400 S McArthur, Salem, MO 65560

• 1,158 sqft

Property 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.

Listing Status:

Active

Date Added:

March 16, 2026

Data Last Updated:

April 4, 2026 at 7:18PM

Listing Office:

Elwood Real Estate LLC : 573-729-2955

MLS ID:

26015177

Interior

• Appliances: DishwasherDisposalDryerExhaust FanMicrowaveElectric RangeRefrigeratorWasher/DryerElectric Water Heater
• Laundry: Electric Dryer HookupInsideLaundry RoomIn UnitWasher Hookup
• Basement: None
• Flooring: CarpetConcreteLaminateLuxury Vinyl
• A/C: Central AirElectric
• Heating: ElectricForced AirHeat Pump
• Fireplace: Fireplaces: 0

Exterior

• Style: Apartment Style
• Parking: DrivewayGarageGarage Door OpenerOff Street

Construction

• Roofing: Architectural Shingle
• General: Vinyl SidingOneSlab

Location

• Road/Access: City Street
• Originating MLS: maris2
• School District: Salem R-80
• County: Dent

Lot

• Zoning: LOTS 1-2-7-8 BLOCK F DENT'S SOUTH ADDITION08-6.0-13-4-54-001.000
• Fencing: None

Utilities

• Utilities: Cable AvailableElectricity ConnectedPhone AvailableSewer ConnectedWater ConnectedSingle Phase220 Volts
• Water: Public

Financial

• Source: maris2
• Ownership: Private