Map
Listed price in listed location currency (USD).
$800,000

005

MLS® 26043885

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2991 sqft
Garage Yes
Taxes $9,233
Days Active 9
Lot Size 0.437 Acres
Approx. Age 1950
Avg. Price Per Sqft $267
MLS® Number 26043885

Property Address: 340 Selma Ave, Webster Groves, MO, 63119-3143

Average square foot calculated using Size range provided by listing agent.

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!
MLS® Number26043885
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageYes
Approx. Age1950
Basement
Driveway
Garage Spaces
HeatForced Air
A/CCentral Air

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 9, 2026List Date
$800,000List Price
  • Commute

Commute

Starting Address
Destination Address
340 Selma Ave, Webster Groves, MO

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Similar Listings

Comparable Properties