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Four-Duplex Property with Common Entrance
For Sale
$1,200,000

400 S McArthur, Salem, MO 65560

MULTI_FAMILY - Other - Salem, MO

Property Size1,158 SF
Lot Size0.85 Acres
Price / SF$1,036
Days on Market35

Property Features for 400 S McArthur

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Parking features Off Street, Driveway, Garage, Open
Appliances Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Electric Range, Refrigerator, Washer/Dryer, Electric Water Heater
Subdivision Dents South Add
Lot features City Lot, Corner Lot, Front Yard
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 From Salem: Head W on 32 Highway, turn right onto Macarthur. Proceed through Stop Sign at Franklin/Macarthur streets, property is on the right hand side look for sign.
Standard status Active
APN 08-6.0-13-4-54-001.000
Size 1,158 SF
Lot size 0.85 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOTS 1-2-7-8 BLOCK F DENT'S SOUTH ADDITION
Tax Annual Amount 8582
Legal Description LOTS 1-2-7-8 BLOCK F DENT'S SOUTH ADDITION

Utilities

Utilities Cable Available
Heating system Heat Pump (Heating), Electric (Heating), Forced Air
Cooling system Electric, Central Air
Water source Public

Amenities

refrigerator
stove
dishwasher
microwave
washer/dryer hookups
wireless internet

Building Details

Year built 2011
Floors in Building 1
Number of units 8
Flooring type Concrete, Vinyl, Carpet, Laminate
Building materials Vinyl Siding
Roof type Shingle
Architectural style Other
Listing Agency: Elwood Real Estate LLC
Listed By: Ahleesha Elwood
Added: Jul 22 Changed: Aug 8 Last Checked: Aug 25 at 11:06PM
MLS# 26015177

Copyright © 2026 South Central Board of Realtors-MO. 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 turnkey four-duplex property includes 4 duplexes totaling 8 units, with each unit reported at 1,100 square feet. The units are configured with two bedrooms, two bathrooms, and a 1-car garage. The home was built in 2011 and is finished with vinyl siding and a shingle roof. Heating is provided by forced air/heat pump and electric heat, and cooling includes electric central air. Each unit is equipped with a refrigerator, electric range, dishwasher, microwave with exhaust fan, and washer/dryer hookups in the laundry room.

Operationally, the property uses a shared circulation plan: four units have road frontage on S. McArthur Street and four units have road frontage on S. Henderson Street, with a common entrance off Dent Street. Currently, four units are occupied by long-term tenants, and four units operate as short-term rentals described as having Super-host status on Airbnb. The short-term rental units are fully furnished and include washers and dryers, plus wireless internet networking for short-term stays.

All services are described as public water, with cable available.

Key Highlights

  • Four duplexes totaling 8 units, each unit reported at 1,100 SF
  • Two bedrooms and two bathrooms per unit, plus a 1‑car garage
  • Built in 2011 with vinyl siding and a shingle roof

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service Storage Facility Computer & Electronic Repair Catering Service

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

8
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

545
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
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Frequently Asked Questions

What type of property is this?
Duplex - Turnkey four-duplex portfolio with shared access and a mix of long-term tenants and short-term rentals.
Where is this duplex located?
The property is located at 400 S McArthur Salem, MO.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Four duplexes totaling 8 units, each unit reported at 1,100 SF; Two bedrooms and two bathrooms per unit, plus a 1‑car garage; Built in 2011 with vinyl siding and a shingle roof
More about this property
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