Listing provided courtesy of Acar Real Estate, IncMLS# 26037086MLS Provider
  • 19 days on site
  • 0 views

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.

Source: Missouri - MARIS MLS, MLS#: 26037086

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  • Property Type
    Residential
  • Lot
    0.22 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 1008 E Mondy Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/23/2026Source: Missouri - MARIS MLS Price Reduction
$61,900 -8.3%
6/11/2026Source: Missouri - MARIS MLS Added to Database
June 11, 2026