$187,000
SOLD JUN 13, 2025

1602 Eastern Ave NE Unit & 1604 Roanoke, VA 24012

Wildwood Neighborhood
-- Bed
-- Bath
1,726 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$108 Per Sq Ft

6% Below List Price

28 Days on Market

Highlights

  • No HOA
  • Google Fiber
  • High Speed Internet

About This Home

As of June 2025

Discover the potential of this unique duplex, featuring two separate units, each with 2 bedrooms and 1 bathroom. With a little love and attention, these units could transform into long-term rental opportunities or a fantastic addition to your investment portfolio.This property also offers an exciting chance for savvy buyers--live in one unit while renting out the other to enjoy the benefits of living mortgage-free. It's a rare opportunity to create both a home and a steady income stream in one package. The possibilities are endless!

Last Agent to Sell the Property

Robert Kern

REAL BROKER LLC - MCLEAN License #0225247256 Listed on: 04/08/2025

REAL BROKER LLC - MCLEAN

Last Buyer's Agent

Sofiia Melnyk

COLDWELL BANKER TOWNSIDE, REALTORS(r) License #0225245546

COLDWELL BANKER TOWNSIDE, REALTORS(r)

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,237

Year Built

  • Built in 1974

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • 2 Parking Spaces

Home Design

  • 1,726 Sq Ft Home
  • Duplex
  • Brick Exterior Construction
  • Slab Foundation

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities, cable TV, electricity
  • Legal Lot and Block 6A / 12

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Google Fiber

Building Details

  • Operating Expense $4,157
  • Gross Income $25,200
  • Net Operating Income $20,119

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,237

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: Heat Pump Electric
  • CondoAssocYN: No
  • Internet Access: Fiber
  • Major Area: 01 - City of Roanoke
  • NumberUnfurnished: 2.00
  • NumberVehicleSpaces: 2.00
  • Hoa2 Or Poa: No
  • RatifiedContractDt: 2025-05-09
  • TotalAnnualExpen: 4157.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • 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

Association/Amenities

  • Amenities Common: Cable TV

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: 6A
  • Present Use: Built-As
  • Phase: 2

Building Info

  • Year Built: 1974

Tax Info

  • Taxes (6 mo): 2237.00
  • FILLTAXID: 322-2006

Multi Family

  • Lease Type: Other - See Remarks
  • Tenant Pays: All Utilities, Cable TV, Electricity
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

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

Range of Values:

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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
06/13/2025 06/13/25 Sold $187,000 -6.5% $108 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
04/10/2025 04/10/25 For Sale $199,950 -- $116 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 915989

Roanoke Valley Association of REALTORS®