$110,000

401 W Rolla Rd Salem, MO 65560

Estimated payment $617/month

Total Views 138
5 Beds
4 Baths
2,114 Sq Ft
$52 Price per Sq Ft

Highlights

  • Open Floorplan
  • No HOA
  • Bathtub
  • Corner Lot
  • Display Windows
  • Storage

About This Home

Calling all Investors -- the potential here is worth noting! Take advantage of this rare opportunity in Salem, Missouri complete with 4 units and a low vacancy rate. This is a great opportunity to grow your portfolio in a city that only continues to thrive and expand. Owner expenses include management, maintenance, water/sewer and lawn care. If you have a vision, the bones here are strong and ready for you to bring it to life! Schedule a private showing with Daniel today.

Listing Agent

Daniel Thompson

Century 21 City Connections Listed on: 03/12/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $531

Year Built

  • Built in 1973

Lot Details

  • 6,242 Sq Ft Lot
  • Partially Fenced Property
  • Corner Lot
  • Level Lot
  • Few Trees

Home Design

  • Fixer Upper
  • Slab Foundation
  • Aluminum Roof
  • Aluminum Siding

Interior Spaces

  • 2,114 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Awning
  • Display Windows
  • Panel Doors
  • Storage
  • Laminate Countertops

Flooring

  • Carpet
  • Concrete
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms
  • Easy To Use Faucet Levers
  • Bathtub
  • Shower Only

Home Security

  • Storm Doors
  • Fire and Smoke Detector

Parking

  • Paved Parking
  • On-Street Parking

Accessible Home Design

  • Accessible Approach with Ramp
  • Accessible Ramps

Schools

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

Utilities

  • Multiple cooling system units
  • Central Heating
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Rain Gutters
  • City Lot

Listing and Financial Details

  • Assessor Parcel Number 08-6.0-13-4-04-001.000

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 1 Leased Unit

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$531

Year Built

Built in 1973

Lot Details

6,242 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Cross Street: N. Henderson Street
  • Year Built: 1973
  • Accessibility Features: Accessible Approach with Ramp
  • Directions: Traveling west on Highway 72, turn left onto South Henderson St and follow for 1 mile. The destination will be located on your left. GPS Friendly.
  • Property Sub-Type: 2-4 Units
  • ResoLotFeatures: City Lot, Corner Lot, Few Trees, Level
  • Lot Size Acres: 0.1433
  • Road Frontage Type: City Street
  • Road Surface Type: Asphalt
  • ResoSecurityFeatures: Smoke Detector(s)
  • Co List Office Phone: 573-885-2121
  • MLS Status: Active
  • Subdivision Name: None
  • Architectural Style: Apartment Style
  • Carport Y N: No
  • Unit Levels: One
  • New Construction: No
  • ResoPropertyCondition: Fixer
  • Reso Window Features: Display Window(s)
  • MIS_PoolYN: 0
  • MIS_UnitCount: 4
  • MIS_AuctionYN: 0
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Custom Cabinetry, Laminate Counters, Lever Faucets, Open Floorplan, Shower, Storage, Tub
  • Appliances: Other, Electric Water Heater
  • Basement YN: No
  • Total Bedrooms: 5
  • Door Features: Panel Door(s), Storm Door(s)
  • Fireplace: No
  • Flooring: Carpet, Concrete, Luxury Vinyl

Exterior Features

  • Fencing: Partial
  • Roof: Aluminum
  • Waterfront: No
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Construction Type: Aluminum Siding
  • Exterior Features: Awning(s), Entry Steps/Stairs, Rain Gutters, Ramp Entry
  • Foundation Details: Slab
  • Other Structures: None
  • Patio And Porch Features: Awning(s)

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Parking Features: Gravel, On Street

Utilities

  • Cooling: Multi Units
  • Heating: Electric
  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • 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 Size Sq Ft: 6242.15
  • Parcel Number: 08-6.0-13-4-04-001.000

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 531

Multi Family

  • Number Of Units Total: 4
  • Number Of Units Leased: 1

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 $531 $9,670 $0 $0
2024 $531 $9,670 $0 $0
2023 $504 $9,670 $0 $0
2022 $504 $9,670 $0 $0
2021 $504 $9,670 $0 $0
2020 $504 $9,670 $0 $0
2019 $499 $9,670 $0 $0
2018 $490 $9,550 $0 $0
2017 $494 $9,550 $0 $0
2016 $493 $9,550 $0 $0
2015 -- $9,550 $0 $0
2014 -- $9,550 $0 $0
2013 -- $9,670 $0 $0
2011 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/12/2026 03/12/26 For Sale $110,000 +76.0% $52 / Sq Ft
04/27/2017 04/27/17 Sold -- -- -- View Prior Sale
04/07/2017 04/07/17 Pending -- -- --
05/13/2016 05/13/16 For Sale $62,500 -- $30 / Sq Ft
Source: MARIS MLS

Purchase History

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

Source: MARIS MLS

MLS Number: MIS26014496

MARIS MLS

APN: 086013404001000

Your Personal Tour Guide

Ask me questions while you tour the home.