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$1,795,000
135 Salem AVE
Roanoke, VA 24011
103 days on market
Property Type
Residential Income
Year Built
1906
Lot Size
0.08 acres
Garage
—
About This Property
135 W Salem Avenue is an investment opportunity in the heart of Downtown Roanoke. This 10-unit mixed-use asset combines historic Roanoke character with modern livability, offering investors both stability and upside.
The property features ground-floor commercial space positioned for strong visibility on the corner of Salem Ave and 2nd Street. Above the commercial space are nine residential units served by an elevator.
135 W Salem delivers immediate and diversified cash flow, supported by a mix of long-term residents and short-term executive tenants. The short-term units cater primarily to executive and traveling healthcare professionals. a tenant base that continues to grow alongside Roanoke's expanding medical and technology sectors.
The property features ground-floor commercial space positioned for strong visibility on the corner of Salem Ave and 2nd Street. Above the commercial space are nine residential units served by an elevator.
135 W Salem delivers immediate and diversified cash flow, supported by a mix of long-term residents and short-term executive tenants. The short-term units cater primarily to executive and traveling healthcare professionals. a tenant base that continues to grow alongside Roanoke's expanding medical and technology sectors.
Property Details
Interior
Exterior & Lot
- Lot Size
- 0.08 acres
- Year Built
- 1906
Location
- Subdivision
- N/A
- County
- City of Roanoke
- ZIP Code
- 24011
Financial
- Listing Terms
- Annual Taxes
- $16,922
Utilities
- Utilities
- Sewer
- Public Sewer
Schools
- Elementary
- Highland Park
- Middle School
- James Madison
- High School
- William Fleming
Interior Features
Heating
Forced Air Electric, Heat Pump Electric
Cooling
Central Air
Location
Listing Information
- MLS #
- 924529
- Listing Agent
- STEPHEN MAXWELL PENDERGRASS I I
- Listing Office
- POE & CRONK REAL ESTATE GROUP
- Listed Date
- May 23, 2026
Contact Florenchine Velasquez About This Property
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