5522 Delmar Boulevard,St Louis, MO 63112
St Louis, MO 63112
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.
Details
| MLS # | 26065788 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1950 |
| Days On Site | 27 |
| Listing Provided By | The Agency | Anthony Klier |
Features
| SQ Feet | 29,813 |
|---|---|
| Units | 48 |
| Building(s) | 1 |
| Acreage | 0.43 |
Interior
| Cooling | Central Air |
|---|---|
| Heating | Forced Air |
| Interior Features | Elevator, Open Floorplan |
| Appliances | Stainless Steel Appliance(s), Microwave, Electric Range, Refrigerator |
Exterior
| Roof | Flat, Membrane |
|---|---|
| Construction Materials | Brick |
Parking
| Parking Features | Off Street, Parking Lot |
|---|
Location
| Community Features | Sidewalks, Street Lights, Public Bus |
|---|
Utilities
| Electric | Ameren |
|---|
Taxes
| Property | 17788 |
|---|
Area Information
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63112 |
| Area | Central West |
| Community Name | Bell Place Add |
| School District | Sumner High |
| Elementary School | Hamilton Elem. Community Ed. |
| High School | Sumner High |
| Listing VS Median (in Bell Place Add) | |
Price: $5,520,000 low | high Med: $5,520,000 sqft: 29,813 low | high Med: 29,813 $ / sqft: $185 low | high Med: $185 On site: 27 low | high Med: 27 | |
Market Activity 63112
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Listings courtesy of Maris MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of November 9, 2026 at 4:46:02 PM PST 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 or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
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Learn More About This Property
| State | MO |
|---|---|
| County | St Louis City |
| City | St Louis |
| Zip Code | 63112 |
| Area | Central West |
| Community Name | Bell Place Add |
| School District | Sumner High |
| Elementary School | Hamilton Elem. Community Ed. |
| High School | Sumner High |
| Listing VS Median (in Bell Place Add) | |
Price: $5,520,000 low | high Med: $5,520,000 sqft: 29,813 low | high Med: 29,813 $ / sqft: $185 low | high Med: $185 On site: 27 low | high Med: 27 | |
Listings courtesy of Maris MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID as of 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 or may not be listed by the office/agent presenting the information.
The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
