5522 Delmar Boulevard | Image 1
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$5,520,000

For Sale

3 hours ago

5522 Delmar Boulevard, St Louis, MO

House

MLS® 26065788

0 Bed

0 Bath

29813 sqft

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  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 29813 sqft
Garage 
Taxes $17,788
Days Active 0
Lot Size 0.4337 Acres
Approx. Age 1950
Avg. Price Per Sqft $185
MLS® Number 26065788

Property Address: 5522 Delmar Boulevard, St Louis, MO, 63112

Average square foot calculated using Size range provided by listing agent.

Description

The Tanjiers is a seven-story, 48-unit elevator building on Delmar Boulevard in DeBaliviere Place, offered at $115, 000 per unit. Location is the headline: the WashU Delmar DivINe shuttle stops directly across Delmar, WashU's Danforth Campus and the WashU Medical Campus/Barnes-Jewish Hospital are each about 1.2 miles away, and Forest Park, the Forest Park-DeBaliviere MetroLink station and the Delmar Loop are all minutes from the front door. Units were renovated in 2019-2020 with LVP flooring, white shaker kitchens with subway-tile backsplashes and stainless appliances, tiled baths, central heating and cooling, and washer/dryer hookups in every unit. Common areas received capital improvements following the May 2025 storm, and a landscaped terrace frames the entrance. The mix of 20 studios, 21 one-bedrooms and 7 two-bedrooms is built for the steady renter demand around WashU and SLU. Per the October 7, 2026 rent roll, 45 of 48 units are leased or pending and every one sits below ownership's target rent, an $88, 440 annual base-rent gap. With 41 of 45 leases ending by August 2027, including 16 in July, a new owner has a clear window to move rents toward target ahead of the 2027-28 school year. Annualized scheduled income against trailing-12 expenses indicates a 7.88% cap rate, with a 9.64% pro forma at target rents. Real estate tax abatement is reported through 2030. Buyer to verify all information.
MLS® Number26065788
Laundry LevelEnsuite
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
Basement
DrivewayOff Street, Parking Lot
Garage Spaces
HeatForced Air
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 13, 2026List Date
$5,520,000List Price
  • Commute

Commute

Starting Address
Destination Address
5522 Delmar Boulevard, St Louis, MO

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