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502 N Market St, Salem, VA 24153

$260,000
: 3
BD
: 2
BA
: 1,998
SqFt

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Sold Price: $260,000
List Price: $250,000
Closing Date: Aug 17, 2026
Days on Market: 14
Status: CLOSED
MLS#: 928945
Bedrooms: 3
Bathrooms: 2
Full Baths: 1
Half Baths: 1
Living Area: 1,998
Lot Size (Acres): 0.43
Year Built: 1930

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Property Description

Huge potential on one of Salem's historic residential streets. This 1930 brick foursquare offers 4 bedrooms on the second level with one full bath; and living, dining, den, kitchen and half bath on the main. Classic architectural elements and features are just waiting for a fresh glow-up in anticipation of a 100th birthday. A walk-up attic, unfinished, allows for lots of easy storage or even more room to expand. The unfinished basement adds more storage, laundry space and even potential workshop area. Brick/cement addition to the rear provides a large deck with garage/outdoor storage underneath. Large, gently sloping fenced backyard. Adjacent to Roanoke College. Walk to downtown Salem for dining and entertainment.

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Additional Information

Area: 0300 - City of Salem
Subdivision: N/A
Neighborhood: 0300 - City of Salem
Taxes: $1,634
Interior Features: Bookcases
Flooring: Carpet, Vinyl, Wood
Heating: Radiator(s)
Cooling: Window/Wall
Water: Public
Sewer: Public Sewer
Elementary School: West Salem
Middle School: Andrew Lewis
High School: Salem High
Remarks: Huge potential on one of Salem's historic residential streets. This 1930 brick foursquare offers 4 bedrooms on the second level with one full bath; and living, dining, den, kitchen and half bath on the main. Classic architectural elements and features are just waiting for a fresh glow-up in anticipation of a 100th birthday. A walk-up attic, unfinished, allows for lots of easy storage or even more room to expand. The unfinished basement adds more storage, laundry space and even potential workshop area. Brick/cement addition to the rear provides a large deck with garage/outdoor storage underneath. Large, gently sloping fenced backyard. Adjacent to Roanoke College. Walk to downtown Salem for dining and entertainment.