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2213 Bailey Ave, Salem, VA, 24153

$550,000

Home List Price

$6,531*

Closing Credit

0 Baths
5,906 SqFt
$93/SqFt
Multi

Location

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2213 Bailey Ave, Salem$550,000

Buyer Closing Credits

$6,531*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingPrivate (1 - 9)
Year BuiltNew Const., 1973
HeatingHeat Pump
CoolingCentral Air
BasementYes
MLS #912357
Lot Size0.42 Acres
StatusActive

About 2213 Bailey Ave

Offering for sale this multifamily opportunity right in the heart of Salem. This Quadplex spans 3,848, each unit has 2 beds, 1.5 baths, full basement ad private decks. Updates include new kitchen cabinets, new tub/surrounds, new toilets, and new HVAC. With proximity to key amenities and local conveniences, this multifamily opportunity represents a solid addition to any investment portfolio. Resent roll and further details available.

Property Details

Property Features

Property Information:

  • Year Built: 1973
  • Living Area: 5,906 SqFt

Listing Office:

  • Office Name: REALSTAR, REALTORS(r) LLC

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Private (1 - 9)

Lot Features

Lot Information:

  • Lot Size: 0.42 Acres

Utilities

Utilities Information:

  • Heating: Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Twelve O'clock Knob Rd to Palmer Ave to Bailey Ave. Quadplex towards the end of the cul-de-sac on the right,

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000
  • Price Per SqFt: $93/SqFt

Tax Information:

  • Annual Amount: $2,615
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Salem, VA.

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Salem, VA

City

Med. Sold Price

$295K

Med. Price/SqFt

$171

# of Sold Homes

29

2213 Bailey Ave vs Salem

4 DAYS ON ROCKET

$550,000

+$255K More

$93/SqFt

-$79 Less

KEY TAKEAWAY

This property is $255K more than the Median Sold Price and $79/SqFt less than other homes in Salem, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #912357

Listing Office:

  • Office Name: REALSTAR, REALTORS(r) LLC

IDXAlthough the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.

All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.

All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/15/2024, 8:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,615$217,900
2020$2,574$214,500
2019$2,329$206,000
2018$2,329$197,400
2017$2,329$197,400

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-18192
8
/10

  • South Salem Elementary School

  • 1600 Carolyn Rd

  • 0.61 miles

  • Public District Grades KG-5

school-card-donut-18193
5
/10

  • G.W. Carver Elementary School

  • 6 E 4th St

  • 1.11 miles

  • Public District Grades PK-5

school-card-donut-18194
4
/10

  • West Salem Elementary School

  • 520 N Bruffey St

  • 1.42 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $68,196. Residents of Salem, VA typically earn between $35k-100k each year. Most families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Salem›24153›2213 Bailey Ave

This home is located at 2213 Bailey Ave in Salem, VA and zip code 24153. This 5,906 square foot home, which was built in 1973, sits on a 0.42 acre lot. It has been listed on Rocket Homes since November 11, 2024 and is currently priced at $550,000.

In October 2024, from all listings sold in Salem, VA there were more than 7 sold above asking price, over 16 sold below and more than 6 were sold right at the asked price. In October 2024 in Salem, VA there were 28.6% more homes for sale than in September 2024.

From Rocket Homes Real Estate and based on county public records data.

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