1,158 SqFt
1,158 SqFt
Key Details
Property Type Multi-Family
Sub Type 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,158 sqft
Price per Sqft $1,036
Subdivision Dents South Add
MLS Listing ID 26015177
Style Apartment Style
Year Built 2011
Annual Tax Amount $8,582
Lot Size 0.852 Acres
Acres 0.852
Property Sub-Type 2-4 Units
Property Description
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.
Location
State MO
County Dent
Area 799 - Salem
Rooms
Basement None
Interior
Heating Electric, Forced Air, Heat Pump
Cooling Central Air, Electric
Flooring Carpet, Concrete, Laminate, Luxury Vinyl
Fireplace Y
Appliance Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Electric Range, Refrigerator, Washer/Dryer, Electric Water Heater
Laundry Electric Dryer Hookup, Inside, Laundry Room, In Unit, Washer Hookup
Exterior
Parking Features true
Garage Spaces 1.0
Fence None
Utilities Available Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
View Y/N No
Roof Type Architectural Shingle
Private Pool false
Building
Lot Description City Lot, Corner Lot, Front Yard
Story 1
Water Public
Level or Stories One
Structure Type Vinyl Siding
Schools
Elementary Schools Salem Upper Elem.
Middle Schools Salem Jr. High
High Schools Salem Sr. High
School District Salem R-80
Others
Ownership Private
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Nearby Locations
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