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$800,000 Coming Soon
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Property Description
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!
Full Property Details
Full Property Details for 340 Selma
General
- Price: $800,000
- Taxes: $9,233 (2025)
- Status: Coming Soon
- Type: Single Family
- Source: MARIS
- MLS ID: 26043885
- Updated: 7/9/2026
- Added to Site: 4 day(s) ago
Parking
- Garage: Yes
- Garage Spaces: 5
Location
- Area: 256 - Webster Groves
- County: St. Louis
- Township: Webster Groves
- Subdivision: Pasadena Webster
- Driving Directions: 2 units will be vacant on lockbox
School Information
- High School District: Webster Groves
- Elementary School: Bristol Elem.
- Middle School: Hixson Middle
- High School: Webster Groves High
Community
- Units Assoc/Comm: 5
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Architectural Style: Ranch
- Square Feet: 2,991
- Year Built: 1950
Lot Features
- Lot Size (Acres): 0.437
- Lot Size (Sq. Ft.): 19,035.72
- Lot Size Source: Public Records
Financial Considerations
- Tax Amount: $9,233
- Tax Year: 2025
Disclosures and Reports
- Special Conditions: Standard
- Disclosures/Reports: None
- Property ID: 23K230185
Listed by The Agency
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Schools
Schools serving 340 Selma
School District:Webster Groves School District
| Name | Grades | Distance |
|---|---|---|
Bristol Elementary School 20 Gray Ave, St. Louis, MO 63119 | K-5 | 0.8 mi |
Hixson Middle School 630 S Elm Ave, St. Louis, MO 63119 | 6-8 | 0.6 mi |
Webster Groves High School 100 Selma Ave, St. Louis, MO 63119 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 340 Selma
Date
Details
Price
Change
Source
7/09/2026
Listed
$800,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 340 Selma
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,250
—
$58,490
26%
2024
$3,250
—
$46,510
—
2023
$3,234
25%
$46,510
35%
2021
$2,580
2%
$34,440
—
2022
$2,539
-2%
$34,440
-18%
2021
$2,580
-23%
$42,250
—
2019
$3,364
27%
$42,250
43%
2018
$2,656
1%
$29,510
—
2017
$2,638
23%
$29,510
29%
2016
$2,143
—
$22,900
—
2015
$2,141
11%
$22,900
14%
2014
$1,936
2%
$20,080
—
2013
$1,900
—
$20,080
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 340 Selma
340 Selma, Webster Groves, MO 63119 (MLS# 26043885) is a Single Family property with 0 bedrooms and 0 full bathrooms. 340 Selma is currently listed for $800,000 and was received on July 09, 2026. Want to learn more about 340 Selma? Do you have questions about finding other Single Family real estate for sale in Webster Groves? You can browse all Webster Groves real estate or contact a Coldwell Banker agent to request more information.

