NOT LISTED FOR SALE

1501 7th St SE Roanoke, VA 24013

Morningside Neighborhood
3 Beds
2 Baths
1,632 Sq Ft
4,356 Sq Ft Lot

Sale Details

Date Sold: October 29, 2025

Last sale price $176,500 $108 Per Sq Ft

4 Days on Market

About This Home

As of October 2025

This cash-flowing duplex, conveniently located in Southeast Roanoke, offers a promising investment opportunity. The upper unit comprises three bedrooms and one bathroom, currently rented at $1,150. Meanwhile, the lower unit features two bedrooms and one bathroom, most recently leased at $1,025. With a motivated seller, this property is an excellent chance for investors to step into a strong income-producing asset.

Last Agent to Sell the Property

Payne Bowen

KELLER WILLIAMS REALTY ROANOKE License #0225260551 Listed on: 09/08/2025

KELLER WILLIAMS REALTY ROANOKE

Co-Listed By

Michael Belcher

KELLER WILLIAMS REALTY ROANOKE License #0225259605

Last Buyer's Agent

Grant Cockrell

RE/MAX ALL STARS License #0225175737

RE/MAX ALL STARS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,881

Year Built

  • Built in 1928

Lot Details

  • 4,356 Sq Ft Lot

Home Design

  • 1,632 Sq Ft Home
  • Duplex

Schools

  • Morningside Elementary School
  • John P. Fishwick Middle School
  • Patrick Henry High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater

Additional Features

  • Basement

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 12 / 9

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 1 Leased Unit
  • Gross Income $13,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,881

Year Built

Built in 1928

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Heating System: Forced Air Gas
  • Type: Multi-Family
  • Has Basement: Partial
  • Cooling System: None
  • CondoAssocYN: No
  • Major Area: 01 - City of Roanoke
  • MiscellaneousInfoPublicTransport: Yes
  • NumberLeasedUnits: 1.00
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • 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: On Street

Utilities

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

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.10
  • Lot: 12
  • Present Use: Converted

Building Info

  • Year Built: 1928

Tax Info

  • Taxes (6 mo): 1881.00

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Electricity
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Morningside
  • HighSchool: Patrick Henry
  • Middle School: John P. Fishwick

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2025
Closed on
Oct 28, 2025
Sold by
Bought by
Seller's Agent
Payne Bowen
KELLER WILLIAMS REALTY ROANOKE
Buyer's Agent
Grant Cockrell
RE/MAX ALL STARS
List Price
$185,000
Sold Price
$176,500
Premium/Discount to List
-$8,500
-4.59%
Views
13

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,200
Interest Rate
0.0626%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 13, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
0.0633%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 17, 2020
Closed on
Feb 3, 2021
Sold by
Bought by
Seller's Agent
Jason Roggensee
THE GRANDIN AGENCY
Buyer's Agent
Jenn Fountain
NEST REALTY ROANOKE
List Price
$85,000
Sold Price
$99,000
Premium/Discount to List
$14,000
16.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
0.026%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Nov 17, 2020
Closed on
Dec 9, 2020
Sold by
Bought by
Seller's Agent
Jason Roggensee
THE GRANDIN AGENCY
Buyer's Agent
Jenn Fountain
NEST REALTY ROANOKE
List Price
$85,000
Sold Price
$99,000
Premium/Discount to List
$14,000
16.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
0.026%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 26, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
0.0648%
Mortgage Type
Commercial
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$176,500 First American Title
$120,000 Fidelity National Title
-- None Available
$99,000 Investors Title Insurance Co
$79,500 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $141,200
Previous Owner $161,500
Previous Owner $120,000
Previous Owner $65,000
Previous Owner $79,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/29/2025 10/29/25 Sold $176,500 -4.6% $108 / Sq Ft
09/12/2025 09/12/25 Pending -- -- --
09/08/2025 09/08/25 For Sale $185,000 +86.9% $113 / Sq Ft
12/10/2020 12/10/20 Sold $99,000 +16.5% $61 / Sq Ft View Prior Sale
11/24/2020 11/24/20 Pending -- -- --
11/17/2020 11/17/20 For Sale $85,000 +246.9% $52 / Sq Ft
02/12/2016 02/12/16 Sold $24,500 -43.0% $15 / Sq Ft View Prior Sale
01/30/2016 01/30/16 Pending -- -- --
11/26/2015 11/26/15 For Sale $43,000 -- $26 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $1,879 $154,000 $23,100 $130,900
2025 $2,149 $154,000 $23,100 $130,900
2024 $2,149 $132,300 $18,500 $113,800
2023 $1,881 $106,500 $15,500 $91,000
2022 $1,486 $100,800 $14,100 $86,700
2021 $815 $66,800 $11,200 $55,600
2020 $989 $62,700 $11,200 $51,500
2019 $917 $56,800 $11,200 $45,600
2018 $917 $56,800 $11,200 $45,600
2017 $679 $53,000 $11,200 $41,800
2016 $679 $53,000 $11,200 $41,800
2015 $657 $53,000 $11,200 $41,800
2014 $657 $53,000 $11,200 $41,800
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2025

    Payne Bowen

    KELLER WILLIAMS REALTY ROANOKE

    (276) 768-6830

    2 in this area

    16 Total Sales

    Payne Bowen
    Section Image
  • Michael Belcher

    Seller Co-Listing Agent in 2025

    Michael Belcher

    KELLER WILLIAMS REALTY ROANOKE

    (540) 314-5855

    7 in this area

    309 Total Sales

    Michael Belcher
    Section Image
  • Grant Cockrell

    Buyer's Agent in 2025

    Grant Cockrell

    RE/MAX

    (540) 580-8232

    3 in this area

    189 Total Sales

    Grant Cockrell
    Section Image

  • J

    Seller's Agent in 2020

    Jason Roggensee

    THE GRANDIN AGENCY

    (540) 243-6940

    38 Total Sales

    Jason Roggensee
    Section Image

  • J

    Seller Co-Listing Agent in 2020

    Jacob Price

    EXP REALTY LLC - STAFFORD

    (540) 798-2303

    8 Total Sales

    Jacob Price
    Section Image

  • J

    Buyer's Agent in 2020

    Jenn Fountain

    NEST REALTY ROANOKE

    (540) 314-0029

    62 Total Sales

    Jenn Fountain
    Section Image
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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 920802

Roanoke Valley Association of REALTORS®

APN: 414-1503

Virginia Roanoke City County Roanoke 24013 Morningside

1501 7th St SE, Roanoke, VA

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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