1608 Eastern Ave NE Roanoke, VA 24012
Wildwood NeighborhoodEstimated payment $1,143/month
About This Home
Investor special in NE Roanoke. This duplex offers two separate 2BR/1BA units, each equipped with an electric stove, refrigerator, washer, and dryer. Property does need TLC, particularly on the exterior, but it wouldn't take much to turn this into a strong income‑producing asset. Great opportunity for value‑add investors looking to improve and increase rental potential. Being sold as‑is, with solid upside for anyone ready to bring it back to life. Convenient location near downtown, transit, and major employment centers makes it appealing for long‑term tenants.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,232
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
- Hardboard
Schools
- Fallon Park Elementary School
- John P. Fishwick Middle School
- William Fleming High School
Utilities
- Heat Pump System
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 8A / 12
Community Details
Overview
- No Home Owners Association
- 2 Units
- Jackson Park Subdivision
Building Details
- Operating Expense $4,157
- Gross Income $25,200
- Net Operating Income $20,119
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $2,464 | $175,500 | $31,500 | $144,000 |
| 2024 | $2,464 | $157,500 | $25,400 | $132,100 |
| 2023 | $2,237 | $127,400 | $17,300 | $110,100 |
| 2022 | $1,768 | $120,800 | $12,900 | $107,900 |
| 2021 | $1,319 | $108,100 | $11,800 | $96,300 |
| 2020 | $1,538 | $105,000 | $11,500 | $93,500 |
| 2019 | $1,512 | $102,900 | $11,200 | $91,700 |
| 2018 | $1,490 | $101,100 | $11,200 | $89,900 |
| 2017 | $1,208 | $93,700 | $10,500 | $83,200 |
| 2016 | $1,132 | $87,500 | $10,500 | $77,000 |
| 2015 | $947 | $83,100 | $10,500 | $72,600 |
| 2014 | $947 | $83,100 | $10,500 | $72,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/27/2026 02/27/26 | Pending | -- | -- | -- |
| 02/12/2026 02/12/26 | For Sale | $199,950 | -- | $116 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
MLS Number: 924574
APN: 322-2008
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.
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.
- 1634 Eastern Ave NE
- 1710 Wallace Ave NE
- 0 Archbold Ave NE Unit 925036
- 1427 Varnell Ave NE
- 0 15th St NE
- 717 -719 Bibb St NE
- 1426 Varnell Ave NE
- 1408 Varnell Ave NE
- 421 7th St
- 415 7th St
- 2126 Carvin St NE
- 1516 19th St NE
- 2201 Carvin St NE
- 1608 Eastgate Ave NE
- 0 Templeton Ave NE
- 434 Dale Ave
- 453 Dale Ave
- 1905 Eastgate Ave NE
- 0 Orange Ave NE
- 0 Moir St NE
Ask me questions while you tour the home.