This fully renovated duplex features two 1 bed, 1 bath units, offering the perfect opportunity for investors or homeowners looking to offset their mortgage—live in one unit and rent out the other! One side is already rented on a month-to-month lease for $725/month, providing immediate income potential. The property has been gutted down to the studs and completely updated with new roofing, drywall, electrical, plumbing, HVAC, and more. A concrete block wall separates the units, offering excellent noise reduction and fire protection. This turn-key property is move-in ready and qualifies for VA, Cash, Conventional and FHA financing. Don’t miss this chance to own a low-maintenance investment in the city of Salem, Missouri!
VIP 4903 This multi-purpose income producing property is ready for new ownership. This 6.37-acre tract has plenty of space to expand your rental opportunities. 3 Singlewides ranging from 1120 to 1216 Sq. ft. & built between 1994 & 2005. 3 Tenants that pay monthly. One unit is Section 8 approved. All units have separate Electric Meters. Each unit including the building share the well. One unit has its own concrete septic tank, two units share a tank, and the building has its own tank. The property has a 51x100 building with an office, store front, storage rooms, bathroom and workshop all in one. The building could be easily converted to separate living quarters. Ready to start your own business or restaurant? The opportunities are endless with this building. Building can be shown at any time. Tenants have rights and will need a minimum 48-Hour notice before all showings so please schedule showings accordingly. Call o schedule your private showing today!!!

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.