Morningside Condominiums

7300 N Hanley Rd, Hazelwood, MO 63042

Property Information

  • For Sale $2,975,000
  • Property Type Multi-Family
  • Property Size 49,357 SF
  • Units 35
  • Year Built 1967
  • Date Updated May 4, 2026

Description

The community is strategically positioned for convenience, sitting just half a mile from Interstate 270 and approximately five minutes from St. Louis Lambert International Airport. This location makes it an ideal spot for professionals working at nearby major employers, including the Boeing facilities and various corporate hubs in the Hazelwood/Bridgeton submarket. Additionally, the property is about 15 miles from downtown St. Louis, providing a balanced suburban lifestyle with easy access to the city’s urban core and cultural attractions. Residents at Morningside are served by the Hazelwood School District, with Armstrong Elementary and Hazelwood West High School located within a short drive. The immediate neighborhood is characterized by a blend of quiet residential streets and proximity to everyday essentials, including several parks like St. Vincent County Park and the retail offerings of the North County area. With its mature landscaping and "triple-A" school district rating, the location continues to be a staple of affordable and spacious living in the North St. Louis metropolitan area.This substantial multi-building asset represents a premier opportunity to acquire a stabilized community with a consistent track record of operational success. Spanning nearly 10 acres, the property features a high-density mix of garden-style units and expansive multi-level floor plans, all anchored by durable brick construction. The current configuration is designed for efficiency and longevity, offering a robust foundation for an owner looking to secure a large-scale footprint in a high-demand corridor. The true value of this property lies in its immense upside and value-add potential. With units in a well-maintained, classic condition, new ownership has a clear path to rent growth through targeted interior upgrades and modernized finishes. Each unit is already equipped with high-value features like full private basements, dedicated utility spaces, and private outdoor areas—amenities that provide a competitive edge in the local market. This is a turnkey acquisition positioned for immediate optimization and long-term equity appreciation.

Highlights

  • 100% Occupancy
  • 32 Townhomes + 3 Apartments
  • All Townhomes 2 Bed 1.5 Bath Layouts
  • In-Unit Washer and Dryer
  • Value Add Opportunities

Contacts

James Anderson

Salient Realty Group

Location

Located at 7300 N Hanley Rd, Hazelwood, MO 63042, this property is part of the Hazelwood neighborhood and St Louis market.

Contact Listing Broker
James Anderson

Salient Realty Group

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.