Tax-Abated
4133 McRee Avenue St Louis, MO 63110
4133 McRee Avenue St, Louis, MO, 63110
$675,000
For Sale
Under Contract
$675,000
MULTI_FAMILY - Other - St Louis, MO
Property Size3,128 SF
Lot Size0.15 Acres
Price / SF$215.79
Days on Market57
Property Features for 4133 McRee Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Basement, Bedroom 3, Bedroom 4, Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 4
- Parking
- 4
- Basement
- Block, Unfinished, Full, Storage Space
- Appliances
- Dishwasher, Free-Standing Electric Oven, Refrigerator, Washer/Dryer
- Standard status
- Active Under Contract
- APN
- 4970-00-0340-0
- Size
- 3,128 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- C.B. 4970 MCREE 50FT X 128 FT DUNDEE PLACE ADDN LOT 10
- Tax Annual Amount
- 312
Utilities
- Utilities
- Cable Available
- Heating system
- Forced Air, Natural Gas
- Cooling system
- Electric, Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 1925
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Wood, Tile, Vinyl, Carpet
- Building materials
- Brick
- Roof type
- Shingle
- Architectural style
- Other
Listing Agency
The Hermann London Group LLC
(314) 802-0797
7350 Manchester Rd, St Louis, MO
Listed by
Nidhi Soni · License #2014008871
(314) 802-0797
Added: May 21 Checked: Jul 16 at 3:06 pm
MLS# 26025370
Listing URL
Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This well maintained quadruplex is 100% occupied and offered as a fully functioning residential income property. Each unit is approximately 630 square feet and includes a spacious living room, kitchen, one bathroom, one bedroom, and private in-unit laundry. A basement provides additional storage, and the property also features private off-street rear tenant parking for four vehicles. Recent big-ticket improvements are noted in the provided materials, including replacement of electric panels and PVC plumbing within the last 6–8 years.
The property is located at 4133 McRee Avenue in St. Louis City, in the Botanical Heights and Forest Park Southeast submarket area described in the remarks. The neighborhood is positioned between Shaw and The Grove, with a quick walk to restaurants and the Missouri Botanical Gardens. The remarks also cite Tower Grove Park and walking distance to the WashU Medical Campus.
From an ownership perspective, the building includes three rents described as slightly below market value, and it is noted that tax abatement remains in place until 2029. One unit is fully finished and operating as an Air BNB, with a lease through November and rent cited at over $1,800 per month in the provided information. This combination of occupancy, defined unit amenities, and documented system replacements may appeal to buyers looking for a turnkey quadplex setup with practical operating details already in place.
The property is located at 4133 McRee Avenue in St. Louis City, in the Botanical Heights and Forest Park Southeast submarket area described in the remarks. The neighborhood is positioned between Shaw and The Grove, with a quick walk to restaurants and the Missouri Botanical Gardens. The remarks also cite Tower Grove Park and walking distance to the WashU Medical Campus.
From an ownership perspective, the building includes three rents described as slightly below market value, and it is noted that tax abatement remains in place until 2029. One unit is fully finished and operating as an Air BNB, with a lease through November and rent cited at over $1,800 per month in the provided information. This combination of occupancy, defined unit amenities, and documented system replacements may appeal to buyers looking for a turnkey quadplex setup with practical operating details already in place.
Key Highlights
- 100% occupied 4‑unit (quadruplex) with each unit featuring 1 bedroom, 1 bathroom, and private in‑unit laundry
- Each unit is approximately 630 SF and includes a spacious living room and kitchen
- Tax abated until 2029
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.7k | $16.20 |
| − Vacancy | −$2.9k | −$0.92 |
| EGI | $47.8k | $15.28 |
| − OpEx | −$14.3k | −$4.58 |
| NOI | $33.4k | $10.69 |
3,128 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$477.9K
$418.1K – $557.5K
NOI $33,450 @ 7.0% cap · market cap 4.96%
Second Best
Apartment 5plus
$415.8K
$363.9K – $485.2K
NOI $29,109 @ 7.0% cap · market cap 4.31%
Theoretical Best
Office A
$671.3K
$587.4K – $783.2K
NOI $46,993 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Quadplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Quadplex - Well-maintained, 100% occupied quadruplex with private rear parking, in-unit laundry, and renovations to key systems.
Where is this quadplex located?
The property is located at 4133 McRee Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 100% occupied 4‑unit (quadruplex) with each unit featuring 1 bedroom, 1 bathroom, and private in‑unit laundry; Each unit is approximately 630 SF and includes a spacious living room and kitchen; Tax abated until 2029
