514 9th St SE Roanoke, VA 24013
Belmont NeighborhoodEstimated payment $648/month
About This Home
Duplex investment with newer roof, siding, electric baseboard heaters, windows, plumbing, and electric panels done around 2022! Huge value add for an investor adding to their portfolio or house hack and live in one side an offset your mortgage by renting the other side! This unit has separate electric meters but one water meter. Previously rented at 1,000 per unit.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $465
Year Built
- Built in 1925
Lot Details
- 4,356 Sq Ft Lot
Parking
- Unpaved Parking
Home Design
- 1,230 Sq Ft Home
- Duplex
Schools
- Fallon Park Elementary School
- John P. Fishwick Middle School
- William Fleming High School
Utilities
- Baseboard Heating
- Electric Water Heater
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Operating Expense $3,000
- Gross Income $24,000
- Net Operating Income $21,000
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 |
|---|---|---|---|---|
| 2026 | $2,220 | $182,000 | $19,800 | $162,200 |
| 2025 | $2,474 | $182,000 | $19,800 | $162,200 |
| 2024 | $2,474 | $170,000 | $19,800 | $150,200 |
| 2023 | $465 | $38,100 | $18,000 | $20,100 |
| 2022 | $599 | $38,100 | $18,000 | $20,100 |
| 2021 | $569 | $35,900 | $16,500 | $19,400 |
| 2020 | $556 | $35,900 | $16,500 | $19,400 |
| 2019 | $632 | $42,200 | $16,500 | $25,700 |
| 2018 | $596 | $39,200 | $16,000 | $23,200 |
| 2017 | $500 | $39,200 | $16,000 | $23,200 |
| 2016 | $500 | $39,200 | $16,000 | $23,200 |
| 2015 | $483 | $39,200 | $16,000 | $23,200 |
| 2014 | $483 | $39,200 | $16,000 | $23,200 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/17/2026 04/17/26 | For Sale | $115,000 | +15.0% | $93 / Sq Ft | |
| 04/14/2023 04/14/23 | Sold | $100,000 | -16.7% | $81 / Sq Ft | View Prior Sale |
| 04/09/2023 04/09/23 | Pending | -- | -- | -- | |
| 03/18/2023 03/18/23 | For Sale | $120,000 | -- | $98 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
MLS Number: 926625
APN: 412-0205
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Ask me questions while you tour the home.