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.
Status: Active · MLS# 26015177 · Listing Courtesy of Elwood Real Estate LLC
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0 Bed
0 Bath
1,158 sq.ft
$0 per sq.ft
Apartment Style
$ 1,200,000
Active
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26015177
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0
1,158
Dents South Add
Salem
Salem R-80
Dent
Residential Income
Apartment Style
Residential Income
$8,582
Last 6 closed homes in this zip.
| Address | Bd/Ba | SqFt | List | Sold | Closed |
|---|---|---|---|---|---|
| 117 W 4th Street, Salem, MO 65560 | 0/0 | -- | $380,000 | $170,000 44.7% of ask |
Nov 4, 2026 |
| 803 W Scenic Rivers Boulevard, Salem, MO 65560 | 0/0 | -- | $625,000 | $612,500 98% of ask |
Oct 30, 2026 |
| 700 N Hickory Street, Salem, MO 65560 | 3/2 | 1,522 | $125,000 | $117,500 94% of ask |
Oct 30, 2026 |
| 6958 Highway 119, Unincorporated, MO 65560 | 3/2 | 1,418 | $169,900 | $165,000 97.1% of ask |
Oct 29, 2026 |
| 2251 County Road 6670, Salem, MO 65560 | 2/1 | 784 | $220,000 | $220,000 100% of ask |
Oct 24, 2026 |
| 634 County Road 4285, Salem, MO 65560 | 2/2 | 1,280 | $319,000 | $298,000 93.4% of ask |
Oct 23, 2026 |
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