$305,000
SOLD NOV 5, 2025
-- Bed
-- Bath
2,184 Sq Ft
12,632 Sq Ft Lot

Recently Sold

$140 Per Sq Ft

6% Below List Price

24 Days on Market

About This Home

As of November 2025

Investment opportunity in the heart of Roanoke! This classic all-brick 4-unit building offers four spacious 1-bedroom, 1-bathroom apartments, each with a functional layout and plenty of natural light. With a strong rental history and excellent potential for long-term cash flow, this property is an ideal addition to any investor's portfolio.

Last Agent to Sell the Property

Michael Belcher

KELLER WILLIAMS REALTY ROANOKE License #0225259605 Listed on: 09/08/2025

KELLER WILLIAMS REALTY ROANOKE

Last Buyer's Agent

Jonathan Lazaro

LAZARO REAL ESTATE License #0225250009

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,525

Year Built

  • Built in 1970

Lot Details

  • 12,632 Sq Ft Lot

Home Design

  • 2,184 Sq Ft Home
  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation

Schools

  • Lincoln Terrace Elementary School
  • Lucy Addison Middle School
  • William Fleming High School

Utilities

  • No Cooling
  • Baseboard Heating

Listing and Financial Details

  • Tenant pays for deposit, electricity
  • Legal Lot and Block 14 / 2

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Oakland Subdivision

Building Details

  • 4 Leased Units
  • Operating Expense $5,905
  • Gross Income $28,997
  • Net Operating Income $34,903

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,525

Year Built

Built in 1970

Lot Details

0.29 Acres

Listing Details

  • Heating System: Baseboard Electric
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: None
  • CondoAssocYN: No
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 4.00
  • NumberUnfurnished: 4.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 5905.40
  • Water Class: N/A
  • 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

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.29
  • Lot: 14

Building Info

  • Year Built: 1970

Tax Info

  • Taxes (6 mo): 2525.40

Multi Family

  • Tenant Pays: Deposit, Electricity
  • Units In Building: 4.00
  • Multi Family Type: Quad

MLS Schools

  • Elementary School: Lincoln Terrace
  • HighSchool: William Fleming
  • Middle School: Lucy Addison
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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 List to Sale Price per Sq Ft Prior Sale
11/05/2025 11/05/25 Sold $305,000 -6.2% $140 / Sq Ft
10/02/2025 10/02/25 Pending -- -- --
09/08/2025 09/08/25 For Sale $325,000 +51.2% $149 / Sq Ft
01/29/2024 01/29/24 Sold $215,000 0.0% $98 / Sq Ft View Prior Sale
01/15/2024 01/15/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $215,000 -- $98 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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
2026 $2,525 $207,000 $33,700 $173,300
2025 $2,930 $207,000 $33,700 $173,300
2024 $2,930 $196,100 $31,100 $165,000
2023 $2,757 $178,300 $25,500 $152,800
2022 $2,176 $151,200 $22,000 $129,200
2021 $1,961 $134,900 $19,500 $115,400
2020 $1,935 $134,900 $19,500 $115,400
2019 $1,935 $134,900 $19,500 $115,400
2018 $1,881 $130,500 $19,500 $111,000
2017 $1,637 $126,200 $19,500 $106,700
2016 $1,599 $123,100 $19,500 $103,600
2015 $1,263 $116,300 $19,500 $96,800
2014 $1,263 $111,700 $19,500 $92,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 920781

Roanoke Valley Association of REALTORS®

APN: 311-0115

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