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  • Listed by: The Agency • Anthony M Klier • Contact: 314-517-1925
    $800,000

    340 Selma Ave, Saint Louis, MO 63119

    3beds
    2baths
    2,991sqft
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    Multi Family
    Built in 1950
    -- sqft lot
    $204,200 Zestimate®
    $267/sqft
    $-- HOA

    What's special

    Private yards and patiosGenerous off-street parkingIn-unit washer and dryerStainless appliancesWide-plank flooringTiled baths
    Rare opportunity in the heart of WEBSTER GROVES — a turnkey, income-producing FIVE-UNIT brick multifamily compound just steps from the shops, restaurants and charm of OLD WEBSTER. Two solid, well-built mid-century brick buildings deliver a smart mix of four one-bedroom homes and one spacious two-bedroom, and the property lives large with FIVE PRIVATE GARAGE SPACES across two detached garages, private yards and patios, and generous off-street parking — a genuinely rare find in this walkable neighborhood. This is a true VALUE-ADD play with income already in place. TWO units — the spacious two-bedroom and one of the one-bedrooms — are already beautifully renovated to the same high standard, featuring quartz countertops, stainless appliances, in-unit washer and dryer, tiled baths and wide-plank flooring. At market, the renovated two-bedroom commands roughly $1,695 and the renovated one-bedroom about $1,395. The remaining THREE one-bedrooms are leased month-to-month at just $995 each, leaving clear and immediate upside to simply raise rents or renovate to the same proven finishes for an estimated $1,395 per unit. Best of all, every unit is SEPARATELY METERED — electric, gas, water, sewer and trash bill directly to tenants — so essentially only taxes and insurance fall to ownership, driving a strong stabilized return. Location is everything, and this one delivers: top-rated WEBSTER GROVES schools, an 80-plus walk score, and roughly nine miles to downtown St. Louis. See the MLS SUPPLEMENTS for the full Offering Memorandum with additional detail, or ask the listing agent. SHOWINGS ARE EXPECTED TO START 7/16. A property like this in a location like this does not last — schedule your showingbefore it is GONE FOREVER!
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    Zillow last checked:

    Listing updated:

    Listed by:

    Anthony M Klier 314-517-1925,

    The Agency

    Source: MARIS,MLS#: 26043885MLS LogoOriginating MLS: St. Louis Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • Central Air
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 2,991
      • Total interior livable area: 2,991 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: Garage
      • Garage spaces: 5
      Lot
      • Size: 0.44 Acres
      Details
      • Parcel number: 23K230185
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Ranch
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • Year built: 1950

      Community & HOA

      Community
      • Subdivision: Pasadena Webster
      HOA
      • Has HOA: No
      Location
      • Region: Saint Louis

      Financial & listing details

      • Price per square foot: $267/sqft
      • Tax assessed value: $307,800
      • Annual tax amount: $9,233
      • Date on market: 7/17/2026
      • Listing terms: 1031 Exchange,Cash,Conventional

        Estimated market value

        $204,200

        $190,000 - $218,000

        $1,310/mo

        Price history

        DateEventPrice
        7/17/2026Listed for sale$800,000$267/sqft
        Source: MARIS #26043885 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,782 +16.4%$58,490 +25.8%
        2024$3,250 +0.5%$46,510
        2023$3,234 +24.9%$46,510 +35%
        2022$2,589 +0.3%$34,440
        2021$2,580 -23.7%$34,440 -18.5%
        2020$3,383 +27.4%$42,250
        2019$2,656 $42,250 +43.2%
        2018$2,656 $29,510
        2017$2,656 +0.7%$29,510 +28.9%
        2016$2,638 +23.1%$22,900
        2015$2,143 $22,900 +14%
        2014$2,143 +10.9%$20,080
        2013$1,933 $20,080
        2012-- $20,080
        2011-- $20,080 -31.4%
        2010$2,630 +11.9%$29,280
        2009$2,349 +3.2%$29,280 -1.8%
        2008$2,276 -12.4%$29,830
        2007$2,597 $29,830 -2.7%
        2006$2,597 +0%$30,670
        2005$2,596 +55.7%$30,670 +30.9%
        2003$1,668 +0.3%$23,430 +17.3%
        2002$1,663 +47.5%$19,980
        2001$1,127 $19,980
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 63119

        Getting around

        49 / 100
        Car-Dependent
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Bristol Elem.
        • Middle: Hixson Middle
        • High: Webster Groves High

        Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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