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Duplex with Daycare Approval
New
For Sale
$100,000

4655 Farlin Ave, Saint Louis, MO 63115

Both floors are occupied, and the main level carries a variance permitting a daycare for as many as 18 children.

Property Size2,074 SF
Price / SF$48.22
Days on Market6

Property Features for 4655 Farlin Ave

General Information

Standard status Active
Size 2,074 SF
Property subtype Multi-Family

Building Details

Year Built 1939
Listing Agency: Worth Clark Realty
Listed By: Julie Carter · License #2023023218
Source: Gracestreetrealty
Added: Sep 30 Last Checked: Oct 4 at 2:43PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Worth Clark Realty

Investment Insights

Based on property information with market context.

This 2,074-square-foot duplex, built in 1939, has tenants on both the main and upper levels. A zoning variance permits daycare use for up to 18 children on the main floor. Exterior features include a fenced yard and a garage reached from the rear alley, with space for parking and storage.

The property is on a one-way street in the Penrose neighborhood. Bus routes serve the area, and nearby parks include Penrose Park, WC Handy Park, Tink Bradley Playground, and Fairground Park. I-70 and I-55 provide access to destinations around St. Louis, including downtown.

Key Highlights

  • 2,074‑square‑foot duplex built in 1939
  • Tenants occupy both the main and upper levels
  • Variance allows daycare use for up to 18 children on the main level

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Kitchen & Bath Showroom Building Supply Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

423
Businesses Nearby

Demographics for 63115, MO

16,056
Population
10,208
Households
1.6
Avg Household Size
42
Median Age
14%
College-Educated
85%
High-School Grad
4.3 sq mi
ZIP Area
3,734
Density / Sq Mi
$31,898
Median Household Income
$31,467
Median Earnings
$928
Median Rent
$61,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Both floors are occupied, and the main level carries a variance permitting a daycare for as many as 18 children.
Where is this duplex located?
The property is located at 4655 Farlin Ave Saint Louis, MO.
What is the asking price?
The asking price for this property is $100,000.
What are key features of this property?
This property features: 2,074‑square‑foot duplex built in 1939; Tenants occupy both the main and upper levels; Variance allows daycare use for up to 18 children on the main level
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