4655 Farlin Avenue, St Louis, MO 63115
- 2,074 sqft
Multi-Family Home
Built in 1939
3,241sqft lot
2 car garage
$48/sqft
Listed 5 hours ago
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.
- Listing Status:
- Active
- Date Added:
- February 9, 2026
- Data Last Updated:
- February 9, 2026 at 11:17PM
- Listing Office:
- Worth Clark Realty : 314-222-0065
- MLS ID:
- 26003544

- General: BalconyEntry Steps/Stairs
- Style: Apartment StyleBungalowCraftsmanHistoricTraditional
- Other Structures: PorchFront PorchCovered
- Parking: Additional ParkingAlley AccessCoveredDetachedGarageGarage Faces RearOff StreetOn SiteSide By SideParking spaces: 2
- Roofing: Shingle
- General: BrickTwoBlock
- Road/Access: AlleyCity Street
- HOA Amenities: ParkPlaygroundSidewalksPublic Bus
- Originating MLS: maris2
- School District: St. Louis City
- County: St Louis City
- Zoning: C. B. 4406-B FARLIN AV 27 FT X 120 FT LEE-CORA ADDN LOT PT 6 & ANDERSON & DEADERICK ADDN LOT PT 57 BND E 278 FT 6 IN W WL OF CORA AV4406-02-0255-0
- Fencing: Back YardChain LinkFencedGatePartial
- Utilities: Cable AvailableElectricity ConnectedNatural Gas AvailablePhone AvailableSewer ConnectedWater ConnectedAmeren
- Water: Public
- Source: maris2
- Ownership: Private
This listing courtesy of Worth Clark Realty
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Ashland Elementary School
3921 N Newstead Ave, Saint Louis, MO, 63115
Grades PK-6
0.39 miles away
Yeatman-Liddell Middle School
4265 Athlone Ave, Saint Louis, MO, 63115
Grades 6-8
0.68 miles away
Sumner High School
4248 Cottage Ave, Saint Louis, MO, 63113
Grades 9-12
1.12 miles away




