130-140 W Calhoun ST, Salem, VA 24153
$1,999,750
Property Type:
Residential
Bedrooms:
4
Baths:
4
Square Footage:
10,422
Lot Size (sq. ft.):
16,553
Status:
Active
Current Price:
$1,999,750
List Date:
8/24/2026
Last Modified:
8/24/2026
Listing Details MLS# 930687
Location, Tax & Legal
- Area
- 0300 - City of Salem
- Street Number
- 130-140
- Street Direction Pfx
- W
- Street Name
- Calhoun
- Street Suffix
- ST
- State/Province
- VA
- Zip Code
- 24153
- Subdivision
- N/A
- Municipality
- City of Salem
- Elementary School
- West Salem
- Middle School
- Andrew Lewis
- High School
- Salem High
- Major Area
- 03 - City of Salem
- Phase
- 8
- Lot
- No
- Block
- No
- Tax ID
- 122-9-1.1
- Annual Taxes
- 22882.16
- Section
- No
- Zoning Code
- RMF
- POA Y/N
- Yes
- POA/Condo Dues
- 100
- POA/Condo Terms A/M
- Monthly
General Property Description
- Property Sub-Type
- Townhouse
- Residential Type
- Attached
- Construction Status
- Completed
- Year Built
- 2023
- Total Bdrm
- 4
- Total Bths
- 4
- Total F Baths
- 4
- Entry Above Grd Fin SQFT
- 5275
- Upper Above Grd Fin SQFT
- 5147
- Total Fnshd SqFt
- 10422
- Total Above Grd Fin SQFT
- 10422
- Grand Total Attached SQFT
- 10422
- Basement Y/N
- No
- Prim. Covered Prking
- Garage Attached
- # Prim Cov Spaces
- Yes
- Add'l Covered Prkng
- Garage Attached
- Uncovered Parking
- Off Street Parking
- Total Cov'd Prk Spc
- Yes
- Total Acreage
- 0.38
- Water Class
- N/A
- Other Above Grd Fin SQFT
- 0
- Total Unfin SQFT
- 0
Primary Bedrooms
- Primary BR Entry Lvl
- Yes
Bedrooms
- BR Entry Level
- Yes
- BR Upper Level
- 3
Full Baths
- Full Baths Entry Lvl
- Yes
- Full Baths Upper Lvl
- 3
More Information
Laundry
- Laundry Entry Level
- Yes
Remarks & Misc
- Public Remarks
- Excellent Turnkey Investment Opportunity - 5 Townhomes Fully Leased! Newer construction (2023) 4-bedroom, 4-bath townhome built by Alam Design Group. All 5 units are currently leased, offering investors the opportunity to acquire an established income-producing property with tenants already in place. Each townhome offers approximately 2,078 +/- finished square feet with four bedrooms, each featuring its own private ensuite bath. The main level includes a spacious living room, kitchen with stainless steel LG appliance package and island, flex room, laundry room, and one ensuite bedroom. The upper level features three additional ensuite bedrooms. Quality construction includes Pella windows, a 3-ton heat pump, Hardie board and brick exterior, and bathrooms with marble-look glossy ceramic tile surrounds. Each townhome includes a private garage, driveway parking, and additional community parking. HOA services include maintenance of the grounds, sidewalks, and parking areas. With all units leased, newer construction, four private bedroom suites per townhome, and low-maintenance ownership, this is an outstanding opportunity to add a turnkey rental property to an investment portfolio.
- Directions
- W Main St to Chestnut St. Townhomes on L.
Style of House
- 2 Story
- Yes
- Other - See Remarks
- Yes
Limited Service
- Not Limited Service
- Yes
Lot Description
- Cleared
- Yes
- Level
- Yes
Construction
- Brick
- Yes
- Hard Board
- Yes
Basement
- Slab
- Yes
Heating
- Heat Pump Electric
- Yes
Cooling
- Central Air
- Yes
- Heat Pump Electric
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Water Heater Type
- Tank
- Yes
Interior Features
- Breakfast Area
- Yes
- Walk-In Closet(s)
- Yes
Internet Access
- Cable
- Yes
Exterior Features
- Paved Driveway
- Yes
Porch
- Covered Porch
- Yes
- Front Porch
- Yes
Appliances
- Dishwasher
- Yes
- Disposer
- Yes
- Garage Door Opener
- Yes
- Microwave Oven (Built In)
- Yes
- Range Electric
- Yes
- Refrigerator
- Yes
Floors
- Luxury Vinyl Plank
- Yes
Windows
- Insulated
- Yes
Property Features
Style of House:
2 Story; Other - See Remarks
Limited Service:
Not Limited Service
Lot Description:
Cleared; Level
Construction:
Brick; Hard Board
Basement:
Slab
Heating:
Heat Pump Electric
Cooling:
Central Air; Heat Pump Electric
Interior Features:
Breakfast Area; Walk-In Closet(s)
Exterior Features:
Paved Driveway
Appliances:
Dishwasher; Disposer; Microwave Oven (Built In); Garage Door Opener; Refrigerator; Range Electric
Floors:
Luxury Vinyl Plank
Windows:
Insulated
Porch:
Covered Porch; Front Porch
Water Description:
Public
Sewer Description:
Public Sewer
Water Heater Type:
Tank
Internet Access:
Cable
Room Information
| Room Name | Level |
|---|---|
| Primary Bedroom | Entry |
| Bedroom 2 | Upper |
| Bedroom 3 | Upper |
| Bedroom 4 | Upper |
| Dining Area | Entry |
| Family Room | Entry |
| Kitchen | Entry |
| Laundry | Entry |
| Living Room | Entry |
Listing Office:
MKB, REALTORS®
Last Updated: August - 24 - 2026
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