2223 Bailey Ave, Salem, VA 24153
OFF MARKET

$520,000

Last sold price
  • 2 Beds

2223 Bailey Ave, Salem, VA 24153

Currently Off Market - Sold Dec 17, 2024 for $520,000

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.18
Multi-Family Home
$320,000
06/24/26
2
-
-
1.20
Multi-Family Home
$315,000
03/10/26
3
-
-
1.50
Multi-Family Home
$214,750
05/29/26
2
-
-
2.69
Multi-Family Home
$325,000
11/26/25
2
-
-
2.81
Multi-Family Home
$322,000
07/06/26
4
-
-
3.32
Multi-Family Home
$337,500
11/17/25
2
-
-

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.02
$580,900
Studio
-
-
Off Market
0.04
$185,000
3
1.5
1,750
Recently Sold
0.08
$349,200
4
2
1,596
Off Market
0.10
$239,100
2
1
1,373
Off Market
0.07
$325,000
4
2
1,731
Recently Sold
0.09
$178,700
3
1
840
Off Market
0.09
$331,800
3
2
1,975
Off Market
0.11
$222,000
3
2
1,756
Recently Sold
0.13
$272,000
3
2
1,350
Recently Sold
0.12
$266,300
3
1.5
1,651
Off Market
0.13
$269,200
3
1
1,397
Off Market

Local Information

  • Map ViewExplore the area around 2223 Bailey Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1973
0.33 acre lot
11130 Carport Spaces

About this House

Great investment opportunity in City of Salem. This property is convenient located, 4 units each with 2 bedrooms, 1 bath, full basement (unfinished), small deck off kitchen, living room. All 4 units are currently rented with long term tenants, all on month to month leases. Each unit is renting well below market value. All could use cosmetic updates.
2223 Bailey Ave, Salem, VA 24153 is a 2 bedroom multi-family built in 1973. It last sold for $520,000 on Dec 17, 2024 (17% below the $629,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $2,361/month.
Last check for updates: about 10 hours ago
Listed by MACK B GARMON, (540) 354-5141
RE/MAX REAL ESTATE ONE
SHARON B SMITH, (540) 797-4333
RE/MAX REAL ESTATE ONE
Bought with: MACK B GARMON, (540) 354-5141, RE/MAX REAL ESTATE ONE
Co-Buyer's Agent: SHARON B SMITH, (540) 797-4333, RE/MAX REAL ESTATE ONE
Source: RVAR, MLS#908879

Home Details for 2223 Bailey Ave

Interior Features

Interior Details
Basement: Full,Walk-Out Access
Beds & Baths
Number of Bedrooms: 2
Heating & Cooling
Heating: Heat Pump ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Heat Pump Electric
View
Has a ViewView: City, Mountain(s)

Exterior Features

Parking & Garage
Number of Carport Spaces: 11130Number of Covered Spaces: 16890Has a CarportNo Attached GarageParking Spaces: 16890Parking: Carport
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 78

Property Information

Year Built
Year Built: 1973
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Quadruplex
Building
Construction Materials: Brick
Property Information
Parcel Number: 23711

Price & Status

Price
List Price: $629,900
Status Change & Dates
Off Market Date: Fri Nov 08 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: SalemCommunity: Shamrock
School Information
Elementary School: South SalemJr High / Middle School: Andrew LewisHigh School: Salem High

HOA

No HOA

Lot Information

Lot Area: 0.33 acres

Rental Terms, Policies & Fees

Owner Pays: Management, Sewer, Water

Miscellaneous

BasementMls Number: 908879

Price and Tax history

DateEventPrice
Dec 17, 2024
Source: RVAR #908879
Sold
$520,000
Nov 8, 2024
Source: RVAR #908879
Pending
$629,900
Nov 8, 2024
Source: RVAR #908879
PendingToActive
$629,900
Sep 15, 2024
Source: RVAR #908879
Pending
$629,900
Jul 1, 2024
Source: RVAR #908879
Listed For Sale
$629,900

Market trends in Salem

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$332K
$20.83K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$192
$10
MoM
Available listings
139
8
MoM

What Locals Say about Salem

At least 116 Trulia users voted on each feature.
  • 87 % Say it's dog friendly

  • 86 % Say car is needed

  • 82 % Say parking is easy

  • 80 % Say yards are well-kept

  • 73 % Say there's wildlife

  • 73 % Say there's holiday spirit

  • 73 % Say kids play outside

  • 68 % Say people would walk alone at night

  • 62 % Say it's quiet

  • 59 % Say streets are well-lit

  • 56 % Say neighbors are friendly

  • 56 % Say they plan to stay for at least 5 years

  • 40 % Say there are sidewalks

  • 31 % Say it's walkable to grocery stores

  • 29 % Say it's walkable to restaurants

  • 19 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Doris Jackson
    "Itโ€™s quiet safe friendly neighborhood no burglars no racing great area beautiful neighborhood great for kids "
  • Shari.winebarger
    "Friendly, good schools, lots to do and see in the area. Great area for families. Can enjoy all four seasons. "
  • Kc7b6d5c6m
    "safe and fun i love it here would recommend itโ€™s a good place to live especially for big families with pets "
  • Trulia User
    "Family lives in this area and I'm visiting, it's a city but with country charm and beauty, and beauty of the surrounding mountains!!! this area has so much to offer, and people are so friendly!!! "
  • Trulia User
    "This is a small subdivision nested in older neighborhood. There is only one entrance so it make the place even more secluded "
  • Trulia User
    "Houses are very close together, so it can be noisy sometimes when they are all barking, but other than that I guess it is OK though."
  • Trulia User
    "Everyone is like family. We all looked after each other. It was like we all grew up together. It is very safe and family friendly around here."
  • Trulia User
    "Iโ€™ve lived here my entire life and the neighbourhood is itโ€™s own great community. Neighbours are friendly and everyone knows everyone and itโ€™s a really great environment. "
  • Trulia User
    "Safe quiet neighborhoods. No troubles that I know of. Very close to interstate access. Just a few minutes from Walmart and many other businesses on main street in Salem. "
  • Kim G.
    "Greenhill Park is great for walking dogs. Grass to throw ball, paved & gravel trails, creeks and river to swim. Also Salem Greenway is almost 4 miles one way, nice paved trail. "
  • Trulia User
    "Safe. Good schools, good city management. Much nature and spaces to walk or bike. Trails. Sense of community "
  • Wendy D.
    "They would like the busy roads. Everyone here has dogs and itโ€™s a beautiful community. Wish we had more dogs parks for the dogs not much area for them to run and play"
  • CheRee W.
    "My commute is painless. I am close to downtown and arrive to work within 10 minutes of leaving the house."
  • Trish C.
    "Safe, quiet and family oriented. great schools. Very close to parks, walking trails and shopping. A great place to live!"
  • Taylor W.
    "Salem is a nice peaceful town. Itโ€™s a good place to raise a family. Good people good area. Lots of pet friendly places as well"
  • Taylor W.
    "The neighborhood is very family oriented and safe. I never feel scared or worried, the neighbors are friendly and welcoming and the schools around are great."
  • Trish C.
    "Great family neighborhood, starting point for the homecoming parade route & walking trail to Glenvar Schools. I love being part of this community!"
  • Richard G.
    "Salem, VA is a great town. Itโ€™s a friendly town with good people and lots of activities for our residents. There is family entertainment, good public schools, and services. Morristown, NJ is my home town. I have loved it all my life, but I love Salem too. It feels like home. You could grow to love Salem too."
  • Heather J. P.
    "Very popular trick or treating street. Many families bring their kiddos here because of our sidewalks! Less than 5 minutes from downtown Salem. super close to greenway trail & Moyer Park! "
  • Bigmikeoldson31
    "My neighborhood has a great location of being in between all walks of life. Only thing Iโ€™ve disliked is during the holidays thru traffic is horrible. "
  • Hailey0702
    "I love this neighborhood. The neighbors watch out for each other. It is safe. Schools are excellent. We love Salem."
  • Aura R.
    "I have live here over 3 years now! I donโ€™t really โ€œknow my neighbors โ€œ but in general they are nice quiet people "
  • Chasity E.
    "All of the neighbors are friendly. The neighborhood is a safe place for children to play. There is a good mix of peoplr of all ages."
  • Jessi M.
    "So many people around here have a dog, people are very welcoming with them. The only problem is letting them out at night time because we have a bear problem around here lately & the bears arenโ€™t scared of our dog. "
  • Rcanash
    "Our neighborhood is on a dead end road. Not much traffic & residents watch for children, pets & walkers. We have had many dogs & cats over the yrs. Only bad thing is more bears, coyotes, rattlesnakes & copperheads. Aside from that a great place for children & pets "
  • bzanie70
    "Lived here for 46 years so I love it. I know my neighbors. I do not go walking after dark due to mosquitos. I also am going to school so donโ€™t have a lot of free time. "

LGBTQ Local Legal Protections

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All information is deemed reliable but not guaranteed, and should be independently verified.

Frequently asked questions about 2223 Bailey Ave

  • What is the price history for 2223 Bailey Ave?
    2223 Bailey Ave in Salem, VA last sold for $520,000 in December 2024.
  • Is Salem a buyer's or seller's market?
    Salem is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Salem?
    The median sale price in Salem is $332K. That is up $20.83K from the prior month.
  • What do residents say about Salem?
    Residents describe Salem, VA as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Salem, VA.
  • Does 2223 Bailey Ave have air conditioning?
    Yes, 2223 Bailey Ave in Salem, VA has air conditioning.
  • Does 2223 Bailey Ave have parking?
    Yes, 2223 Bailey Ave in Salem, VA has on-site parking.

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