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Penrose Multifamily Homes & Duplexes for Sale

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  • /9

    $24,500

    • 2 Beds
    • 1 Bath
    • 1,257 Sq Ft

    4814 Calvin Ave, Saint Louis, MO 63115

    ATTENTION INVESTORS!!!! CUTE BUNGALOW STYLE- GREAT FOR RENTALS-IN NEED ON SOME TLC-SOME REPAIRS ARE DONE-OFFERED IN CURRENT CONDITION AS IS- SELLER TO DO NO REPAIRS- ANY INSPECTIONS ARE DONE FOR BUYERS KNOWLEDGE ONLY- PERQUALIFCATIONS OR PROOF OF FUNDS ARE REQUIRED WITH CONTRACT.

    Danise Gaddy A-List, LLC

    4814 Calvin Ave, Saint Louis, MO 63115
  • /3

    $95,000

    • 2 Beds
    • 1 Bath
    • 997 Sq Ft

    4477 Bessie Ave, Saint Louis, MO 63115

    Are you just beginning or looking to add to your investment portfolio? This is an exceptional opportunity for an income producing investment property you have been waiting for. This single family home offers 2 bedrooms, 1 bathroom and is priced to move! Unit is renting for $950/month Serious, pre-qualified buyers only please. Property is being sold AS IS.This is 1 of a larger portfolio of

    Kimberly Cameron RE/MAX Results

    4477 Bessie Ave, Saint Louis, MO 63115
  • /2

    $80,000

    • 6 Beds
    • 3 Baths
    • 1,782 Sq Ft

    4045 Shreve Ave, Saint Louis, MO 63115

    All-brick 2-family investment property—priced to sell! Each unit features 2 bedrooms and 1 bathroom. The second-floor unit is currently rented at $800/month, offering immediate income. Off-street parking pad in the rear. Property is being sold As-Is. Great opportunity for an owner-occupant or investor. Showings only with accepted contract—don’t miss out on this great deal!

    Yvette McCoy BHHS Select Properties NW

    4045 Shreve Ave, Saint Louis, MO 63115
  • /12

    $89,900

    • 6 Beds
    • 3 Baths
    • 2,100 Sq Ft

    4843 Kossuth Ave, Saint Louis, MO 63115

    Great opportunity for an investor or someone looking to house hack to pick up a great cash flowing duplex. Both units offer 2 good size bedrooms and 1 full bathroom. Outside you will find a spacious yard with a detached garage out back. This property has been well maintained and is in good condition overall. The duplex brought in $1,700 per month when fully occupied, with the potential to bring

    Joe Geary Nettwork Global

    4843 Kossuth Ave, Saint Louis, MO 63115
  • /9

    $199,900

    • 16 Beds
    • 16 Baths
    • 3,254 Sq Ft

    4681 Kossuth Ave, Saint Louis, MO 63115

    Solid all-brick apartment style quadruplex with 4 individual units, each a 1 bedroom, 1 bathroom. All 4 units are currently tenant occupied, offering immediate rental income. The property includes a full basement for additional storage. Total Monthly Rent is currently $2645. **No sign in the yard** Showings with Accepted offers only. Property being sold "AS IS" Please use Special Sale Contract.

    Rick McClew Coldwell Banker Realty - Gundaker

    4681 Kossuth Ave, Saint Louis, MO 63115
  • /12

    $49,900

    • 6 Beds
    • 2 Baths
    • 2,396 Sq Ft

    4873 Kossuth Ave, Saint Louis, MO 63115

    Excellent investment opportunity! This two family property in Penrose neighborhood has recently had the elctrical and plumbing updated throughout. The property is ready for the final finishes and can be rent ready before you know it. Rents in the area will create instant cash flow! One upper unit and one lower unit are identical to each other. You are welcomed into a large front family room which

    Mike Galbally Real Broker LLC

    4873 Kossuth Ave, Saint Louis, MO 63115
  • /17

    $45,000

    4611 Natural Bridge Ave, Saint Louis, MO 63115

    Investor opportunity to turn this duplex into a great property in your portfolio, whether you want to have a duplex, house hack or utilize the lower level as a commercial space you have multiple options. The building in in a gutted state currently but all the supplies inside the home will remain for your rehab! Please bring flashlights to your showing. Property being sold as-is.

    Spencer Argueta Elevate Realty, LLC

    4611 Natural Bridge Ave, Saint Louis, MO 63115
  • /47

    $118,000

    • 2 Beds
    • 2 Baths
    • 2,976 Sq Ft

    4655 Farlin Ave, Saint Louis, MO 63115

    Investors, here is your chance to add a duplex to your portfolio. This duplex is move in ready for new tenants or house hackers. Units were previously rented for $800. Tons of natural light flows through this beautiful brick building. Historic charm and modern convenience will delight you. New systems installed. Schedule your showing today!

    Spencer Argueta Elevate Realty, LLC

    4655 Farlin Ave, Saint Louis, MO 63115
  • /21

    $109,000

    • 7 Beds
    • 7 Baths
    • 5,968 Sq Ft

    4341 Shreve Ave, Saint Louis, MO 63115

    **4 Single Family Apartments with Commercial Space on Main Level**Almost 6000 Sq Ft*There are 2 Retail Storefront/Office/Mixed Use Spaces on the Main Level that could be converted to residential units, Plus 4 Single Family Apartments/ Units on the Upper Level*Retail Space is Divided with separate Entrances, but could be combined to make one Large Space*The Commercial Spaces each have their own

    Constance Dunn Show-Me Realty Associates

    4341 Shreve Ave, Saint Louis, MO 63115
  • /16

    $100,000

    • 4 Beds
    • 2 Baths
    • 2,730 Sq Ft

    4883 Farlin Ave, Saint Louis, MO 63115

    Great investment opportunity. This 2 Family features over 2,500 sqft of living space shared between both units. Each unit has a recently updated kitchen and each unit has 2 good size bedrooms with 1 bathroom. In the back there is a 2 car detached garage which could bring in additional rent for an investor. Make this property your next investment opportunity! Seller would prefer an as-is sale.

    Joe Geary Nettwork Global

    4883 Farlin Ave, Saint Louis, MO 63115

Why Live in Penrose

Penrose, a neighborhood in Saint Louis, is undergoing a transformation as community members strive to restore its former vibrancy. Known for its brick Craftsman homes, the area features a mix of well-maintained properties and those in need of renovation. Home prices vary significantly, reflecting the diverse conditions of the houses. Penrose Park is a local highlight, featuring a velodrome for track cycling, a handball court, jogging path, and a playground. The neighborhood is also anticipating a new community garden, which will provide fresh produce for the local food pantry. Despite some challenges, the community remains committed to improvement, with ongoing renovations across the Northside. Educational options include Ashland Elementary School, Yeatman-Liddell Preparatory Middle School, and Vashon High School, which is noted for its strong sports program. Local businesses such as Yummy Sweetcakes cheesecakery and Newstead Chop Suey offer unique dining experiences, while corner stores and a Save A Lot provide convenient shopping options. Penrose is well-connected to downtown Saint Louis, just five miles away, via city bus routes. The neighborhood's safety is comparable to the national average, making it a practical choice for potential homebuyers. As efforts to revitalize Penrose continue, the community's rich history and strong foundation offer a promising future.

Home Trends in Penrose, MO

Housing Trends

Median Sale Price
$71,000
Median Single Family Sale Price
$74,900
Median Townhouse Sale Price
$128,500
Average Price Per Sq Ft
$66
Number of Homes for Sale
7
Last 12 months Home Sales
27
Months of Supply
3.10
Median List Price
$74,700
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
65%
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