Great opportunity for investors, can stay multi-family or be converted back to single family. Will need clean out and renovation, but will produce return. Amazing location, close to downtown, off street parking. Detached garage in back. New roof in the last 4 years.
Prime opportunity to own a multifamily investment in Old Southwest between Downtown Roanoke and the ever-expanding Roanoke Memorial Carilion Hospital. Six units but currently renting four units. The upper two units are one-bedroom and one-bathroom apartments. The main floor units are studio style apartments. The lower level are also studios. Lots of potential. Located near Evie's, Highland Park, and walking distance to Downtown Roanoke. Large private parking lot behind the building right off the alley.
Investment opportunity! Don't miss this incredible opportunity to own a multi-unit property in the heart of Roanoke's historic Old Southwest neighborhood just minutes from downtown! Fully leased!Perfectly positioned at 602 Allison Ave SW, this investment property offers three separate units, each full of character and potential for strong rental income.Unit 1 - 1BR/1BAUnit 2 - 2BR/1.5BAUnit 3 - 1BR/1BA + LoftOn-site laundryInvestment Highlights:- Consistent Cash Flow: With all three units currently occupied, this property offers a reliable and consistent income stream, providing a strong return on investment from the moment of purchase.- High Tenant Demand: The location and quality of this property make it a sought-after rental option for professionals,
Wonderful opportunity in Roanoke City! Beautiful location, Highly desired garage for area.
Charming, updated duplex in desirable Grandin Court area! Each side offers 2 bedrooms and 1 full bath upstairs, with a spacious family room, eat-in kitchen, and laundry on the entry level. One long-term tenant of 37 years takes great pride in maintaining the property, including all outdoor upkeep. Both units are in excellent condition with recent updates, including modernized kitchens, bathrooms, and durable LVP flooring. A prime investment opportunity in a sought-after neighborhood! Current rent on one is $650 and this goes to $700 in January. The other side has had the same tenant for 37 and he pays $620 he takes care of the entire property. All information is deemed reliable but not guaranteed and should be verified by buyer or buyer's agent.
This well-maintained triplex offer an excellent investment opportunity. All units are rented, providing immediate income, while the third is vacant and ready for occupancy. All units have been recently renovated, featuring fresh paint, new flooring, and essential safety improvements, ensuring a comfortable living environment for tenants. A new roof, installed in 2023, adds long-term value and peace of mind for future maintenance. The property is ideal for investors looking to expand their portfolio with a move-in-ready asset that requires minimal updates. Don't miss this chance to secure a solid investment with stable cash flow.
5 units; #1 3BR Vacant, #2 2 BR $756 lease ends 7/20/25, #3 1 BR $800 lease ends 12/18/24, #4 1 BR vacant, #5 1BR $500 lease ends 9/30/25
Almost 1 acre in Roanoke City. With site plan can be subdivided into 6 lots, according to the City. Home on property is sold, As-Is. Great opportunity!! Home is vacant.
Great Investment opportunity in the in the Raleigh Ct./Grandin Ct. neighborhood., walking distance to shopping, the Grandin Theater as well as many restaurants. Each unit comes with 3 bedrooms a 1 Bathroom, and laundry connections in the basement. Both units have large living rooms and dining rooms, and both living rooms have a fireplace. The electric and water are both separately metered, so tenants pay their own electric and water.
This duplex offers a prime opportunity for investors seeking steady cash flow. Each unit features 1 bedroom and 1 bath, making it an ideal rental property. Located in a highly convenient neighborhood, tenants will enjoy easy access to schools, shopping, and public transportation. Off street parking in back. New Roof 2023, Updated electric 2024, New siding 2023, New carpet 2023.
153 Avendale Duplex, both vacant, both 1 bd, 1 bath. 155 Avendale Multi #1 Vacant, 1 bd, 1 bath. #2 Rent $695 lease end 7/31/25, #3 Rent $800 lease M-T-M 1 bd, 1 bath, #4 rent $800 lease end 8/31/24 3 bd, 1 bath. Landlord pays electric and gas.
Duplex, both units vacant # 1629 & 1631, All Tours will need to be scheduled through Agent for a member of the property management team to be present.
Great investment opportunity to own an Airbnb in Old SW. Just minutes to downtown and RMH. Could be easily convert back to single family home. Lots of updates over recent years. Each unit has 2 spacious bedrooms, 1 full bath, Living room, kitchen and separate laundry area. Hardwood flooring. Bathrooms and Kitchens have been updated. Large walkup attic offers opportunity for additional living space, Majority of windows have been replaced. All appliances are included with sale. Wonderful wrap around covered porch. Off street and parking. Situated on nice level lot. Property has been properly permitted and approved by city for an Airbnb. Will full price offer all furnishing will convey.
This cash-flowing duplex, conveniently located in Southeast Roanoke, offers a promising investment opportunity. Both units are currently occupied, contributing to a steady income stream. The upper unit comprises three bedrooms and one bathroom, with a current rental rate of $1,150. Meanwhile, the lower unit, featuring two bedrooms and one bathroom, is leased at $1,025.
Vacant. First Floor: 3 bedrooms, 1 bath with forced air gas heat. Second Floor unit is Vacant: 2 bedrooms, 1 bath with Baseboard electric heat.
Be sure to check out this fully renovated duplex. Unit 1141 features 2 bedrooms, a full bath, and a family room, while unit 1139 includes 3 bedrooms, a full bath, and a family room. Both kitchens are equipped with new stainless steel appliances, and both units boast new carpeting, as well as completely updated electrical and plumbing systems, new HVAC units and NEW ROOF. With a competitive price, this duplex is expected to sell quickly.
Attention all Investors , great opportunity to add to your portfolio . This duplex has 2 units with 2 bedrooms 1 bathroom each, newer appliances ,LVP and tile floors. Both units rented for $750 each in 2023.
WELCOME TO 1736 GRANDIN RD, THE GATEWAY TO GRANDIN VILLAGE! THIS STATELY PROPERTY HAS BEEN CONVERTED INTO 4 APARTMENTS. MAIN LEVEL IS FUNCTIONING AS AN OFFICE SPACE WITH SCREENED-IN PORCH THAT COULD BEA 2 BED/1.5 BATH APARTMENT. UPPER LEVEL FEATURES 2 APARTMENTS - 2BED/1BTH & 1BED/1BTH. SIDE UNIT IS TOWNHOUSE STYLE WITH 2BED/1BTH. LARGE, DRY FULL WALK-OUT BASEMENT PERFECT FOR STORAGE. PRIVATE PARKING LOT IN REAR. THIS PROPERTYHAS BEEN APPROVED FOR EXPANSION BY ADDING ON TO EXISTING BUILDING AND/OR BUILDING NEW DETACHED STRUCTURES IN REAR. CAPITALIZE YOUR INVESTMENT WITH THIS UNIQUE PROPERTY. NOW IS YOUR CHANCE TO OWN A COVETED PEICE OF THE HISTORIC GRANDIN VILLAGE! SOME REPLACEMENT WINDOWS THROUGHOUT PROPERTY. NEWER HVAC UNITS.
GREAT TURN KEY INVESTMENT APTS - UPGRADED ELECTRICAL WIRING - STORAGE IN ATTIC AND BASEMENT - NEWLY PAINTED METAL ROOF - NEW WATER HEATER FOR UPSTAIRS UNIT - FRESH PAINT INSIDE AND OUTSIDE - FRONT AND BACK PORCHES - NEW LUXURY VINYL TILE - NEAR BUS LINE - BLOWN IN INSULATION IN UPSTAIRS AND DOWNSTAIRS WALLS AS WELL AS IN ATTIC - NEW CABINETS IN UNIT TWO - LAUNDRY HOOKUPS IN BOTH UNITS - LEVEL BACK LAWN - NEWLY REFINISHED CLAWFOOT TUB - HARDWOOD FLOORING - ON THE BUS LINE - VIEW ROANOKE STAR FROM YOUR BALCONY!
Fantastic investment opportunity with this duplex! Each unit 3 bedrooms & 1 full bathroom, providing comfortable living spaces that are for families or tenants seeking ample room. Located in a neighborhood with convenient access to schools, shopping & public transportation, this property offers strong rental potential & steady cash flow. New Roof 2024
Two Properties included in this package deal 802 Stewart and 314 8th Street
GREAT TURN KEY INVESTMENT APTS - UPGRADED ELECTRICAL WIRING - COVERED FRONT PORCH - OFF STREET PARKING FOR FOUR VEHICLES - ON THE BUS LINE - FRESHLY PAINTED INSIDE AND OUTSIDE - STORAGE IN BASEMENT - CLOSE TO GROCERY STORE, PHARMACY, RESTAURANTS, AND VALLEY VIEW MALL - LAUNDRY HOOKUPS IN BOTH UNITS - LEVEL BACK LAWN - BLOWN IN INSULATION IN UPSTAIRS WALLS AND ATTIC - VINYL TILE AND NEW LUXURY VINYL PLANK, COME HOUSE HACK THIS PROPERTY!
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Roanoke is located in Virginia. Roanoke, Virginia has a population of 99,578. Roanoke is less family-centric than the surrounding county with 19.09% of the households containing married families with children. The county average for households married with children is 19.09%.
The median household income in Roanoke, Virginia is $48,476. The median household income for the surrounding county is $48,476 compared to the national median of $69,021. The median age of people living in Roanoke is 38 years.
The average high temperature in July is 86.5 degrees, with an average low temperature in January of 26.1 degrees. The average rainfall is approximately 41.9 inches per year, with 15.2 inches of snow per year.
