135 Salem SW AVE, Roanoke, VA 24011
135 Salem SW AVE, Roanoke, VA 24011
135 Salem SW AVE, Roanoke, VA 24011
135 Salem SW AVE, Roanoke, VA 24011
135 Salem SW AVE, Roanoke, VA 24011
135 Salem SW AVE, Roanoke, VA 24011
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Listed by STEPHEN MAXWELL PENDERGRASS I I POE & CRONK REAL ESTATE GROUP
$ 1,595,000
Est. payment | /mo

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$ 1,595,000
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Sub Type MultiFamily

Listing Status Active

Purchase Type For Sale

MLS Listing ID 924529

HOA Y/N No

Year Built 1906

Annual Tax Amount $16,922

Acres 0.08

Lot Dimensions 30 x 140

Property Sub-Type MultiFamily

Source Roanoke Valley Association of REALTORS®

Property Description

135 W Salem Avenue is an investment opportunity in the heart of Downtown Roanoke. This 10-unit mixed-use asset combines historic Roanoke character with modern livability, offering investors both stability and upside.

The property features ground-floor commercial space positioned for strong visibility on the corner of Salem Ave and 2nd Street. Above the commercial space are nine residential units served by an elevator.

135 W Salem delivers immediate and diversified cash flow, supported by a mix of long-term residents and short-term executive tenants. The short-term units cater primarily to executive and traveling healthcare professionals. a tenant base that continues to grow alongside Roanoke's expanding medical and technology sectors.

Location

State VA

County City Of Roanoke

Area 0.08

Zoning D

Direction Located on Salem Ave in Downtown Roanoke's CBD and a short drive from I-581

Interior

Heating Electric Heat Pump, Forced Air - Electric

Cooling Central Air

Fireplace No

Exterior

Garage No

Building

Sewer Public Sewer

Water Public

New Construction No

Schools

Elementary Schools Highland Park

Middle Schools James Madison

High Schools William Fleming

Others

Tax ID 1010404

MLS of Roanoke Valley, Inc. (RVAR) - IDX

Nearby Locations

Robert Lindamood

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(540) 300-5508

robertlindamoodrealtor@gmail.com

937 Old Court Lane , Roanoke, VIRGINIA, 24015, Roanoke, Virginia, 24015, USA

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135 Salem SW AVE