Listing provided courtesy of VIP Propertiesas Distributed by MLSGrid- MLS# 26021069MLS Provider

306 E Franklin StreetSalem, MO 65560

Single Family · 1 Bed · 1 Full Bath · 792 Sq. ft. | 0.30 Acres
$185,000 Active

306 E Franklin Street Overview

Visits:
12

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!!

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306 E Franklin Street Facts & Features

  • Type Single Family
  • Sq. ft. 792
  • Price/Sq.ft. $234
  • Lot 0.30 Acres

Details

General

Association/HOA

  • Association: false

School Information

  • School District: Salem R-80
  • Elementary School: Salem Upper Elem.
  • Middle Or Junior School: Salem Jr. High
  • High School: Salem Sr. High

Building Information

  • New Construction: false
  • Year Built: 1984

Location/Region

  • County Or Parish: Dent
  • MLS Area Major: 799 - Salem
  • Subdivision Name: Millsap Add
  • Township: Salem

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 994
  • Tax Year: 2025

General Information

  • Disclosures: Flood Plain No,Lead Paint,No Other Known Restrictions
  • Listing Terms: 1031 Exchange,Cash,Conventional,VA Loan
  • Parcel Number: 09-4.0-18-3-64-001.001
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Senior Community: false
  • Special Listing Conditions: Standard

Interior

Parking Information

  • Garage Spaces: 2
  • Garage: true

Beds/Baths

  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Bathrooms Total: 1
  • Bedrooms Total: 1

Building Interior

  • Above Grade Finished Area: 792
  • Above Grade Finished Area Source: Public Records
  • Below Grade Finished Area: 0

General Information

  • Appliances: Stainless Steel Appliance(s),Electric Cooktop,Dishwasher,Microwave,Range Hood,Refrigerator,Washer/Dryer Stacked,Electric Water Heater
  • Basement: false
  • Building Features: Bathrooms,Kitchen Facilities,Lighting,Security System
  • Cooling: Ceiling Fan(s),Central Air,Multi Units
  • Electric: Single Phase,220 Volts
  • Fireplace: false
  • Flooring: Concrete,Luxury Vinyl
  • Foundation Details: Concrete Perimeter
  • Heating: Electric,Other
  • Interior Features: Breakfast Bar,Ceiling Fan(s),Custom Cabinetry,Eat-in Kitchen,Storage
  • Laundry Features: Main Level
  • Levels: One
  • Living Area: 792
  • Living Area Source: Public Records
  • Main Level Bedrooms: 1
  • Rooms Total: 4
  • Security Features: Security System Owned
  • Window Features: Double Pane Windows

Exterior

Parking Information

  • Parking Features: Additional Parking,Driveway,Garage,Gravel,Heated Garage,On Site,Open,Outside,Oversized,Parking Lot,Private

Lot Information

  • Frontage Length: 65.1ft.
  • Lot Features: Open Lot,Private,Rectangular Lot
  • Lot Size Acres: 0.3
  • Lot Size Dimensions: .30 Acres
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 13068
  • Road Surface Type: Asphalt
  • Water Source: Public

Waterfront/View

  • Waterfront: false

Building Exterior/Construction

  • Architectural Style: Other
  • Attached Garage: true
  • Construction Materials: Concrete,Frame,Metal Siding
  • Property Attached: false
  • Roof: Metal
  • Structure Type: Mixed Use

General Information

  • Carport: false
  • Exterior Features: Lighting,Private Entrance,Rain Gutters
  • Fencing: Privacy
  • Other Structures: None
  • Pool Private: false
  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Cable Available,Electricity Connected,Phone Available,Sewer Connected,Water Connected

Room Information

Room: Bathroom

  • Level: Main
  • Dimensions: 8x6
  • Length: 8
  • Width: 6

Room: Bedroom

  • Level: Main
  • Dimensions: 11x10
  • Length: 11
  • Width: 10

Room: Kitchen

  • Level: Main
  • Dimensions: 11x12
  • Length: 11
  • Width: 12

Room: Utility Room

  • Level: Main
  • Dimensions: 18x23
  • Length: 18
  • Width: 23

306 E Franklin Street Neighborhood

Community

65560 (Salem) Demographics

44
Median Age
21
Population Density (per sq. mile)
21%
College Educated
$41,730
Estimated Median Income
4,160
Estimated Total Home Owners
1,843
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

306 E Franklin Street Monthly Cost

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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.

306 E Franklin Street Market Data

Based on the last 30 days in this zip code

$321,080
Average List Price
$166
Average Price per Square Foot
14
Properties Sold
122
Average Days on Market
105
Properties for Sale
Calculations provided by Reliance Network

306 E Franklin Street History

Date Event Value Agent
6/2/2026Source: Missouri - MARIS MLS Price Reduction
$185,000 -5.1%
6/2/2026Source: Missouri - MARIS MLS Price Reduction
$185,000 -5.1%
4/29/2026Source: Missouri - MARIS MLS Price Reduction
$195,000 -4.9%
4/29/2026Source: Missouri - MARIS MLS Price Reduction
$195,000 -4.9%
4/28/2026Source: Missouri - MARIS MLS Added to Database
April 28, 2026
4/10/2026Source: Missouri - MARIS MLS Added to Database
April 10, 2026
4/29/2025Source: Missouri - MARIS MLS Added to Database
April 29, 2025