135 Salem Ave Sw, Roanoke, VA 24011
Local realty services provided by:CENTURY 21 Wampler Realty
135 Salem Ave Sw,Roanoke, VA 24011
$1,595,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: stephen maxwell pendergrass i i
Office: poe & cronk real estate group
MLS#:924529
Source:VA_RVAR
Price summary
- Price:$1,595,000
About this home
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.
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Home facts
- Year built:1906
- Subdivision & Development:N/A
- Listing ID #:924529
- Added:179 day(s) ago
- Updated:August 08, 2026 at 09:30 AM
Heating and cooling
- Heating:Forced Air Electric, Heat Pump Electric
Structure and exterior
- Year built:1906
- Lot area:0.08 Acres
- Construction Materials:Brick
Schools
- High school:William Fleming
- Middle school:James Madison
- Elementary school:Highland Park
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,595,000
- Tax amount:$16,922
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