Courtesy: Century 21 South Central Realty
573-729-6121
• Property type: 3+-acre multi-purpose, income-producing tract between Salem and Rolla. • Current rentals: Three single-wide mobile homes (1,120–1,216 sq ft; built 1994–2005) with three paying tenants; one unit Section 8 approved. Each unit pays $600 rent per month plus $25 for water and trash. • Utilities: Separate electric meters for each unit; shared well for all units Septic: one unit has its own tank, two share a tank • Private showings available. Preapproval letter required to see the inside of the mobile homes. Can be bought together with mls# 26045520
Courtesy: Century 21 South Central Realty
573-729-6121
Here are the key takeaways: • Property type: 6.37-acre multi-purpose, income-producing tract between Salem and Rolla. • Current rentals: Three single-wide mobile homes (1,120–1,216 sq ft; built 1994–2005) with three paying tenants; one unit Section 8 approved. • Utilities: Separate electric meters for each unit; shared well for all units/building. Septic: one unit has its own tank, two share a tank, and the main building has its own tank. • Commercial building: 50x100 structure with office, storefront, storage rooms, bathroom, and workshop with garage door; partial living quarters already in place and convertible to multiple living units. • Site features: 6-foot chain-link fenced backyard area behind the building; ample space for repair/sales business while maintaining rental income. • Income potential: Expandable rental portfolio with mixed-use options (commercial + residential); opportunities to convert building to additional rentals or operate a business on-site. • Call to action: Private showings available.
Courtesy: Elwood Real Estate LLC
573-7292955
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.
Salem is located in Missouri. Salem, Missouri has a population of 4,623. Salem is less family-centric than the surrounding county with 24% of the households containing married families with children. The county average for households married with children is 28.72%.
The median household income in Salem, Missouri is $31,575. The median household income for the surrounding county is $45,700 compared to the national median of $69,021. The median age of people living in Salem is 44.6 years.
The average high temperature in July is 88.4 degrees, with an average low temperature in January of 21.2 degrees. The average rainfall is approximately 47 inches per year, with 9.8 inches of snow per year.
