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: 10/16/2026

Overview

Description

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 Roan ... (Read more)

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

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: 16998.17
Gross Income: 22665
Water Class: N/A

More Information

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: October - 16 - 2026

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420 Front AVE, Salem, VA 24153 (MLS# 931240)