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  • Listed by: The Agency • Anthony M Klier • 314-517-1925
    Bought with: The Agency
    Price Unknown

    340 Selma Ave, Saint Louis, MO 63119

    3beds
    2baths
    2,991sqft
    Multi Family
    Built in 1950
    -- sqft lot
    $799,300 Zestimate®
    $--/sqft
    $2,261 Estimated rent

    Home value

    $799,300

    $759,000 - $839,000

    $2,261/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Anthony M Klier 314-517-1925,

    The Agency

    Bought with:

    Anthony M Klier, 2022012991

    The Agency

    Source: MARIS,MLS#: 26068396MLS 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

    • Tax assessed value: $307,800
    • Annual tax amount: $9,233
    • Date on market: 10/24/2026
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    10/20/2026Sold--
    Source: MARIS #26068396 Report a problem
    7/17/2026Listed for sale$800,000$267/sqft
    Source: MARIS #26043885 Report a problem
    4/29/2026Sold--
    Source: Public Record 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

    Neighborhood: 63119

    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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    Estimated market value

    $799,300

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $799,300