306 E  Franklin St, Salem, MO 65560
FOR SALE
0.3 ACRES
Listed by Jordan L Thompson, VIP Properties, (573) 729-7622

306 E Franklin St
Salem, MO 65560

  • 1 Bed
  • 1 Bath
  • 792 sqft (on 0.30 acres)

$195,000

Original price: $205,000
Est. Mortgage $1,136/mo*

$195,000

Original price: $205,000
Est. Mortgage $1,136/mo*
1 Bed
1 Bath
792 sqft
(on 0.30 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

Description

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! Do not hesitate to give us a call today!!

Home Highlights

Parking
2 Car Garage
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$246
Listed
29 days ago

Home Details for 306 E Franklin St

Active Status

MLS Status: Active

Interior Features

Interior Details
Number of Rooms: 4Types of Rooms: Bedroom, Bathroom, Kitchen, Utility Room
Beds & Baths
Number of Bedrooms: 1Main Level Bedrooms: 1Number of Bathrooms: 1Number of Bathrooms (full): 1Number of Bathrooms (main level): 1
Dimensions and Layout
Living Area: 792 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water ConnectedAppliances: Stainless Steel Appliance(s), Electric Cooktop, Dishwasher, Microwave, Range Hood, Refrigerator, Washer/Dryer Stacked, Electric Water HeaterDishwasherLaundry: Main LevelMicrowaveRefrigerator
Heating & Cooling
Heating: Electric,OtherHas CoolingAir Conditioning: Ceiling Fan(s),Central Air,Multi UnitsHas HeatingHeating Fuel: Electric
Fireplace & Spa
No Fireplace
Gas & Electric
Electric: Single Phase, 220 VoltsHas Electric on Property
Windows, Doors, Floors & Walls
Window: Double Pane WindowsFlooring: Concrete, Luxury Vinyl
Levels, Entrance, & Accessibility
Levels: OneFloors: Concrete, Luxury Vinyl
Security
Security: Security System OwnedSecurity System

Exterior Features

Exterior Home Features
Roof: MetalFencing: PrivacyOther Structures: NoneExterior: Lighting, Private Entrance, Rain GuttersFoundation: Concrete PerimeterNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Additional Parking,Driveway,Garage,Gravel,Heated Garage,On Site,Open,Outside,Oversized,Parking Lot,Private
Frontage
Road Frontage: City StreetRoad Surface Type: AsphaltNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Frontage Length: 65.1ft.
Finished Area
Finished Area (above surface): 792 Square Feet

Days on Market

Cumulative Days on Market: 19Days on Market: 29

Property Information

Year Built
Year Built: 1984
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceStructure Type: Mixed UseArchitecture: Other
Building
Building: Bathrooms, Kitchen Facilities, Lighting, Security SystemConstruction Materials: Concrete, Frame, Metal SidingNot a New ConstructionNot Attached PropertyDoes Not Include Home Warranty
Property Information
Condition: Updated/RemodeledParcel Number: 094.018364001.001

Price & Status

Price
List Price: $195,000Price Per Sqft: $246
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: SalemCommunity: Millsap Add
School Information
Elementary School: Salem Upper Elem.Jr High / Middle School: Salem Jr. HighHigh School: Salem Sr. HighHigh School District: Salem R-80

Agent Information

Listing Agent
Listing ID: 26021069

Building

Building Area
Building Area: 792 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: South Central Board of REALTORSNo HOA

Lot Information

Lot Area: 0.30 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: 1031 Exchange, Cash, Conventional, VA Loan

Business

Business Information
Ownership: Private

Miscellaneous

Mls Number: 26021069Above Grade Unfinished Area: 792Showing Requirements: Appointment Only, Call Listing Agent, Call Listing Office, Combination Lock Box, Email Listing Agent, Security System, Showing Service, Sign, Text Listing Agent, Vacant
Last check for updates: about 17 hours ago
Listing Provided by: Jordan L Thompson, (573) 247-4654
VIP Properties
Originating MLS: South Central Board of REALTORS
Source: MARIS, MLS#26021069
Also Listed on MARIS.

Price History for 306 E Franklin St

DatePriceEventSource
04/30/2026$195,000PriceChange
MARIS #26021069
04/10/2026$205,000Listed For SaleMARIS #26021069

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Comparable Sales for 306 E Franklin St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.18
Single-Family Home
-
01/20/26
2
1
780
0.24
Single-Family Home
-
10/02/25
2
1
768
0.25
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-
01/22/26
1
1
672
0.19
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07/01/25
2
1
728
0.12
Single-Family Home
-
07/18/25
2
1
828
0.26
Single-Family Home
-
05/27/25
2
1
986
0.28
Single-Family Home
-
02/13/26
2
1
700
0.29
Single-Family Home
-
03/20/26
2
1
1,144
0.35
Single-Family Home
-
01/13/26
2
1
896
0.28
Single-Family Home
-
07/29/25
3
1
1,156

Assigned Schools

These are the assigned schools for 306 E Franklin St.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Salem

At least 20 Trulia users voted on each feature.
  • 96 % Say car is needed

  • 95 % Say yards are well-kept

  • 90 % Say parking is easy

  • 87 % Say it's dog friendly

  • 76 % Say there's holiday spirit

  • 67 % Say kids play outside

  • 56 % Say it's quiet

  • 54 % Say neighbors are friendly

  • 54 % Say people would walk alone at night

  • 54 % Say there are sidewalks

  • 50 % Say it's walkable to grocery stores

  • 45 % Say streets are well-lit

  • 42 % Say they plan to stay for at least 5 years

  • 41 % Say there's wildlife

  • 41 % Say it's walkable to restaurants

  • 24 % Say there are community events

Learn more about our methodology.
  • Lara Cruttenden
    "Certain breeds are not allowed to live in the City limits without the owners having to have a bunch of paperwork done."
  • Bonnitaclaus
    "Neighborhood garage sale every year, everyone is friendly, helpful and a community spirit. There are events but I have not looked into it yet. I am an introvert and I’m not interested in a lot a lot or socializing. We have a rodeo every year and of course for each which is very important. And the how do you fare of course."
  • Bonnitaclaus
    "I have a school just down the block from me the other schools are not too far we have a hospital right near them 3 miles from where I am right this time. We have several drug stores we have to grocery stores shopping antique stores and secondhand stores we have hardware stores several nice restaurants, parks did I mention we have a hospital"
  • Zoe E.
    "Nothing really is unique about my neighborhood. Hoping the new one we move to is less traffic........"

LGBTQ Local Legal Protections

Jordan L Thompson, VIP Properties
Agent Phone: (573) 247-4654
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Some IDX listings have been excluded from this website. Click here for more information
306 E Franklin St, Salem, MO 65560 is a 1 bedroom, 1 bathroom, 792 sqft single-family home built in 1984. This property is currently available for sale and was listed by MARIS on Apr 10, 2026. The MLS # for this home is MLS# 26021069.