Estimated payment $925/month
Highlights
- Open Floorplan
- No HOA
- Cooling Available
- Traditional Architecture
- Stainless Steel Appliances
- Patio
About This Home
This fully renovated duplex features two 1 bed, 1 bath units, offering the perfect opportunity for investors or homeowners looking to offset their mortgage—live in one unit and rent out the other! One side is already rented on a month-to-month lease for $725/month, providing immediate income potential. The property has been gutted down to the studs and completely updated with new roofing, drywall, electrical, plumbing, HVAC, and more. A concrete block wall separates the units, offering excellent noise reduction and fire protection.
This turn-key property is move-in ready and qualifies for VA, Cash, Conventional and FHA financing. Don’t miss this chance to own a low-maintenance investment in the city of Salem, Missouri!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $398
Year Built
- Built in 1965 | Remodeled
Lot Details
- 3,537 Sq Ft Lot
- Back Yard
Home Design
- Traditional Architecture
- Slab Foundation
- Architectural Shingle Roof
- Vinyl Siding
Interior Spaces
- 1,224 Sq Ft Home
- Open Floorplan
- Combination Dining and Living Room
- Vinyl Flooring
- Electric Dryer Hookup
Kitchen
- Electric Cooktop
- Stainless Steel Appliances
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Parking
- On-Street Parking
- Off-Street Parking
Outdoor Features
- Patio
Schools
- Wm. H. Lynch Elem. Elementary School
- Salem Jr. High Middle School
- Salem Sr. High School
Utilities
- Cooling Available
- Central Heating
- Heat Pump System
- 220 Volts
Listing and Financial Details
- Assessor Parcel Number 08-6.0-13-1-22-003.000
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- 1 Leased Unit
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | Price Changed | $170,000 | -5.6% | $139 / Sq Ft |
| 06/06/2025 06/06/25 | For Sale | $180,000 | -- | $147 / Sq Ft |
About the Listing Agent
Jennifer's Other Listings
Source: MARIS MLS
MLS Number: MIS25039740
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