420 Front AVE, Salem, VA 24153
$267,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
3,485
Status:
Active
Current Price:
$267,000
List Date:
9/10/2026
Last Modified:
9/10/2026
Listing Details MLS# 931240
Location, Tax & Legal
- Area
- 0300 - City of Salem
- Street Number
- 420
- Street Name
- Front
- Street Suffix
- AVE
- State/Province
- VA
- Zip Code
- 24153
- Subdivision
- N/A
- Municipality
- City of Salem
- Elementary School
- South Salem
- Middle School
- Andrew Lewis
- High School
- Salem High
- Major Area
- 03 - City of Salem
- Phase
- 0
- Lot
- 18
- Block
- No
- Tax ID
- 216-1-1
- Annual Taxes
- 2511
- Section
- 17
- POA Y/N
- No
General Property Description
- Multi-Family Type
- Duplex
- Construction Status
- Completed
- Year Built
- 1925
- Number of Units
- 2
- # Unfurnished
- 2
- # Leased Units
- 2
- Gross Bldg SQFT
- 2242
- Total Acreage
- 0.08
- Basement Y/N
- No
- Parking Description
- Private (1 - 9)
- Operating Expense
- 5666.83
- Net Operating Income
- 22665
- Gross Income
- 16998.17
- Water Class
- N/A
- # Furnished
- 0
Remarks & Misc
- Public Remarks
- Don't miss this well-maintained 1925 duplex offering the opportunity to live in one apartment and rent out the other and also immediate income for the savvy investor Ideally situated in the City of Salem, this 2,242 sq. ft. property features two spacious 2 bedroom, 1 bath units 1,178 sq. ft. and 1,066 sq. ft. both currently occupied delivering steady rental income from day one. Each unit comes equipped with a refrigerator, electric range, and additional appliances (range hood/dishwasher in one unit, built-in microwave in the other), along with the comfort of central air and heat pump heating. Tenants are responsible for their own electric and water usage, helping keep ownership costs low, and the property benefits from public water and sewer service. Conveniently located in Salem, this property offers tenants and future owners alike quick access to LewisGale Medical Center and the Salem VA Medical Center, along with Carilion Roanoke Memorial Hospital just minutes away in nearby Roanoke. Outdoor enthusiasts will love the proximity to hiking and biking trails, greenways, and the Roanoke River, plus easy access to the Blue Ridge Parkway and Appalachian Mountains. Salem's walkable, historic downtown offers local restaurants, breweries, and shops, while nearby Roanoke adds museums, arts, and additional urban amenities. This is a low-maintenance addition to any rental portfolio. Conveniently located near South Salem Elementary, Andrew Lewis Middle, and Salem High School.
- Directions
- From Main St turn onto 4th St, to Right onto Eddy Ave, to Left onto Front Ave.
Limited Service
- Not Limited Service
- Yes
Construction
- Aluminum
- Yes
- Vinyl
- Yes
More Information
Basement
- Crawl Space
- Yes
Heating
- Heat Pump Electric
- Yes
Misc Features
- Current Lease
- Yes
Cooling
- Central Air
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Lease Type
- One Year
- Yes
- Month To Month
- Yes
Owner Expenses
- Lawn Care
- Yes
- Management Fee
- Yes
Interior Features
- Ceiling Fan(s)
- Yes
- Storage
- Yes
Tenant Expenses
- Electricity
- Yes
- Sewer
- Yes
- Water
- Yes
Property Features
Limited Service:
Not Limited Service
Construction:
Aluminum; Vinyl
Basement:
Crawl Space
Heating:
Heat Pump Electric
Cooling:
Central Air
Water Description:
Public
Sewer Description:
Public Sewer
Lease Type:
One Year; Month To Month
Owner Expenses:
Lawn Care; Management Fee
Interior Features:
Ceiling Fan(s); Storage
Misc Features:
Current Lease
Tenant Expenses:
Electricity; Sewer; Water
Listing Office:
MAC WESTLAND REAL ESTATE GROUP
Last Updated: September - 10 - 2026
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.
