4344 McRee Avenue Avenue, St Louis, MO 63110
- $599,000
4344 McRee Avenue Avenue, St Louis, MO 63110
- $599,000
Description
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. Rear parking for 4 vehicles.
Address
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Address: 4344 McRee Avenue Avenue
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City: St Louis
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State/county: MO
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Zip/Postal Code: 63110
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Area: Shaws Vandevnter Ave Add
Details
Updated on January 28, 2026 at 3:36 pm-
Property ID 25081489
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Price $599,000
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Land Area 0.1061 Acres
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Garage Size x x
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Year Built 1924
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Type 2-4 Units, Residential Income
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Property Status Active
Additional details
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Listing Terms 1031 Exchange,Cash,Conventional
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Roof Flat
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Cooling Central Air
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Heating Forced Air
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Flooring Hardwood
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County St Louis City
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Property Type Residential Income
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Parking Concrete
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Elementary School Adams Elem.
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Middle School Elias Michael Elem.
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High School Vashon High
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Architectural Style Low/1-2
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