Back on market due to no fault of seller! Buyer failed to perform basic due diligence before making offer— no inspections were performed. Welcome to 7624 Fairham Ave — a classic all-brick University City home that checks every box. Functional systems, clean dry basement, and solid brick construction with a… Read More large, beautiful lot make this an ideal starter home or income property. Previously owned as a strong rental: previously verified market rent of $1,450 per month (annual gross rental income of $17,400). If financed with 20% down at prevailing conventional investment rates projected cash flows support an estimated 12–16% cash-on-cash return. As with any investment, buyers are encouraged to perform their own analysis and due diligence. Have your agent inquire on verifiable previous lease and rental rolls. Freshly painted with new touches like an electric fireplace, this home offers comfortable living now with great upside later. The large unfinished basement and three-seasons room create opportunities for added living space or future equity—perfect for owner-occupants who like to improve as they go. Out back, the oversized lot sets this home apart—ideal for a garden, patio, or outdoor entertaining. A rare and valuable combination in U City, signaling strong demand and long-term value appreciation for years to come. Conveniently located near The Loop, Metro Transit, and central St. Louis County amenities, Fairham is a smart entry into home ownership or a cash flowing investment. Read Less
Listing courtesy of Keller Williams Chesterfield.
Listing Snapshot
Days Online
50
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Square Ft.
1,008
Lot Size
0.26 Acres
Year Built
1928
MLS Number
25072909
30 Days Snapshot Of 63130
$337k
-24%
(avg) sold price
27
+22%
homes sold
47
+113%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
"Electric Oven", "Electric Range", "Refrigerator"
Basement
Basement: "9 ft + Pour", Basement
Building
Above Grade Finished Area: 1008 Sq.Ft., Above Grade Finished Area Source: Assessor, Architectural Style: "Bungalow", Construction Materials: "Brick", Levels: "One", Living Area: 1008 Sq. Ft., Other Structures: "Shed(s)", 6 total rooms, Year Built: 1928
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Listings courtesy of Mid America Regional Information Systems Data Exchange as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by 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 be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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