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400 S Mcarthur, Salem, MO 65560

Salem
Local realty services provided by:CENTURY 21 Bailey & Co.
400 S Mcarthur,Salem, MO 65560
$1,200,000
  • - Beds
  • - Baths
  • 1,158 sq. ft.
  • Multi-family
  • Active
Listed by: ahleesha elwood
Office: elwood real estate llc.
MLS#:26015177
Source:MO_MARIS

Price summary

  • Price:$1,200,000
  • Price per sq. ft.:$1,036.27

About this home

Turnkey Investment Opportunity – 4 Duplexes (8 Units) in Prime Salem Location Excellent opportunity to own four duplexes totaling eight 1,100 sq ft units, each offering 2 bedrooms, 2 bathrooms, and a 1-car garage. Ideally located in the heart of Salem on a high-traffic road, this property combines strong visibility with consistent demand. Four units have road frontage on S. McArthur Street, and four units have road frontage on S. Henderson Street, all sharing a common entrance off Dent Street, providing excellent access and circulation. Currently, four units are occupied by long-term tenants, while the remaining four units operate as successful short-term rentals with Super-host status on Airbnb. These short-term rentals enjoy strong, repeat annual occupancy from Road Rally participants and spectators, as well as fishermen, hunters, hikers, kayakers, and river adventurers. The property is also frequently utilized by contractors working with nearby mines and other large employers,...

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Home facts

  • Year built:2011
  • Listing ID #:26015177
  • Added:47 day(s) ago
  • Updated:May 03, 2026 at 02:58 PM

Rooms and interior

  • Kitchen Description:Dishwasher, Disposal, Microwave, Refrigerator
  • Basement:Yes
  • Living area:1,158 sq. ft.

Heating and cooling

  • Cooling:Central Air, Electric
  • Heating:Electric, Forced Air, Heat Pump
  • Central air:Yes

Structure and exterior

  • Year built:2011
  • Building area:1,158 sq. ft.
  • Lot area:0.85 Acres
  • Lot Features:Corner Lot
  • Architectural Style:Apartment Style
  • Construction Materials:Vinyl Siding
  • Levels:1 Story

Schools

  • High school:Salem Sr. High
  • Middle school:Salem Jr. High
  • Elementary school:Salem Upper Elem.

Utilities

  • Water:Public

Finances and disclosures

  • Price:$1,200,000
  • Price per sq. ft.:$1,036.27
  • Tax amount:$8,582 (2025)

Parking

  • Parking description:Garage Door Opener, Off Street
  • Garage:Yes
  • Garage spaces:1
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