803 King James St SW Roanoke, VA 24014
Franklin-Colonial NeighborhoodEstimated payment $66,494/month
Highlights
- 11.34 Acre Lot
- No HOA
- Forced Air Heating System
About This Home
Williamsburg Manor is an 82-unit apartment and townhouse community located South Roanoke. The property spans approximately 11.34 acres and includes twenty-five buildings arranged in a neighborhood-style setting with rolling lawns and pedestrian walkways.The community features a diverse unit mix of apartments, townhomes, cottages, and single-family homes. Portions of the development were completed in the late 1970s, with additional phases delivered in the 1990s, including brick and vinyl-sided townhomes with garages.Williamsburg Manor is located less than one mile from US-220/I-581 with convenient access to Tanglewood Mall, the Virginia Tech Carilion Biomedical Research Center, and Downtown Roanoke.Detailed Offering Memorandum in documents tab.
Listing Agent
INVESTORS REAL ESTATE PARTNERS LLC License #0225277798 Listed on: 03/03/2026
Property Details
Home Type
- Apartment
Est. Annual Taxes
- $107,633
Year Built
- Built in 1972
Lot Details
- 11.34 Acre Lot
Home Design
- 127,900 Sq Ft Home
- Brick Exterior Construction
- Slab Foundation
Schools
- Crystal Spring Elementary School
- James Madison Middle School
- Patrick Henry High School
Utilities
- Forced Air Heating System
- Heat Pump System
- Water Heater
- Cable TV Available
Community Details
Overview
- No Home Owners Association
- 82 Units
Building Details
- 74 Leased Units
- Operating Expense $407,497
- Gross Income $1,176,000
- Net Operating Income $724,000
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 |
|---|---|---|---|---|
| 2025 | $76,090 | $5,901,700 | $453,500 | $5,448,200 |
| 2024 | $76,090 | $5,551,600 | $362,800 | $5,188,800 |
| 2023 | $71,537 | $5,271,500 | $329,800 | $4,941,700 |
| 2022 | $58,958 | $4,589,900 | $329,800 | $4,260,100 |
| 2021 | $57,516 | $4,506,400 | $329,800 | $4,176,600 |
| 2020 | $57,516 | $4,506,400 | $329,800 | $4,176,600 |
| 2019 | $55,767 | $4,363,000 | $265,000 | $4,098,000 |
| 2018 | $53,311 | $4,167,900 | $265,000 | $3,902,900 |
| 2017 | $50,616 | $3,947,000 | $265,000 | $3,682,000 |
| 2016 | $49,319 | $3,839,800 | $265,000 | $3,574,800 |
| 2015 | $42,087 | $3,769,700 | $265,000 | $3,504,700 |
| 2014 | $42,087 | $3,667,600 | $265,000 | $3,402,600 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/03/2026 03/03/26 | For Sale | $11,200,000 | -- | $88 / Sq Ft |
Source: Roanoke Valley Association of REALTORS®
MLS Number: 925126
APN: 550-0113
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