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400 S McArthur

Salem, MO 65560

$1,200,000

0 beds · 0 baths · 1,158 sq ft

Listing office: Elwood Real Estate LLC

400 S McArthur

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About this home

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.

Home facts

Bedrooms
0
Bathrooms
0
Living area
1,158 sq ft
Lot size
0.852 acres
Property type
Residential Income · 2-4 Units
Year built
2011
Subdivision
Dents South Add
Days on market
222
Listed on
Mar 16, 2026
Listing office:
Elwood Real Estate LLC, 573-7292955
Listing agent:
Ahleesha Elwood
MLS number:
26015177

Presented by Narrative Real Estate, 314-480-5353, jess@jessicaberchtold.com

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MARIS data last updated at October 24, 2026 at 2:30 AM CDT.

Information from third parties, deemed reliable but not verified. All data is obtained from various sources and may not have been verified by the broker or the MLS. 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 or agent presenting the information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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