Active

Listing Provided by: Century 21 City Connections

$110,000

401 W Rolla Rd, Salem, MO 65560

5beds

4baths

2,114sqft

Est.:

Multi Family, Apartment

Built in 1973

-- sqft lot

$-- Zestimate^®

$52/sqft

$-- HOA

What's special

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.

26 days

667

19

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 4

Heating

Electric

Cooling

Multi Units

Appliances

Included: Other, Electric Water Heater

Features

Ceiling Fan(s), Custom Cabinetry, Laminate Counters, Lever Faucets, Open Floorplan, Shower, Storage, Tub
Flooring: Carpet, Concrete, Luxury Vinyl
Doors: Panel Door(s), Storm Door(s)
Windows: Display Window(s)
Has basement: No
Has fireplace: No

Interior area

Total structure area: 2,114
Total interior livable area: 2,114 sqft

Property

Parking

Parking features: Gravel, On Street
Has uncovered spaces: Yes

Accessibility

Accessibility features: Accessible Approach with Ramp

Features

Levels: One
Patio & porch: Awning(s)
Exterior features: Awning(s), Entry Steps/Stairs, Rain Gutters, Ramp Entry
Fencing: Partial
Frontage length: 77x80

Lot

Size: 6,242.15 Square Feet
Features: City Lot, Corner Lot, Few Trees, Level

Details

Additional structures: None
Parcel number: 086.013404001.000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Apartment Style
Property subtype: Multi Family, Apartment

Materials

Aluminum Siding
Foundation: Slab
Roof: Aluminum

Condition

Fixer
New construction: No
Year built: 1973

Utilities & green energy

Water: Public
Utilities for property: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected

Community & HOA

Community

Security: Smoke Detector(s)
Subdivision: None

HOA

Has HOA: No

Location

Region: Salem

Financial & listing details

Price per square foot: $52/sqft
Tax assessed value: $50,870
Annual tax amount: $531
Date on market: 3/12/2026
Cumulative days on market: 26 days
Listing terms: Cash,Conventional
Ownership: Private
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
3/13/2026	Listed for sale	$110,000-51%$52/sqft
Source: MARIS #26014496 Report a problem
10/16/2023	Listing removed	--
Source: MARIS #23034715 Report a problem
6/17/2023	Listed for sale	$224,500$106/sqft
Source: MARIS #23034715 Report a problem
4/27/2017	Sold	--
Source: MARIS #16033778 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$531 +4.9%	$9,670
2024	$506 +0.3%	$9,670
2023	$504 +0%	$9,670
2022	$504	$9,670
2021	--	$9,670
2020	--	$9,670 +1.3%
2017	--	$9,550
2016	--	$9,550
2015	--	$9,550
2014	--	$9,550 -1.2%
2013	--	$9,670
2011	--	--