BEDS0
BATHS
SQUARE FEET2,074
MLS#26003544
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONLee Carr Add
SCHOOLSt Louis City
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.
Property Features
Property Type: Multi Unit - Multiple
Basement: Full, Unfinished
Basement: Yes
Cooling: Central Air
Garage: 2
Heating: Forced Air
Home Style: Apartment Style, Bungalow, Craftsman, Historic, Tradit
Lot Size: 0.07 Acres
Roof Type: Shingle
Taxes: $271
Year Built: 1939
Amenities
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
Feature Descriptions
Appliances: Free-Standing Gas Oven, Gas Oven, Range, Free-Standing Range, Free-Standing Gas Range, Gas Range, Refrigerator, Water Heater
Days on Site: 21
Exterior: Brick
Fencing: Back Yard, Chain Link, Fenced, Gate, Partial
Laundry: In Basement, Lower Level, Washer Hookup
Lot: Back Yard, City Lot, Cleared, Few Trees, Front Yard, Level, Near Park, Near Public Transit, Rectangular Lot
Parcel#: 4406-02-0255-0
Parking: Additional Parking, Alley Access, Covered, Detached, Garage, Garage Faces Rear, Off Street, On Site, Side By Side
Parking Notes: Additional Parking, Alley Access, Covered, Detached, G
SQFT. Above Grade: 2074
Units: 2
Water: Public
Local Schools
High School: Sumner High
Middle School: Yeatman-Liddell Middle School
Elementary School: Ashland Elem. and Br.
School District: St Louis City
Listed By / Shown By
Listed By
Agency Name: Worth Clark Realty
Shown By
Agent Name: Michael Simon
Agent Phone: (314) 757-9700
Agency Title: RedKey Realty Leaders
Estimate Your Payment
Estimated Payment
$ 596.56 per month $544.81 Principal & Interest $22.58 Property Tax $29.17 Homeowner's InsuranceChange Payment Information
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4655 Farlin Avenue | MLS# 26003544
This multi-family property located at 4655 Farlin Avenue , Saint Louis, MO 63115 is currently listed for sale with an asking price of $100,000. Farlin Avenue is located within the St Louis City school district. Search Saint Louis real estate on www.simonsellsstl.com today.