Residential Income

Salem County, VA Residential Income Properties for Sale

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Brick Duplex with Basements
Updated: Aug 26
Brick Duplex with Basements

3645 Oaklawn Ave NW, Roanoke, VA 24019

$335,000
0.28 AC lot
Two‑unit brick duplex built in 1964
Both units are fully rented
Each unit has 2 bedrooms and 1 full bathroom
Central air conditioning and forced‑air natural gas heat
Basements include finished space, laundry areas, and storage
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Single-Level Duplex with Fenced Yard
Updated: Jul 24
Single-Level Duplex with Fenced Yard

126 & 128 Troy Ave NE, Roanoke, VA 24012

$210,000
0.24 AC lot
Two single‑level residences configured as a side‑by‑side duplex
0.24‑acre lot with a flat, mostly fenced yard
Built in 1946 with vinyl siding
Pull‑down attic at 126 Troy Ave NE provides additional storage
Electric baseboard heating
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Corner-Lot Triplex
Corner-Lot Triplex

434 Allison Ave SW, Roanoke, VA 24016

$324,950
0.15 AC lot

Fully leased multifamily property with historic character, professional management, shared laundry, and covered porches.

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Renovated Quadplex with Upscale Finishes
Renovated Quadplex with Upscale Finishes

819 Campbell Avenue Southwest, Roanoke, VA 24016

$675,998
5,227 sqft

Renovated multifamily property with spa-style bathrooms, updated systems, and flexible residential or short-term rental use potential.

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Updated Duplex with Porches
Updated Duplex with Porches

1202 Melrose Ave NW, Roanoke, VA 24017

$172,450
0.17 AC lot

Two-unit property with separate laundry hookups, attic and basement storage, and a level rear lawn.

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Furnished Duplex Near Medical Corridor
Furnished Duplex Near Medical Corridor

350 Mountain Ave SW, Roanoke, VA 24016

$315,000
0.10 AC lot

Two residential units support both annual leasing and short-term rental use, with furnishings included in the sale.

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Short-Term Rental Property with Two Units
Short-Term Rental Property with Two Units

109 Campbell Ave SW, Roanoke, VA 24011

$1,850,000
0.05 AC lot

Extensively updated short-term rental property with brick construction, a rubber roof, and two dwelling units.

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Two-Unit Duplex with Off-Street Parking
Two-Unit Duplex with Off-Street Parking

515 Albemarle Avenue Southeast, Roanoke, VA 24013

$179,950
888 sqft

Two-unit duplex with off-street parking and washer/dryer hookups in each unit.

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Zoned C-2 Residential Income Property
Zoned C-2 Residential Income Property

2925-2941 Leslie Ln, Roanoke, VA 24018

$850,000
2.11 AC lot

Two residential brick structures are included on Leslie Lane, zoned C-2, with septic and well.

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Three-Bedroom Duplex with Parking
Three-Bedroom Duplex with Parking

515 Albemarle Ave SE, Roanoke, VA 24013

$179,950
0.14 AC lot

Two residential units offer individual laundry hookups, updated flooring, and a handicap-accessible shower in the entry-level unit.

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Historic Duplex with Wraparound Porch
Historic Duplex with Wraparound Porch

430 Day Avenue Southwest, Roanoke, VA 24016

$435,000
1,444 sqft

One apartment is leased while the other is available, offering flexible occupancy for an income-producing residential property.

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Brick Duplex with Fenced Yard
Brick Duplex with Fenced Yard

3228 Greenland Ave NW, Roanoke, VA 24012

$199,000
0.15 AC lot

Two residences provide distinct layouts, storage areas, and access to a fenced rear yard.

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Two-Unit Mixed-Use Building
Two-Unit Mixed-Use Building

22 Campbell Ave SE, Roanoke, VA 24011

$799,000
0.05 AC lot

Brick building combines street-level retail with an updated residential floor.

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12-Unit Apartment Building
12-Unit Apartment Building

4622 Grandin Road Southwest, Roanoke, VA 24018

$1,795,000
44,866 sqft

Brick construction, two-bedroom layouts, and central air define this 1977 multifamily asset in Roanoke’s Southwest corridor.

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Brick Duplex with Two Units
Brick Duplex with Two Units

1228 Wasena Ave SW, Roanoke, VA 24015

$299,000
0.14 AC lot

Two residences share basement laundry and feature new hot water heaters and dishwashers.

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Updated Duplex with Private Deck
Updated Duplex with Private Deck

2502 WESTOVER Ave SW, Roanoke, VA 24015

$349,950

Updated duplex configured with a basement apartment and separate side entrance, plus central air and ductless systems.

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Duplex With One Vacant Unit
Duplex With One Vacant Unit

2414 Delaware Avenue Northwest, Roanoke, VA 24017

$193,200
10,018 sqft

Two-unit residential property with one occupied apartment and one currently vacant unit.

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Historic Brick Duplex with Porches
Historic Brick Duplex with Porches

376 Allison Ave SW, Roanoke, VA 24016

$355,000
0.15 AC lot

Historic brick duplex featuring spacious units, front porches, a back deck, and public utilities.

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Duplex with Two Units
Duplex with Two Units

1228 Wasena Avenue Southwest, Roanoke, VA 24015

$299,000
840 sqft

Brick duplex with shared basement laundry, central air, and alley access near Wasena Park and the Roanoke River Greenway.

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Renovated Duplex with Parking
Renovated Duplex with Parking

1210 13th ST, Roanoke, VA 24017

$194,950
0.19 AC lot

Two residential units feature an occupied upper level and refreshed finishes in the lower residence.

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Stabilized Brick 12-Unit Multifamily
Stabilized Brick 12-Unit Multifamily

1712 Grandin Rd SW, Roanoke, VA 24015

Contact for pricing
10,656 sqft

Stabilized 12-unit multifamily with current NOI of $87,176 and a stated path to $129,520.

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Duplex With Fenced Yard
Duplex With Fenced Yard

1614 Rorer Ave SW, Roanoke, VA 24016

$174,950

Income-producing duplex with updated exterior finishes, hardwood flooring, private outdoor space, and off-street parking.

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8-Unit Apartment Building
8-Unit Apartment Building

813 FERDINAND AVE SW, Roanoke, VA 24016

Contact for pricing
6,568 sqft

Eight one-bedroom residences offer a consistent unit layout with shared coin-operated laundry equipment.

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Occupied Duplex with Gas Heat
Occupied Duplex with Gas Heat

414 Harrison Avenue Northwest, Roanoke, VA 24016

$169,030
4,356 sqft

Two-unit residential property with current occupancy and a combination of fixed-term and month-to-month tenancy.

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Salem County, VA Residential Income Properties Market Trends and Statistics

Explore 44 residential income properties for sale in Salem County, VA, showcased through 44 active listings on our real estate platform. These investment opportunities span a total of 231,499 square feet of properties for sale, with an estimated market value of $17,825,772.

Sale prices for residential income properties in Salem County, VA start at $126,491, averaging $469,099, and reaching up to $1,995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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