USAMOSalemDents South Add400 S Mcarthur St

400 S Mcarthur St, Salem, MO

Name: 400 S Mcarthur St, For Sale in Salem - Zoocasa
Brand: Elwood Real Estate LLC
SKU: 26015177
Price: 1200000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$1,200,000

000

MLS® 26015177

Overview

Key Facts

Type Other

Levels Residential Income

Size 1158 sqft

Garage Yes

Maintenance Fees

Taxes $8,582

Days Active 0

Approx. Age 2011

Avg. Price Per Sqft $1,036

MLS® Number 26015177

Property Address: 400 S Mcarthur St, Salem, MO, 65560-1915

Average square foot calculated using Size range provided by listing agent.

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.

MLS® Number26015177

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry LevelElectric Dryer Hookup, Inside, Laundry Room, In Unit, Washer Hookup

Exposure

Exterior

GarageYes

Approx. Age2011

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/C

Heating Fuel

Extras

Other - Contact Agent, Personal Property

Price History

-End Date

Not Sold YetSold Price

For Sale

Mar 16, 2026List Date

$1,200,000List Price

Map

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