Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Above Grade Finished Area

    1158.0

  • Basement YN

    NO

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Fireplace YN

    NO

  • Heating YN

    YES

  • Heating

    Electric, Forced Air, Heat Pump, Exhaust Fan

  • Pet friendly

    N/A

Exterior

  • Garage

    Yes

  • Garage spaces

    1

  • Construction Materials

    Vinyl Siding

  • Parking

    Driveway, Garage, Garage Door Opener, Off Street

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Features

    City Lot, Corner Lot, Front Yard

  • Lot Size(acres)

    0.852

  • Lot Size(square feet)

    37,113

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

  • Architectural Style

    Apartment Style

Price

  • Sales Price

    $1,200,000

  • Tax Amount

    $8,582

  • Sq. Footage

    1,158

  • Price/SqFt

    $1,036

HOA

  • Association

    No

School District

  • Elementary School

    Salem Upper Elem.

  • Middle School

    Salem Jr. High

  • High School

    Salem Sr. High

Property Features

  • New Construction

    NO

  • Foundation Details

    Slab

  • Ownership

    Private

  • Water Source

    Public

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Location

County

Dent

Elementary School

Salem Upper Elem.

Middle School

Salem Jr. High

High School

Salem Sr. High

Listing Courtesy of Ahleesha Elwood, Elwood Real Estate LLC

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Agent Greg Tolbert

Agent / Realtor®

Greg Tolbert

Call Greg today to schedule a private showing.


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Turnkey Investment Opportunity – 4 Duplexes (8 Units) in Prime Salem Location
Excellent opportunity to own four duplexes totaling eight 1,100 sq ft units, each offering 2 bedrooms, 2 bathrooms, and a 1-car garage. Ideally located in the heart of Salem on a high-traffic road, this property combines strong visibility with consistent demand. Four units have road frontage on S. McArthur Street, and four units have road frontage on S. Henderson Street, all sharing a common entrance off Dent Street, providing excellent access and circulation.
Currently, four units are occupied by long-term tenants, while the remaining four units operate as successful short-term rentals with Super-host status on Airbnb. These short-term rentals enjoy strong, repeat annual occupancy from Road Rally participants and spectators, as well as fishermen, hunters, hikers, kayakers, and river adventurers. The property is also frequently utilized by contractors working with nearby mines and other large employers, further strengthening year-round demand.
All units are equipped with refrigerators, stove, dishwasher, microwave with exhaust fan, and washer/dryer hookups in the laundry room. The Airbnb units are fully furnished, include washers and dryers, and are networked for wireless internet, allowing for seamless short-term rental operations.
The location is exceptional—close to shopping, dining, and everyday necessities. The S. McArthur Street units provide front-row views of Salem’s holiday parades, creating added appeal for short-term guests. This central location makes the property ideal for Airbnb/VRBO guests and long-term tenants alike.
Low-maintenance and income-producing, this property is a rare opportunity to own a diversified, turnkey investment in a high-demand area.

400 S McArthur

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