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400 S McArthur
Salem MO 65560 US

$1,200,000

Active Listing ID 26015177
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2 bed
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2.00 Bath (2 Full)
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Lot: 0.85 Acres
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Other

$1,200,000

Active Listing ID 26015177
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400 S McArthur 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.

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Property Features

  • Facts
  • Lot Size: 0.85 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 2
  • Cooling System: Electric, Central Air
  • Floor Covering: Carpet, Vinyl, Concrete, Laminate
  • Roof Type: Shingle
  • Heating Fuels: Forced Air, Heat Pump (Heating), Electric (Heating)

School Information

  • School
  • Salem Upper Elem.(Elementary)
  • Salem Jr. High(MiddleSchool)
  • Salem Sr. High(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 1200000
  • unparsedaddress: 400 S McArthur
  • postalcity: Salem
  • stateorprovince: MO
  • country: US
  • postalcode: 65560
  • bathroomsfull: 2
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.852
  • lotsizeunits: Acres
  • lotsizearea: 0.852
  • livingarea: 1158
  • livingareaunits: Square Feet
  • latitude: 37.640126
  • longitude: -91.539887
  • listagentfullname: Ahleesha Elwood
  • listagentemail: melwood723@gmail.com
  • listagentkey: 3yd-SCBRMO-AHELWOOD
  • listagentmlsid: AHELWOOD
  • listagentpreferredphone: (573) 729-2955
  • listofficekey: 3yd-SCBRMO-ELWR01
  • listofficemlsid: ELWR01
  • disclaimer: Copyright © 2026 South Central Board of Realtors-MO. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SCBRMO
  • yearbuilt: 2011
  • countyorparish: Dent
  • parcelnumber: 08-6.0-13-4-54-001.000
  • elementaryschool: Salem Upper Elem.
  • highschool: Salem Sr. High
  • elementaryschooldistrict: Salem R-80
  • middleorjuniorschooldistrict: Salem R-80
  • highschooldistrict: Salem R-80
  • appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Electric Range, Refrigerator, Washer/Dryer, Electric Water Heater
  • cooling: Electric, Central Air
  • constructionmaterials: Vinyl Siding
  • flooring: Carpet, Vinyl, Concrete, Laminate
  • heating: Forced Air, Heat Pump (Heating), Electric (Heating)
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Garage, Off Street, Driveway, Open
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • architecturalstyle: Other
  • rooms: Bedroom 1, Bathroom 1, Bathroom 2, Bedroom 2
  • utilities: Cable Available
  • speciallistingconditions: Standard
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • location: -91.53989, 37.640125
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Elwood Real Estate LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"melwood723@gmail.com", "ListBrokerageCity":"Salem", "ListBrokerageCountry":"US", "ListBrokerageEmail":"melwood723@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Elwood Real Estate LLC", "ListBrokeragePhone":"(573) 729-2955", "ListBrokeragePostalCode":"65560", "ListBrokerageStateOrProvince":"MO", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"409 N Main", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"801 W Scenic Rivers Blvd", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"ELWR01", "ListOfficeCity":"Salem", "ListOfficeCountry":"US", "ListOfficeEmail":"melwood723@gmail.com", "ListOfficePostalCode":"65560", "ListOfficeStateOrProvince":"MO", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Other - Salem, MO", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/400-S-McArthur-St_Salem_MO_65560_M80277-12372?f=listhub&s=SCBRMO&m=26015177&c=rexren", "MLSModificationTimestamp":"2026-06-11 16:00:38", "Neighborhoods":[{"Description":null, "Name":"Dents South Add"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":8582, "TaxDescription":"LOTS 1-2-7-8 BLOCK F DENT'S SOUTH ADDITION", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/22/2026 8:36:05 PM GMT
Source Updated Date: 7/27/2026 6:47:07 PM GMT

Courtesy of: Ahleesha Elwood, Elwood Real Estate LLC, melwood723@gmail.com

Copyright © 2026 South Central Board of Realtors-MO. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.