4655 Farlin AVE, St Louis, MO 63115
4655 Farlin AVE, St Louis, MO 63115
4655 Farlin AVE, St Louis, MO 63115
4655 Farlin AVE, St Louis, MO 63115
4655 Farlin AVE, St Louis, MO 63115
4655 Farlin AVE, St Louis, MO 63115
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$ 100,000
Est. payment | /mo

2,074 SqFt


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$ 100,000
Est. payment | /mo
Save

2,074 SqFt

Key Details

Property Type Multi-Family

Sub Type 2-4 Units

Listing Status Active

Purchase Type For Sale

Square Footage 2,074 sqft

Price per Sqft $48

Subdivision Lee Carr Add

MLS Listing ID 26003544

Style Apartment Style,Bungalow,Craftsman,Historic,Traditional

Year Built 1939

Annual Tax Amount $271

Lot Size 3,240 Sqft

Acres 0.0744

Property Sub-Type 2-4 Units

Property Description

Versatile, income-producing opportunity in the heart of the Penrose neighborhood! This unique property offers a rare zoning variance allowing a daycare for up to 18 children on the main level, making it ideal for an owner-operator, entrepreneur, or investor seeking flexible use and strong upside.

The upper unit already has a tenant in place, providing immediate rental income—perfect for an investor or a savvy buyer looking to house-hack by living on-site while offsetting expenses. Whether you envision running a daycare below, adding another rental, or creating a live/work setup, the possibilities are exponential.

Situated on a quieter one-way street, the home features a fenced-in yard ideal for outdoor play or private enjoyment, plus a garage accessed from the rear alley for convenient off-street parking and storage. The layout and exterior setup support both residential comfort and business functionality.

Located in the Penrose neighborhood, this property enjoys close proximity to public transportation, including multiple bus routes, making commuting and accessibility easy for residents, tenants, employees, or daycare families. Outdoor and community amenities are a standout, including Penrose Park, WC Handy Park, and Tink Bradley Playground, all offering green space, play areas, and neighborhood gathering spots. Nearby community gardens add to the strong sense of local connection and provide opportunities for gardening, wellness, and neighborhood engagement. Just minutes away, Fairground Park expands recreational options with lakes, trails, and expansive open green space.

The area also benefits from quick access to I-70, I-55, and downtown St. Louis, placing major employment centers, hospitals, and educational institutions within easy reach. Neighborhood conveniences include local schools, community centers, churches, and everyday retail, with additional shopping and dining options a short drive away.

Whether you're an investor seeking steady cash flow, a buyer looking to live affordably while generating income, or someone ready to operate a licensed daycare, 4655 Farlin Avenue delivers flexibility, community connection, and opportunity in a well-established North St. Louis neighborhood.

Location

State MO

County St Louis City

Area 5 - North

Rooms

Basement Full, Unfinished

Interior

Interior Features Breakfast Room, Built-in Features, High Speed Internet, Historic Millwork, Natural Woodwork, Separate Dining, Shower, Special Millwork, Storage, Tub, Wired for Data, Workshop/Hobby Area

Heating Forced Air

Cooling Central Air

Fireplace Y

Appliance Free-Standing Gas Oven, Gas Oven, Range, Free-Standing Range, Free-Standing Gas Range, Gas Range, Refrigerator, Water Heater

Laundry In Basement, Lower Level, Washer Hookup

Exterior

Exterior Feature Balcony, Entry Steps/Stairs

Parking Features true

Garage Spaces 2.0

Fence Back Yard, Chain Link, Fenced, Gate, Partial

Utilities Available Cable Available, Electricity Connected, Natural Gas Available, Phone Available, Sewer Connected, Water Connected

View Y/N No

Roof Type Shingle

Private Pool false

Building

Lot Description Back Yard, City Lot, Cleared, Few Trees, Front Yard, Level, Near Park, Near Public Transit, Rectangular Lot

Story 2

Water Public

Level or Stories Two

Structure Type Brick

Schools

Elementary Schools Ashland Elem. And Br.

Middle Schools Yeatman-Liddell Middle School

High Schools Sumner High

School District St. Louis City

Others

Ownership Private

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, FHA 203(b), FHA 203(k), Private

Listing Terms 1031 Exchange, Cash, Conventional, FHA, FHA 203(b), FHA 203(k), Private

Special Listing Condition Listing As Is, Standard

Listed by Julie Carter • Worth Clark Realty
Brandon White

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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4655 Farlin AVE