Penrose Real Estate

Penrose Real Estate

Welcome to Penrose, a charming subdivision nestled in the heart of St. Louis, Missouri. This vibrant community in St. Louis City offers a unique blend of urban convenience and suburban tranquility, making it an ideal place for families, professionals, and anyone looking to enjoy the best of city living.

Penrose is characterized by its tree-lined streets, friendly neighbors, and a strong sense of community. The area boasts a variety of well-maintained homes that reflect the rich architectural heritage of St. Louis, providing residents with a warm and inviting atmosphere. Whether you’re seeking a cozy bungalow or a spacious family home, Penrose has something to suit every taste and budget.

One of the standout features of Penrose is its accessibility to essential amenities. Residents can enjoy nearby parks, schools, and shopping centers, ensuring that daily necessities are just a stone's throw away. The subdivision also benefits from its proximity to major highways and public transportation, making commuting to downtown St. Louis and surrounding areas a breeze.

For those who appreciate outdoor activities, Penrose offers easy access to local parks where you can enjoy leisurely strolls, picnics, and recreational sports. The community spirit is palpable, with various events and gatherings that foster connections among neighbors.

In Penrose, you’re not just buying a home; you’re investing in a lifestyle. Experience the warmth of this close-knit community and discover why so many choose to call Penrose home. Embrace the charm and convenience of St. Louis living in this delightful subdivision!

Newest Listings in Penrose

$36,900
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
$80,000
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
$20,000
2 Beds ⋅ 1 Baths ⋅ 26054610 MLS ⋅ ACTIVE UNDER CONTRACT Status
Hidden gem waiting for the right touch! This property offers endless possibilities and potential for visionaries and investors alike. Not currently occupied, available for immediate viewing with a licensed agent. Reach out today for more information!

4472 Penrose St, St Louis
$69,900
2 Beds ⋅ 2 Baths ⋅ 26052760 MLS ⋅ ACTIVE Status
Attention Investors and portfolio builders!! Immediate passive income with this stable rental property. This solid brick two-story home is already occupied allowing you to collect rent from day one without any vacancy period or leasing hassle. The property features a very unique, efficient 4 room layout with 2 nice size bedrooms and 2 baths. Situated in a convenient location close to parks, amenities, and public transit, this property is a low-maintenance addition to any real estate portfolio. Inquire today for lease details and to schedule a viewing!

4463 Bessie Ave, St Louis
$100,000
3 Beds ⋅ 2 Baths ⋅ 26052703 MLS ⋅ ACTIVE Status
Opportunity awaits at 4844 Calvin Avenue! This 4-bedroom, 2-bath home offers a surprisingly spacious and flexible layout with plenty of room to make it your own. The main level features a generous living area, two bedrooms, an eat-in kitchen, full bath, and charming details including French doors and classic wood trim. Upstairs, you'll find an expansive finished area with hardwood flooring that provides additional bedroom, bonus, office, or recreation space. The full basement offers even more storage and usable space with walk-out access. The home also features central air, forced-air natural gas heat, and off-street parking. With its versatile floor plan and abundance of space, this property offers plenty of potential for an owner-occupant or investor willing to add the finishing touches. Property is being sold as-is. Buyer to verify all property information, measurements, permits, and occupancy requirements.

4844 Calvin Ave, St Louis
$99,000
26051691 MLS ⋅ ACTIVE UNDER CONTRACT Status
Discover a beautifully renovated 2-family in the heart of the city — perfect for an owner-occupant, multi-generational living, or a strong investment opportunity. Each unit offers 2 bedrooms and 1 full bath, redesigned with modern finishes and thoughtful updates throughout. Both units feature full kitchens with white cabinetry, updated counters, and stylish tile backsplashes. The first-floor kitchen includes a built-in microwave, while the second-floor kitchen features a sleek range hood — and both units include a range/oven and refrigerator, making move-in or leasing effortless. Major systems have been fully refreshed, including updated HVACs, newer electric panels, and updated water heaters, giving buyers peace of mind and long-term confidence. Inside, you’ll find clean, modern bathrooms, fresh flooring, updated lighting, and bright living spaces that feel warm and inviting. The exterior offers classic brick architecture with a welcoming front porch and a tidy yard. With both units renovated from top to bottom, this property delivers the rare combination of charm, durability, and turnkey convenience. A fantastic opportunity to own a fully updated duplex in St. Louis PRIDE of Ownership shows! — ready for its next chapter.

4457 Penrose St, St Louis
$20,000
2 Beds ⋅ 1 Baths ⋅ 26035937 MLS ⋅ ACTIVE Status
Investor opportunity! This 2-bedroom, 1-bath brick bungalow offers excellent potential to build equity as a renovation project or addition to your rental portfolio. Conveniently located near public transportation, shopping, dining, and major St. Louis attractions, the property offers strong value-add potential. Sold as-is. Seller will make no repairs or provide inspections.

4419 Farlin Ave, St Louis
$39,500
3 Beds ⋅ 2 Baths ⋅ 26047234 MLS ⋅ ACTIVE Status
Tons of potential with this spacious ranch home! Circle driveway, garage, lots of living space and so much more! Home sold as-is.

4327 N Taylor Ave, St Louis
$600,000
26047319 MLS ⋅ ACTIVE Status
There are 9 buildings, two of the existing buildings will be demolished, so you will have 7 buildings and two lots included in this group of buildings. They must be sold together. 13 of the units are occupied. There are 8-2 bedroom units, 10-3 bedrooms, and 2-4 bedroom 2 1/2 bath townhouses in a building that was built in 2000. The vacancies do need some work. There was some damage from the 2025 tornado. All the buildings were completely rehabbed about 25 years ago with all new plumbing, electric, windows, roofs, and more so you have a good base to work with. Some of the units have updated HVAC systems, some of newer roofs. There are some rental restrictions from MHDC, but rents for your new tenants can be much higher than existing rents. Any new owner and management company must be approved by MHDC. There is another group of 4 buildings with 12 units that are also available

4333 N Newstead Ave, St Louis
$50,000
2 Beds ⋅ 1 Baths ⋅ 26047417 MLS ⋅ ACTIVE Status
This 2-bedroom, 1-bath home offers 1,274 square feet of living space and is full of potential. Featuring a large walk-out basement and a fenced backyard, this property is an excellent opportunity for investors looking to add to their rental portfolio or for a first-time home buyer ready to build equity. Conveniently located just minutes from I-70, you'll enjoy quick and easy access to shopping, dining, and all that the St. Louis area has to offer. Located within the St. Louis Public School District. Please note that this property is not move-in ready. Repairs and updates are needed, and City occupancy inspections will be required prior to occupancy. With the right vision and some TLC, this home has the potential to shine. Don't miss your chance to own a little piece of St. Louis!

4660 Farlin Ave, St Louis
$49,900
3 Beds ⋅ 2 Baths ⋅ 26042620 MLS ⋅ ACTIVE UNDER CONTRACT Status
Investor Special! Bring your vision and restore the charm of this character-filled all-brick 3-bedroom, 2-bath home at 4877 Calvin Ave. Whether you're looking to renovate and flip or expand your investment portfolio, this property offers outstanding potential. Inside, you'll find a cozy living room featuring a fireplace, a large dining room with a beautiful bay window, hardwood floors throughout, and stunning stained glass windows that add timeless architectural character. The finished walkup basement provides additional living space and endless possibilities. This home is ready for your updates and improvements. REPAIRS NEEDED: include interior painting, new flooring in the dining room, and ceiling repairs in the dining room and two bedrooms, and some tuckpointing making it the perfect opportunity to build equity and maximize your return. Conveniently located with easy access to I-70 and just 15 minutes from Downtown St. Louis, this property combines location with opportunity. The seller is motivated and looking for a quick closing. Property is being sold AS IS, with no repairs or warranties provided by the seller. NO inside PICTURES or VIDEO available but you are welcome to schedule a showing. Home is occupied. Don't miss this chance to bring this classic brick home back to life. Schedule your private showing today and submit your offer!

4877 Calvin Ave, St Louis
$38,000
5 Beds ⋅ 3 Baths ⋅ 26041853 MLS ⋅ ACTIVE Status
Opportunity awaits at 4611 Natural Bridge Avenue. This substantial, all-brick two-story property offers nearly 2,000 square feet of living space and is ready for a complete transformation. Originally configured as a duplex, the flexible floor plan also lends itself beautifully to conversion into a spacious 3-5 bedroom, 3-full bath single-family residence, giving investors and renovators multiple exit strategies. Much of the interior has already been opened to the framing, allowing contractors to immediately assess the structure and begin reconstruction. The home retains many of the architectural features that make historic St. Louis properties so desirable, including soaring ceilings, pocket doors, oversized window openings, original millwork, original exterior tile floors at entryway, multiple fireplaces, exposed brick, and generous room sizes that are difficult to replicate in new construction. The basement ceiling height is tall for this era home, allowing the possibility to expand square footage with a fully finished basement. The property requires a comprehensive renovation, including replacement of the roof, making it best suited for experienced investors, contractors, or buyers seeking a true value-add project. The existing layout, updated windows, and exposed structural components provide a clear canvas for redesign while preserving the character of this classic brick building. Located in Penrose, an area seeing continued reinvestment and renovation activity, this property presents an opportunity to create substantial equity through thoughtful restoration. Whether your vision is a modern owner-occupied residence, a renovated duplex, a long-term rental, or a resale project, the possibilities are significant. Interior has been substantially gutted. Ceiling joists are exposed. Mechanical runs are visible. Basement structure is accessible. Foundation walls can be inspected. Newer electrical panel is present. HVAC equipment appears to have been updated at some point. Interior debris has largely been removed. Large original window openings remain. Opportunity to redesign floor plan prior to reconstruction. Bring your contractor, your designer, and your imagination—opportunities offering this size, flexibility, and potential at this price point are becoming increasingly difficult to find. Whether you're planning a premium single-family resale, long-term rental, or historic restoration, much of the exploratory demolition has already been completed.

4611 Natural Bridge Ave, St Louis
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