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4 Beds
4 Baths
10,422 sqft

$1,999,750

130-140 W Calhoun ST, Salem VA, 24153

Price per sqft$191.88
Built in2023
Property size10,422 sqft
Property typeTownhomes

Overview

Active

Listed Aug 24, 2026

Updated 6 days ago

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.

$13,304/mo

Est. mortgage payment based on a $1,999,750 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
930687

Interior Features

Bedrooms
4
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.38 Acres

Other Property Details

Taxes
$22,882
Tax Frequency
Annually
Association Fee Frequency
Monthly
MLS provider logo

Listed by TIM THOMPSON with MKB, REALTORS®
Listing Contact: [email protected] 

The IDX display contains information sourced from the Roanoke Valley Association of REALTORS® as of 9/10/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Roanoke Valley Association of REALTORS® all rights reserved.

Data last updated on 9/10/2026 at 1:25 PM UTC

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