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Tim Thompson
Licensed in the Commonwealth of Virginia
REALTOR®, CRS, GRI, ABR, SRES, e-PRO, AHWD, SRS
(540) 353-7073
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130-140 W Calhoun St , Salem, VA 24153

$1,999,750
  • 130-140 W Calhoun St , Salem, VA 24153 Main Photo

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Featured Listing New to the Market Active
BEDS4 BATHS4 full SQUARE FEET10,422 MLS#930687
STATUSActive PROPERTY TYPEResidential - Townhouse

Property Description

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.

130-140 W Calhoun St | MLS# 930687

This townhouse located at 130-140 W Calhoun St , Salem, VA 24153 is currently listed for sale by MKB, REALTORS(r), with an asking price of $1,999,750. This property was built in 2023 and has 4 bedrooms and 4 full baths with 10422 sq. ft. Search Salem real estate on www.timthompsonrealtor.com today.

Property Features

Property Type: Residential - Townhouse
Cooling: Central Air, Heat Pump Electric
Garage: 1 car attached
Heating: Heat Pump Electric
Home Style: 2 Story, Other - See Remarks
Lot Size: 0.38 Acres
Taxes: $22,882
Year Built: 2023

Amenities

Breakfast Area
Walk-In Closet(s)
Paved Driveway

Feature Descriptions

Appliances: Dishwasher, Disposer, Garage Door Opener, Microwave Oven (Built In), Range Electric, Refrigerator
Exterior: Brick, Hard Board
Floor: Luxury Vinyl Plank
Lot: Cleared, Level
Lot Dimensions: 0.38 acre(s)
Parking: Primary Covered: Garage Attached, Additional Covered: Garage Attached, Uncovered: Off Street Parking
Porch: Covered Porch, Front Porch
Sewer: Public Sewer
Water: Public
Window: Insulated

Local Schools

High School: Salem High
Middle School: Andrew Lewis
Elementary School: West Salem

Listed By / Shown By

agent picture

Listed and Shown By

Agency Name: MKB, REALTORS(r)
Agent Name: Tim Thompson
Agent Phone: (540) 353-7073

Estimate Your Payment

Estimated Payment

$ 6,940.67 per month $4,450.58 Principal & Interest $1,906.83 Property Tax $583.26 Homeowner's Insurance

Change Payment Information

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/24/2026. The listing information on this page last changed on 08/24/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 08/24/2026 10:35:13 AM EST) or Roanoke Valley MLs (last updated Mon 08/24/2026 10:33:25 AM EST). Real estate listings held by brokerage firms other than MKB, REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Agent License Information: Licensed in the Commonwealth of Virginia

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