$325,000

1624& 1626 E Riverside Dr Salem, VA 24153

Estimated payment $1,873/month

Total Views 286
-- Bed
-- Bath
2,100 Sq Ft
$155 Price per Sq Ft

Highlights

  • River View
  • No HOA
  • Baseboard Heating
  • Salem High School Rated A-
  • Google Fiber
  • Laundry Facilities

About This Home

Premier Cash-Flow Duplex in Exclusive Orchard Court-100% Occupied, Seize this rare income-generating opportunity-the only one of its kind in this highly sought after single family neighborhood. This side-by-side duplex delivers immediate rental income with two long-term, month-to-month tenants already in place, offering maximum flexibility for rent increases or future owner-occupancy. Proven Rental Profermance & Upside Potential! Current rents provide stable cash flow; market comps support $1,500+/unit. Zero vacancy risk-both units consistently leased to reliable, long term tenants. Month-to-month leases allow instant rent optimization or seamless transition. Exclusive covered parking+private storage in one, and in unit laundry hookups in both. Abundant off street parking.

Listing Agent

Brenda Bratt

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225200886 Listed on: 11/11/2025

Co-Listing Agent

Irene May

WAINWRIGHT & CO., REALTORS(r)- LAKE License #0225228341

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,958

Year Built

  • Built in 1970

Lot Details

  • 0.52 Acre Lot

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 2,100 Sq Ft Home
  • River Views

Schools

  • East Salem Elementary School
  • Andrew Lewis Middle School
  • Salem High School

Utilities

  • Baseboard Heating
  • Electric Water Heater
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 8 Pt. 8 / 5

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Orchard Court Subdivision

Amenities

  • Laundry Facilities
  • Google Fiber

Building Details

  • 2 Leased Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,958

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Interior Features: Ceiling Fan(s)
  • Heating System: Baseboard Electric
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: Window Unit(s)
  • Views: River
  • CondoAssocYN: No
  • Internet Access: Fiber
  • InternetAccessCurntInternetProv: GloFIber
  • Major Area: 03 - City of Salem
  • MiscellaneousInfoPublicTransport: Yes
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public
  • Water Heater Type: Tank

Association/Amenities

  • Misc Features: Laundry Facility, Other - See Remarks

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.52
  • Lot: 8 Pt. 8
  • Present Use: Built-As

Building Info

  • Year Built: 1970

Tax Info

  • Taxes (6 mo): 1958.00

Multi Family

  • Lease Type: Month To Month
  • Tenant Pays: All Utilities
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: East Salem
  • HighSchool: Salem High
  • Middle School: Andrew Lewis

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/11/2025 11/11/25 For Sale $325,000 -- $155 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

About the Listing Agent

Brenda Bratt
Brenda Bratt

WAINWRIGHT & CO., REALTORS(r)- LAKE

(540) 590-5971

Section Image

Brenda is known for her warm, approachable nature and her unwavering dedication to her clients. She has a natural ability to connect with people—never meeting a stranger—and brings that same energy and care into every real estate transaction. As a Realtor, Brenda thrives on being an advocate for others, ensuring her clients feel supported and well taken care of throughout the entire process. Her goal is to make buying or selling a home as easy and stress-free as possible, so her clients can

View Brenda's Profile

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Source: Roanoke Valley Association of REALTORS®

MLS Number: 922631

Roanoke Valley Association of REALTORS®
Virginia Salem City County Salem 24153

1624& 1626 E Riverside Dr, Salem, VA

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Roanoke Valley Association of REALTORS® 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.

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Brenda Bratt
Brenda Bratt
Listing Agent Section Image
WAINWRIGHT & CO., REALTORS(r)- LAKE
(540) 590-5971