$195,000
$10K PRICE DROP

306 E Franklin St Salem, MO 65560

Estimated payment $1,124/month

Total Views 2,863
1 Bed
1 Bath
792 Sq Ft
$246 Price per Sq Ft

Highlights

  • No HOA
  • Stainless Steel Appliances
  • Oversized Parking
  • Community Kitchen
  • 2 Car Attached Garage
  • Eat-In Kitchen

About This Home

Call to schedule your private showing for this awesome multi-purpose building located in the heart of Salem. The building consists of approximately 1848 sq. ft. of usable space. This 1 bedroom 1 bath shop house has a full kitchen with Stainless Steel Appliances, electric cooktop, range hood, custom cabinets, quartz countertops, custom pantry and butcherblock breakfast bar. Full Bathroom with custom vanity, toilet and shower. Completely updated wiring throughout the building and living quarter. Homerun Pex plumbing system with whole house water filter system. Toolboxes with workbench, shop sink and a stacked washer & dryer in the utility/storage room. The shop is 33'x32' with 14 ft ceiling with 8x10 & 12x10 garage doors. Central heat and air in the shop area with two mini splits in the living quarters. Metal siding and roof with seamless guttering. Large gravel lot and private entrance. This property would be an excellent location for someone that wants to run a business or needs room for their toys! Do not hesitate to give us a call today!!

Listing Agent

Jordan Thompson

VIP Properties License #2020033101 Listed on: 04/10/2026

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $994

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • 13,068 Sq Ft Lot
  • Private Entrance
  • Privacy Fence
  • Rectangular Lot
  • Open Lot

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Heated Garage
  • Driveway
  • Additional Parking
  • Open Parking
  • Parking Lot
  • Outside Parking

Home Design

  • Mixed Use
  • Frame Construction
  • Metal Roof
  • Metal Siding
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 792 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Storage
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Flooring

  • Concrete
  • Luxury Vinyl Plank Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry on main level
  • Stacked Washer and Dryer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Salem Upper Elem. Elementary School
  • Salem Jr. High Middle School
  • Salem Sr. High School

Utilities

  • Multiple cooling system units
  • Central Heating and Cooling System
  • Single-Phase Power
  • 220 Volts
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Community Kitchen
  • Building Security System

Listing and Financial Details

  • Assessor Parcel Number 09-4.0-18-3-64-001.001

Home Details

Home Type

Single Family

Est. Annual Taxes

$994

Year Built

Built in 1984 | Remodeled

Lot Details

0.3 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1984
  • Directions: GPS Friendly
  • Property Sub-Type: Single Family Residence
  • ResoLaundryFeatures: Main Level
  • ResoLotFeatures: Open Lot, Private, Rectangular Lot
  • Lot Size Acres: 0.3
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Security System Owned
  • Co List Office Phone: 573-729-7622
  • MLS Status: Active
  • Subdivision Name: Millsap Add
  • Above Grade Finished Sq Ft: 792
  • Architectural Style: Other
  • Carport Y N: No
  • Unit Levels: One
  • New Construction: No
  • Property Attached Yn: No
  • ResoPropertyCondition: Updated/Remodeled
  • Reso Structure Type: Mixed Use
  • Reso Window Features: Double Pane Windows
  • Financial Info Electric: Single Phase, 220 Volts
  • MIS_RoomFlooring: Luxury Vinyl Plank
  • MIS_RoomFlooring: Luxury Vinyl Plank
  • MIS_RoomFlooring: Luxury Vinyl Plank
  • MIS_RoomFlooring: Concrete
  • MIS_PoolYN: 0
  • MIS_AuctionYN: 0
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Custom Cabinetry, Eat-in Kitchen, Storage
  • Appliances: Stainless Steel Appliance(s), Electric Cooktop, Dishwasher, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked, Electric Water Heater
  • Basement YN: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Concrete, Luxury Vinyl
  • MIS_LowerLevelBathroomsFull: 0
  • MIS_LowerLevelBathroomsHalf: 0
  • MIS_LowerLevelBedrooms: 0
  • MIS_MainLevelBathroomsFull: 1
  • MIS_MainLevelBathroomsHalf: 0
  • MIS_UpperLevelBathroomsFull: 0
  • MIS_UpperLevelBathroomsHalf: 0
  • MIS_UpperLevelBedrooms: 0

Exterior Features

  • Fencing: Privacy
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Flood Plain No, Lead Paint, No Other Known Restrictions
  • Home Warranty: No
  • Construction Type: Concrete, Frame, Metal Siding
  • Exterior Features: Lighting, Private Entrance, Rain Gutters
  • Foundation Details: Concrete Perimeter
  • Other Structures: None

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Additional Parking, Driveway, Garage, Gravel, Heated Garage, On Site, Open, Outside, Oversized, Parking Lot, Private

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air, Multi Units
  • Heating: Electric, Other
  • Green Building Features: Bathrooms, Kitchen Facilities, Lighting, Security System
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Schools

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

Lot Info

  • Lot Dimensions: .30 Acres
  • Lot Size Sq Ft: 13068
  • Parcel Number: 09-4.0-18-3-64-001.001

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 994

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $994 $14,830 $0 $0
2024 $994 $14,830 $0 $0
2023 $953 $14,830 $0 $0
2022 $953 $14,830 $0 $0
2021 $953 $14,830 $0 $0
2020 $953 $14,830 $0 $0
2019 $945 $14,830 $0 $0
2018 $922 $14,530 $0 $0
2017 $927 $14,530 $0 $0
2016 $728 $11,420 $0 $0
2015 -- $11,420 $0 $0
2014 -- $11,420 $0 $0
2013 -- $10,700 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2026 04/30/26 Price Changed $195,000 -4.9% $246 / Sq Ft
04/10/2026 04/10/26 For Sale $205,000 -- $259 / Sq Ft
Source: MARIS MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- --
Deed -- --
Source: Public Records

Source: MARIS MLS

MLS Number: MIS26021069

MARIS MLS

APN: 094018364001001

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