$200,000

5105 Salem St Richmond, VA 23231

$2,375
Closing credit¹
3 beds
1 full, 1 partial
1,377 sqft
0.2 acres
$145 / sqft
House

Property details

About 5105 Salem St

Attention all investors! Here’s a fantastic opportunity to acquire a property in need of some TLC! Nestled in the vibrant Fulton Hill neighborhood of Richmond, this location is just a stone's throw from downtown, Rocketts Landing, the scenic River, the picturesque Canal Walk, and an array of local breweries, restaurants, and attractions perfect for entertainment. This property presents an ideal prospect for those looking to buy and hold as a rental investment or for individuals eager to dive into a quick fix-and-flip project. With great potential and a prime location, this gem won't last long on the market. Don’t miss your chance—schedule your showing today!

Highlights

Home typeSingle Family Residence
HeatingHeat Pump, Natural Gas
StatusActive
CoolingElectric
Size1,377 sqft
Lot size0.2342 Acres
Year built1951
ParkingCarport
MLS #2506218
FireplaceGas

Summary

  • MLS Number: 2506218
  • MLS Name: CVR
  • Office Name: Samson Properties
  • Office Phone: (804) 430-9410
  • Office Email: tsimmons@samsonproperties.net
  • Listing Agent: Chanice Coleman

IDX All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. 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. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2025 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/13/2025, 5:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

view of front of house with crawl space, a front lawn, brick siding, and a chimney

$200,000

5105 Salem St

$2,375

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$196,000$2,352
2023$175,000$1,500
2022$155,000$1,500
2021$129,000$1,500
2020$125,000$1,500
2019$98,000$1,128
2018$94,000$1,128

History based on county public records data.

Nearby schools

4

Montrose Elementary School

Public District PK-5

1.2 mi

2820 Williamsburg Rd

3

Chimborazo Elementary School

Public District PK-5

1.5 mi

3000 E Marshall St

2

Henry L. Marsh, III Elementary School

Public District KG-5

1.6 mi

813 N 28th St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $30,032. Most Richmond, VA residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

63%
<35k
29%
35k-100k
5%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

51%
Single, No Kids
26%
Single, with Kids
15%
Married, No Kids
8%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

16%
<11 yrs old
8%
12-17 yrs old
23%
18-34 yrs old
43%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • NHRA Drag RacingNHRA Drag Racing
  • Horse RacesHorse Races

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Golden CorralGolden Corral
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • BuickBuick

What do the neighbors listen to?

  • RockRock
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5105 Salem St

This home is located at 5105 Salem St in Richmond, VA and zip code 23231 in the East Side neighborhood. This 1,377 square foot home, which was built in 1951, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $200,000.

Richmond, VA housing market in February 2025 saw over 76 listings sold above listed price, more than 52 sold at listed price and over 69 sold below. In February 2025 in Richmond, VA there were 13% more homes for sale than in January. Listings spent 23 days on the market in February 2025, and had a median list price of $381,411 during the same period.

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

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