2218 Farrar St in St. Louis, MO is a 3-bedroom, 1-bathroom home with 1,092 square feet in the St. Louis Metro market. The home has genuine character — a fireplace, a private driveway, and a fenced yard are features that stand out at this price point. A newer furnace means one of the biggest mechanical expenses is already handled.

There are some items to be aware of upfront. The roof needs repair, and the ceilings in the dining room and bedroom show related damage that will need to be addressed — photos are available. The back enclosed storage room needs cleanup and painting, a corner of the tub surround needs re-grouting, and some exterior brickwork needs mortar replacement — see photos and video for full detail. Power is currently off. For a buyer who can take on a project, this is a home with strong bones and real upside in a desirable St. Louis Metro zip code.

The monthly payment of $905 includes taxes and insurance — taxes are just $13.17/year and insurance is $90/month, already factored in. Available through owner financing at $3,000 down, priced at $89,000. Flexible terms, no traditional bank loan required.