$600,000

Estimated payment $3,597/month

Total Views 3,285
-- Bed
-- Bath
4,650 Sq Ft
$129 Price per Sq Ft

About This Home

Solid performing building. All are 2br/1ba. Community laundry in the basement. All units occupied. Rent roll is attached to documents. Complete tenant histories available - no defaults. No existing lease violations. We have up to date financials and recent inspections in PDF format that can be sent to qualified parties. Roof is solid and has a clean bill of health. You are welcomed to walk grounds and common areas - and we can send you inspection reports. However, no units will be shown until buyer and seller come to terms.

Listing Agent

Jason Roggensee

THE GRANDIN AGENCY License #0225217008 Listed on: 07/25/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,796

Year Built

  • Built in 1948

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 75x166

Parking

  • 10 Parking Spaces

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 4,650 Sq Ft Home
  • Basement Fills Entire Space Under The House

Schools

  • Preston Park Elementary School
  • James Breckinridge Middle School
  • William Fleming High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System

Community Details

Overview

  • No Home Owners Association
  • 6 Units

Building Details

  • 6 Leased Units
  • Operating Expense $10,061
  • Gross Income $41,981
  • Net Operating Income $31,920

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,796

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Multi-Family
  • Has Basement: Full Basement
  • Cooling System: Window A/C
  • CondoAssocYN: No
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 6.00
  • NumberUnfurnished: 6.00
  • NumberVehicleSpaces: 10.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 10060.80
  • Water Class: N/A
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Private (10 or More)

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water

Schools

  • Elementary School: Preston Park
  • Middle School: James Breckinridge
  • High School: William Fleming

Lot Info

  • Lot Dimensions: 75x166
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.29

Building Info

  • Year Built: 1948

Tax Info

  • Taxes (6 mo): 4795.82
  • FILLTAXID: 2161111

Multi Family

  • Tenant Pays: Electricity, Gas, Heating
  • Units In Building: 6.00
  • Multi Family Type: Apartments

MLS Schools

  • Elementary School: Preston Park
  • HighSchool: William Fleming
  • Middle School: James Breckinridge

Map

Range of Values:

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Average Value
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List Price
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
07/25/2025 07/25/25 For Sale $600,000 +100.0% $129 / Sq Ft
09/12/2019 09/12/19 Sold $300,000 -6.0% $65 / Sq Ft
07/12/2019 07/12/19 Pending -- -- --
04/10/2019 04/10/19 For Sale $319,000 -- $69 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Source: Roanoke Valley Association of REALTORS®

MLS Number: 919498

Roanoke Valley Association of REALTORS®

APN: 216-1111