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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
  • Subdivision & Development:Dents South Add
  • Listing ID #:26015177
  • Added:136 day(s) ago
  • Updated:July 31, 2026 at 03:33 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
MLS LogoCopyright 2026 Mid-America Regional Information Systems. All rights reserved. Listings courtesy of Mid-America Regional Information Systems as distributed by MLS GRID <Last Updated July 31, 2026. Mid-America Regional Information Systems provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Mid-America Regional Information Systems will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Mid-America Regional Information Systems. MO_MARIS Member Broker: Tina Besserman

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