Sold
Last Sold Price
1718 Pomeroy Rd, Unit A & B, Salem, VA 24153
Multi FamilyProperty Type
1960Year Built
2 carsParking Spaces

Description

Great investment opportunity-both sides have long term tenants. Desirable Salem schools. New central HVAC units,new 150 AMP electrical panel on both sides; side A new kitchen cabinets, dishwasher, stove, refrig, washer/dryer, vinyl & carpet. Side B; new deck, new carpet in MB, hallway & stairs, new vinyl in kitchen, new stove, fresh paint.Great investment opportunity-both sides have long term tenants. Desirable Salem schools. New central HVAC units,new 150 AMP electrical panel on both sides; side A new kitchen cabinets, dishwasher, stove, refrig, washer/dryer, vinyl & carpet. Side B; new deck, new carpet in MB, hallway & stairs, new vinyl in kitchen, new stove, fresh paint.
  • Listed by: TIM THOMPSON • MKB, REALTORS®
Listing closed: 07/27/2009 12:00 AM • Source: Roanoke Valley Association of REALTORS, MLS#: 741013

Recent comparable sales

Median sold price

$279,000

Avg days on market

28

Sale-to-list ratio

95.2%

Salem, VA

9 comparable properties found

a front view of a house with a yard
1/34
1

$285,000

Sold 05/09/25

4
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.78
Acres
a front view of a house with barbeque oven
1/3
2

$214,750

Sold 05/29/26

2
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.14
Acres
a view of a house with a yard
1/30
3

$166,000

Sold 04/16/26

4
Bedrooms
Unavailable
Bathrooms
1,496
Square Feet
0.09
Acres
a view of front of a house with a yard
1/24
4

$325,000

Sold 11/26/25

2
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.2
Acres
5

$148,000

Sold 12/20/24

4
Bedrooms
2
Bathrooms
2,049
Square Feet
0.18
Acres
a front view of a house with a yard
1/24
6

$279,000

Sold 04/25/25

2
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.25
Acres
a front view of a house with garden
1/6
7

$275,000

Sold 01/30/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.36
Acres
front view of a house with a yard
1/11
8

$315,000

Sold 03/10/26

3
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.49
Acres
$315,000 | 623 South Colorado Street, Salem, VA 24153
1/44
9

$315,000

Sold 01/08/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.14
Acres

Location

Listing Courtesy of MKB, REALTORS®, TIM THOMPSON

Sold By GWYN & HARMON, REALTORS®, JUDY BROMM SELLERS

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Payment Calculator

$923 per month

30 year fixed, 6.55% Interest

Principal and Interest

$813

Property Taxes

$110

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1718 Pomeroy Road, Unit A & B

Property Details
  • Taxes: $1,324 / year
  • MLS Type: MultiFamily
  • Lot Size: 0.00 AC / 0 SF
  • Subdivision Name: Hillview Park
  • Covered Spaces: 10996.0
  • Parking Total: 2.0
Building Information
  • Residences: 2
  • Year Built: 1960
  • Lot Size: 0.00 AC / 0 SF
Summary
Location and General Information
  • Directions: 419N (Electric Rd) Rt on Lynchburg Tpke, Rt on Hemlock Rd (NW) Rt on Pomeroy Road.
  • MLS Area Major: 0300 - City of Salem
  • City: Salem
  • State Or Province: VA
  • Postal Code: 24153
  • County Or Parish: City of Salem
  • MLS Area Minor: 0300 - City of Salem
  • General Property Description - Water Class: N/A
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 154-1-13
  • Tax Block: 2
  • Tax Lot: 16
  • Tax Tract Or Section: 2
  • Tax Amount: $1,324
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $1,324
  • Location Legal Taxes - Section: 2
  • Location Legal Taxes - POA YN: No
  • Location Legal Taxes - POA Condo Dues: $0
  • Misc Features - Maint - Free Exterior: Yes
School Information
  • Elementary School: East Salem
  • Middle Or Junior School: Andrew Lewis
  • High School: Salem High
Parking
  • Attached Garage: No
  • General Property Description - Parking Description: Private (1 - 9)
Property
Lot Information
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • General Property Description - Total Acreage: 0.0
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: MultiFamily
  • Year Built: 1960
  • Property Type Label: MultiFamily
  • General Property Description - Construction Status: Completed
  • General Property Description - Present Use: Built-As
Utilities
  • Miscellaneous Info - Public Transport2: Yes
  • Sewer: True
  • Water Description - Public Water: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick, Vinyl Siding
Interior Features
  • Heating: Heat Pump
  • Basement: Full Basement
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Heating: Yes
  • General Property Description - Basement: Yes
  • General Property Description - # Furnished: 0.0
  • General Property Description - # Unfurnished: 2.0
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • General Property Description - # Leased Units: 2
Income & Expenses
  • Gross Scheduled Income: $13,800
  • Operating Expense: $2,804
  • Insurance Expense: $400
  • General Property Description - Gross Income: $13,800
  • Gross Income: $13,800
  • Net Operating Income: $10,996
  • Expenses - Water Exp: $1,080
Unit 1
  • Unit Number: Type 1
  • Units Total: 1
  • Beds Total: 2
  • Furnished: 1
  • SqFt: 1100
  • Parking: Refrigerator
  • Rent: Range Electric
  • Bathroom: Clothes Dryer
  • Remarks: Clothes Washer
Unit 2
  • Unit Number: Type 1
  • Units Total: 1
  • Beds Total: 2
  • Furnished: 1
  • SqFt: 1100
  • Parking: Refrigerator
  • Rent: Range Electric
Rental
Rental Information
  • Lease Term: Month-to-Month, One Year
  • Misc Features - Current Lease: Yes
  • Tenant Expenses - Cable TV: Yes
  • Tenant Expenses - Electricity: Yes
  • Tenant Expenses - Heating: Yes

Property History for 1718 Pomeroy Road, Unit A & B

DateEvent & SourcePriceAppreciation
Jul 27, 2009

Sold

Roanoke Valley Association of REALTORS #741013

$159,950
May 8, 2009

Pending

Roanoke Valley Association of REALTORS #741013

Jan 30, 2009

Listed (Active)

Roanoke Valley Association of REALTORS #741013

$159,950
DateEvent & SourcePrice
07/27/2009

Sold

Roanoke Valley Association of REALTORS #741013

$159,950
05/08/2009

Pending

Roanoke Valley Association of REALTORS #741013

01/30/2009

Listed (Active)

Roanoke Valley Association of REALTORS #741013

$159,950

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 1718 Pomeroy Road, Unit A & B

This home is within Salem City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - PK to 7
Rating
School
Distance
East Salem Elementary School
PublicPK to 5

Andrew Lewis Middle School
Public6 to 8

Salem High School
Public9 to 12

Salem Montessori School
PrivatePK to 7

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 1718 Pomeroy Road, Unit A & B, Salem, VA 24153
$159,950
4
0
$164,950
4
18,730
2
1
1,000
38,899
$325,000
2
8,712
$325,000
2
2,200
12,066
$105,000
3
1.5
1,666
29,142

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MKB, REALTORS®, TIM THOMPSON

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.