Listing provided courtesy of Salient Realty Group, LLCas Distributed by MLSGrid- MLS# 26034791MLS Provider

1000 Wild Cherry LaneUniversity City, MO 63130

Multi-Family · 34,300 Sq. ft. | 0.15 Acres
$3,400,000 Active

1000 Wild Cherry Lane Overview

Visits:
2

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

1000 Wild Cherry Lane Facts & Features

  • Type Multi-Family
  • Sq. ft. 34,300
  • Price/Sq.ft. $99
  • Lot 0.15 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: University City
  • Elementary School: Jackson Park Elem.
  • Middle Or Junior School: Brittany Woods
  • High School: University City Sr. High

Income/Expenses

  • Other Expense: 181759
  • Gross Income: 359045
  • Net Operating Income: 177286

Building Information

  • New Construction: false
  • Year Built: 1959

Location/Region

  • County Or Parish: St. Louis
  • MLS Area Major: 136 - University City
  • Subdivision Name: Blackberry Terrace 2nd Add
  • Township: University City

Community/Development

  • Number Of Units In Community: 28

Tax Information

  • Tax Annual Amount: 5810
  • Tax Year: 2025

General Information

  • Disclosures: None
  • Listing Terms: 1031 Exchange,Cash,Conventional
  • Parcel Number: 17K-34-0014
  • Property Sub Type: 5 Family or More
  • Property Type: Residential Income
  • Special Listing Conditions: Standard

Interior

Beds/Baths

  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bedrooms Total: 0

General Information

  • Appliances: Oven,Refrigerator
  • Cooling: Central Air,Gas
  • Fireplace: false
  • Heating: Forced Air,Natural Gas
  • Living Area: 34300
  • Living Area Source: Assessor

Exterior

Lot Information

  • Lot Size Acres: 0.15
  • Lot Size Square Feet: 6534

Building Exterior/Construction

  • Architectural Style: Apartment Style
  • Attached Garage: false
  • Construction Materials: Brick Veneer
  • Structure Type: Apartment Building

General Information

  • Carport: false

Unit Information

Unit 1 Details

  • Unit Type: 3 Bedroom
  • Actual Rent: 1150
  • Units Total: 28

1000 Wild Cherry Lane Neighborhood

Community

63130 (SAINT LOUIS) Demographics

36
Median Age
5,781
Population Density (per sq. mile)
67%
College Educated
$72,793
Estimated Median Income
7,300
Estimated Total Home Owners
5,010
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1000 Wild Cherry Lane Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1000 Wild Cherry Lane Market Data

Based on the last 30 days in this zip code

$386,248
Average List Price
$219
Average Price per Square Foot
46
Properties Sold
57
Average Days on Market
103
Properties for Sale
Calculations provided by Reliance Network

1000 Wild Cherry Lane History

Date Event Value Agent
6/2/2026Source: Missouri - MARIS MLS Added to Database
June 02, 2026