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135 Salem Ave Sw, Roanoke, VA 24011

Roanoke
Local realty services provided by:CENTURY 21 Wampler Realty
135 Salem Ave Sw,Roanoke, VA 24011
$1,795,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: stephen maxwell pendergrass i i
Office: poe & cronk real estate group
MLS#:924529
Source:VA_RVAR

Price summary

  • Price:$1,795,000

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
  • Listing ID #:924529
  • Added:54 day(s) ago
  • Updated:April 04, 2026 at 02:36 PM

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:$1,795,000
  • Tax amount:$16,922

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