Properties

Residential Income For Sale

7412-7418 Olian Drive, Hazelwood, Missouri 63042

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Property Description

Stabilized 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, wood or vinyl plank flooring, and stainless steel appliances in select units, mostly updated HVAC systems & water heaters. 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.
Positioned 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.

Basic Details
Property Type : Residential Income
Listing ID : 25041844
Price : $1,950,000
Year Built : 1959
Lot Area : 0.13 Acre
Status : Active
Property Sub Type : 5 Family or More
Roof : Shingle, Pitched/Sloped
Features
Heating System : Forced Air
Cooling System : Central Air
Basement : Unfinished, Concrete, Storage Space
Fence : None
Parking : Off Street, Additional Parking, Parking Lot
SchoolDistrict : Hazelwood
Taxes Paid : $0
Exterior Features : Courtyard
Interior Features : Custom Cabinetry, Granite Counters, Storage, Lever Faucets
Laundry Features : In Basement, Common Area
Utilities : Sewer Connected
Window Features : Window Coverings
Architectural Style : Traditional, Apartment Style
Appliances
Appliances : Microwave, Refrigerator, Electric Range
Address Map
Directions : 270 N Take exit 25 for US-67/Lindbergh Blvd. Turn left onto US-67 N/N Lindbergh Blvd. Turn left onto Elm Grove Ln. Turn right onto Olian Dr, buildings will be on right.
Mls Area Major : 48 - Hazelwood West
Neighborhood
Elementary School : Mcnair Elem.
High School : Hazelwood West High
High School District : Hazelwood
Middle School : Northwest Middle
Additional Information
Electric : Ameren
Foundation Details : Concrete Perimeter
Levels : Two
Lot Features : Level, Cleared
Number Of Units Total : 20
On Market Date : 2025-06-17
Water Source : Public
Construction Materials : Brick
Financial
Tax Annual Amount : 16857
Listing Information
List Agent Mls Id : SCHROBER
List Office Mls Id : EXSL01
Listing Term : 1031 Exchange,Cash,Conventional,Private
Mls Status : Active
Modification Timestamp : 2025-06-17T20:05:39Z
Originating System Name : MARIS
Special Listing Conditions : Standard
Status Change Timestamp : 2025-06-17T20:03:50Z
Co List Agent Full Name : Joshua Harger
Co List Agent Mls Id : JOHARGER
Co List Office Mls Id : EXSL01
Co List Office Name : Realty Executives of St. Louis
Residential Income
  • Listing ID : 25041844
  • Lot Area : 0.13 Acre
$1,950,000
Agent info
1 Degree Realty
8930 Gravois Road
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