 sqft lot

  • $175/sq.ft

Description

Welcome to this beautifully renovated University City duplex offering an incredible opportunity for investors or those looking to combine homeownership with rental income! Fully renovated in 2025, this property has undergone extensive improvements throughout, providing updated finishes along with significant upgrades to many of the home’s major components. Updates include new major mechanical systems, a new roof, new windows, new concrete driveway and walkways, updated flooring, fresh paint, new appliances, and beautifully renovated kitchens and baths.

Both units offer spacious and thoughtfully designed layouts featuring 3 bedrooms and 2 full baths. Step inside each unit
to a bright and inviting living and dining room combination with beautiful hardwood floors, abundant natural light, and plenty of room for both everyday living and entertaining. The renovated kitchens feature granite countertops, modern fixtures, stainless steel appliances, ample cabinetry, and generous prep space, creating a functional and updated space for cooking and gathering.

Each unit includes a spacious primary bedroom with a private ensuite bath, providing added privacy and convenience. Two additional bedrooms offer flexibility for family, guests, a home office, or additional living space, while an updated full hall bath completes each unit. The thoughtful layouts and extensive renovations make both units comfortable and move-in ready.

The property also offers impressive income potential. The second-floor unit is currently leased for $1,795 per month, while the first-floor unit previously rented for $1,995 per month. Whether you’re looking to add a renovated multi-family property to your investment portfolio, rent both units for income potential, or live in one unit while generating rental income from the other, this duplex provides plenty of flexibility.

Additional features include basement storage space, washer/dryer hookups, dedicated off-street parking, and a fenced backyard offering additional outdoor space for residents to enjoy. With extensive 2025 renovations already completed, this property provides the opportunity to enjoy the benefits of an updated multi-family property without taking on a major renovation project.

Conveniently located in University City near shops, restaurants, parks, the Delmar Loop, Washington University, and many of the surrounding area’s amenities, this property brings together updated living spaces, income potential, and a prime location—all in one!

  • Houzeo last checked: 12 hours ago
  • Listing updated: September 30, 2026 at 8:25 pm
  • Listing Provided by: Brian Tash (314) 893-7870 | The Agency (314) 677-1477
  • Source: MARIS MLS-MO | MLS#: MIS26059688 MARIS MLS-MO

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Building
7240 Balson Ave
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    St. Louis County

  • City

    Saint Louis

  • Neighborhood

    --

  • Year Built

    1952

  • HOA Fees

    -

  • Finished Area

    2,800 sqft

  • Lot Size

    5,366.59 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    MARIS MLS

  • MLS Number

    MIS26059688

  • MLS Status

    Active

  • Days on Market

    22

  • Cumulative Days on Market

    5

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedrooms: 3

    Bathrooms: 2

Interior

  • Appliances

    Stainless Steel Appliance(s), Dishwasher, Electric Oven, Refrigerator

  • Cooling

    Central Air

  • Flooring

    Hardwood

  • Heating

    Forced Air

  • Interior Features

    Dining/living Room Combo, Granite Counters, Shower, Storage, Tub

Construction

  • Year Built

    Year Built: 1952

  • Home type

    Multi Family

  • Architectural Style

    Traditional

  • Construction Materials

    Brick, Brick Veneer

Utilities & Energy

  • Utilities

    Electricity Connected, Sewer Connected, Water Connected

  • Basement

    Storage Space, Unfinished

  • Parking Features

    Basement, Covered, Driveway, Garage, Off Street

  • Electric

    Other

  • Water Source

    Public

  • Laundry Features

    In Basement

Other Features

  • Subdivision Name

    Balsons Sub Of Shaftesbury Heights

  • Disclosures

    Lead Paint, Seller Property Disclosure

Price History

DateEventPrice

09/25/2026

Source: mls_logoMARIS MLS-MO #MIS26059688

Listed for Sale

$489,900

$175/sqft

09/15/2026

Source: mls_logoMARIS MLS-MO #MIS26059688

Coming Soon

$489,900

$175/sqft

Getting Around 7240 Balson Ave

Bike Score®

Bike Score

Bikeable

58/100

Walk Score®

Walk Score

Car-Dependent

50/100

Transit Score®

Transit Score

Some Transit

38/100

Data provided by Redfin

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Based on information from Mid America Regional Information Systems, Inc. through Oct 07, 2026, 06:01AM. 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. Some IDX listings have been excluded from this website. Properties displayed may be listed or sold by various participants in the MLS. Property data presented reflect information otherwise available from public records. The REALTOR® providing this information may not have represented the buyer or seller in some or all of the transactions.
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