City/St Louis Homes under $400,000

City/St Louis Homes under $400,000

Welcome to St. Louis, Missouri—a vibrant city known for its rich history, diverse culture, and welcoming neighborhoods. Nestled along the banks of the Mississippi River, St. Louis offers a unique blend of urban energy and suburban charm, making it an ideal place for families, young professionals, and retirees alike.

One of the standout features of St. Louis is its affordability. For those seeking a home under $400,000, you'll find an impressive selection of properties that cater to various tastes and lifestyles. From charming historic homes in neighborhoods like Soulard, with its cobblestone streets and lively farmers market, to modern townhouses in the trendy Central West End, the options are plentiful. Each neighborhood has its own distinct character, providing residents with a sense of community and connection.

St. Louis is also home to an array of parks, cultural institutions, and entertainment venues. The iconic Gateway Arch stands as a testament to the city’s historical significance, while Forest Park—larger than New York's Central Park—offers endless recreational opportunities, including walking trails, lakes, and museums. The local dining scene is equally impressive, featuring everything from world-class barbecue to upscale dining experiences.

With a lower cost of living compared to many major cities, St. Louis is an excellent choice for homebuyers looking to invest in a thriving community without breaking the bank. Whether you're a first-time buyer or looking for a cozy retreat, St. Louis is ready to welcome you home. Explore the possibilities today!

Newest City/St Louis Homes under $400,000

3651 Weber Rd, St Louis
$114,900
3 Beds ⋅ 2 Baths ⋅ 26062554 MLS ⋅ ACTIVE Status
Incredible investor special or sweat-equity opportunity! This solid 3-bedroom brick ranch offers massive potential and a highly functional layout, boasting 864 sq. ft. of main-level living space and approximately 1,500 total sq. ft. including the lower level. Step inside the main floor to find a classic layout highlighted by original hardwood floors just waiting to be sanded and refinished to their original glory. This level features a bright living area, a kitchen area ready for your custom updates, three bedrooms, and one full bathroom. Head downstairs to find a spacious, finished basement that nearly doubles your usable footprint. This lower-level space features a convenient half bathroom, making it an ideal setup for a secondary family room, a massive home office, a recreation hub, or extra guest quarters. Property is being sold strictly AS-IS. This is a prime canvas for seasoned investors looking for a profitable flip, landlords wanting to expand a high-yield rental portfolio, or handy buyers eager to customize a home and build immediate equity. Bring your design ideas and your contractor—properties with this much solid potential do not stay on the market long! Schedule your private tour today.

3651 Weber Rd, St Louis
4920 San Francisco Ave, St Louis
$22,000
2 Beds ⋅ 1 Baths ⋅ 26059664 MLS ⋅ ACTIVE Status

4920 San Francisco Ave, St Louis
915 Bates St, St Louis
$150,000
4 Beds ⋅ 1 Baths ⋅ 26048783 MLS ⋅ ACTIVE Status
Classic late-19th-century St. Louis brick home with a long list of thoughtful updates. Tall ceilings, oversized windows, decorative brickwork and a beautifully detailed wood staircase give the home its historic character, while fresh neutral paint throughout and updated lighting make the entire interior feel lighter and more current. The main level offers generous living space with a decorative brick fireplace, formal dining room with gorgeous french door with Juliet balcony, updated kitchen appliances and a new backsplash adds polish. Upstairs, the home now offers four bedrooms, including the newly finished third floor with fresh carpet, creating a true additional bedroom with an additional room perfect for work-from-home space. Out back, the large yard is enclosed by a newer wood privacy fence, giving you plenty of room for pets, gardening, entertaining or simply enjoying your own outdoor space in the city. With four bedrooms plus flex space, formal dining, historic architectural details, a large fenced yard and meaningful cosmetic improvements already completed, 915 Bates offers far more space and versatility than you might expect from the curb. Minutes from beautiful Carondelet Park to enjoy fishing, movie nights and the lovely summer concert series!

915 Bates St, St Louis
2607 Michigan Ave, St Louis
$140,000
1 Beds ⋅ 1 Baths ⋅ 26051466 MLS ⋅ ACTIVE UNDER CONTRACT Status
Charming and full of character, this 1-bedroom, 1-bath bungalow in Tower Grove East combines historic appeal, some newer updates, and an abundance of natural light. Original details including high ceilings, hardwood floors, and exposed brick, add warmth and personality throughout the home. The spacious, all-electric kitchen offers plenty of room to work while accommodating space to dine. Adding to the convenience are the sleek European-style refrigerator and large pantry storage. The bathroom has been refreshed in recent years with a newer vanity top, faucet, and shower head. Numerous 3-prong electrical outlets throughout the home provide added convenience. The sunroom features HVAC and glass block windows, making it a comfortable space to enjoy year-round. Your plants will love the natural light and warmth, while you enjoy it as a lounge space with a cup of coffee, or you could get busy in your home office space. A newer custom-built wood fence and gate enclosure frames a large, sunny backyard that has been organically gardened and offers plenty of potential for outdoor enjoyment. The walkout basement includes a washer and dryer, electric water heater, gas furnace, dehumidifier, and vented glass block windows. The flat roof has been carefully maintained and was professionally re-coated in June 2025 by previous owner. The location is hard to beat—just six blocks from South Grand and easy access to Compton Heights, Fox Park, Benton Park, and Soulard. Enjoy a walkable, bikeable, close-knit neighborhood within blocks of Crafted, Little Fox and Coffeestamp. What a wonderful opportunity to enjoy the character of Tower Grove East, an enviable location.

2607 Michigan Ave, St Louis
3018 Texas Ave, St Louis
$270,000
3 Beds ⋅ 2 Baths ⋅ 26052179 MLS ⋅ ACTIVE Status
Welcome to 3018 Texas Ave where historic charm meets modern luxury. This completely renovated home offers 3 bedrooms and 2 bathrooms, Everything has been updated from top to bottom. Step inside to an beautiful functional floor plan filled with natural light, warmth and character! The living room features a brick wall accent, new flooring, new trim and a warm paint color through out while the beautifully designed kitchen showcases modern finishes and is perfect for entertaining with the large dining room. The bedrooms upstairs have new carpeting and have ample space! There is also a brick accent wall upstairs! Large unfinished basement with walk up door.

3018 Texas Ave, St Louis
1412 Rowan Ave, St Louis
$159,900
4 Beds ⋅ 2 Baths ⋅ 26023695 MLS ⋅ ACTIVE Status
Check out this great opportunity to increase your rental portfolio or owner occupy! This welcoming updated abode has 4 bedrooms, 2 full baths, and 1,472 square feet of space to call your own!

1412 Rowan Ave, St Louis
4129 W Kossuth Ave, St Louis
$240,000
26049440 MLS ⋅ ACTIVE Status
This is a group of 4 buildings with 12 units and two vacant lots. All are in close proximity to each other. Three of the buildings were rehabbed about 25 years ago with all new plumbing, electric, HVAC, drywall, and more. One of the buildings was new construction at the time. It has 2-4 bedroom 2 1/2 bath townhouses. 7 of the units are vacant and have had some damage from the 2025 tornado. But with the work that has been done, you have a good basis to start with. The rehabs were done with LIHTC tax credits, so there are some rental restrictions and the new buyer and management must be approved by MHDC, which may be a two month process. There is another group of 7 buildings that is also available. The seller has agreed to establish a repair escrow to help with work that needs to be done.

4129 W Kossuth Ave, St Louis
4125 W Kossuth Ave, St Louis
$240,000
26049432 MLS ⋅ ACTIVE Status
This is one building out of a group of 4 buildings with 12 units and two vacant lots. All are in close proximity to each other. Three of the buildings were rehabbed about 25 years ago with all new plumbing, electric, windows, HVAC, drywall and more. One of the buildings was new construction at the time. It has 2-4 bedroom 2 1/1 bath townhouses. 7 of the units are vacant and have had some damage from the 2025 tornado, but with the work that has been done, you have a good basis to start with. The rehabs were done with LIHTC tax credits, so there are some rental restrictions and the new buyer and management company must be approved by MHDC, which may be a two month process. (see attached brochure). There is another group of 7 buildings that is also available. The seller has agreed to establish an escrow at the title company to help with the repairs.

4125 W Kossuth Ave, St Louis
329 Eichelberger St, St Louis
$365,000
26050252 MLS ⋅ ACTIVE Status
Investor Alert! Exceptional opportunity to own a fully occupied, turnkey 4-family offering immediate cash flow and a cap rate exceeding 10%. This property has undergone significant capital improvements, making it an ideal addition to any investment portfolio. Major updates include new HVAC systems, a brand-new deck, and updated units throughout, helping reduce future maintenance costs and allowing a new owner to focus on maximizing returns rather than completing deferred repairs. Whether you're expanding your portfolio or purchasing your first multifamily investment, this property is positioned to deliver reliable cash flow from day one. Opportunities to acquire a stabilized multifamily property with this level of income and recent improvements are rare.

329 Eichelberger St, St Louis
4101 W Kossuth Ave, St Louis
$240,000
26047397 MLS ⋅ ACTIVE Status
This is a group of 4 buildings with 12 units and two vacant lots. All are in close proximity to each other. Three of the buildings were rehabbed about 25 years ago with all new plumbing, electric, windows, drywall, and more. One of the buildings was new construction at that time. It has 2-4 bedroom 2 1/2 baths townhouses. 7 of the units are vacant and have had some damage from the 2025 tornado. But with the work that has been done, you have a good basis to start with. The rehabs were done with LIHTC tax credits, so there are some rental restrictions and the new buyer and management company must be approved by MHDC, which may be a two month process. There is another group of 7 buildings that is also available. The seller has agreed to establish an escrow at the title company to help pay for repairs.

4101 W Kossuth Ave, St Louis
2020 Washington Ave Unit 606, St Louis
$155,000
2 Beds ⋅ 2 Baths ⋅ 26042806 MLS ⋅ ACTIVE Status ⋅ City/St Louis BLDG.
This stunning 2-bedroom, 2-bath loft on the 6th floor boasts an open layout that seamlessly blends modern living with timeless charm. Step inside to discover a spacious kitchen featuring elegant granite countertops and a generous island, perfect for culinary creations and entertaining guests. The original wood flooring throughout adds character, while the soaring 11-foot ceilings create an airy, inviting atmosphere. Enjoy the convenience of in-unit laundry and relish the breathtaking views of the city, including the iconic Gateway Arch, from your windows. Step outside to the incredible rooftop patio, an ideal space for hosting friends or simply unwinding while soaking in the vibrant skyline. With one garaged parking spot included, you’ll have the ultimate combination of comfort and convenience. Don’t miss the chance to call this exquisite loft your home, where city living meets sophisticated style! Location: City

2020 Washington Ave Unit 606, St Louis
4260 Bates St, St Louis
$80,000
3 Beds ⋅ 1 Baths ⋅ 26034271 MLS ⋅ ACTIVE Status
OUTSTANDING OPPORTUNITY!!! So much potential here! Bring your work boots and your creativity and make this one shine once again! All brick bungalow features covered porch, wood floors, fenced yard, and MORE! Detached garage, large deck, solid wood doors, original stained glass and rear bonus room make this one a WINNER! Schedule a showing today! Property is to be sold in its current as-is condition with no warranties or representations by the Seller. Seller will not make repairs nor provide any inspections. Seller's addendum is required after terms of sale are agreed upon. Special Sale Contract (Form #2043) required. Proof of funds or pre-approval letter required with offer.

4260 Bates St, St Louis
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