Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2011
Sq.Footage
1,158
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.
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
-
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
-
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
-
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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