400 S McArthurSalem, MO 65560

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 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.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Structure type

Duplex / Mixed Use

Year built

2011

Living area

1,158 Sq Ft

Lot size

0.85 acres

Garage spaces

1

Ownership

Private

Days on market

204

MLS^® Listing#

26015177

Property Features

Appliances

Dishwasher · Disposal · Dryer · Exhaust Fan · Microwave · Electric Range · Refrigerator · Washer/Dryer · Electric Water Heater

Cooling

Central Air · Electric

Heating

Electric · Forced Air · Heat Pump · Exhaust Fan

Flooring

Carpet · Concrete · Laminate

Basement

None

Parking

Driveway · Garage · Garage Door Opener · Off Street

Laundry

Electric Dryer Hookup · Inside · Laundry Room · In Unit · Washer Hookup

Fencing

None

Lot features

City Lot · Corner Lot · Front Yard

Construction

Vinyl Siding

Foundation

Slab

Utilities

Cable Available · Electricity Connected · Phone Available · Sewer Connected · Water Connected

Water source

Public

Schools

Elementary

Salem Upper Elem.

Middle

Salem Jr. High

High

Salem Sr. High

Financial Details

HOA

None

Annual taxes

$8,582Tax year 2025

Parcel number

08-6.0-13-4-54-001.000

Directions

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.