Here are the key takeaways:
• Property type: 6.37-acre multi-purpose, income-producing tract between Salem and Rolla.
• Current rentals: Three single-wide mobile homes (1,120–1,216 sq ft; built 1994–2005) with three paying tenants; one unit Section 8 approved.
• Utilities: Separate electric meters for each unit; shared well for all units/building. Septic: one unit has its own tank, two share a tank, and the main building has its own tank.
• Commercial building: 50x100 structure with office, storefront, storage rooms, bathroom, and workshop with garage door; partial living quarters already in place and convertible to multiple living units.
• Site features: 6-foot chain-link fenced backyard area behind the building; ample space for repair/sales business while maintaining rental income.
• Income potential: Expandable rental portfolio with mixed-use options (commercial + residential); opportunities to convert building to additional rentals or operate a business on-site.
• Call to action: Private showings available.
Active
Listed by: Century 21 South Central Realty • Shirley S Manthey • 573-674-4460
Price cut: $74.9K (7/16)
$299,900
45463 Highway 72, Salem, MO 65560
--beds
--baths
8,636sqft
Multi Family
Built in 2001
-- sqft lot
$-- Zestimate®
$35/sqft
$-- HOA
What's special
- 35 days
- 307
- 17
Zillow last checked:
Listing updated:
Listed by:
Shirley S Manthey 573-674-4460,
Century 21 South Central Realty
Source: MARIS,MLS#: 26043862
Originating MLS: South Central Board of REALTORS
Facts & features
Interior
Heating
- Electric, Forced Air, Propane
Cooling
- Ceiling Fan(s), Central Air, Electric
Features
- Basement: None
- Has fireplace: No
Interior area
- Total structure area: 8,636
- Total interior livable area: 8,636 sqft
Property
Parking
- Parking features: Additional Parking
Features
- Fencing: Back Yard
Lot
- Size: 6.37 Acres
- Features: Adjoins Wooded Area, Few Trees, Front Yard, Split Possible
Details
- Parcel number: 041.011000006.000
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Metal Siding
- Foundation: Block, Pillar/Post/Pier, Slab
Condition
- Updated/Remodeled
- New construction: No
- Year built: 2001
Utilities & green energy
- Electric: Single Phase
- Water: Shared Well
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Salem
Financial & listing details
- Price per square foot: $35/sqft
- Tax assessed value: $115,880
- Annual tax amount: $1,299
- Date on market: 7/13/2026
- Cumulative days on market: 35 days
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Price change | $225,000-25%$26/sqft |
Source: | ||
| 7/13/2026 | Listed for sale | $299,900+1.7%$35/sqft |
Source: | ||
| 4/1/2026 | Listing removed | $295,000$34/sqft |
Source: | ||
| 1/13/2026 | Price change | $295,000-5.7%$34/sqft |
Source: | ||
| 10/5/2025 | Listed for sale | $312,900-9.5%$36/sqft |
Source: | ||
| 10/1/2025 | Listing removed | $345,900$40/sqft |
Source: | ||
| 5/2/2025 | Price change | $345,900-6%$40/sqft |
Source: | ||
| 3/25/2025 | Listed for sale | $368,000-24%$43/sqft |
Source: | ||
| 4/30/2024 | Sold | -- |
Source: | ||
| 3/19/2024 | Pending sale | $484,000$56/sqft |
Source: | ||
| 3/9/2024 | Listed for sale | $484,000$56/sqft |
Source: | ||
| 2/23/2024 | Pending sale | $484,000$56/sqft |
Source: | ||
| 2/21/2024 | Listed for sale | $484,000+1.9%$56/sqft |
Source: | ||
| 1/10/2024 | Listing removed | -- |
Source: | ||
| 12/11/2023 | Listed for sale | $475,000$55/sqft |
Source: | ||
| 11/16/2023 | Contingent | $475,000$55/sqft |
Source: | ||
| 9/20/2023 | Price change | $475,000-3%$55/sqft |
Source: | ||
| 8/14/2023 | Price change | $489,900-2%$57/sqft |
Source: | ||
| 7/24/2023 | Listed for sale | $499,900$58/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,299 +0.5% | $29,770 |
| 2024 | $1,293 -61.3% | $29,770 -65.5% |
| 2023 | $3,342 +1.3% | $86,370 |
| 2022 | $3,299 | $86,370 |
| 2021 | -- | $86,370 |
| 2020 | -- | $86,370 +0.2% |
| 2017 | -- | $86,180 +1.2% |
| 2016 | -- | $85,170 |
| 2015 | -- | $85,170 +4.9% |
| 2014 | -- | $81,160 +34.1% |
| 2013 | -- | $60,500 |
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.Climate risks
Neighborhood: 65560
Nearby schools
Schools provided by the listing agent
- Elementary: Dent-Phelps Elem.
- Middle: Dent-Phelps Elem.
- High: Salem/Rolla/Licking
Source: MARIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



