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Pending
  • Listed by: Acar Real Estate, Inc • Shay R Shults
    Price cut: $5K (7/8)
    $56,900

    1008 E Mondy St, Salem, MO 65560

    3beds
    1,344sqft
    Single Family Residence
    Built in 1955
    9,448 Square Feet Lot
    $-- Zestimate®
    $42/sqft
    $-- HOA

    What's special

    VALUE-ADD INVESTMENT OPPORTUNITY IN SALEM! Attention investors, landlords, and rehabbers! This value-add property offers strong income-producing potential and multiple exit strategies. Currently configured as a 3-bedroom, 1 & 1/2-bath home, the layout presents separate front and rear entrances for each side. Located on a quiet street within the Salem R-80 School District, this property is ideal for investors seeking a fix-and-flip, BRRRR strategy, long-term rental, house hack, or cash-flowing addition to an existing portfolio. With solid square footage and a functional layout, this property is ready for renovation and repositioning. The detached shed/garage provides additional storage space for tenants, equipment, tools, or workshop use, adding further value to the property. Property Highlights: Value-add investment Separate entrances for each side Rental income potential Fix-and-flip opportunity BRRRR investment candidate Cash-flow potential Detached shed/garage In-town location near amenities Quiet residential street Bring your contractor and vision, properties with this much upside and investment potential don't come along often. Sold as-is.
    43 days
    |
    411
    |
    12
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Shay R Shults,

    Acar Real Estate, Inc

    Source: MARIS,MLS#: 26037086MLS LogoOriginating MLS: South Central Board of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 3
      Heating
      • Forced Air
      Cooling
      • Electric
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 1,344
      • Total interior livable area: 1,344 sqft
      • Finished area above ground: 1,344

      Property

      Features
      • Levels: One
      Lot
      • Size: 9,448 Square Feet
      • Features: Level
      Details
      • Parcel number: 094.018412002.000
      • Special conditions: Listing As Is

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence
      Materials
      • Other
      Condition
      • Year built: 1955

      Utilities & green energy

      • Electric: Other
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Subdivision: Hilltop Add
      HOA
      • Has HOA: No
      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $42/sqft
      • Tax assessed value: $32,050
      • Annual tax amount: $334
      • Date on market: 6/11/2026
      • Cumulative days on market: 43 days
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/13/2026Pending sale$56,900$42/sqft
        Source: MARIS #26037086 Report a problem
        7/8/2026Price change$56,900-8.1%$42/sqft
        Source: MARIS #26037086 Report a problem
        6/23/2026Price change$61,900-8.3%$46/sqft
        Source: MARIS #26037086 Report a problem
        6/11/2026Listed for sale$67,500$50/sqft
        Source: MARIS #26037086 Report a problem
        6/10/2026Listing removed$67,500$50/sqft
        Source: MARIS #26036207 Report a problem
        6/8/2026Listed for sale$67,500$50/sqft
        Source: MARIS #26036207 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$334 +4.9%$6,090
        2024$319 +0.3%$6,090
        2023$318 +0%$6,090
        2022$318 $6,090
        2021-- $6,090
        2020-- $6,090 +0.8%
        2017-- $6,040
        2016-- $6,040
        2015-- $6,040 +0.2%
        2014-- $6,030
        2013-- $6,030
        2011-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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

        Getting around

        38 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Wm. H. Lynch 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.

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