63115 Homes under $400,000

63115 Homes under $400,000

Welcome to the vibrant community of St. Louis, nestled within the 63115 zip code of St. Louis City, Missouri. This charming area offers a unique blend of historical architecture and modern living, making it an ideal place for families, young professionals, and anyone looking to settle down in a welcoming neighborhood.

One of the standout features of the 63115 zip code is the accessibility of homes priced under $400,000. Whether you’re a first-time homebuyer or looking to invest in a rental property, you’ll find an array of options that cater to various tastes and preferences. From cozy bungalows to spacious single-family homes, the real estate market here is both diverse and affordable, allowing you to find your dream home without breaking the bank.

The neighborhood is rich in amenities, with nearby parks, schools, and shopping centers that provide convenience and a sense of community. Residents enjoy easy access to major highways, making commuting to downtown St. Louis and surrounding areas a breeze.

In addition to its affordability, the 63115 area boasts a strong sense of community, with local events and gatherings that foster connections among neighbors. Immerse yourself in the local culture, explore the nearby attractions, and enjoy the warm hospitality that St. Louis is known for.

If you’re looking for an affordable yet vibrant place to call home, the 63115 zip code in St. Louis is waiting for you. Discover the possibilities today!

Newest 63115 Homes under $400,000

4466 Carter Ave, St Louis
$47,000
2 Beds ⋅ 1 Baths ⋅ 26064485 MLS ⋅ ACTIVE Status
Opportunity awaits with this brick 2-bedroom, 1-bath bungalow in the Penrose neighborhood. The home offers approximately 912 square feet of living space, a full basement, central air, an enclosed porch, off-street parking and a deep lot. Convenient access to major roads, public transportation and neighborhood amenities. Great for an investors or primary home owner. Home is being sold AS-IS. Property is bank owned. Seller will not perform any inspections, repairs, warranties, or municipal occupancy work. Buyer may conduct inspections for informational purposes only. Please use a Special Sale Contract, provide proof of funds and allow 72 hour response time. All offer to be emailed directly to listing agent.

4466 Carter Ave, St Louis
5071 Ruskin Ave, St Louis
$85,000
26064253 MLS ⋅ ACTIVE Status
Great value-add opportunity in the Mark Twain area of St. Louis. This 4-family property features four 1-bedroom, 1-bath units and offers strong potential for investors looking for a fixer-upper or renovation project. While the building does need updates, some existing finishes and systems provide a solid starting point for improvements. With the right vision, this property can be transformed into a strong income-producing asset. Ideal for investors seeking a renovation project, rental portfolio addition, or long-term value appreciation in the St. Louis market. Please contact co-listing agent for all questions or requests regarding this listing.

5071 Ruskin Ave, St Louis
3731 Shreve Ave, St Louis
$148,900
3 Beds ⋅ 1 Baths ⋅ 26063906 MLS ⋅ ACTIVE Status
*This 3 Bedroom Brick Beauty is Ready for it's New Owner **Newer HVAC--Electric--Modern Lighting--Refinished Hardwood Floors--Fresh Paint Throughout--Newer Replacement Windows**Big Covered Front Porch**Large Primary Bedroom Is Big enough for King Furniture**Oak Kitchen Featuring a Walk in Pantry---Built in Hutch & Work Bar Area**Clean Walk Up Basement**Oversized 2 Car Garage**Den could be a 4th Bedroom* Wrought Iron FencedYard**Buyers May Qualify for $7500-$10,000 towards Closing Costs/Fees & possible Downpayment Assistance ** Home Protection plan included with sale **Over 1300 Sq Feet Provides Plenty Space For Family Gatherings/Entertaining **

3731 Shreve Ave, St Louis
4930 Thekla Ave, St Louis
$49,900
3 Beds ⋅ 2 Baths ⋅ 26050965 MLS ⋅ ACTIVE Status
Back on Market – No Fault of Seller! This beautiful home is available again after the previous buyer’s financing fell through. Their loss is your opportunity! This is the perfect opportunity for someone wishing to stay in the city as well as the perfect Investment opportunity for immediate cash flow! Featuring solid brick home with a spacious open floor plan with large back yard., this property has been well-maintained and is move-in ready. Conveniently located near Highway 70, it offers both comfort and convenience. Don’t miss your second chance to make this home yours! Outside, enjoy a spacious yard offering room for outdoor activities, gardening, entertaining, or simply relaxing. Conveniently located near shopping, dining, schools, transportation, and other amenities, this property provides both comfort and convenience.

4930 Thekla Ave, St Louis
4920 San Francisco Ave, St Louis
$22,000
2 Beds ⋅ 1 Baths ⋅ 26059664 MLS ⋅ ACTIVE Status

4920 San Francisco Ave, St Louis
4166 Farlin Ave, St Louis
$40,000
3 Beds ⋅ 2 Baths ⋅ 26061079 MLS ⋅ ACTIVE Status
Investment opportunity in North St. Louis City. This two-story single-family home offers 1,684 square feet of living space with 3 bedrooms and 1.5 bathrooms. The property needs renovation and offers an opportunity for investors or buyers seeking a rehab project. The spacious layout provides plenty of room for renovation and future use.

4166 Farlin Ave, St Louis
3225 N Taylor Ave, St Louis
$69,900
2 Beds ⋅ 2 Baths ⋅ 26061065 MLS ⋅ ACTIVE Status
Welcome to this charming city home offering a wonderful combination of classic character, functional living space, and several important recent updates! From the moment you step onto the covered front porch, you'll appreciate the inviting curb appeal and timeless architecture of this well-maintained brick home. A welcoming entry foyer sets the tone for the home's character and leads into a spacious the formal living areas filled with natural light, hardwood flooring, original architectural details, and distinctive arched doorways. The comfortable living room features a classic brick fireplace flanked by built-in cabinetry, creating a warm gathering space with plenty of room for everyday living and entertaining. The main level offers two bedrooms, a separate dining room, full bathroom, living room, and a sized kitchen at the rear of the home. The dining room provides plenty of space for family meals, entertaining, or even a flexible work-from-home area. The kitchen features a gas range, a convenient center work/island area and a separate pantry/storage area, adding even more functionality. Just off the kitchen is a versatile sunporch/mudroom overlooking the backyard. This flexible space could serve as a cozy sitting area, plant room, mudroom, hobby space, or additional storage depending on your needs. The home's thoughtful floor plan provides plenty of opportunity to personalize the space while retaining the charm of its original design. The primary bedroom is offers two windows providing excellent natural light, while the additional bedroom offers flexibility for family, guests, an office, or other needs. The full bath is conveniently located in the center hall. Several major updates have already been completed, helping provide peace of mind for the next owner: Roof (2026), Hot Water Heater (2025), Sewer Lateral (2024), AC Compressor (2023), plus updated thermal vinyl windows. These improvements address some of the major components buyers want to know about when considering an older city home. Outside, the property offers a gated driveway with off-street parking for two cars tandem, an especially desirable feature for city living. The spacious concrete drive can also accommodate outdoor entertaining. The backyard offers usable green space along with a private setting and convenient access from the rear of the home. The covered front porch is another great feature, offering a comfortable spot to enjoy your morning coffee, unwind at the end of the day, or simply take in the neighborhood. The home's brick exterior, original details, mature landscaping, and traditional floor plan give it a character that is increasingly difficult to replicate in newer construction. For an owner occupant, this is an opportunity to purchase a home with character, established features, and several major system updates already completed. For an investor, the property offers an opportunity to add another city home to an existing portfolio while providing needed housing in an area where available housing has been impacted by the 2025 tornado. Owner occupants be sure to ask your favorite real estate agent about available down payment assistance programs that may help you purchase this home with minimal out-of-pocket funds, subject to qualifications. Investors: check with your lender about DSCR financing, which considers the property's income-producing potential when evaluating the loan, rather than relying primarily on your personal or business income. Major updates, low city taxes, off-street parking, and financing options make this one worth a serious look. All signs point to GO—don't miss this opportunity!

3225 N Taylor Ave, St Louis
5041 Terry Ave, St Louis
$33,900
2 Beds ⋅ 2 Baths ⋅ 26060020 MLS ⋅ ACTIVE Status
INVESTOR SPECIAL – 5041 Terry Ave Affordable brick rental opportunity with strong income potential. Property needs work and is being sold AS-IS. Seller has limited knowledge of the current condition; buyers should perform their own due diligence and enter/inspect at their own risk. Solid brick exterior and a straightforward value-add opportunity for a rental investor. Rental Potential: Approx. $1,000/month in current configuration Potential to reconfigure/add a bedroom and target approximately $1,300/month Great opportunity for a buy-and-hold investor looking for an inexpensive rental with upside Seller to make no repairs or warranties. Buyer to verify property condition, room configuration, rental rates, permits, and all other information.

5041 Terry Ave, St Louis
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
4824 Margaretta Ave, St Louis
$34,900
2 Beds ⋅ 1 Baths ⋅ 26058526 MLS ⋅ ACTIVE Status
Perfect for first-time homebuyers looking to build equity or investors seeking a value add opportunity. Don't miss this opportunity to own a beautiful home at an affordable price! There are additional pictures and video that can be provided with proof of funds. Home being sold as is and needs to be cleaned out.

4824 Margaretta Ave, St Louis
4048 Shreve Ave, St Louis
$40,000
26058495 MLS ⋅ ACTIVE Status
Outstanding opportunity to own a duplex in North St Louis City. This Duplex offers large 1 bedroom units that feature a formal living room, dining room and a spacious bedroom. The kitchens in these units are huge and are big enough to be eat in kitchens.

4048 Shreve Ave, St Louis
4751 Penrose St, St Louis
$60,000
2 Beds ⋅ 1 Baths ⋅ 26057152 MLS ⋅ ACTIVE Status
Brick bungalow in the Penrose neighborhood, built in 1955. This 2-bedroom, 1-bathroom home living space with a 1-car garage. Electrical updates include a new panel and AFCI breakers (2022); plumbing updates include PEX piping (2021) and three new plumbing stacks (2022). Solid brick construction with original character details, including a stained-glass foyer window and cedar-lined closet. Full unfinished attic offers potential for additional living space. Lower level already plumbed for an additional half bath. Sold as-is.

4751 Penrose St, St Louis
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