63115 Homes under $150,000

63115 Homes under $150,000

Welcome to the vibrant 63115 zip code in St. Louis, Missouri, where charm meets affordability! Nestled within the heart of St. Louis City, this area boasts a rich tapestry of history, community spirit, and a diverse array of homes that cater to a variety of lifestyles and budgets.

For those seeking their dream home without breaking the bank, the 63115 zip code offers an impressive selection of properties priced under $150,000. Whether you're a first-time homebuyer, an investor looking for a great opportunity, or someone searching for a cozy place to settle down, this area has something for everyone. From quaint bungalows to charming two-story houses, the homes here are brimming with character and potential.

Living in 63115 means being part of a community that values connection and tradition. Residents enjoy easy access to local parks, schools, and neighborhood shops, fostering a sense of belonging and community pride. The area is also well-connected to downtown St. Louis, making it convenient for those who work or play in the city.

With its affordable housing options and a welcoming atmosphere, the 63115 zip code is an excellent choice for anyone looking to invest in their future. Explore the possibilities today and discover why so many are choosing to call this vibrant St. Louis neighborhood home! Your perfect abode awaits in this hidden gem of a community.

Newest 63115 Homes under $150,000

4655 Farlin Ave, St Louis
$100,000
26058822 MLS ⋅ ACTIVE Status
Versatile, income-producing opportunity in the heart of the Penrose neighborhood! Currently tenant-occupied, providing rental income from the property from day one ($1,450). Adding to its long-term flexibility, the property has a rare zoning variance allowing a daycare for up to 18 children on the main level, creating options for an investor or future owner with a variety of potential uses. The existing tenancy makes 4655 Farlin particularly appealing for an investor seeking a property with income already in place rather than starting with vacant units. Looking ahead, the property's distinctive configuration and daycare variance provide additional possibilities as leases and occupancy needs evolve, whether continuing its residential use or exploring the approved daycare use on the main level. Situated on a quieter one-way street, the property features a fenced yard that provides useful outdoor space, along with a garage accessed from the rear alley for convenient off-street parking and storage. The layout and exterior configuration lend themselves well to the property's flexible residential and permitted daycare uses. Located in the Penrose neighborhood, the property enjoys convenient access to public transportation, including multiple bus routes. Outdoor and community amenities include Penrose Park, WC Handy Park, Tink Bradley Playground, and nearby community gardens. Just minutes away, Fairground Park provides additional recreational opportunities with expansive green space, trails, and lakes. The area also offers convenient access to I-70, I-55, and downtown St. Louis, connecting the property with employment centers, hospitals, educational institutions, and other destinations throughout the city. Neighborhood schools, community organizations, churches, and everyday conveniences are also within the surrounding area. With tenants occupying both levels, existing rental income, a fenced yard, rear garage, and the unusual benefit of an approved daycare variance for up to 18 children on the main level, 4655 Farlin Avenue offers an investor a combination of current income and long-term flexibility that is difficult to replicate. Income potential, long-term ownership, and the ability to perform as a productive real estate asset are the reasons this property was selected as part of the Penthouse Portfolio Collection.

4655 Farlin Ave, St Louis

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