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.
Multi-familyProperty Type
1973Year Built
6,242 sq ftLot Size
$45Price/Sq.Ft.
Listed by Daniel Thompson• Century 21 City Connections
Bought with Lance Mayfield• Platinum Realty of St. Louis
3 unit apartment building - one 2 bedroom and two 1 bedrooms - Income approximate $10,200 a year. Each unit has a range oven and refrigerator. Two bedroom has W/D hook-up. Excellent tenants to stay. New metal roof 4 years ago. All electric BB heat and window A/C in each unit. Large storage unit for the complex. Lots of parking in front and side.
SOMO #60052842
Apr 27, 2017
Sold
—
May 16, 2016
Listed
$62,500
$30/sq ft
Public Records
Dec 1, 2004
Sold
—
Year
Property tax
Land + Additions
Assessment*
2025
$531 (+4.9%)
2024
$506 (+0.3%)
2023
$504
2022
$504 (−2.4%)
2021
$517 (+2.5%)
2020
$504 (+1.0%)
2019
$499 (+1.8%)
2018
$490 (−0.7%)
2017
$494 (+0.1%)
2016
$493 (+0.4%)
2015
$491 (+0.2%)
2014
$490 (−1.6%)
2013
$498
Public record
Beds
1
Baths
—
Stories
—
Lot width
78 ft.
Lot depth
80 ft.
Lot size
6,240 Sq. Ft.
Year renovated
—
Sq. Ft.
2,114
Year built
1973
Style
Multi-Family (2-4 Unit)
County
Dent County
APN
08-6.0-13-4-04-001.000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 24, 2026.
Property details
Parking
Parking Information
Parking Features: Gravel, On Street
Interior
Bedroom Information
Main And Upper Level Bedrooms: 0
Bathroom Information
Main And Upper Level Bathrooms: 0
Heating & Cooling
Heating Information: Electric
Cooling Information: Multi Units
Interior Features
Interior Features: Ceiling Fan(s), Laminate Counters, Open Floorplan, Storage
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.
Cross Street: N. Henderson Street
Address Line: 401 W Rolla RD, SLM MO 65560
Public facts
Beds: 1
Baths: —
Sq. Ft.: 2,114
Stories: —
Lot Size: 6,240 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1973
Year Renovated: —
County: Dent County
APN: 08-6.0-13-4-04-001.000
Home facts updated by county records on Aug 24, 2026
Other
Listing Information
Auction YN: 0
Seller Consider Concession YN: 0
Seller Paid Repairs Amount: 0.00
Home Information
Living Area: 2114
Living Area Source: Public Records
Living Area Srch Sq Ft: 2114.00
Foundation Details: Slab
Public Records
Levels: One
Security Features: Smoke Detector(s)
Around this home
Schools
Wm. H. Lynch Elementary School
Public PreK-1 • Assigned • 0.2mi
Salem Middle School
Public 6-8 • Assigned • 0.7mi
7/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
4/10 Fire Factor
2% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 106° expected this year, 21 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Salem, MO • 65560
Average low and high temperatures (°F)
39
19
49
25
66
40
70
49
72
53
82
64
87
68
85
61
80
57
72
46
58
37
48
28
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
89/ 100
Very good sunlight
Sunscore
This home receives average direct sun exposure in the zip code. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
11 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$64,000 – $77,000
Sell confidently with a local market expert in Salem.