About This Home

This 3-bedroom, 1-bathroom single family at 5301 Highway B in Salem, MO is listed for $319,900 ($174 per sqft). Built in 1974, the home offers 1,834 sqft of living space on a 9.70 acres lot.

Key Features

  • Built in 1974
  • 9.70 acre lot

Property Details

1 story
1 full
1974

Amenities

A/C
Listing Description

New Price! Dreaming of the homestead lifestyle? This 9.7-acre mini farm is ready for you and your livestock! The updated 3-bedroom, 1-bath home was gutted to the studs and rebuilt with new drywall, fresh paint, flooring, light fixtures, electric service, and nearly all new windows.

New roof and gutters (2023). The modern kitchen features new cabinets, pantry, countertops, and appliances. Living room and family room for space to expand. A large laundry/mudroom offers space for a 2nd bath, while the full, dry basement provides room for expansion.

Outside, a rotational grazing system offers 7 separate pastures, plus an alley that could serve as an 8th. Fenced and cross-fenced with woven wire and one strand of barbed wire on top, with a concrete waterer, hydrants, pipe corral, 30x48 hoop barn, livestock lean-tos, and double gates off the county road for easy animal access.

Well with 2 pressure tanks and updated wiring. Central A/C, outside wood furnace with electric backup heat. Average electric bills of just $150-$200/month! This property won't last long, schedule a private showing today!

Monthly Cost Estimate

$1,711/mo

20% down · 6.5% · 30 years

Principal$231
Interest$1,386
Insurance$93

Estimates only. Actual payments may vary.

Location

5301 Highway B

Salem, MO 65560

Property Details

Construction

Brick Metal Siding

Heating

WoodElectric (Heating)

Cooling

Central Air

Appliances

DishwasherElectric RangeRefrigerator

Questions & Answers

This 3-bedroom, 1-bathroom single family at 5301 Highway B is listed at $319,900 ($174/sqft). The estimated monthly payment is $1,711 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1974, 9.70 acre lot.

This property is listed by Megan Simpson and can be reached at (573) 729-3148.

MS

Megan Simpson

Agent at Sample Investments, LLC

(573) 729-3148
Agent website

Listed by Sample Investments, LLC · Broker phone: (573) 729-3148 · View on Broker Site · Broker website

MLS# 26044387· Source: South Central Board of Realtors-MO· 30 days on PropertySimple

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.

5301 Highway B, Salem, MO 65560

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