About This Home
This 2-bedroom, 2-bathroom residential multi family at 400 S McArthur in Salem, MO is listed for $1,200,000 ($1,036 per sqft). Built in 2011, the home offers 1,158 sqft of living space on a 0.85 acres lot.
Key Features
- Built in 2011
- 0.85 acre lot
Property Details
Amenities
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.
Monthly Cost Estimate
$6,418/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
400 S McArthur
Salem, MO 65560
Dents South Add
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 2-bathroom residential multi family at 400 S McArthur is listed at $1,200,000 ($1,036/sqft). The estimated monthly payment is $6,418 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 2011, 0.85 acre lot.
This property is listed by Ahleesha Elwood and can be reached at (573) 729-2955.


