St Louis, MO 63110,4344 McRee Avenue AVE
St Louis, MO 63110,4344 McRee Avenue AVE
St Louis, MO 63110,4344 McRee Avenue AVE
St Louis, MO 63110,4344 McRee Avenue AVE
St Louis, MO 63110,4344 McRee Avenue AVE
St Louis, MO 63110,4344 McRee Avenue AVE
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$ 599,000
Est. payment | /mo

3,570 SqFt


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$ 599,000
Est. payment | /mo
Save

3,570 SqFt

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 3,570 sqft

Price per Sqft $167

Subdivision Shaws Vandevnter Ave Add

MLS Listing ID 25081489

Style Low/1-2

Year Built 1924

Annual Tax Amount $841

Lot Size 4,621 Sqft

Acres 0.1061

Property Sub-Type 2-4 Units

Property 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.

Location

State MO

County St Louis City

Area 3 - South City

Rooms

Basement Block

Interior

Interior Features Dining/Living Room Combo, Eat-in Kitchen, Granite Counters, High Ceilings, Kitchen Island, Natural Woodwork, Open Floorplan, Soaking Tub, Tub

Heating Forced Air

Cooling Central Air

Flooring Hardwood

Fireplace N

Laundry In Basement

Exterior

Parking Features false

View Y/N No

Roof Type Flat

Private Pool false

Building

Lot Description Back Yard

Water Community

Structure Type Brick

Schools

Elementary Schools Adams Elem.

Middle Schools Elias Michael Elem.

High Schools Vashon High

School District St. Louis City

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition Standard

Listed by Michael Zangara • Apartment Advisors of America LLC

Schools and Properties Nearby

SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    W.A. Higgins Middle School Academy of International Studies and Visual & Performing Arts

    Public | PK - 5

  • 10

    Kennard/Classical Jr. Academy

    Public | PK - 5

  • 8

    Mason Elementary School

    Public | PK - 6

  • 7

    Gateway Science Academy/St Louis

    Public | KG - 5

  • 5

    Buder Elementary School

    Public | PK - 5

  • 5

    City Garden Montessori School

    Public | KG - 8

  • 4

    Oak Hill Elementary School

    Public | PK - 5

  • 4

    Mann Elementary School

    Public | PK - 5

  • 4

    The Spanish School

    Public | KG - 5

  • 4

    The French School

    Public | KG - 5

  • 4

    South City

    Public | KG - 8

  • 4

    Froebel Literacy Academy

    Public | PK - 6

  • 4

    Kipp Inspire Academy

    Public | 5 - 8

  • 3

    Gateway Science Academy-South Ele

    Public | KG - 5

  • 3

    St. Louis Charter School

    Public | KG - 8

  • 3

    Shaw Visual/Performing Arts Center

    Public | PK - 5

  • 3

    Eagle College Preparatory Endeavor

    Public | KG - 3

  • 3

    Cote Brilliante Elementary School

    Public | PK - 6

  • 3

    Farragut Elementary School

    Public | PK - 6

  • 2

    Adams Elementary School

    Public | PK - 6

Middle Schools 15
  • 9

    McKinley Classical Leadership Academy

    Public | 6 - 12

  • 5

    Gateway Science Academy/Mid/High

    Public | 6 - 10

  • 4

    Compton-Drew Ilc Middle School

    Public | 6 - 8

  • 4

    Grand Center Arts Academy

    Public | 6 - 10

  • 2

    Busch Middle School Character Athletics

    Public | 6 - 8

  • 2

    Academy of Envt Science/Math Middle School

    Public | 6 - 8

  • 1

    Long Middle School

    Public | 6 - 8

  • 1

    Fanning Middle School

    Public | 6 - 8

  • 1

    Carr Lane Vpa Middle School

    Public | 6 - 8

  • 1

    Gateway Middle School

    Public | 6 - 8

  • 0

    Reach St. Louis Day Treatment

    Public | 6 - 12

  • 0

    Crossroads College Preparatory School

    Private | 7 - 12

  • 0

    Stevens Middle Community Education

    Public | 6 - 8

  • 0

    Loyola Academy of St Louis

    Private | 6 - 8

  • 0

    L'Ouverture Middle School

    Public | 7 - 8

High Schools 19
  • 10

    Metro High School

    Public | 9 - 12

  • 1

    Soldan International Studies

    Public | 9 - 12

  • 1

    Cleveland Njrotc Academy

    Public | 9 - 12

  • 1

    Central Visual/Performing Arts High School

    Public | 9 - 12

  • 1

    Gateway High School

    Public | 9 - 12

  • 1

    Sumner High School

    Public | 9 - 12

  • 1

    Roosevelt High School

    Public | 9 - 12

  • 1

    Miller Career Academy

    Public | 9 - 12

  • 1

    Carnahan School of the Future

    Public | 9 - 12

  • 1

    Beaumont Cte High School

    Public | 11 - 12

  • 1

    Vashon High School

    Public | 9 - 12

  • 0

    Bishop Du Bourg High School

    Private | 9 - 12

  • 0

    St. Louis Med/Bio Science High School

    Public | 9 - 9

  • 0

    St Louis University High School

    Private | 9 - 12

  • 0

    Rosati-Kain High School

    Private | 9 - 12

  • 0

    St Mary's High School

    Private | 9 - 12

  • 0

    Mo School for the Blind - High School

    Public | 9 - 12

  • 0

    Cardinal Ritter College Preparatory High School

    Private | 9 - 12

  • 0

    Lutheran Assn for Special Education

    Private | 9 - 12

School and business data provided by Attom Data.
Julie Bruenger
Julie Bruenger

Real Estate Advisor | License ID: 2004026979

+1(314) 817-8178 | julie@lovethelou.homes

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4344 McRee Avenue AVE