4344 Mcree Avenue Avenue, Saint Louis, MO 63110
Local realty services provided by:CENTURY 21 CopperKey Realty
4344 Mcree Avenue Avenue,St Louis, MO 63110
$599,000
- - Beds
- - Baths
- 3,570 sq. ft.
- Multi-family
- Active
Listed by: michael a zangara
Office: apartment advisors of america llc.
MLS#:25081489
Source:MO_MARIS
Price summary
- Price:$599,000
- Price per sq. ft.:$167.79
About this home
4344 McRee Avenue is a fully rehabbed and stabilized 4-unit quadruplex investment opportunity in the rapidly appreciating Forest Park Southeast submarket. This institutional-quality asset offers an exceptional 8.35% cap rate with significant value-add opportunity through rental increases to market rates. Some highlights include: Complete renovation 2020-2021 with premium finishes. Property tax abatement through 2026 ($5,600+ annual savings). Current rents $177-$277 below market comparables. Walking distance to Washington University Medical Campus
8.52% NOI margin demonstrates operational efficiency. Rear parking for 4 vehicles. Missouri capital gains tax elimination (2025)
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Home facts
- Year built:1924
- Listing ID #:25081489
- Added:7 day(s) ago
- Updated:January 10, 2026 at 04:15 PM
Rooms and interior
- Living area:3,570 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Flat
- Year built:1924
- Building area:3,570 sq. ft.
- Lot area:0.11 Acres
Schools
- High school:Vashon High
- Middle school:Elias Michael Elem.
- Elementary school:Adams Elem.
Utilities
- Water:Community
Finances and disclosures
- Price:$599,000
- Price per sq. ft.:$167.79
- Tax amount:$841 (2024)
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