This beautifully renovated duplex in the heart of Salem offers modern updates throughout, providing an ideal investment opportunity in a prime area. Each unit features 2 bedrooms and 1 bath, perfect for tenants or owner-occupants alike. Located within walking distance to downtown Salem, Roanoke College, the Salem Civic Center, and Salem Red Sox stadium, this property ensures convenient access to local amenities and entertainment. Perfect for generating passive income in a desirable area. Schedule your showing today!
Sold for $315,000
$315,000
623 S Colorado St, Salem, VA 24153
--beds
--baths
2,146sqft
Multi Family
Built in 1985
-- sqft lot
$328,100 Zestimate®
$147/sqft
$1,388 Estimated rent
Home value
$328,100
Estimated sales range
Not available
$1,388/mo
Zestimate® history
Owner options
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$1,388/mo
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$1,388/mo
Rent Zestimate®
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$1,914/mo
Est. payment
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$1,914/mo
Est. payment
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List your homeWhat's special
Modern updatesRenovated duplex
Zillow last checked:
Listing updated:
Listed by:
KATY COOKSTON 540-520-8402,
KELLER WILLIAMS REALTY ROANOKE
Bought with:
TONI GRAVELY, 0225205494
KELLER WILLIAMS REALTY ROANOKE
Source: RVAR,MLS#: 912175
Facts & features
Interior
Heating
- Heat Pump Electric
Cooling
- Central Air
Features
- Has basement: No
Interior area
- Total structure area: 2,146
- Total interior livable area: 2,146 sqft
Property
Parking
- Parking features: Private (1 - 9)
Lot
- Size: 6,098 sqft
Details
- Parcel number: 160811.1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- Completed
- Year built: 1985
Utilities & green energy
- Electric: 0 Phase
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Salem
- Subdivision: N/A
Price history
| Date | Event | Price |
|---|---|---|
| 1/8/2025 | Sold | $315,000-10%$147/sqft |
Source:  RVAR #912175 Report a problem | ||
| 11/23/2024 | Pending sale | $350,000$163/sqft |
Source: RVAR #912175 Report a problem | ||
| 11/8/2024 | Listed for sale | $350,000$163/sqft |
Source: RVAR #912175 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,502 +7.3% | $212,000 +9.1% |
| 2024 | $2,332 +12.6% | $194,300 +12.6% |
| 2023 | $2,071 +4.5% | $172,600 +4.5% |
| 2022 | $1,982 +4% | $165,200 +4% |
| 2021 | $1,906 +6.1% | $158,800 +6.1% |
| 2020 | $1,795 +7% | $149,600 +5.2% |
| 2019 | $1,678 +7% | $142,200 +7% |
| 2018 | $1,568 | $132,900 |
| 2017 | $1,568 +0.2% | $132,900 +0.2% |
| 2016 | $1,565 +4.5% | $132,600 +4.5% |
| 2015 | $1,497 | $126,900 |
| 2014 | $1,497 | $126,900 |
| 2012 | -- | $126,900 |
| 2011 | -- | $126,900 |
| 2010 | -- | $126,900 |
| 2008 | -- | -- |
| 2007 | -- | -- |
| 2006 | -- | -- |
| 2005 | -- | -- |
| 2004 | -- | -- |
| 2003 | -- | -- |
| 2002 | -- | $82,400 |
| 2001 | -- | $82,400 |
Find assessor info on the county website
Neighborhood: 24153
Nearby schools
GreatSchools rating
- 8/10G.W. Carver Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 7/10Andrew Lewis Middle SchoolGrades: 6-8Distance: 0.1 mi
- 7/10Salem High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: G. W. Carver
- 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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$328,100
2% more
+$6,562
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$334,662
- Virginia
- Salem City
- Salem
- 24153
- 623 S Colorado St
Nearby cities
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