400 S Mcarthur, Salem, MO 65560
Local realty services provided by:CENTURY 21 Broughton Team
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, further strengthening year-round demand.
All units are equipped with refrigerators, stove, dishwasher, microwave with exhaust fan, and washer/dryer hookups in the laundry room. The Airbnb units are fully furnished, include washers and dryers, and are networked for wireless internet, allowing for seamless short-term rental operations.
The location is exceptional—close to shopping, dining, and everyday necessities. The S. McArthur Street units provide front-row views of Salem’s holiday parades, creating added appeal for short-term guests. This central location makes the property ideal for Airbnb/VRBO guests and long-term tenants alike.
Low-maintenance and income-producing, this property is a rare opportunity to own a diversified, turnkey investment in a high-demand area....
Contact an agent
Home facts
- Year built:2011
- Subdivision & Development:Dents South Add
- Listing ID #:26015177
- Added:181 day(s) ago
- Updated:September 14, 2026 at 03:59 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
New listings near 400 S Mcarthur
- Coming Soon
$615,000Coming Soon3 beds 3 baths2,839 sq. ft.171 Private Lane 615, Salem, MO 65560
MLS# 26058983Listed by: RE/MAX RESULTS - New
$469,530Active-- beds -- bathstbd Highway Mm, Salem, MO 65560
MLS# 26054429Listed by: PLATINUM REALTY OF ST. LOUIS - New
$1,291,870Active3 beds 3 baths2,229 sq. ft.1500 Highway Mm, Salem, MO 65560
MLS# 26054427Listed by: PLATINUM REALTY OF ST. LOUIS - New
$299,000Active2 beds 1 baths768 sq. ft.357 County Road 4245, Salem, MO 65560
MLS# 26059096Listed by: EXP REALTY, LLC - New
$149,900Active3 beds 1 baths1,040 sq. ft.803 S Oak Street, Salem, MO 65560
MLS# 26058758Listed by: EXP REALTY LLC - New
$179,900Active3 beds 2 baths1,516 sq. ft.706 William Avenue, Salem, MO 65560
MLS# 26057748Listed by: UNITED COUNTRY SALEM REALTY - New
$503,000Active4 beds 4 baths2,000 sq. ft.807 County Road 6410, Salem, MO 65560
MLS# 26058253Listed by: THE CLOSERS - New
$144,000Active2 beds 1 baths896 sq. ft.604 E Third, Salem, MO 65560
MLS# 26057982Listed by: WILLIAMS REAL PROPERTY, LLC - New
$279,900Active3 beds 2 baths1,904 sq. ft.1104 S Mcarthur Street, Salem, MO 65560
MLS# 26058031Listed by: VIP PROPERTIES - New
$1,650,000Active5 beds 2 baths2,736 sq. ft.9223 State Highway 32, Salem, MO 65560
MLS# 60333329Listed by: LIVING THE DREAM, INC.