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Occupied Two-Unit Duplex
For Sale
$267,000

420 Front Ave, Salem, VA 24153

Well-maintained income property with two separately occupied apartments and individually metered tenant utilities.

Property SizeContact for details
Days on Market56

Property Features for 420 Front Ave

General Information

Standard status Active
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $2,511
Listing Agency: MAC WESTLAND REAL ESTATE GROUP
Listed By: MCLAREN GARTH WESTLAND
Source: Exprealty
Added: Sep 10 Changed: Oct 26 Last Checked: Nov 3 at 8:57AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of MAC WESTLAND REAL ESTATE GROUP

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Investment Insights

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Built in 1925, this 2,242-square-foot duplex contains two occupied apartments, each with 2 bedrooms and 1 bath. The units measure 1,178 square feet and 1,066 square feet, providing a balanced two-unit configuration for an owner-occupant or rental operator. Both apartments include a refrigerator and electric range, with additional appliance packages that include a range hood and dishwasher in one unit and a built-in microwave in the other. Central air and heat-pump heating serve the property.

Public water and sewer support the building, while tenants pay their own electric and water usage. The property is in Salem near LewisGale Medical Center and Salem VA Medical Center, with Carilion Roanoke Memorial Hospital in nearby Roanoke. Downtown Salem, area trails and greenways, the Roanoke River, Blue Ridge Parkway, and Appalachian Mountains are also identified as nearby amenities.

Key Highlights

  • 2,242‑square‑foot duplex built in 1925
  • Two occupied 2‑bedroom, 1‑bath apartments measuring 1,178 sq. ft. and 1,066 sq. ft.
  • Central air and heat‑pump heating in both units

Property Analytics

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Location Intelligence

Trade Area within ½ mile

450
Businesses Nearby

Demographics for 24153, VA

38,728
Population
16,387
Households
2.4
Avg Household Size
44
Median Age
30%
College-Educated
94%
High-School Grad
101.2 sq mi
ZIP Area
383
Density / Sq Mi
$72,691
Median Household Income
$39,851
Median Earnings
$1,058
Median Rent
$251,400
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Well-maintained income property with two separately occupied apartments and individually metered tenant utilities.
Where is this duplex located?
The property is located at 420 Front Ave Salem, VA.
What is the asking price?
The asking price for this property is $267,000.
What are key features of this property?
This property features: 2,242‑square‑foot duplex built in 1925; Two occupied 2‑bedroom, 1‑bath apartments measuring 1,178 sq. ft. and 1,066 sq. ft.; Central air and heat‑pump heating in both units
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