$2,750,000

1101 E Roosevelt St Unit 1-26 Salem, MO 65560

Estimated payment $16,132/month

Total Views 257
52 Beds
48 Baths
2,100 Sq Ft
$1,310 Price per Sq Ft

Highlights

  • Cul-De-Sac
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

Investor’s Dream: 13 Fully-Occupied Duplexes – 26 Turnkey Rental Units. Seize this rare opportunity to own a portfolio of 13 well-maintained duplexes – totaling 26 rental units – all with new roofs and 100% occupancy. There’s even a waiting list of tenants, a testament to well maintained property in a location that is highly desired neighborhood. The properties consist of 22, 2 bedroom, 2 bath units and 4, 2 bedroom, 1 bath units, all have range, fridge, dishwasher, laundry closet, and attached 1 car garage. One of the duplexes has a full unfinished basement under it. Propane heat, central air, public water and sewer. Each unit is clean, occupied, and delivering steady cash flow from day one. With a mix of spacious floor plans and modern roofs, maintenance concerns are minimal, and rental turnover is low. Perfect for investors looking for a turn-key, income-generating property with upside potential. Don’t miss out on this fully-occupied, high-demand investment package. Contact us today to schedule a private showing.

Last Listed By

Jonathon Counts

United Country Salem Realty License #2024038973 Listed on: 05/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,439

Year Built

  • Built in 1994

Lot Details

  • 0.29 Acre Lot
  • Cul-De-Sac

Parking

  • 1 Car Attached Garage

Home Design

  • 2,100 Sq Ft Home
  • Vinyl Siding
  • Concrete Block And Stucco Construction

Bedrooms and Bathrooms

  • 52 Bedrooms
  • 48 Bathrooms

Schools

  • Wm. H. Lynch Elem. Elementary School
  • Salem Jr. High Middle School
  • Salem Sr. High School

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Cable TV Available

Community Details

  • 26 Units

Listing and Financial Details

  • Assessor Parcel Number 09-4.0-19-1-05-053.003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,439

Year Built

Built in 1994

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Cross Street: Jennifer
  • Year Built: 1994
  • Directions: From 19/32, Travel east on Missouri Highway 32 and make a right onto Jennifer Street. Last two duplexes on the left on Duplexes are part of this sale . Make a left on Roosevelt and the duplexes on both sides are included, Make a right onto Odom and an immediate left on Katie Street to see the final 4 Duplexes in this complex.
  • Property Sub-Type: 5 Family or More
  • ResoLaundryFeatures: In Unit
  • ResoLotFeatures: City Lot, Cul-De-Sac
  • Lot Size Acres: 0.29
  • Road Surface Type: Asphalt
  • Co List Office Phone: 573-7293148
  • Outside Inclusions: Building,Land
  • MLS Status: Active
  • Subdivision Name: JKD RE Subdivision
  • Above Grade Finished Sq Ft: 2736
  • Architectural Style: Ranch
  • Carport Y N: No
  • New Construction: No
  • Financial Info Electric: 220 Volts
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Kitchen Island, Laminate Counters, Recessed Lighting, Separate Dining, Tub, Walk-In Closet(s)
  • Appliances: Electric Water Heater
  • Basement YN: No
  • Total Bedrooms: 52
  • Door Features: Panel Door(s), Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Vinyl
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Fencing: Back Yard, Partial
  • Roof: Architectural Shingle
  • Pool Private: No
  • Waterfront: No
  • Disclosures: See Seller's Disclosure
  • Construction Type: Concrete, Vinyl Siding
  • Exterior Features: Entry Steps/Stairs
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Concrete

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Heating: Forced Air, Electric
  • Utilities: Cable Available, Electricity Available, Electricity Connected, Propane
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Wm. H. Lynch Elem.
  • Junior High Dist: Salem R-80
  • High School: Salem Sr. High
  • Middle Or Junior School: Salem Jr. High

Lot Info

  • Lot Size Sq Ft: 12632
  • ResoLotSizeUnits: Acres
  • Parcel Number: 09-4.0-19-1-05-053.003
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Trash, Water

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 18439.39

Multi Family

  • Number Of Units In Community: 26
  • Number Of Units Total: 26
  • Number Of Units Leased: 26

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2025 05/28/25 For Sale $2,750,000 -- $1,310 / Sq Ft
Source: MARIS MLS

Source: MARIS MLS

MLS Number: MIS25031159

MARIS MLS