Under contract
135 Salem Ave SW
Roanoke, VA 24011
$1,595,000, Reduced $200,000
- 0.08acres
- 1906built
Listed by Poe & Cronk Real Estate Group
About this home.
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.
Facts and features.
The home
- Type
- Condo (Apartment)
Outside and lot
- Zoning
- D
Utilities
- Heating
- Heat Pump Electric, Forced Air Electric
- Cooling
- Central Air
- Water source
- Public
Community
- HOA dues
- None
- County
- City Of Roanoke County
The listing
- Source
- Roanoke Valley Association of REALTORS® MLS #924529
Price and status history.
141
days on market
| Date | Event | Price |
|---|---|---|
| Jun 29, 2026 | Under contract | $1,595,000 |
| Feb 9, 2026 | Listed for sale | $1,795,000 |
Location.
135 Salem Ave SW, Roanoke, VA 24011
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Listing information
Listing courtesy of Poe & Cronk Real Estate Group.
Displayed by GRAVITY Real Estate Group.
Information last updated .
Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed and should be independently verified. Listings are courtesy of the listing brokerage shown with each property.
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