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$489,900
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Property Description
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!
Full Property Details
Full Property Details for 7240 Balson Ave
General
- Price: $489,900
- Taxes: $6,328 (2025)
- Status: Active
- Type: Single Family
- Source: MARIS
- MLS ID: 26059688
- Updated: 9/25/2026
- Added to Site: 15 day(s) ago
Interior
- Interior Features: Dining/Living Room Combo, Granite Counters, Shower, Storage, Tub
- Appliances: Stainless Steel Appliance(s), Dishwasher, Electric Oven, Refrigerator
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Parking Features: Basement, Covered, Driveway, Garage, Off Street
Location
- Area: 136 - University City
- County: St. Louis
- Township: University City
- Subdivision: Balsons Sub Of Shaftesbury Heights
School Information
- High School District: University City
- Elementary School: Jackson Park Elem.
- Middle School: Brittany Woods
- High School: University City Sr. High
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Water: Public
- Utility Description: Electricity Connected, Sewer Connected, Water Connected
Structural Information
- Architectural Style: Traditional
- Basement: Yes
- Basement Desc.: Storage Space, Unfinished
- Square Feet: 2,800
- Year Built: 1952
Lot Features
- Lot Size (Acres): 0.1232
- Lot Size (Sq. Ft.): 5,366.59
Financial Considerations
- Tax Amount: $6,328
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Disclosures/Reports: Lead Paint, Seller Property Disclosure
- Property ID: 17J-21-0787
Listed by The Agency
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Schools
Schools serving 7240 Balson Ave
School District:University City School District
| Name | Grades | Distance |
|---|---|---|
Jackson Park Elementary School 7400 Balson Avenue, University City, MO 63130 | K-5 | 0.3 mi |
Brittany Woods 8125 Groby Road, University City, MO 63130 | 6-8 | 1.3 mi |
University City Sr. High School 7401 Balson Avenue, University City, MO 63130 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 7240 Balson Ave
Date
Details
Price
Change
Source
9/25/2026
Listed
$489,900
—
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 7240 Balson Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,328
16%
$93,370
—
2024
$5,446
—
$93,370
22%
2024
$5,446
—
$76,610
—
2023
$5,440
28%
$76,610
36%
2022
$4,257
—
$56,390
—
2021
$4,263
—
$56,390
5%
2021
$4,263
3%
$53,730
—
2019
$4,130
9%
$53,730
18%
2018
$3,802
—
$45,700
—
2017
$3,810
18%
$45,700
23%
2016
$3,236
—
$37,070
—
2015
$3,249
12%
$37,070
14%
2014
$2,911
3%
$32,510
—
2013
$2,826
—
$32,510
—
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 7240 Balson Ave
7240 Balson Avenue, Saint Louis, MO 63130 (MLS# 26059688) is a Single Family property with 0 bedrooms and 0 full bathrooms. 7240 Balson Avenue is currently listed for $489,900 and was received on September 25, 2026. Want to learn more about 7240 Balson Avenue? Do you have questions about finding other Single Family real estate for sale in Saint Louis? You can browse all Saint Louis real estate or contact a Coldwell Banker agent to request more information.

