$339,995
PENDING

1802 Patterson Ave SW Roanoke, VA 24016

Hurt Park Neighborhood

Estimated payment $2,123/month

Total Views 5,212
-- Bed
-- Bath
6,574 Sq Ft
$52 Price per Sq Ft

Highlights

  • City View
  • Baseboard Heating
  • 3-minute walk to Hurt Park Community Gardens
  • No HOA

About This Home

Investors! Don't let this opportunity pass you up! This 6 unit property is full of potential for future earnings! The building has had a full remodel with vinyl siding, new roof, replacement windows, and flooring. Each unit has a balcony with one unit that has an extra porch on the side of the building.

Listing Agent

Eric Gilliard

KELLER WILLIAMS REALTY ROANOKE License #0225183249 Listed on: 07/01/2025

KELLER WILLIAMS REALTY ROANOKE

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1900

Lot Details

  • 7,405 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 6,574 Sq Ft Home
  • City Views
  • Basement Fills Entire Space Under The House

Schools

  • Hurt Park Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Baseboard Heating
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 1 / 27

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • Operating Expense $2,160
  • Gross Income $21,600
  • Net Operating Income $19,440

Property Details

Home Type

Apartment

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Heating System: Baseboard Electric
  • Type: Multi-Family
  • Has Basement: Full Basement
  • Cooling System: Window A/C
  • Views: City
  • CondoAssocYN: No
  • Internet Access: Cable
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 6.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 2160.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Street

Utilities

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

Association/Amenities

  • Misc Features: Maint-Free Exterior
  • Amenities Common: Cable TV

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.17
  • Lot: 1

Building Info

  • Year Built: 1900

Tax Info

  • Taxes (6 mo): 1313608.00

Multi Family

  • Lease Type: Month-to-Month
  • Tenant Pays: Electricity
  • Units In Building: 6.00
  • Multi Family Type: Apartments

MLS Schools

  • Elementary School: Hurt Park
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List 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 List to Sale Price per Sq Ft
10/10/2025 10/10/25 Pending -- -- --
07/01/2025 07/01/25 For Sale $339,995 -- $52 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Source: Roanoke Valley Association of REALTORS®

MLS Number: 918811

Roanoke Valley Association of REALTORS®

APN: 131-3608

Virginia Roanoke City County Roanoke 24016 Hurt Park

1802 Patterson Ave SW, Roanoke, VA

Pending

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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.

Nearby Homes
Listing Agent
Eric Gilliard
Section Image
KELLER WILLIAMS REALTY ROANOKE
(540) 501-5057