Active MLS# 25072909

7624 Fairham Avenue, University City, MO 63130

Subdivision: Fairham

List Price: $123,500

(Original Price: $126,500)

Reduced $3,000 on Dec 2, 2025

2

Bedrooms

1

Baths

1,008

Area (sq.ft)

$123

Cost/sq.ft

1 Story

Type

37

Days on Market

Call Agent

Description

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 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.

Property Information

List Price $ 123,500

Original Price $ 126,500

Status Active

MLS# 25072909

Bedrooms 2

Full baths 1

Half baths 0

Main Floor Full Baths 1

Sq. Ft. Above 1,008

Lot Size

Acres 0

Subdivision Fairham

Municipality University City

School District University City

County St Louis

Property Type Residential

Style 1 Story

Style Description

Transaction Type

Special Conditions Standard

Type

Building Exterior Amenities

Building Style Bungalow

Ownership Private

Special Description Standard

Appliances Some Electric Oven,Electric Range,Refrigerator

Additional Information

Elementary School Barbara Jordan Elem.

Jr. High School Brittany Woods

Sr. High School University City Sr. High

Association Fee None

Architecture Bungalow

Construction Brick

Garage Spaces

Carport Spaces 0

Basement Description 9 ft + Pour

Fireplace Type Electric,Living Room

Fireplace Location

Lot Dimensions

Special Areas

Cooling Electric

Sewer Public Sewer Sewer

Heating Forced Air,Natural Gas

Water Public

Heat Source

Kitchen

Appliances Electric Oven,Electric Range,Refrigerator

Dining

Interior Decor

Property Tax $1,479

Map Location

Directions

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Agent

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Call 314.414.6000 [email protected] Visit Website

[email protected] 314.414.6000

License Number

2000174929

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