NOT LISTED FOR SALE

1114 Stewart Ave SE Roanoke, VA 24013

Belmont Neighborhood
4 Beds
3 Baths
2,272 Sq Ft
7,405 Sq Ft Lot

Last Sold January 17, 2024

Last sale price $170,000 $75 Per Sq Ft

38 Days on Market

About This Home

As of January 2024

Great opportunity to acquire a well-cared for investment property. This triplex has two long-term tenants and one vacant unit. It is priced to move at an 7.5% cap rate!

Last Agent to Sell the Property

Steve Zegarski

VRC PROPERTIES LLC License #0225245213 Listed on: 10/05/2023

Co-Listed By

Jason Fountain

VRC PROPERTIES LLC License #0225077081

Last Buyer's Agent

Non Member Transaction Agent

Non-Member Transaction Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,400

Year Built

  • Built in 1916

Lot Details

  • 7,405 Sq Ft Lot

Home Design

  • Triplex

Interior Spaces

  • 2,272 Sq Ft Home
  • Crawl Space

Schools

  • Fallon Park Elementary School
  • John P. Fishwick Middle School
  • William Fleming High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 20 FT LOT 19, ALL 20

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 2 Leased Units
  • Operating Expense $8,784
  • Gross Income $24,000
  • Net Operating Income $15,276

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,400

Year Built

Built in 1916

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: Window A/C
  • CondoAssocYN: No
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 3.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2023-11-12
  • TotalAnnualExpen: 8784.00
  • Water Class: N/A
  • Water Heater Energy: Natural Gas
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

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

Schools

  • Elementary School: Fallon Park
  • Middle School: John P. Fishwick
  • High School: William Fleming

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.17
  • Lot: 20 FT LOT 19, ALL 20

Building Info

  • Year Built: 1916

Tax Info

  • Taxes (6 mo): 1400.36
  • FILLTAXID: 4112319

Multi Family

  • Tenant Pays: Electricity
  • Units In Building: 3.00
  • Multi Family Type: Triplex

MLS Schools

  • Elementary School: Fallon Park
  • HighSchool: William Fleming
  • Middle School: John P. Fishwick

Range of Values:

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Average Value
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List Price
Sold Price
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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
01/17/2024 01/17/24 Sold $170,000 -5.6% $75 / Sq Ft
11/12/2023 11/12/23 Pending -- -- --
11/01/2023 11/01/23 Price Changed $180,000 -5.3% $79 / Sq Ft
10/05/2023 10/05/23 For Sale $190,000 +192.3% $84 / Sq Ft
05/23/2019 05/23/19 Sold $65,000 -7.1% $29 / Sq Ft
05/06/2019 05/06/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $69,950 -- $31 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Steve Zegarski

    Seller's Agent in 2024

    Steve Zegarski

    VRC PROPERTIES LLC

    (540) 309-6738

    1 in this area

    37 Total Sales

    Steve Zegarski
    Section Image
  • Jason Fountain

    Seller Co-Listing Agent in 2024

    Jason Fountain

    VRC PROPERTIES LLC

    (540) 354-6456

    1 in this area

    56 Total Sales

    Jason Fountain
    Section Image

  • N

    Buyer's Agent in 2024

    Non Member Transaction Agent

    Non-Member Transaction Office

  • K

    Seller's Agent in 2019

    KELLI L EAGLE

    PARK PLACE REALTY INC

    (540) 815-2225

    51 Total Sales

    KELLI L EAGLE
    Section Image
  • Norm Pullen

    Buyer's Agent in 2019

    Norm Pullen

    KELLER WILLIAMS REALTY ROANOKE

    (540) 330-6906

    405 Total Sales

    Norm Pullen
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 902238

Roanoke Valley Association of REALTORS®

APN: 411-2319

Virginia Roanoke City County Roanoke 24013 Belmont

1114 Stewart Ave SE, Roanoke, VA

This home is located at 1114 Stewart Ave SE, Roanoke, VA 24013 since 05 October 2023. This property was built in 1916. 1114 Stewart Ave SE is a home located in Roanoke City with nearby schools including Fallon Park Elementary School, John P Fishwick Middle School, and William Fleming 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.

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