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About This Home
This 0-bedroom, 0-bathroom residential multi family at 1000 Wild Cherry Lane in University City, MO is listed for $3,400,000 ($99 per sqft). Built in 1959, the home offers 34,300 sqft of living space on a 0.15 acres lot.
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.
Key Features
- Built in 1959
- 0.15 acre lot
Property Details
Monthly Cost Estimate
$18,184/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1000 Wild Cherry Lane
University City, MO 63130
Blackberry Terrace 2nd Add
Property Details
Construction
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 1000 Wild Cherry Lane is listed at $3,400,000 ($99/sqft). The estimated monthly payment is $14,733 based on 20% down at 6.5% interest.
Key features include: Built in 1959, 0.15 acre lot.
This property is listed by James Anderson and can be reached at 6185678346 or janderson@salientrealtygroup.com.


