About This Home

This 2-bedroom, 1-bathroom single family at 406 E Roosevelt Street in Salem, MO is listed for $85,000 ($114 per sqft). Built in 1963, the home offers 744 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1963
  • 0.15 acre lot

Property Details

1 story
1 full
1963

Amenities

A/C
Listing Description

Affordable 2-Bedroom Home with Investment Potential in Salem, MO! Don't miss this affordable opportunity to own a 744 sq. ft., 2-bedroom, 1-bath home in Salem, Missouri! Whether you're a first-time homebuyer, looking to downsize, or searching for your next investment property, this home offers plenty of potential.

With a little TLC and your personal touch, it could become a cozy place to call home or a great addition to your rental portfolio. Step inside to a bright and inviting living room that flows into the eat-in kitchen, offering ample cabinet and counter space for meal preparation and everyday living.

The primary bedroom measures approximately 11' x 10', while the second bedroom is 9' x 9', making it ideal for a guest room, child's bedroom, or home office. Vinyl flooring runs throughout much of the home, and the full bathroom is conveniently located near both bedrooms.

Outside, you'll appreciate the attached one-car carport, providing covered parking and easy access to the home. Just beyond the carport is a separate laundry room with additional storage space, keeping the laundry area tucked away while adding extra functionality.

The smaller front and backyard are perfect for anyone looking for a low-maintenance property with minimal landscaping to maintain. Conveniently located in Salem, you'll be just minutes from shopping, schools, restaurants, parks, and other everyday amenities. Whether you're looking for an affordable starter home, a low-maintenance residence, or an investment property with great potential, this home is worth a look. Schedule your private showing today and see the possibilities for yourself!

Monthly Cost Estimate

$455/mo

20% down · 6.5% · 30 years

Principal$61
Interest$368
Insurance$25

Estimates only. Actual payments may vary.

Location

406 E Roosevelt Street

Salem, MO 65560

Wayne-Dale

Property Details

Construction

Vinyl Siding

Parking

CarportOff StreetDriveway

Heating

Ductless (Heating)Electric (Heating)

Cooling

DuctlessWindow Unit(s)

Appliances

Electric RangeRefrigerator

Questions & Answers

This 2-bedroom, 1-bathroom single family at 406 E Roosevelt Street is listed at $85,000 ($114/sqft). The estimated monthly payment is $455 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1963, 0.15 acre lot.

This property is listed by Ahleesha Elwood.

AE

Ahleesha Elwood

Agent at Elwood Real Estate LLC

Listed by Elwood Real Estate LLC · Broker phone: (573) 729-2955 · View on Broker Site

MLS# 26049598· Source: South Central Board of Realtors-MO· Added to PropertySimple today

Copyright © 2026 South Central Board of Realtors-MO. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

406 E Roosevelt Street, Salem, MO 65560

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