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7403 Olian Drive

Hazelwood, MO 63042

– beds
– baths
3,484 sqft
12,602 sqft lot
$86 per sqft
1958 build
– on site

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This property is breeze to rent! All units have 2-beds/1-bath with open floor plan. Some updates to three units include kitchens, bathrooms, appliances, cabinets. Carpet in two units (2019), two new refrigerators (2019), new furnace (2019), new windows in one unit (2019), new steps poured (2020), two new water heaters (2021). Newer roof and condenser units. Federal Pacific electric panels. Storage, laundry hookups, and two reserved off-street parking spots per unit make for happy residents. Tenants pay electric/gas. Owner pays sewer, water, trash, lawn, & maintenance. With current rents and a proven pro-forma rent for vacant unit, less existing expenses, this property is at a 8.12% cap rate at asking price. Manage yourself or factor in a management fee for convenience. Rentometer indicates plenty of room to grow rents. Also available with two other 4-families as a package under MLS#23011906.

Listing courtesy of MARIS / Radius Realty

Last checked: Checking… • Last updated May 29, 2025 •

MLS# 23011913 —

The Building

Year Built:

1958
Construction Materials:

Brick
Unit Count:

4
Number Of Units Total:

4
Basement:

false
Above Grade Finished Area:

3,484 Sqft

Interior

Fireplace:

false
Living Area Source:

Assessor
Living Area:

3484
Laundry Features:

Laundry Room

Financial & Terms

Listing Terms:

Cash, Conventional, 1031 Exchange
Ownership Type:

Private
Possession:

Close Of Escrow

Location

Longitude:

-90.356288
Latitude:

38.785959

The Property

Property Sub Type:

2-4 Units
Property Type:

Residential Income
Parcel Number:

08K-11-0040
Lot Size Acres:

0.289
Lot Size Area:

0.29
Lot Size Units:

Acres
Lot Size Square Feet:

12,602 Sqft
Lot Size Dimensions:

84x150
Lot Size Source:

Public Records
Waterfront:

false
Road Surface Type:

Asphalt

Listing Agent

Contact info:

Taxes

Tax Year:

2022
Tax Annual Amount:

$3,603

Heating & Cooling

Cooling:

Central Air, Electric
Heating:

Natural Gas, Forced Air

Utilities

Sewer:

Public Sewer
Water Source:

Public

Appliances

Appliances:

Gas Water Heater

Schools

Elementary School:

Mcnair Elem.
Middle School:

Northwest Middle
High School:

Hazelwood West High
High School District:

Hazelwood

The Community

Subdivision Name:

Elm Grove Lane 1
Association Fee Frequency:

None
Pool:

No

Parking

Parking Features:

Assigned, Off Street
Garage:

false
Carport:

false

Explore the Area

My Commute

From

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
4/13/23 Apr 13, 2023	Sold	MARIS	$300,000

Multifamily Sold on 4/13/2023

$300,000

Listing provided by broker:

Tammy K Derrigan

Radius Realty

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Listing Courtesy of: MARIS and Radius Realty.

Based on information submitted to the MLS GRID. 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.

Information from Third Parties, Deemed Reliable but Not Verified.

7403 Olian Drive

Hazelwood, MO 63042