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For sale
    • $1,999,750

    130-140 W Calhoun St, Salem, VA 24153

    4beds
    10,422sqft
    : 
    $12,493/mo
    Get pre-qualified
    Townhouse
    Built in 2023
    0.38 Acres Lot
    $-- Zestimate®
    $192/sqft
    $100/mo HOA

    What's special

    Additional community parkingDriveway parkingLaundry roomPella windowsFlex roomPrivate garage
    Excellent Turnkey Investment Opportunity - 5 Townhomes Fully Leased! Newer construction (2023) 4-bedroom, 4-bath townhome built by Alam Design Group. All 5 units are currently leased, offering investors the opportunity to acquire an established income-producing property with tenants already in place. Each townhome offers approximately 2,078 +/- finished square feet with four bedrooms, each featuring its own private ensuite bath. The main level includes a spacious living room, kitchen with stainless steel LG appliance package and island, flex room, laundry room, and one ensuite bedroom. The upper level features three additional ensuite bedrooms. Quality construction includes Pella windows, a 3-ton heat pump, Hardie board and brick exterior, and bathrooms with marble-look glossy ceramic tile surrounds. Each townhome includes a private garage, driveway parking, and additional community parking. HOA services include maintenance of the grounds, sidewalks, and parking areas. With all units leased, newer construction, four private bedroom suites per townhome, and low-maintenance ownership, this is an outstanding opportunity to add a turnkey rental property to an investment portfolio.
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    Zillow last checked:

    Listing updated:

    Listed by:

    TIM THOMPSON 540-353-7073,

    MKB, REALTORS® 540-989-4555

    Source: RVAR,MLS#: 930687MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Entry
      Bedroom 2
      • Level: Upper
      Bedroom 3
      • Level: Upper
      Bedroom 4
      • Level: Upper
      Dining area
      • Level: Entry
      Family room
      • Level: Entry
      Kitchen
      • Level: Entry
      Laundry
      • Level: Entry
      Living room
      • Level: Entry
      Heating
      • Heat Pump Electric
      Cooling
      • Central Air, Heat Pump Electric
      Appliances
      • Included: Microwave Oven (Built In)
      Features
      • Walk-In Closet(s)
      • Flooring: Luxury Vinyl Plank
      • Windows: Insulated Windows
      Interior area
      • Total structure area: 10,422
      • Total interior livable area: 10,422 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Paved Driveway, Garage Door Opener
      • Has garage: Yes
      • Covered spaces: 1
      • Has uncovered spaces: Yes
      • Details: Off Street Parking
      Features
      • Levels: Two
      • Stories: 2
      • Patio & porch: Front Porch, Covered Porch
      Lot
      • Size: 0.38 Acres
      • Features: Cleared, Level
      Details
      • Parcel number: 12291.1
      • Zoning: RMF

      Construction

      Type & style
      • Home type: Townhouse
      • Architectural style: Other
      • Property subtype: Townhouse
      Materials
      • Brick, HardiPlank Type
      • Foundation: Slab
      Condition
      • Year built: 2023

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Has HOA: Yes
      • HOA fee: $100 monthly
      Location
      • Region: Salem

      Financial & listing details

      • Price per square foot: $192/sqft
      • Annual tax amount: $22,882
      • Date on market: 8/24/2026
      • Cumulative days on market: 1 day

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/24/2026Listed for sale$1,999,750$192/sqft
        Source: RVAR #930687 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: 24153

        Getting around

        79 / 100
        Very Walkable
        59 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: West Salem
        • Middle: Andrew Lewis
        • High: Salem High

        Source: RVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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