$210,000

1027 Ferdinand Ave SW Roanoke, VA 24016

Mountain View Neighborhood

Estimated payment $1,359/month

Total Views 7,290
-- Bed
-- Bath
1,769 Sq Ft
$119 Price per Sq Ft

Highlights

  • City View
  • No HOA
  • Forced Air Heating System

About This Home

Great Investment opportunity with tons of potential. Triplex located in Se Roanoke featuring 3 units, 2 one bedrooms and 1 efficiency all with one bath. Convenient located close to downtown Roanoke. Recent updates include new roof. All units are currently rented, one bedrooms are rented at $750 each and $550 for the efficiency and could possibly rent for more. If you're looking to start investing or wanting to add an income producing unit to your growing portfolio. Look no further. Schedule a tour today.

Listing Agent

Andre Palmer

PALMER REALTY GROUP LLC License #0225207973 Listed on: 03/04/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $2,384

Year Built

  • Built in 1900

Lot Details

  • 9,583 Sq Ft Lot

Parking

  • On-Street Parking

Property Views

  • City
  • Mountain

Interior Spaces

  • 1,769 Sq Ft Home
  • Partial Basement

Schools

  • Highland Park Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Listing and Financial Details

  • Tax Lot 10

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Leased Units
  • Operating Expense $5,384
  • Gross Income $25,500
  • Net Operating Income $20,116

Property Details

Home Type

Apartment

Est. Annual Taxes

$2,384

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Multi-Family
  • Has Basement: Partial Basement
  • Cooling System: Window A/C
  • Views: City, Mountain
  • CondoAssocYN: No
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 3.00
  • NumberUnfurnished: 3.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 5384.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Street

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Schools

  • Elementary School: Highland Park
  • Middle School: James Madison
  • High School: Patrick Henry

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.22
  • Lot: 10

Building Info

  • Year Built: 1900

Tax Info

  • Taxes (6 mo): 2384.18
  • FILLTAXID: 111-3013

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Electricity
  • Units In Building: 3.00
  • Multi Family Type: Apartments

MLS Schools

  • Elementary School: Highland Park
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2025 03/04/25 For Sale $210,000 +90.9% $119 / Sq Ft
10/23/2014 10/23/14 Sold $110,000 -7.6% $62 / Sq Ft
09/29/2014 09/29/14 Pending -- -- --
09/22/2014 09/22/14 For Sale $119,000 +336.7% $67 / Sq Ft
10/25/2012 10/25/12 Sold $27,250 -16.2% $15 / Sq Ft
09/21/2012 09/21/12 Pending -- -- --
09/04/2012 09/04/12 For Sale $32,500 -- $18 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Source: Roanoke Valley Association of REALTORS®

MLS Number: 914809

Roanoke Valley Association of REALTORS®

APN: 111-3013

Virginia Roanoke City County Roanoke 24016 Mountain View

1027 Ferdinand Ave SW, Roanoke, VA

This home is located at 1027 Ferdinand Ave SW, Roanoke, VA 24016 and is currently priced at $210,000, approximately $118 per square foot. This property was built in 1900. 1027 Ferdinand Ave SW is a home located in Roanoke City with nearby schools including Wasena Elementary School, James Madison Middle School, and Patrick Henry High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Andre Palmer
Listing Agent
Andre Palmer
Section Image
PALMER REALTY GROUP LLC
(540) 831-3598