7 Beds
4 Baths
3,957SqFt
Active
Rare opportunity in one of Salem’s most desirable neighborhoods, 324 Pennsylvania Avenue offers the flexibility today’s buyers are searching for with separate living spaces, income potential, and room for multi-generational living. The beautifully updated main residence features spacious living areas full of character and over $100,000 in thoughtful improvements, while the grandfathered detached carriage house/ADU provides additional private living space with dedicated parking and yard area. Ideal for aging parents, adult children, guests, remote work, or rental income, this property adapts to changing lifestyle needs with ease. Situated on a rare double lot, the property also offers long-term versatility and future potential rarely found in town. Previously utilized as successful furnished mid-term rentals with consistent demand. SELLER OFFERING $5,000 IN CONCESSIONS TO HELP BUY DOWN YOUR INTEREST RATE OR LOWER CLOSING COSTS.
Property Details | ||
|---|---|---|
| Price | $565,000 | |
| Bedrooms | 7 | |
| Full Baths | 4 | |
| Half Baths | 0 | |
| Total Baths | 4 | |
| Lot Size | 14810.4 | |
| Acres | 0.34 | |
| Property Type | Residential | |
| Sub type | SingleFamilyResidence | |
| MLS Sub type | Detached | |
| Exterior Features | Fenced Yard | |
| Year Built | 1894 | |
| Subdivision | None | |
| Heating | Gas-Natural,Heat Pump | |
| Parking Description | None | |
| Additional Rooms | 15 | |
Geographic Data | ||
| Directions | From Main St Salem heading west turn left on College Ave and Left on Pennsylvania. Home on right. There is parking off the alley in the back also. | |
| County | Salem | |
| Latitude | 37.290762 | |
| Longitude | -80.053077 | |
| Market Area | Salem | |
Address Information | ||
| Address | 324 Pennsylvania Avenue, Salem, VA 24153 | |
| Postal Code | 24153 | |
| City | Salem | |
| State | VA | |
| Country | United States | |
Listing Information | ||
| Listing Office | Lazaro Real Estate | |
| Listing Office Phone | 540-200-8458 | |
| Listing Office Email | [email protected] | |
| Listing Agent | Jonathan Lazaro | |
| Listing Agent Phone | 540-525-3855 | |
School Information | ||
| District | Out of Area | |
| Elementary School | Other | |
| Middle School | Other | |
| High School | Other | |
MLS Information | ||
| Days on market | 0 | |
| MLS Status | Active | |
| Listing Date | May 22, 2026 | |
| Listing Last Modified | May 22, 2026 | |
| Tax ID | 12063 | |
| Tax Year | 2025 | |
| Tax Annual Amount | 2107 | |
| MLS Area | Salem | |
| MLS # | 427467 | |
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This information is believed to be accurate, but without any warranty.