Search
Duplex with Full Basement and Two-Car Garage
For Sale
$74,995
Pending

307 W 7th Street, Salem, MO 65560

MULTI_FAMILY - Other - Salem, MO

Property Size1,551 SF
Lot Size0.11 Acres
Days on Market16

Property Features for 307 W 7th Street

General Information

Property type Residential Multi Family
Property subtype Other
Subdivision Clarks North Ad
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 In the city, GPS gets you there.
Standard status Pending
APN 08-6.0-13-1-22-003.001
Size 1,551 SF
Lot size 0.11 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 461

Utilities

Cooling system Wall/Window Unit(s), Window Unit(s)

Building Details

Year built 1965
Building materials Frame
Architectural style Other
Listing Agency: Platinum Realty of St. Louis
Listed By: Lance Mayfield · License #2017008715
Added: Jul 22 Changed: Aug 2 Last Checked: Aug 6 at 3:06PM
MLS# 26025391

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.

This duplex offers two bedrooms per side with a layout that includes a living room, bathroom, and kitchen in each unit. The structure is frame construction and includes a full basement under the entire duplex, providing additional storage and a two-car garage. Heating is provided by a central heating system, with window unit air conditioning for cooling.

Located at 307 W 7th Street in Salem, Missouri, the property sits just off the main business district of the city. The setting can support a rental strategy focused on day-to-day convenience for tenants.

The duplex sits on a 0.1148-acre lot and has a total property size of 1,551 square feet. Built in 1965, it includes the core elements of a functional rental arrangement and a basement level designed for storage and garage use.

Key Highlights

  • Two bedrooms per side, each with living room, bathroom, and kitchen
  • Full basement under the entire structure plus two‑car garage and additional storage
  • Frame construction duplex totaling 1,551 SF on a 0.1148‑acre lot

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Bakery HVAC Service Locksmith Garden Center

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

345
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Frame duplex with two bedrooms per side, full basement, and a two-car garage with window unit air conditioning.
Where is this duplex located?
The property is located at 307 W 7th Street Salem, MO.
What is the asking price?
The asking price for this property is $74,995.
What are key features of this property?
This property features: Two bedrooms per side, each with living room, bathroom, and kitchen; Full basement under the entire structure plus two‑car garage and additional storage; Frame construction duplex totaling 1,551 SF on a 0.1148‑acre lot
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message