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Sold on 09/03/2019

401 Front Ave, Salem, VA 24153

$215,000

Last sold 09/03/2019 for $110K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 401 Front Ave

Property type Multi-family
Neighborhood
Year built 1920
HOA fee $0/month
Lot size 0.33 Acre
Movoto estimate
Rental estimate
Property description
Investment opportunity in Salem. Great location, convenient access to the Roanoke River Greenway. New roof and HVAC in 2014. Two BR unit currently leased for $795.00/month. One BR unit currently leased for $560.00 / per month.
Listed by
Listing Agent - JEN MCDANIEL KOLL
Listing Office - BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS® - MAIN
Source: Roanoke Valley AOR mls logo
MLS#860872 • last updated 2 years ago
Movoto checked Roanoke Valley AOR for data 4 minutes ago
Overview
Cooling/AC Heat Pump Electric
Heating Heat Pump Electric
MLS # 860872
Type Residential Income
Status Closed
SubType Duplex
Lot Size (SqFt) 14374.8
Lot Size (Acres) 0.33
Property Tax 1330
Year Built 1920
Interior
Exterior
Construction Vinyl Siding
Amenities / Utilities
Sewer/Septic Public Sewer
Water Source Public
Location
County City Of Salem
Elementary School South Salem
Middle School Andrew Lewis
High School Salem High
APN 217-1-4
Directions South On Colorado To Right On Front.
$215K
Range: $152K-$277K
Last 30 days 
Rental est.: $1,740/month
Gross rent multiplier: 5.3 - Great
  • Sep 2024
    mls logo MLS # 810403
  • Sep 15, 2024 Sold
    $110,000 (+118.5%)
  • Dec 18, 2014 Listed
    $119,950 (+110.4%)
  • Sep 2024
    mls logo MLS # 799695
  • Sep 14, 2024 Sold
    $50,350 (-58.0%)
  • Jan 9, 2014 Listed
    $57,000
  • Year Property taxes Tax assessment
  • 2025
    $1,060 +6.6%
    $179,600 +8.39%
  • 2024
    $994 -42.9%
    $165,700 +14.2%
  • 2023
    $1,741 +10.8%
    $145,100 +10.76%
  • 2022
    $1,572 +3.2%
    $131,000 +3.23%
  • 2021
    $1,523 +10.1%
    $126,900 +10.06%
  • 2020
    $1,384 +104.6%
    $115,300 +2.31%
  • 2019
    $676 -48.9%
    $112,700 +0.54%
  • 2018
    $1,323 +1.2%
    $112,100 +1.17%
  • 2017
    $1,307 +0.8%
    $110,800 +0.82%
  • 2016
    $1,297 +11.3%
    $109,900
  • 2014
    $1,165
    —
  • 401 Front Ave
    $110K
  • N/a
    —
  • 24153
    $389K -4% y/y
  • Salem
    $389K -4% y/y
No chart available
Statistics calculated by Movoto

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8/10
South Salem 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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