$179,950

515 Albemarle Ave SE Roanoke, VA 24013

Morningside Neighborhood

Estimated payment $1,052/month

Total Views 28,579
-- Bed
-- Bath
1,776 Sq Ft
$101 Price per Sq Ft

About This Home

Rare turnkey duplex -both sides vacant and ready NOW! Ideal for house-hacking (live in one, rent the other & kiss your mortgage goodbye) or instant double cash flow. Each unit offers 3 spacious bedrooms, 1 full bath, in-unit washer/dryer hookups, and beautiful LVP + hardwood floors throughout. Upper unit features a brand-new heat pump for year-round comfort and efficiency. Property-wide upgrades include a new roof, insulated replacement windows, added insulation for ultra-low utility bills, and a brand-new handicap-accessible walk-in shower in the lower unit. Enjoy a huge level lot perfect for relaxing or entertaining, plenty of off-street parking, and separately metered utilities (tenants pay their own!). Fully updated, energy-efficient, and priced to move fast in today's market - this

Listing Agent

Brad Thomas

MOUNTAIN VIEW REAL ESTATE LLC License #0225188833 Listed on: 09/26/2025

Co-Listing Agent

William Eric Thomas

MOUNTAIN VIEW REAL ESTATE LLC License #0225057075

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,298

Year Built

  • Built in 1925

Lot Details

  • 6,098 Sq Ft Lot

Home Design

  • 1,776 Sq Ft Home
  • Duplex

Schools

  • Morningside Elementary School
  • John P. Fishwick Middle School
  • Patrick Henry High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Basement

Listing and Financial Details

  • Legal Lot and Block 25 / 6

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • Gross Income $22,920
  • Net Operating Income $22,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,298

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Multi-Family
  • Has Basement: Partial
  • Cooling System: Heat Pump Electric
  • CondoAssocYN: No
  • Internet Access: Cable
  • InternetAccessCurntInternetProv: COX
  • Major Area: 01 - City of Roanoke
  • MiscellaneousInfoPublicTransport: Yes
  • NumberLeasedUnits: 2.00
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • 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: Other - See Remarks

Utilities

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

Association/Amenities

  • Misc Features: Pet Allowed

Lot Info

  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.14
  • Lot: 25
  • Present Use: Converted

Building Info

  • Year Built: 1925

Tax Info

  • Taxes (6 mo): 1298.00

Multi Family

  • Tenant Pays: Sewer, Water
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Morningside
  • HighSchool: Patrick Henry
  • Middle School: John P. Fishwick

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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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
09/26/2025 09/26/25 For Sale $179,950 +499.6% $101 / Sq Ft
12/06/2013 12/06/13 Sold $30,010 +18.9% $17 / Sq Ft View Prior Sale
11/07/2013 11/07/13 Pending -- -- --
10/17/2013 10/17/13 For Sale $25,245 -- $14 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Source: Roanoke Valley Association of REALTORS®

MLS Number: 921356

Roanoke Valley Association of REALTORS®

APN: 402-2404

Virginia Roanoke City County Roanoke 24013 Morningside

515 Albemarle Ave SE, Roanoke, VA

For Sale

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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.

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Brad Thomas
Listing Agent
Brad Thomas
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MOUNTAIN VIEW REAL ESTATE LLC
(540) 924-1734