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.
Active
Listed by: Century 21 City Connections
Price cut: $15.5K (5/15)
$94,500
401 W Rolla Rd, Salem, MO 65560
5beds
4baths
2,114sqft
Est.:
Multi Family, Apartment
Built in 1973
-- sqft lot
$-- Zestimate®
$45/sqft
$-- HOA
What's special
- 72 days |
- 306 |
- 15 |
Zillow last checked:
Listing updated:
Listing Provided by:
Daniel B Thompson 573-205-3445,
Century 21 City Connections
Source: MARIS,MLS#: 26014496
Originating MLS: Franklin County Board of REALTORS
Originating MLS: Franklin County Board of REALTORSTour 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: $45/sqft
- Tax assessed value: $50,870
- Annual tax amount: $531
- Date on market: 3/12/2026
- Cumulative days on market: 72 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
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/15/2026 | Price change | $94,500-14.1%$45/sqft |
Source:  MARIS #26014496 Report a problem | ||
| 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 | -- | $9,670 |
| 2011 | -- | -- |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 65560
Nearby schools
GreatSchools rating
- NAWm. H. Lynch Elementary SchoolGrades: PK-1Distance: 0.2 mi
- 7/10Salem Middle SchoolGrades: 6-8Distance: 0.7 mi
- 4/10Salem Sr. High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Salem Upper Elem.
- Middle: Salem Jr. High
- High: Salem Sr. High
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Missouri
- Dent County
- Salem
- 65560
- 401 W Rolla Rd
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