Movoto Real Estate
Sold on 08/04/2025

205 S College Ave, Salem, VA 24153

  • $965,000

    Last sold 08/04/2025 after 104 Days

  • bed

  • bath

  • 0.31

    Acre ($3.11M/Acre)

Lot/Land not for sale
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About 205 S College Ave

Property type Lot/Land
Neighborhood
Year built 1890
HOA fee $0/month
Lot size 0.31 Acre
Property description
Located near the intersection of Main St. and College Ave, our 1890 commercial building is a historic and unique place with a style all its own - featuring two top floor, 3-bedroom suites and two ground level retail/office spaces. Most furnishings shall pass with the sale including all linens, towels, boutique hotel supplies, beds, furnishings, etc. Some personal art and furnishings not to pass. Secure electronic key code access to residential spaces which is currently operated as a two-suite boutique hotel. This 2-story, walk up home boasts high ceilings and hardwood floors some carpeting in one master suite which includes a full bath and dedicated office with ample closet space. The 2nd bedrooms contain a king-size bed overlooking South College Ave and is connected to the
Listed by
Listing Agent - JASON NOEL FOUNTAIN
Listing Office - VRC PROPERTIES LLC
Source: Roanoke Valley AOR mls logo
MLS#916453 • last updated 3 months ago
Movoto checked Roanoke Valley AOR for data 11 minutes ago
Overview
Cooling/AC Central Air
Heating Forced Air Gas, Heat Pump Electric
Finished SqFt 7000
SubType Other - See Remarks
MLS # 916453
Lot Size (Acres) 0.31
Status Closed
Property Tax 4279
Construction Status Completed
Year Built 1890
Interior
Interior Features Bookcases, Ceiling Fan(s), Other - See Remarks, Walk-In Closet(s)
Exterior
Construction Brick
Covered Spaces Desc Private (10 Or More)
Uncovered Parking Desc Built-As
# Uncovered Spaces 4
Amenities / Utilities
Water Public
Sewer/ Septic Public Sewer
Misc Features Wireless Internet
Location
Views City
Area 300 - City Of Salem
High School Salem High
Middle School Andrew Lewis
Elementary School G. W. Carver
Zoning TBD
APN 121-12-3
Directions As You Drive South On S. College Away From The Entrance To Roanoke College The Building Will Be On Your Right.
Multifamily Details
Tenant Expenses None
Owner Expenses Management Fee, Other - See Remarks, Water
# Leased Units 4
# Furnished Units 2
# Unfurnished Units 2
Expenses: Tax 4279
Expenses: Gas 1500
Expenses: Electricity 2750
Expenses: Other 14000
Expenses: Insurance 7200
Expenses: Water 2250
Expenses: Maintenance 8000
  • Aug 2025
    mls logo MLS # 916453
  • Aug 11, 2025 Sold
    $965,000 (-3.0%)
  • Apr 30, 2025 Pending
  • Apr 21, 2025 Listed
    $995,000 (+136.9%)
  • Jul 2021
    Public Records
  • Jul 30, 2021 Sold
    $420,000
  • 205 S College Ave
    $965K
  • Downtown Salem
    $214K
  • 24153
    $394K +3% y/y
  • Salem
    $394K +3% y/y
No chart available
Statistics calculated by Movoto

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5/10
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7/10
Source: GreatSchools.org © 2026. All rights reserved.

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