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$175,000sold price Closed

306 E Franklin Street, Salem, MO, 65560

1 bd | 1 ba | 792 sq ft | Other
Subdivision: Millsap Add
Call to schedule your private showing for this awesome multi-purpose building located in the heart of Salem. The building consists of approximately 1848 sq. ft. of usable space. This 1 bedroom 1 bath shop house has a full kitchen with Stainless Steel Appliances, electric cooktop, range hood, custom cabinets, quartz countertops, custom pantry and butcherblock breakfast bar. Full Bathroom with custom vanity, toilet and shower. Completely updated wiring throughout the building and living quarter. Homerun Pex plumbing system with whole house water filter system. Toolboxes with workbench, shop sink and a stacked washer & dryer in the utility/storage room. The shop is 33'x32' with 14 ft ceiling with 8x10 & 12x10 garage doors. Central heat and air in the shop area with two mini splits in the living quarters. Metal siding and roof with seamless guttering. Large gravel lot and private entrance. This property would be an excellent location for someone that wants to run a business or needs room for their toys! Seller is offering a $2,500 Seller Credit at closing. Do not hesitate to give us a call today!!

Status: Closed · MLS# 26021069 · Listing Courtesy of VIP Properties, [email protected]
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Facts and features

Sold Price

$ 175,000

List Price

$ 175,000

Status

Closed

Days on market

174

MLS#

26021069

Bedrooms

1

Full baths

1

Sq. Ft. Above

792

Subdivision

Millsap Add

Municipality

Salem

School District

Salem R-80

County

Dent

Property Type

Residential

Style

Other

Type

Residential

Additional Information

Property Tax (2025)

$994

Room Dimensions

Main level
Kitchen
11 × 12 ft · 132 sq ft
Bathroom
8 × 6 ft · 48 sq ft
Bedroom
11 × 10 ft · 110 sq ft
Utility Room
18 × 23 ft · 414 sq ft

Recent Nearby Sales in 65560

Last 6 closed homes in this zip.

Address Bd/Ba SqFt List Sold Closed
104 N Pershing Avenue, Salem, MO 65560 0/0 -- $9,900 $9,500
96% of ask
Nov 13, 2026
905 E 1st Street, Salem, MO 65560 3/2 1,134 $74,900 $64,000
85.4% of ask
Nov 13, 2026
Lot 11 County Road 4180, Salem, MO 65560 0/0 -- $72,900 $65,000
89.2% of ask
Nov 12, 2026
1001 W Center Street, Salem, MO 65560 2/1 240 $10,000 $10,000
100% of ask
Nov 10, 2026
1104 S McArthur Street, Salem, MO 65560 3/2 1,904 $279,900 $245,000
87.5% of ask
Nov 10, 2026
2620 County Road 2300, Salem, MO 65560 4/2 2,500 $190,000 $185,000
97.4% of ask
Nov 10, 2026

Price & Listing History

Listed for sale at $205,000
Apr 10, 2026 · original list price
Price reduced by $20,000 (9.8%)
From $205,000 to $185,000
Price reduced by $10,000 (5.4%)
From $185,000 to $175,000 · $30,000 below the original price
Sold for $175,000
Oct 1, 2026 · 85.4% of original list price · 174 days from listing to closing

Every time this home was on the market

Prior listings, expired and canceled listings, days on market, price changes and sold prices from MARIS MLS records.

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Most MLS-recorded sales near this home

Most closed sales in the last 12 months around this address, listing side and buyer side, plus this listing agent's record.

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