1008 E Mondy St, Salem, MO 65560

$50,000
3
BD
2
BA
1,344
SqFt

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Sold Price
$50,000
List Price
$56,900
Status
CLOSED
Days on Market
62
Closing Date
Aug 12, 2026
MLS#
26037086
Subtype
Residential
Style
Other
Year Built
1955
Bedrooms
3
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
1,344
Lot Size
9,448
Acres
0.22
Subdivision
Hilltop Add
Neighborhood
Hilltop Add
MLS Area Major
Salem

Property Description

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.

Additional Information

Taxes
$334
Property Description
Other
Heating
Forced Air
Air Conditioning
Electric
Levels
One
School District
Salem R-80
Elementary School
Wm. H. Lynch Elem.
Middle School
Salem Jr. High
High School
Salem Sr. High

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Listing courtesy of Acar Real Estate, Inc. Selling Office: EXP Realty, LLC.

Listings displaying the MARIS logo are courtesy of the participants of Mid America Regional Information Systems Internet Data Exchange. Information From Third Parties, Deemed Reliable But Not Verified