$349,000
PENDING

4514 Grandin Rd SW Unit & 4516 Roanoke, VA 24018

Greater Deyerle Neighborhood

Estimated payment $2,107/month

Total Views 629
-- Bed
-- Bath
2,436 Sq Ft
$143 Price per Sq Ft

Highlights

  • No HOA
  • Grandin Court Elementary School Rated A-
  • Central Air

About This Home

Situated in Roanoke's sought-after Deyerle neighborhood, 4514-4516 Grandin Road SW offers investors the chance to acquire a well-maintained, townhouse-style duplex with proven rental appeal. Built in 2002, the property spans approximately 2,436 square feet on a 0.28-acre lot and features separately metered units, each with in-unit laundry, dishwashers, private balconies, and durable low-maintenance exteriors. The property has a strong rental track record, with the owner covering lawn care and water/sewer while tenants pay all other utilities. Directly next door, 4510-4512 Grandin Road SW--also available from the same owner--mirrors the layout with a two-bedroom, two-bath design that combines efficient construction with dependable tenancy. With market rents estimated at $1,693 per month.

Listing Agent

Jason Fountain

VRC PROPERTIES LLC License #0225077081 Listed on: 09/24/2025

Co-Listing Agent

Steve Zegarski

VRC PROPERTIES LLC License #0225245213

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,362

Year Built

  • Built in 2002

Lot Details

  • 0.29 Acre Lot

Home Design

  • 2,436 Sq Ft Home
  • Duplex
  • Slab Foundation

Schools

  • Grandin Court Elementary School
  • Woodrow Wilson Middle School
  • Patrick Henry High School

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Operating Expense $11,230
  • Gross Income $30,600
  • Net Operating Income $17,570

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,362

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Slab
  • Cooling System: Central Cooling
  • CondoAssocYN: No
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 11230.00
  • 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

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.29
  • Present Use: Built-As
  • Phase: 2
  • ZoningCode: R-12

Building Info

  • Year Built: 2002

Tax Info

  • Taxes (6 mo): 3362.00

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Electricity
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Grandin Court
  • HighSchool: Patrick Henry
  • Middle School: Woodrow Wilson

Map

Range of Values:

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Average Value
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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
10/03/2025 10/03/25 Pending -- -- --
09/24/2025 09/24/25 For Sale $349,000 +67.2% $143 / Sq Ft
08/05/2019 08/05/19 Sold $208,750 -2.9% $86 / Sq Ft View Prior Sale
06/27/2019 06/27/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $215,000 -- $88 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Source: Roanoke Valley Association of REALTORS®

MLS Number: 921337

Roanoke Valley Association of REALTORS®

APN: 509-0185

Virginia Roanoke City County Roanoke 24018 Greater Deyerle

4514 Grandin Rd SW Unit & 4516, Roanoke, VA

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.

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.

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Jason Fountain
Listing Agent
Jason Fountain
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VRC PROPERTIES LLC
(540) 619-5340