MO
Dent
Salem
65560
400 S McArthur
400 S McArthur, Salem, MO 65560
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Listing Type
Multi Family
Listing Status
Active
33
$1,200,000

Home Details for 400 S McArthur

Price
$1,200,000
Type
Residential Income
Square feet
1158
Year built
2011
Lot size acres
0.852
County
Dent
Garage
1
Basement
None
Days on site
129
MLS Listing#
26015177
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.

Property Features
  • Utilities
    • Cable Available
    • Electricity Connected
    • Phone Available
    • Sewer Connected
    • Water Connected
  • Parking
    • Driveway
    • Garage
    • Garage Door Opener
    • Off Street
  • Heating Information
    • Electric
    • Forced Air
    • Heat Pump
  • Cooling Information
    • Central Air
    • Electric
  • Water Features
    • Public
  • Garage
    • 1
  • Basement
    • None
School Information
School Information for 400 S McArthur, Salem, MO 65560
Elementary School
Salem Upper Elem.
Middle School
Salem Jr. High
High School
Salem Sr. High
Listing Courtesy: Elwood Real Estate LLC - 573-729-2955
Presented by: Ahleesha Elwood
Mid America Regional Information Systems logo Based on information submitted to the MLS GRID as of 2026-06-11 10:50:26 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Median Listing Price
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Market statistics compiled from data from Mid America Regional Information Systems.
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573 426 3948
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