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.
Active
$1,950,000
7412-7418 Olian Dr, Hazelwood, MO 63042
3beds
2baths
4,314sqft
Est.:
Multi Family, Apartment
Built in 1959
-- sqft lot
$-- Zestimate®
$452/sqft
$-- HOA
What's special
Updated bathsGranite countertopsOff-street parkingRemodeled kitchensStainless steel appliances
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- on Zillow |
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Zillow last checked: 7 hours ago
Listing updated: June 18, 2025 at 02:45pm
Listing Provided by:
Chrisy Smith 314-808-3700,
Realty Executives of St. Louis,
Joshua A Harger 314-960-0003,
Realty Executives of St. Louis
Source: MARIS,MLS#: 25041844
Originating MLS: St. Louis Association of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Microwave, Electric Range, Refrigerator
- Laundry: In Basement, Common Area
Features
- Custom Cabinetry, Granite Counters, Lever Faucets, Storage
- Windows: Window Coverings
- Basement: Concrete,Storage Space,Unfinished
- Has fireplace: No
Interior area
- Total interior livable area: 4,314 sqft
- Finished area above ground: 4,314
Property
Parking
- Parking features: Additional Parking, Off Street, Parking Lot
Features
- Levels: Two
- Exterior features: Courtyard
- Fencing: None
Lot
- Size: 5,662.8 Square Feet
- Features: Cleared, Level
Details
- Parcel number: 08K121127
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Apartment Style,Traditional
- Property subtype: Multi Family, Apartment
Materials
- Brick
- Foundation: Concrete Perimeter
- Roof: Pitched/Sloped,Shingle
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1959
Utilities & green energy
- Electric: Ameren
- Water: Public
- Utilities for property: Sewer Connected
Community & HOA
Community
- Subdivision: Elm Grove Lane 1
HOA
- Has HOA: No
Location
- Region: Hazelwood
Financial & listing details
- Price per square foot: $452/sqft
- Annual tax amount: $16,857
- Date on market: 6/17/2025
- Listing terms: 1031 Exchange,Cash,Conventional,Private
- Ownership: Private
- Road surface type: Concrete
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