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Salem, VA Multifamily Home for Sale

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    $329,417

    • 3,164 Sq Ft

    1926 E Main St Unit & 1928, Salem, VA 24153

    1926 has 5 units all 1 bd & 1 bath : #1 Vacant, #2 rented $560 M-T-M, #3 Vacant, #4 Vacant, #5 rented $640 lease ends 1/14/25,1928 E. Main has 1 rented $ 670, lease ends 4/11/25 1 bd, 1 bath. property will be shown by appointment on Wednesday, September 25th. Text LA to schedule.

    Courtnee Bishop MKB, REALTORS(r)

    1926 E Main St Unit & 1928, Salem, VA 24153

Why Live in Salem

Salem, Virginia, is a small city of 25,000 residents located in the Roanoke Valley, offering scenic mountain views and a suburban lifestyle. As the county seat of Roanoke County, Salem hosts several government buildings, including the courthouse complex and sheriff's office. The city is home to Roanoke College, a private liberal arts school with Neoclassical and Greek Revival architecture, which serves as a major employer and community hub. Salem City Schools are highly rated, contributing to the area's appeal for families. Outdoor activities abound with numerous national forests and trail systems nearby, including the Roanoke River Greenway and Lake Springs Park. Longwood Park, the largest in the city, features playgrounds, picnic areas, and an amphitheater hosting events like the Pickin’ in the Park festival. Sports enthusiasts can enjoy golfing at Salem Municipal Golf Course and Hidden Valley Country Club, or catch a Salem Red Sox game at Salem Memorial Ballpark. The James E. Taliaferro Sports and Entertainment Complex includes the Salem Football Stadium and Salem Civic Center. Housing options range from stately Victorians and Colonial Revivals near City Hall to newer constructions with large yards and mountain views. Downtown Salem's Main Street offers boutiques, antique stores, and the Salem Farmers Market, while shopping plazas like Spartan Square and Lakeside Plaza provide additional amenities. Interstate 81 and U.S. Route 11 facilitate commutes to nearby towns, and Valley Metro offers bus service to surrounding communities. The Roanoke-Blacksburg Regional Airport is about 9 miles away, providing convenient air travel options.

Home Trends in Salem, VA

Housing Trends

Median Sale Price
$432,726
Median Single Family Sale Price
$455,000
Median Townhouse Sale Price
$277,000
Average Price Per Sq Ft
$212
Number of Homes for Sale
15
Last 12 months Home Sales
80
Months of Supply
2.30
Median List Price
$440,725
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
8%
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