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Three-Unit Apartment Building
For Sale
$165,000
Pending

1416 W Scenic Rivers Boulevard, Salem, MO 65560

MULTI_FAMILY - Other - Salem, MO

Property Size4,032 SF
Lot Size1.84 Acres
Days on Market16

Property Features for 1416 W Scenic Rivers Boulevard

General Information

Property type Residential Multi Family
Property subtype Other
Elementary school Salem Upper Elem.
Middle school Salem Jr. High
High school Salem Sr. High
Elementary school district Salem R-80
Middle school district Salem R-80
High school district Salem R-80
Directions Put address in GPS.
Subdivision 799 - Salem
Standard status Pending
APN 08-6.0-24-2-05-009.000
Size 4,032 SF
Lot size 1.84 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1648

Utilities

Cooling system Central Air

Building Details

Year built 1970
Building materials Vinyl Siding
Architectural style Other
Listing Agency: Platinum Realty of St. Louis
Listed By: Alyssa Koch · License #2017044135
Added: Jul 22 Changed: Jul 27 Last Checked: Aug 6 at 3:06PM
MLS# 26030297

Copyright © 2026 Mid America Regional Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Turn-key three-unit apartment building for sale, presented with an additional shop building on the property. The building includes one (2 bed, 1 bath) unit and two (1 bed, 1 bath) units. Tenants are responsible for electric, while the owner pays water and trash. An on-site property management company is already in place.

The property is located at 1416 W Scenic Rivers Boulevard in Salem, MO within Dent County.

With all units and the shop building currently rented, this is a residential income property configured as a multi-unit building plus a secondary outbuilding.

Key Highlights

  • 3‑unit apartment building built in 1970
  • Unit mix: 1 two‑bed, one‑bath unit and 2 one‑bed, one‑bath units
  • Central air cooling and vinyl siding

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Grocery & Convenience Store Pharmacy Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

187
Businesses Nearby

Demographics for 65560, MO

13,292
Population
6,355
Households
2.1
Avg Household Size
45
Median Age
18%
College-Educated
85%
High-School Grad
664.2 sq mi
ZIP Area
20
Density / Sq Mi
$53,423
Median Household Income
$33,606
Median Earnings
$625
Median Rent
$141,700
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Turn-key three-unit apartment building includes an additional shop building, with tenants paying electric and the owner paying water and trash.
Where is this triplex located?
The property is located at 1416 W Scenic Rivers Boulevard Salem, MO.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 3‑unit apartment building built in 1970; Unit mix: 1 two‑bed, one‑bath unit and 2 one‑bed, one‑bath units; Central air cooling and vinyl siding
More about this property
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