Well-Maintained Quadruplex
4344 McRee Avenue St Louis, MO 63110
4344 McRee Avenue St, Louis, MO, 63110
$595,000
For Sale
$595,000
MULTI_FAMILY - Other - St Louis, MO
Property Size3,570 SF
Lot Size0.11 Acres
Price / SF$166.67
Days on Market61
Property Features for 4344 McRee Avenue St
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 2, Basement, Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 3, Bathroom 1, Bathroom 4
- Basement
- Sump Pump, Unfinished
- Appliances
- Dishwasher, Free-Standing Electric Oven, Refrigerator, Washer/Dryer
- Standard status
- Active
- APN
- 5197-00-0040-1
- Size
- 3,570 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- C. B. 5197 MCREE 42 FT X 110 FT 7 1/2 IN SHAWS VANDEVENTER ADDN BLK 1 LOT W-15 E-16
- Tax Annual Amount
- 822
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air, Ceiling Fan(s)
Building Details
- Year built
- 1924
- Floors in Building
- 2
- Number of units
- 4
- Building materials
- Brick, Stone Veneer
- 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 17 Checked: Jul 16 at 3:06 pm
MLS# 26030585
Listing URL
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Investment Insights
Based on property information with market context.
This well maintained quadruplex is currently 100% occupied and configured as four residential units: three one-bedroom apartments and one two-bedroom apartment. Each unit is approximately 690 square feet and includes a spacious living room, kitchen, bathroom, and a private in-unit laundry room. A basement provides additional storage for the building. Recent improvements include replacement of electric panels and plumbing within the last 6–8 years, supporting day-to-day reliability for tenants and future management.
The property is located in the Botanical Heights and Forest Park Southeast submarket area of St. Louis, within the broader St. Louis City. The address is 4344 McRee Avenue (63110). The building includes private off-street rear tenant parking for four vehicles.
The unit mix, in-unit laundry, and dedicated tenant parking make this setup practical for residents who want standalone convenience within a small multi-family building. For owners or operators, the recent electric and plumbing replacements help reduce near-term building-system concerns while maintaining a fully leased, four-family configuration.
The property is located in the Botanical Heights and Forest Park Southeast submarket area of St. Louis, within the broader St. Louis City. The address is 4344 McRee Avenue (63110). The building includes private off-street rear tenant parking for four vehicles.
The unit mix, in-unit laundry, and dedicated tenant parking make this setup practical for residents who want standalone convenience within a small multi-family building. For owners or operators, the recent electric and plumbing replacements help reduce near-term building-system concerns while maintaining a fully leased, four-family configuration.
Key Highlights
- 100% occupied 4‑family (quadplex) with 3 one‑bedroom units and 1 two‑bedroom unit
- Each unit is approximately 690 SF with a spacious living room, kitchen, bathroom, and private in‑unit laundry
- Basement provides additional storage space
Local Financial Insights For Apartment 5plus
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 | $64.3k | $18.00 |
| − Vacancy | −$3.9k | −$1.08 |
| EGI | $60.4k | $16.92 |
| − OpEx | −$27.2k | −$7.61 |
| NOI | $33.2k | $9.31 |
3,570 SF · lease $18.00/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$474.6K
$415.3K – $553.7K
NOI $33,222 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$766.2K
$670.4K – $893.9K
NOI $53,633 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Multifamily properties
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FAQs
What type of property is this?
Multifamily property - 100% occupied four-unit property with updated electrical and plumbing, offering a mix of one- and two-bedroom homes.
Where is this multifamily property located?
The property is located at 4344 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: 100% occupied 4‑family (quadplex) with 3 one‑bedroom units and 1 two‑bedroom unit; Each unit is approximately 690 SF with a spacious living room, kitchen, bathroom, and private in‑unit laundry; Basement provides additional storage space
