Turnkey Rental Units - Investment Opportunity in Salem

1101 E Roosevelt St, Salem, MO 65560

  • For Sale $2,750,000
  • Property Type Multi-Family
  • Units 22
  • Lot Size 0.29 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1994
  • Date Updated Jun 10, 2025

Investment Opportunity in Salem, MO

Here’s a rare chance to own a fully-occupied rental portfolio in a desirable neighborhood—13 duplexes totaling 26 income-producing units, all with newer roofs and a proven history of strong occupancy. With a waiting list of tenants, these well-maintained properties are in high demand and offer immediate cash flow. The portfolio includes twenty-two 2-bed, 2-bath units and four 2-bed, 1-bath units—each featuring a range, refrigerator, dishwasher, laundry closet, central air, propane heat, and an attached one-car garage. One duplex also includes a full unfinished basement for added potential.

Duplexes for Sale in Dent County, MO

With low turnover and minimal maintenance needs, this package is ideal for investors looking for a stable, turnkey property with long-term value. Located across Katie Street and Jennifer Street, this investment opportunity won’t last long. Contact us today for a private showing and see why this fully-leased set of duplexes is a smart addition to any real estate portfolio.

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Contacts

broker

United Country Real Estate

Location

Getting Around

  • Walk Score ®

    41/100 Car-Dependent
  • Bike Score ®

    29/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Salem, MO
  • Neighborhood Salem
  • Zip Code 65560

Points of Interest

  • Mobil

    0.73 miles

  • Casey's General Store

    0.93 miles

  • County Fuels

    1.92 miles

  • KFC/Taco Bell Parking

    0.76 miles

  • SMDH Main Employee Lot

    3.16 miles

  • SMDH Lot B

    3.16 miles

  • SMDH ER Parking

    3.18 miles

  • SMDH Physician Parking

    3.20 miles

  • SMDH Lot A

    3.22 miles

  • Crossroads Inn and Suites

    0.65 miles

  • Crossroads Inns and Suites

    0.66 miles

  • Ranch Motel

    1.64 miles

  • China King

    0.25 miles

  • Bigo's Mexican Restaurant

    0.27 miles

  • Pizza Inn

    0.65 miles

  • Subway

    0.67 miles

  • Aranda's Mexican Restaurant

    0.72 miles

  • Arandas Mexican Restaurant

    0.72 miles

  • KFC/Taco Bell

    0.76 miles

  • McDonald's

    0.78 miles

  • Common Grounds

    0.84 miles

  • The Brick House

    0.99 miles

  • Salem Upper Elementary School

    0.30 miles

  • William Lynch Elementary School

    1.11 miles

  • SBU - Salem

    1.26 miles

  • Middle School

    1.38 miles

  • Salem R-80 Grounds

    1.78 miles

  • Moser School

    2.24 miles

  • Jamison School

    2.32 miles

  • West Shady Grove School

    2.76 miles

  • North Whiteoak School

    3.38 miles

  • Northwood School

    3.39 miles

Frequently Asked Questions

How much does Turnkey Rental Units - Investment Opportunity in Salem cost?

The space currently listed for sale at Turnkey Rental Units - Investment Opportunity in Salem asks for $2,750,000.

When was this property built?

Turnkey Rental Units - Investment Opportunity in Salem was built in 1994.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker

United Country Real Estate

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