Multifamily Property with Eight
For Sale
$1,200,000
400 S McArthur, Salem, MO 65560
Residential Income, Salem, MO
Property Size1,158 SF
Lot Size0.85 Acres
Price / SF$1,036
Days on Market47
Property Features for 400 S McArthur
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2, Bathroom 1, Bathroom 2
Parking features
Open, Garage, Driveway, Off Street
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
Electric (Heating), Forced Air, Heat Pump (Heating)
Cooling system
Electric, Central Air
Water source
Public
Amenities
laundry room
wireless internet
Building Details
Year built
2011
Floors in Building
1
Number of units
8
Flooring type
Vinyl, Concrete, Carpet, Laminate
Building materials
Vinyl Siding
Roof type
Shingle
Architectural style
Other
Listing Agency:
Elwood Real Estate LLC
Listed By:
Ahleesha Elwood
(573) 729-2955
Added: Jul 22
Changed: Sep 5
Last Checked: Sep 6 at 9:06AM
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 multifamily property includes four duplexes with eight total units. Each unit is configured with two bedrooms, two bathrooms, and a one-car garage. Four units are occupied by long-term tenants, while the remaining four operate as furnished short-term rentals with Airbnb Superhost status. The short-term units include washers and dryers and wireless internet, while all units have kitchen appliances and laundry hookups.
The property occupies 0.852 acres at 400 S McArthur in Salem, Missouri, with additional road frontage on S. McArthur Street and S. Henderson Street and a shared entrance from Dent Street. Four units front each of the two streets. The location is near shopping, dining, and everyday services, with access to public water and cable availability. Built in 2011, the buildings feature vinyl siding, shingle roofs, central air, forced-air and heat-pump systems, and garage, driveway, and off-street parking.
The property occupies 0.852 acres at 400 S McArthur in Salem, Missouri, with additional road frontage on S. McArthur Street and S. Henderson Street and a shared entrance from Dent Street. Four units front each of the two streets. The location is near shopping, dining, and everyday services, with access to public water and cable availability. Built in 2011, the buildings feature vinyl siding, shingle roofs, central air, forced-air and heat-pump systems, and garage, driveway, and off-street parking.
Key Highlights
- Four duplexes with 8 total units
- Each unit has 2 bedrooms, 2 bathrooms, and a 1‑car garage
- Four long‑term rental units and four furnished short‑term rentals
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Multifamily property - Four duplexes combine long-term occupancy and furnished short-term rental operations in central Salem.
Where is this multifamily property 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 with 8 total units; Each unit has 2 bedrooms, 2 bathrooms, and a 1‑car garage; Four long‑term rental units and four furnished short‑term rentals
