918 Central Ave Apartments

For Sale

918 Central Ave, Salem, VA 24153

This Salem property for sale is located at 918 Central Ave. The current listed sale price for 918 Central Ave Apartments is $815,000. 918 Central Ave Apartments is situated on a lot that is 0.45 acre in size.

Contacts

broker
Andy Mullins

Andy Mullins Commercial Real Estate & Realstar Realtors

Property Details

  • Property Type Multi-Family
  • Property Size 5,677 SF
  • Units 7
  • Lot Size 0.45 Acre
  • Year Built 1964
  • Date Updated Aug 6, 2025
Conveniently located in the heart of Salem, 918 Central Ave offers quick access to downtown, Roanoke College, I-81, and local shopping, dining, and parksThis well-maintained 7-unit brick apartment building is a solid income-producing asset in a highly desirable Salem location, where opportunities like this are few and far between. The property features 5 spacious 2-bedroom, 1 bath units and 2 larger 3-bedroom, 1.5-bath units, all currently tenant occupied. Unit 1 has been recently renovated, offering a fresh, updated living space and setting the tone for potential future upgrades. Convenient to downtown Salem, local parks, shopping, and dining. Don't miss your chance to own a quality multi-family building in one of the Roanoke Valley's most established markets. Rent roll and financials available upon request. Property is located in the flood zone.
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Highlights

  • 100% Occupied
  • Ample Parking
  • Great Location
  • Nearby Walking Trails
  • Strong Rental History

Getting around

  • 13/100

    Walk Score ®

  • 34/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Salem, VA
  • Zip Code 24153

Points of Interest

  • Shell

    0.44 miles

  • Mobil

    0.68 miles

  • Sheetz

    0.90 miles

  • Exxon

    0.92 miles

  • Tesla Supercharger

    0.93 miles

  • Kroger

    1.08 miles

  • GoMart

    1.38 miles

  • Speedway

    1.70 miles

  • BP

    1.81 miles

  • ChargePoint

    7.61 miles

  • RadioShack Parking

    0.69 miles

  • Greenway parking

    0.81 miles

  • Commuter Parking

    0.94 miles

  • Roanoke River Greenway Woodbridge Trailhead Parking

    0.95 miles

  • Resident Parking

    0.98 miles

  • Faculty/Staff Parking

    0.99 miles

  • The Inn at Burwell Place Inc.

    0.65 miles

  • The Lofts at Downtown Salem

    0.78 miles

  • Rowland Hotel

    0.98 miles

  • Comfort Suites Salem-Roanoke I-81

    1.69 miles

  • Super 8 by Wyndham Salem VA

    1.74 miles

  • Quality Inn Salem - I-81

    1.75 miles

  • Howard Johson

    1.94 miles

  • Comfort Suites Inn at Ridgewood Farm

    2.13 miles

  • Hampton Inn Salem East-Electric Road

    2.17 miles

  • Affordable Corporate Suites

    2.17 miles

  • The Dilly Dally

    0.24 miles

  • Big Lots

    0.90 miles

  • Kroger

    1.12 miles

  • Walmart Supercenter

    1.39 miles

  • Food Lion

    1.65 miles

  • More Supermarket

    3.69 miles

  • Roanoke Grocery Market

    3.80 miles

  • Burlington

    4.96 miles

  • Macy's

    5.73 miles

  • Belk

    5.77 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Andy Mullins

Andy Mullins Commercial Real Estate & Realstar Realtors

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