BEDS0
BATHS
SQUARE FEET34,300
MLS#26034791
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONBlackberry Terrace 2nd Add
SCHOOLUniversity City
Property Description
1000 Wild Cherry Lane presents a rare opportunity to acquire a 28-unit multifamily asset in the heart of University City. The property features an attractive unit mix of spacious three-bedroom, two-bathroom apartments, offering a highly desirable housing option for families and long-term residents. Following a substantial $600,000 price reduction, this offering now presents compelling value for investors seeking strong upside potential in a growing submarket. Large floor plans, consistent rental demand, and a location surrounded by significant public and private investment position this asset for future appreciation and operational growth. The property is strategically located near the ongoing redevelopment and investment along the Olive Boulevard corridor and is just minutes from University City High School, major employers, retail centers, restaurants, and transportation routes. As University City continues to benefit from revitalization efforts and new development, investors have the opportunity to acquire a sizable asset at a significantly improved basis. With 28 oversized units in a supply-constrained market, 1000 Wild Cherry Lane offers scale, strong resident appeal, and long-term investment potential.
Property Features
Property Type: Multi Unit - Multiple
Basement: None
Cooling: Central Air, Gas
Heating: Forced Air, Natural Gas
Home Style: Apartment Style
Lot Size: 0.15 Acres
Taxes: $5,810
Year Built: 1959
Feature Descriptions
Appliances: Oven, Refrigerator
Exterior: Brick Veneer
Parcel#: 17K-34-0014
Local Schools
High School: University City Sr. High
Middle School: Brittany Woods
Elementary School: Jackson Park Elem.
School District: University City
Listed By / Shown By
Listed By
Agency Name: Salient Realty Group, LLC
Shown By
Agent Name: Angi Dunham
Agent Phone:
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 19,999.51 per month $18,523.68 Principal & Interest $484.17 Property Tax $991.67 Homeowner's InsuranceChange Payment Information
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1000 Wild Cherry Lane | MLS# 26034791
This multi-family property located at 1000 Wild Cherry Lane , University City, MO 63130 is currently listed for sale with an asking price of $3,400,000. Wild Cherry Lane is located within the University City school district. Search University City real estate on angidunham.redkeystlouis.com today.