1008 E Mondy Street, Salem, MO 65560
Local realty services provided by:CENTURY 21 Community
1008 E Mondy Street,Salem, MO 65560
$67,500
- - Beds
- - Baths
- 1,344 sq. ft.
- Multi-family
- Active
Listed by: shay shults
Office: acar real estate, inc
MLS#:26036207
Source:MO_MARIS
Price summary
- Price:$67,500
- Price per sq. ft.:$50.22
About this home
VALUE-ADD INVESTMENT OPPORTUNITY IN SALEM!
Attention investors, landlords, and rehabbers! This value-add property offers strong income-producing potential and multiple exit strategies. Currently configured as a 3-bedroom, 1 & 1/2-bath home, the layout presents the opportunity for a duplex conversion or multi-unit rental with separate front and rear entrances for each side.
Located on a quiet street within the Salem R-80 School District, this property is ideal for investors seeking a fix-and-flip, BRRRR strategy, long-term rental, house hack, or cash-flowing addition to an existing portfolio. With solid square footage and a functional layout, this property is ready for renovation and repositioning.
The detached shed/garage provides additional storage space for tenants, equipment, tools, or workshop use, adding further value to the property.
Property Highlights:
Value-add investment
Potential duplex or multi-family income opportunity
Separate entrances for each side
Rental income potential
Fix-and-flip opportunity
BRRRR investment candidate
Cash-flow potential
Detached shed/garage
In-town location near amenities
Quiet residential street
Bring your contractor and vision, properties with this much upside and investment potential don't come along often. Sold as-is....
Contact an agent
Home facts
- Year built:1955
- Listing ID #:26036207
- Added:1 day(s) ago
- Updated:June 10, 2026 at 02:48 PM
Rooms and interior
- Living area:1,344 sq. ft.
Heating and cooling
- Cooling:Electric
- Heating:Forced Air
Structure and exterior
- Year built:1955
- Building area:1,344 sq. ft.
- Lot area:0.22 Acres
Schools
- High school:Salem Sr. High
- Middle school:Salem Jr. High
- Elementary school:Wm. H. Lynch Elem.
Utilities
- Water:Public
Finances and disclosures
- Price:$67,500
- Price per sq. ft.:$50.22
- Tax amount:$334 (2025)
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