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Sold on 11/03/2021

221 Richfield Ave, Salem, VA 24153

  • $479,000

    Last sold 11/03/2021 for $380K

  • —

    bed

  • —

    bath

  • 4,608

    Sqft ($82/Sqft)

Multi-family not for sale
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About 221 Richfield Ave

Property type Multi-family
Neighborhood
Year built 1937
HOA fee $0/month
Lot size 0.25 Acre
Movoto estimate
Rental estimate $1,026/Month
Property description
This is not your average investment multi-plex. The long time owner has maintained the property meticulously. Fabulous location walking distance to downtown Salem in a quaint residential neighborhood. Apt 1 is two stories and features 3 bedrooms, 2.5 baths, large living room and dining room. Apt 2 is also two stories, 2 bedrooms, 1 bath. Apts 3 & 4 are terrace level units with 1 bedroom & 1 bath each. 1 & 2 have central air, 3 &4 have window units/baseboard heat. 4 separate electrical & gas meters (only 1 & 2 have gas), but all on the same water/sewer. Each unit has private back porch/patio. 4 parking spaces plus street parking. Lots of charm in this 1937 home including hardwood floors in main unit. All units are currently occupied with proven tenants.
Listed by
Listing Agent - AMBER MASON
Listing Office - KELLER WILLIAMS REALTY ROANOKE
Source: Roanoke Valley AOR mls logo
MLS#884134 • last updated 1 year ago
Movoto checked Roanoke Valley AOR for data 6 minutes ago
Overview
Cooling/AC Central Cooling, Window A/C
Heating Baseboard Electric, Forced Air Gas, Heat Pump Electric
Finished SqFt 4608
SubType Quad
MLS # 884134
Lot Size (Acres) 0.25
Status Closed
Property Tax 2780
Construction Status Completed
Year Built 1937
Interior
Basement Full Basement
Interior Features Ceiling Fan, Walk-in-Closet
Exterior
Construction Vinyl, Wood
Covered Spaces Desc Private (1 - 9)
Uncovered Parking Desc Converted
# Uncovered Spaces 4
Amenities / Utilities
Water Public Water
Sewer/ Septic Public Sewer
Misc Features Walk To School
Location
Views City, Sunset
Area 300 - City Of Salem
High School Salem High
Middle School Andrew Lewis
Elementary School G. W. Carver
Zoning RSF
APN 120-8-05
Directions From Downtown Salem, Take Thompson Memorial Dr Towards College Ave, Take First Left Onto Richfield Ave. Home Is On The Corner Of Richfield Ave And Toby Alley. Park On Richfield Or Spaces On Toby Alley
Multifamily Details
Tenant Expenses Electricity, Gas
Owner Expenses Lawn Care, Sewer, Water
# Leased Units 4
# Unfurnished Units 4

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Nearby homes for sale in Salem, VA

  • Real Estate
  • VA
  • Salem County
  • Salem
  • 24153
  • 221 Richfield Ave
$479K
Range: $383K-$574K
Last 30 days 
Rental est.: $1,026/month
Gross rent multiplier: 28.4

Nearby recently sold homes in Salem, VA

  • Nov 2021
    mls logo MLS # 884134
  • Nov 3, 2021 Sold
    $380,000 (+8.6%)
  • Oct 5, 2021 Pending
    —
  • Sep 28, 2021 Listed
    $350,000
  • 221 Richfield Ave
    $380K
  • N/a
    —
  • 24153
    $402K +3% y/y
  • Salem
    $402K +3% y/y
No chart available
Statistics calculated by Movoto
5/10
G.W. Carver Elementary School
public Grades PK, K-5
Salem City Public Schools
5/10
Andrew Lewis Middle School
public Grades 6-8
Salem City Public Schools
7/10
Salem High School
public Grades 9-12
Salem City Public Schools
Source: GreatSchools.org © 2026. All rights reserved.
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