Botanical Heights Quadruplex
4322 McRee Avenue St, Louis, MO 63110
2-4 Units, Low/1-2 - St Louis, MO
Property size:
4,148 SFLot size:
0.13 AcresPrice / SF:
$143/SF- Added:
- May 9, 2026
- Days on Market:
- 14
- Last Refresh:
- May 22 at 1:06 am
Property Features for 4322 McRee Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Basement Y/N
- 1
- Appliances
- Dishwasher, Dryer, Garbage Disposer, Range, Refrigerator, Washer, Washer/Dryer Combo
- Standard status
- Active Under Contract
- APN
- 5197-00-0090-1
- Size
- 4,148 SF
- Lot size
- 0.13 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 1042
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Central Air, Electric
Building Details
- Year built
- 1922
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Wood
- Building materials
- Brick
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Nidhi Soni License #2014008871 (314) 276-4154
Listing office The Hermann London Group LLC 7350 Manchester Rd, St Louis, MO (314) 802-0797
Listing date May 9, 2026
MLS# 26017798
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.
HighLights
- Located in the desirable Botanical Heights/Forest Park Southeast area, near Shaw & The Grove.
- 100% Occupied quadruplex with potential for over 8.5% CAP Rate.
- Each unit features 2 bedrooms, a spacious living room, kitchen, bathroom, and private in‑unit laundry.
- Recently updated electric panels and plumbing (within the last 6‑8 years).
- Private off‑street rear parking for 4 vehicles.
- Walking distance to WashU Medical Campus, Missouri Botanical Gardens and Tower Grove Park.
Overview
Located in the desirable Botanical Heights and rapidly appreciating Forest Park Southeast submarket, this well-maintained, 100% occupied quadruplex presents an investment opportunity. Each unit is approximately 790 square feet, featuring a living room, kitchen, bathroom, two bedrooms, and a private in-unit laundry room. The property includes private off-street rear tenant parking for four vehicles. The building offers potential for an over 8.5% cap rate when rents are increased to market value. Electric panels and plumbing have been replaced within the last 6-8 years. The basement provides additional storage space. Situated between Shaw and The Grove, the location offers proximity to restaurants and the Missouri Botanical Gardens. Tower Grove Park, with its farmer's markets, food trucks, festivals, and green space, is also nearby. The WashU Medical Campus is within walking distance. The property is located on a lot of 0.1281 acres.
Financial Insights
Value Estimation Calculated for Multifamily LT 5
Conservative
$492.9K
NOI $44,357 @ 9.00% cap · cautious / downside scenario
Moderate
$633.7K
NOI $44,357 @ 7.00% cap · market / base-case scenario
Aggressive
$887.1K
NOI $44,357 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Multifamily LT 5
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.2k | $16.20 |
| − Vacancy | −$3.8k | −$0.92 |
| EGI | $63.4k | $15.28 |
| − OpEx | −$19.0k | −$4.58 |
| NOI | $44.4k | $10.69 |
4,148 SF · lease $16.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Use Scenarios
Best Use
Multifamily LT 5
$633.7K
$554.5K – $739.3K
NOI $44,357 @ 7.0% cap · market cap 7.45%
Second Best
Apartment 5plus
$551.4K
$482.5K – $643.4K
NOI $38,601 @ 7.0% cap · market cap 6.49%
Theoretical Best
Office A
$890.2K
$779.0K – $1.04M
NOI $62,316 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Map
- City
- Louis
- County
- St. Louis
- State
- Missouri
- Longitude
- -90.256849
- Latitude
- 38.619438
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Well-maintained, 100% occupied quadruplex in desirable location.
Where is this quadplex located?
The property is located at 4322 McRee Avenue St Louis, MO.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Located in the desirable Botanical Heights/Forest Park Southeast area, near Shaw & The Grove.; 100% Occupied quadruplex with potential for over 8.5% CAP Rate.; Each unit features 2 bedrooms, a spacious living room, kitchen, bathroom, and private in‑unit laundry.
