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4100 block of DeTonty to see more new development

4100 block of DeTonty to see more new development

No street in the Shaw Neighborhood of St. Louis has the deck stacked against it quite like DeTonty. While some areas in the neighborhood need more work than others, none has to address the challenge of facing a highway. Unfortunately, DeTonty runs along the southern end of Interstate-44 for it’s entire length. Existing properties have largely been allowed to slip into disrepair, with plan after redevelopment  plan falling apart through the years. That may finally be changing though, with the now-completed renovation of 4100 DeTonty by developer Courtney McCray.

This historic 4 bed, 2.5 bath rehab home went under contract almost immediately after being put on the market for $205,000. And it is not even finished when it was listed. Considering this level of interest, the developer has been working on securing the currently-vacant neighboring lots owned by the St. Louis Land Reutilization Authority (LRA). In fact, they will actually soon be beginning construction on two new infill townhomes next door to 4100 DeTonty very soon. If demand is strong, we might soon see the entire 4100 block of Shaw finally getting developed.  For an exterior look of the finished product and construction progress at 4100 DeTonty, check out the image gallery below.

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Matt Kastner

Matt Kastner is an Investment Real Estate Consultant at St. Louis Real Estate Society in St. Louis, Missouri. He is also develops properties on the side through Threshold Properties. When he isn’t representing investors in the purchase or sale of multifamily properties, rehabs, foreclosures and other income producing properties, he is often taking on rehab projects himself. He lives in South St. Louis and has been in the real estate business since 2004.

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