1916/18 Salter Pl Kirksville, MO 63501
This exceptional investment opportunity presents a well-maintained, two-unit duplex located at 1916/18 Salter Place in Kirksville, Missouri, zip code 63501. Built in 1999, this 1.5-story property boasts a desirable 70' x 108' lot and features vinyl siding construction. Each unit offers comfortable living spaces, including three bedrooms and two bathrooms, a kitchen, and a living room. Modern amenities are abundant, with each unit equipped with a range/stove, refrigerator, dishwasher, central air conditioning, a one-car garage, washer, and dryer. The interior finishes include drywall walls, carpeted and vinyl flooring. Both units are currently leased, generating a substantial rental income. Unit 1 rents for $875 per month and Unit 2 for $850 per month, both with leases expiring April 30, 2025. The property is served by public water and sewer. Situated within the Kirksville R-III School District, this duplex represents a strong investment with significant potential for long-term returns. The property taxes for 2023 were $1808.95. The asking price for this turnkey investment property is $239,000. This property has undergone multiple updates within the past two years.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.