$395,000

718 Windsor Ave SW Unit 1-4 Roanoke, VA 24015

Wasena Neighborhood

Estimated payment $2,424/month

Total Views 543
-- Bed
-- Bath
2,128 Sq Ft
$186 Price per Sq Ft

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • High Speed Internet
  • Google Fiber

About This Home

718 Windsor Avenue SW is a brick exterior, income-producing four-unit apartment building nestled in the walkable Wasena area of Southwest Roanoke--situated just minutes from downtown, Towers Shopping Center, and the VA Tech Carilion medical complex. This is a real estate first timer's gem, offering four compact apartments with similar layouts and finishes with ideal Roanoke convenience and neighborhood charm. The property features four 1-bed, 1-bath units, ideal for hassle-free management and turnkey rental income. Landlord covers water and sewer only. Each unit has its own HVAC system. The most recently renovated unit (A) leases for $850 per month. B, C and D rent for $675, $650 and $750 respectively although D is vacant effective September 1st. See Documents tab for financials.

Listing Agent

Jason Fountain

VRC PROPERTIES LLC License #0225077081 Listed on: 09/06/2025

Co-Listing Agent

Steve Zegarski

VRC PROPERTIES LLC License #0225245213

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,835

Year Built

  • Built in 1973

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 146

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 2,128 Sq Ft Home
  • Crawl Space

Schools

  • Wasena Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 9 / 4

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Amenities

  • Google Fiber

Building Details

  • 3 Leased Units
  • Electric Expense $300
  • Insurance Expense $1,600
  • Maintenance Expense $2,759
  • Manager Expense $2,069
  • Other Expense $500
  • Water Sewer Expense $1,150
  • New Taxes Expense $3,835
  • Operating Expense $12,278
  • Gross Income $36,300
  • Net Operating Income $22,207

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,835

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Heating System: Forced Air Electric
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: Central Cooling
  • CondoAssocYN: No
  • ExpensesManagementExp: 2069.00
  • ExpensesOtherExp: 500.00
  • ExpensesTaxExp: 3835.00
  • Internet Access: Cable, Fiber
  • Major Area: 01 - City of Roanoke
  • MiscellaneousInfoPublicTransport: Yes
  • NumberLeasedUnits: 3.00
  • NumberUnfurnished: 4.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 12278.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Expenses Water Exp: 1150.00
  • Water Description: Public Water
  • Water Heater Type: Tank

Schools

  • Elementary School: Wasena
  • Middle School: James Madison
  • High School: Patrick Henry

Lot Info

  • Lot Dimensions: 50 x 146
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.17
  • Lot: 9
  • Present Use: Built-As
  • ZoningCode: RM-2

Building Info

  • Year Built: 1973

Tax Info

  • Taxes (6 mo): 3835.00
  • FILLTAXID: 1250516

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Air Conditioning, Electricity, Heating
  • Units In Building: 4.00
  • Multi Family Type: Quad

MLS Schools

  • Elementary School: Wasena
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Map

Range of Values:

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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
09/06/2025 09/06/25 For Sale $395,000 -- $186 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Source: Roanoke Valley Association of REALTORS®

MLS Number: 920826

Roanoke Valley Association of REALTORS®
Virginia Roanoke City County Roanoke 24015 Wasena

718 Windsor Ave SW Unit 1-4, Roanoke, VA

This home is located at 718 Windsor Ave SW Unit 1-4, Roanoke, VA 24015 and is currently priced at $395,000, approximately $185 per square foot. This property was built in 1973. 718 Windsor Ave SW Unit 1-4 is a home located in Roanoke City with nearby schools including Wasena Elementary School, James Madison Middle School, and Patrick Henry High School.

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) 802-4946