Active

400 S Mcarthur

Salem, MO 65560

$1,200,000 $5,059/Mo

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Overview

Bed

Bath

1,158

Sqft

0.85

Acre(Lot)

Description

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 an d 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.

Property Details

Property Type : Residential Income

Price : $1,200,000

AD Id : 76187731

MLS Id : MIS26015177

Lot Size : 0.85 Acre

Living Area Size : 1,158

Year Built : 2011

Garage : 1

County : Dent

Subdivision: Dents South Add

Map

What's Nearby

Nearby Areas

Features

Interior Features

Roof: Architectural Shingle Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Electric Range, Refrigerator, Washer/Dryer, Electric Water Heater Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, In Unit, Washer Hookup

Roofing Information

Architectural Shingle
Flooring Information

Flooring: Carpet, Concrete, Laminate, Luxury Vinyl Construction Materials: Vinyl Siding
Heating & Cooling

Heating: Electric, Forced Air, Heat Pump Cooling: Central Air, Electric WaterSource: Public

Building Information

Year Built: 2011

Lot Information

Lot Description: City Lot, Corner Lot, Front Yard Lot Square Feet: 37113.12 Lot Acres: 0.852

Property Information

Property Type: Residential Income Sub Type: 2-4 Units Style: Apartment Style Structure Type: Duplex, Mixed Use

Listing Price Information

Original List Price:$1200000

Tax Information

Tax Legal Description: LOTS 1-2-7-8 BLOCK F DENT'S SOUTH ADDITION Annual Tax: $8582 Tax Year: 2025 Parcel Number: 08-6.0-13-4-54-001.000

Parking Information

Driveway, Garage, Garage Door Opener, Off Street

Garage Information

Has Garage: Yes Garage Space: 1

School Information

Elementary School: Salem Upper Elem. Junior High School: Salem Jr. High Senior High School: Salem Sr. High
Utility Information

Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected Water Source: Public
Location Information

Subdivision: Dents South Add City: Salem Direction: From Salem: Head W on 32 Highway, turn right onto Macarthur. Proceed through Stop Sign at Franklin/Macarthur streets, property is on the right hand side look for sign.

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ByOwner last updated this listing 06/07/2026 @ 06:20

MLS: MARIS2 #26015177 LISTED BY: Ahleesha Elwood, Elwood Real Estate LLC 573-729-2955 SOURCE: MARIS MLS (Listings courtesy of MARIS MLS as distributed by MLS GRID)