Features & Amenities

Interior

  • Other Interior Features

    Granite Counters, Storage

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    2800.0

  • Basement YN

    YES

  • Cooling YN

    YES

  • Cooling

    Central Air

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Forced Air

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    2

  • Construction Materials

    Brick, Brick Veneer

  • Parking

    Basement, Covered, Driveway, Garage, Off Street

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1232

  • Lot Size(square feet)

    5,366

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Traditional

Price

  • Sales Price

    $489,900

  • Tax Amount

    $6,328

  • Sq. Footage

    2,800

  • Price/SqFt

    $174

HOA

  • Association

    No

School District

  • Elementary School

    Jackson Park Elem.

  • Middle School

    Brittany Woods

  • High School

    University City Sr. High

Property Features

  • New Construction

    NO

  • Water Source

    Public

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Location

County

St. Louis

Elementary School

Jackson Park Elem.

Middle School

Brittany Woods

High School

University City Sr. High

Listing Courtesy of Brian Tash, The Agency

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Agent Paul Dameron

Broker/Realtor/Sales

Paul Dameron

Call Paul today to schedule a private showing.


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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!

7240 Balson Avenue

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