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$2,975,000 Just Listed
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Property Description
Calling all investors! Don't miss out on this rare multi-unit investment opportunity in Hazelwood, MO. This offering includes 35 total units within the desirable Morningside Condominiums, consisting of 32 spacious 2-bedroom, 1.5-bath condo units and 3 additional 1-bedroom, 1-bath apartment style units. The 2-bedroom condos feature generous layouts and have in-unit washer and dryer located in the basement, providing added convenience and tenant appeal. Units are notably spacious, offering more living space than typical comparable properties. This is a low maintenance, stable asset with strong rental demand and immediate value-add potential through rent increases. This is a unique opportunity to acquire a well=performing multifamily portfolio in a solid Hazelwood location, ideal for investors seeking cash flow and upside.
Full Property Details
Full Property Details for 7238 N Hanley Rd
General
- Price: $2,975,000
- Taxes: $1,033 (2025)
- Status: Active
- Type: Single Family
- Source: MARIS
- MLS ID: 26003800
- Updated: 1/21/2026
- Added to Site: 1 day(s) ago
Interior
- Appliances: Oven, Refrigerator
Parking
- Parking Features: On Site
Location
- Area: 48 - Hazelwood West
- County: St. Louis
- Township: Hazelwood
- Subdivision: Morningside Townhomes
School Information
- High School District: Hazelwood
- Elementary School: Armstrong Elem.
- Middle School: West Middle
- High School: Hazelwood West High
Community
- Units Assoc/Comm: 35
Heating & Cooling
- Cooling Type: Central Air Conditioning
Utilities
- Water: Public
Structural Information
- Architectural Style: Apartment Style
- Basement: Yes
- Basement Desc.: Partially Finished
- Year Built: 1967
Financial Considerations
- Tax Amount: $1,033.33
- Tax Year: 2025
Disclosures and Reports
- Ownership: Private
- Special Conditions: Listing As Is, Standard
- Disclosures/Reports: None
- Property ID: 10K641642
Listed by Salient Realty Group, LLC
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Schools
Schools serving 7238 N Hanley Rd
School District:Hazelwood School District
| Name | Grades | Distance |
|---|---|---|
Armstrong Elementary School 6255 Howdershell Road, Hazelwood, MO 63042 | K-5 | 2.6 mi |
West Middle School, Hazelwood, MO 12834 Missouri Bottom Road, Hazelwood, MO 63042 | 6-8 | 4.2 mi |
Hazelwood West High School 1 Wildcat Lane, Hazelwood, MO 63042 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7238 N Hanley Rd
Date
Details
Price
Change
Source
1/20/2026
Listed
$2,975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 7238 N Hanley Rd
Year
Property Taxes
Change
Tax Assessment
Change
2024
$817
-1%
$10,070
—
2023
$825
32%
$10,070
45%
2021
$627
-2%
$6,960
—
2022
$638
2%
$6,960
-8%
2021
$627
-12%
$7,580
—
2019
$713
13%
$7,580
22%
2018
$630
—
$6,210
—
2017
$629
8%
$6,210
9%
2016
$582
2%
$5,680
—
2015
$568
-1%
$5,680
—
2013
$572
—
$5,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 7238 N Hanley Rd
7238 N Hanley Road, Hazelwood, MO 63042 (MLS# 26003800) is a Single Family property with 0 bedrooms and 0 full bathrooms. 7238 N Hanley Road is currently listed for $2,975,000 and was received on January 20, 2026. Want to learn more about 7238 N Hanley Road? Do you have questions about finding other Single Family real estate for sale in Hazelwood? You can browse all Hazelwood real estate or contact a Coldwell Banker agent to request more information.

