USAMOSalemDents South Add400 S Mcarthur St

$1,200,000

11 days ago

400 S Mcarthur St, Salem, MO

Name: 400 S Mcarthur St, For Sale in Salem - eXp Realty
Brand: Elwood Real Estate LLC
SKU: 26003082
Price: 1200000 USD

0 Bed

0 Bath

MLS® 26003082

Key Facts
Description
Map

Key Facts

Type Mixed Use

Levels Commercial Sale

Size -

Garage No

HOA Fees

Taxes $8,582

Days Active 11

Approx. Age 2011

MLS® Number 26003082

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® Number26003082

Locker

Ensuite LaundryNo

Balcony

Furnished

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

Exposure

Exterior

GarageNo

Approx. Age2011

Stories1

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

Jan 27, 2026List Date

$1,200,000List Price

Commute

Commute

Starting Address

Destination Address

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