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  • Listed by: Century 21 South Central Realty • Shirley S Manthey • Contact: 573-674-4460
    Price cut: $74.9K (7/16)
    $299,900

    45463 Highway 72, Salem, MO 65560

    --beds
    --baths
    8,636sqft
    : 
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    Multi Family
    Built in 2001
    -- sqft lot
    $-- Zestimate®
    $35/sqft
    $-- HOA

    What's special

    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.
    4 days
    |
    174
    |
    6
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Shirley S Manthey 573-674-4460,

    Century 21 South Central Realty

    Source: MARIS,MLS#: 26043862MLS LogoOriginating MLS: South Central Board of REALTORS

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      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
      • 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

        DateEventPrice
        7/16/2026Price change$225,000-25%$26/sqft
        Source: MARIS #26045520 Report a problem
        7/13/2026Listed for sale$299,900+1.7%$35/sqft
        Source: MARIS #26043862 Report a problem
        4/1/2026Listing removed$295,000$34/sqft
        Source: MARIS #25067642 Report a problem
        1/13/2026Price change$295,000-5.7%$34/sqft
        Source: MARIS #25067642 Report a problem
        10/5/2025Listed for sale$312,900-9.5%$36/sqft
        Source: MARIS #25067642 Report a problem
        10/1/2025Listing removed$345,900$40/sqft
        Source: MARIS #25017530 Report a problem
        5/2/2025Price change$345,900-6%$40/sqft
        Source: MARIS #25017530 Report a problem
        3/25/2025Listed for sale$368,000-24%$43/sqft
        Source: MARIS #25017530 Report a problem
        4/30/2024Sold--
        Source: MARIS #24010240 Report a problem
        3/19/2024Pending sale$484,000$56/sqft
        Source: MARIS #24010240 Report a problem
        3/9/2024Listed for sale$484,000$56/sqft
        Source: MARIS #24010240 Report a problem
        2/23/2024Pending sale$484,000$56/sqft
        Source: MARIS #24010240 Report a problem
        2/21/2024Listed for sale$484,000+1.9%$56/sqft
        Source: MARIS #24010240 Report a problem
        1/10/2024Listing removed--
        Source: MARIS #23042585 Report a problem
        12/11/2023Listed for sale$475,000$55/sqft
        Source: MARIS #23042585 Report a problem
        11/16/2023Contingent$475,000$55/sqft
        Source: MARIS #23042585 Report a problem
        9/20/2023Price change$475,000-3%$55/sqft
        Source: MARIS #23042585 Report a problem
        8/14/2023Price change$489,900-2%$57/sqft
        Source: MARIS #23042585 Report a problem
        7/24/2023Listed for sale$499,900$58/sqft
        Source: MARIS #23042585 Report a problem

        Public tax history

        YearProperty taxesTax 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.
        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

        0 / 100
        Car-Dependent
        18 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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