Investment - Homes for Sale in Roanoke, VA

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  $120,000

  • 1,512 Sq Ft

  1508 Church Ave SE, Roanoke, VA 24013

  This fully occupied duplex offers a fantastic opportunity for investors looking to expand their portfolio. The property features two units: a spacious 2-bedroom, 1-bath unit and a cozy 1-bedroom, 1-bath unit--both with long-term tenants in place, providing steady rental income from day one.While the units are in need of some TLC, they offer great potential for value-add improvements and increased

  

  Robert Kern

  REAL BROKER LLC - MCLEAN

  (540) 346-3470

  1508 Church Ave SE, Roanoke, VA 24013
• 

  Explore Roanoke

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  /19

  $129,000

  • 4 Beds
  • 2 Baths
  • 1,957 Sq Ft

  1302 Hanover Ave NW, Roanoke, VA 24017

  This all brick 4 bedroom, 2 bath home offers incredible potential for rehab or rental income. It has original hardwood floors, classic layout, fenced yard, and a nice big covered front porch. Great investment property or single family home.

  Bill Kern MKB, REALTORS(r)

  1302 Hanover Ave NW, Roanoke, VA 24017
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  /8

  $129,000

  • 2 Beds
  • 1 Bath
  • 1,106 Sq Ft

  2810 Courtland Rd NW, Roanoke, VA 24012

  Brick home conveniently located near Williamson Rd, Hershberger Rd, and downtown Roanoke. Currently rented month-to-month for $715/month, with either party able to terminate with 30 days' notice. New roof in 2024 and equipped with central heat and air. Main level offers a living room, dining room, and kitchen. Upstairs includes two bedrooms and a full bath. Basement houses the furnace, water

  Tina Friar KELLER WILLIAMS REALTY LYNCHBURG

  2810 Courtland Rd NW, Roanoke, VA 24012
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  /40

  $194,000 Open Sat 11AM - 1PM

  • 4 Beds
  • 1 Bath
  • 1,344 Sq Ft

  2429 Massachusetts Ave NW, Roanoke, VA 24017

  This 3-bedroom, 1-bath home offers 1,344 sq. ft. of living space and is full of potential. It features a spacious living layout with 6 total rooms, a full basement (over 1,300 sq. ft.), and a covered front porch perfect for relaxing evenings. The home's stucco exterior and gable roof add timeless charm, while the large lot provides ample outdoor space for gardening, play, or entertaining. Whether

  Michael Belcher KELLER WILLIAMS REALTY ROANOKE

  2429 Massachusetts Ave NW, Roanoke, VA 24017
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  $189,900

  • 2 Beds
  • 1 Bath
  • 868 Sq Ft

  4501 Surrey Ave NW, Roanoke, VA 24017

  Welcome to this beautifully updated home in Northwest Roanoke! This property blends comfort, efficiency, and style--perfect for first-time buyers or anyone seeking an affordable move-in ready home. Brand new siding for curb appeal and low maintenance, Energy-efficient insulated windows throughout, Modern central HVAC system for year-round comfort, Stylish quartz countertops in the kitchen,

  Brandon Bayse RE/MAX ALL STARS

  4501 Surrey Ave NW, Roanoke, VA 24017
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  /3

  $169,750

  • 3 Beds
  • 2 Baths
  • 1,909 Sq Ft

  323 Whittaker Ave NE, Roanoke, VA 24012

  Golden investment opportunity! This spacious home offers over 1,900 square feet and is well-suited for an investor or buyer ready to customize and improve. The property features full kitchen hookups on both the main and lower levels, along with some existing counters and appliances, making it easily convertible into at least two separate units. The lower level also has a separate exterior

  Roman Powers Real Broker, LLC

  323 Whittaker Ave NE, Roanoke, VA 24012
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  /25

  $141,950

  • 3 Beds
  • 1.5 Baths
  • 1,230 Sq Ft

  302 Patton Ave NW, Roanoke, VA 24016

  Great investment property or single family home. Two story, with three bedrooms, one-full bath and one half bath. Features one bedroom on the main level, along with an eat-in-kitchen and large family room. Half bath on the main level. Two bedrooms upstairs with spacious full bath. Excellent corner lot and exterior led partial basement.

  Robert Hartman REALSTAR, REALTORS(r) LLC

  302 Patton Ave NW, Roanoke, VA 24016
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  $169,888

  • 3 Beds
  • 1 Bath
  • 992 Sq Ft

  1518 Tazewell Ave SE, Roanoke, VA 24013

  Enjoy stunning mountain views and even a glimpse of the iconic Mill Mountain Star, all within walking distance to vibrant downtown. This recently updated home offers the perfect blend of turn-of-the-20th-century charm and modern amenities - all with no HOA! The affordable price makes it ideal as a starter home or investment property. Inside you'll find a unique and flexible layout full of warm

  Preston Trail MKB, REALTORS(r)

  1518 Tazewell Ave SE, Roanoke, VA 24013
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  /21

  $150,000

  • 2 Beds
  • 1 Bath
  • 744 Sq Ft

  518 Patton Ave NW, Roanoke, VA 24016

  Check out this sweet cottage-style home! It's the perfect starter home or investment property. This 2 bedroom, one bath cutie has been recently renovated and is ready for its new owners to move in, enjoy coffee and the city view on the back porch, plant some spring flowers, and live where you love!

  Stacey Porter REAL BROKER LLC - MCLEAN

  518 Patton Ave NW, Roanoke, VA 24016
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  /13

  $130,950

  • 3 Beds
  • 1 Bath
  • 1,350 Sq Ft

  3938 Virginia Ave NW, Roanoke, VA 24017

  MOVE IN READY! FRESHLY PAINTED AND REPLACEMENT WINDOWS. NEW LVP FLOORS - FORCED AIR GAS HEAT - THREE BEDROOMS AND ONE FULL BATHROOM - CLOSE TO RESTAURANTS, PUBLIC TRANSPORTATION, AND GROCERY STORES - GREAT FIRST HOME OR INVESTMENT PROPERTY!

  Brad Thomas MOUNTAIN VIEW REAL ESTATE LLC

  3938 Virginia Ave NW, Roanoke, VA 24017
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  /4

  $129,750

  • 4 Beds
  • 2 Baths
  • 1,790 Sq Ft

  1229 Loudon Ave NW, Roanoke, VA 24017

  This 4-bedroom, 2-bath home offers 1,500+ sq. ft. of potential! Situated in a convenient location near downtown, this property is ideal for investors or buyers seeking a project. Features include a spacious floor plan, hardwood floors, and large windows for natural light. The home requires repairs and updates, making it an excellent opportunity to add your personal touch. Outside, enjoy a level

  Anthony Jennings IVELMAP REALTY LLC

  1229 Loudon Ave NW, Roanoke, VA 24017
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  /2

  $135,588

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  1905 Eastgate Ave NE, Roanoke, VA 24012

  GREAT INVESTMENT OPPORTUNITY. CURRENT TENANT PAYS $1055/MONTH plus 20/month pet fee. LEASED THRU 4.11.2026. 48 hour notification required for showings - Tenant occupied.

  Courtnee Bishop MKB, REALTORS(r)

  1905 Eastgate Ave NE, Roanoke, VA 24012
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  /9

  $185,000

  • 1,632 Sq Ft

  1501 7th St SE, Roanoke, VA 24013

  This cash-flowing duplex, conveniently located in Southeast Roanoke, offers a promising investment opportunity. The upper unit comprises three bedrooms and one bathroom, currently rented at $1,150. Meanwhile, the lower unit features two bedrooms and one bathroom, most recently leased at $1,025. With a motivated seller, this property is an excellent chance for investors to step into a strong

  Payne Bowen KELLER WILLIAMS REALTY ROANOKE

  1501 7th St SE, Roanoke, VA 24013
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  /6

  $325,000

  • 2,184 Sq Ft

  1630 Wayne St NE, Roanoke, VA 24012

  Investment opportunity in the heart of Roanoke! This classic all-brick 4-unit building offers four spacious 1-bedroom, 1-bathroom apartments, each with a functional layout and plenty of natural light. With a strong rental history and excellent potential for long-term cash flow, this property is an ideal addition to any investor's portfolio.

  Michael Belcher KELLER WILLIAMS REALTY ROANOKE

  1630 Wayne St NE, Roanoke, VA 24012
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  $299,900

  • 3 Beds
  • 3 Baths
  • 1,908 Sq Ft

  3121 Corbieshaw Rd SW, Roanoke, VA 24015

  Located on a quiet cul-de-sac just minutes from downtown, this 3BR/3BA contemporary home in Roanoke offers both modern updates and strong investment potential. Features include vaulted ceilings, Brazilian Cherry floors, skylights, and a fully renovated kitchen with granite counters and stainless appliances. With much of the interior already refreshed, this property is ideal for buyers seeking a

  Riley Hall EXP REALTY LLC - STAFFORD

  3121 Corbieshaw Rd SW, Roanoke, VA 24015
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  $51,000

  • 1 Bed
  • 1 Bath
  • 752 Sq Ft

  1124 Tazewell Ave SE, Roanoke, VA 24013

  Bring your vision and unlock the potential! This ''city cottage'' is ready for a little TLC to transform it into your dream space. Conveniently located, priced to move, and offering rare off-street parking- this is your chance to snag a smart investment and build instant equity.

  Renee Fonteneau NEST REALTY ROANOKE

  1124 Tazewell Ave SE, Roanoke, VA 24013
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  $250,000

  • 2,016 Sq Ft

  1327 Main St SW, Roanoke, VA 24015

  Charming and recently updated duplex situated in Wasena within easy walking distance of great SW City amenities! Boasting updated kitchen and baths, fresh paint and refinished hardwoods! Each unit includes 2 BR/ 1 bath. This duplex provides great opportunity as an investment property or to be an owner/landlord!

  Norm Pullen KELLER WILLIAMS REALTY ROANOKE

  1327 Main St SW, Roanoke, VA 24015
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  /18

  $74,900

  • 3 Beds
  • 2 Baths
  • 1,550 Sq Ft

  127 Patton Ave NW, Roanoke, VA 24016

  Investor opportunity! This property is ready for someone with vision to bring it back to life and unlock its true potential. With solid bones and a convenient location, it's an ideal project for a flip or a long-term rental. Whether you're looking to renovate and resell or add to your investment portfolio, this home offers plenty of upside and flexibility. Don't miss out on the chance to

  Todd Maxey KELLER WILLIAMS REALTY ROANOKE

  127 Patton Ave NW, Roanoke, VA 24016
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  /20

  $249,900

  • 2,407 Sq Ft

  403 Liberty Rd NE, Roanoke, VA 24012

  Remodeled Duplex - Ideal House Hack or Investment OpportunityThis versatile duplex offers the perfect setup for both investors and owner-occupants looking to offset their mortgage with rental income.The front unit is a fully remodeled 3-bedroom, 1-bath home, currently vacant and move-in ready. The rear unit is a 1-bedroom, 1-bath apartment with a long-term tenant currently rented at $725

  Todd Maxey KELLER WILLIAMS REALTY ROANOKE

  403 Liberty Rd NE, Roanoke, VA 24012
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  /20

  $176,700

  • 1,864 Sq Ft

  1114 Lafayette Blvd NW, Roanoke, VA 24017

  This turnkey investment property is a fantastic opportunity for house hacking or rental income! The well-maintained duplex features upgraded electrical wiring, freshly painted interiors and exteriors, and new architectural shingles on the main house, complemented by matching white shingles over the charming covered front porch. Both units offer laundry hookups, new vinyl tile, and luxury vinyl

  Brad Thomas MOUNTAIN VIEW REAL ESTATE LLC

  1114 Lafayette Blvd NW, Roanoke, VA 24017
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  /4

  $54,950

  • 2,296 Sq Ft

  1524 Melrose Ave NW, Roanoke, VA 24017

  This duplex is a solid as-is investment property with strong rental potential located in Northwest Roanoke. Featuring two units, this property is perfect for investors looking to add value through renovation and capitalize on Roanoke's growing rental market.Each unit offers spacious layouts and separate entrances, giving you flexibility to rent both or live in one while renting the other.

  Norman Domingo XREALTY.NET LLC

  1524 Melrose Ave NW, Roanoke, VA 24017
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  /2

  $59,750

  • Land
  • 0.86 Acre
  • $69,477 per Acre

  0 Howard Ave NE, Roanoke, VA 24012

  Unlock the possibilities with this spacious vacant lot just under one acre, nestled in a growing neighborhood full of potential. Whether you're looking to build your dream home, develop an investment property, or simply secure land in an up-and-coming area.Close to schools, shopping, and local amenities, this property is ideal for those with vision. Enjoy the peace of a residential setting with

  Damon Gettier REAL BROKER LLC - DGA-SALEM

  0 Howard Ave NE, Roanoke, VA 24012
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  /5

  $495,000

  • 4,516 Sq Ft

  433 Albemarle Ave SW, Roanoke, VA 24016

  Looking for an investment opportunity in the ever-popular Old SW community of Roanoke? This 5-unit garden home with carriage house is for you. With great demographics and nearby amenities, this property will always be desirable. Across from a school, walking distance to cafe's and the bus line, and a stones throw from Highland Park, tenants find this location quaint and peaceful. Take advantage

  Daniel Wickham WALKER REAL ESTATE SOLUTIONS

  433 Albemarle Ave SW, Roanoke, VA 24016
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  /21

  $176,700

  • 1,728 Sq Ft

  1202 Melrose Ave NW, Roanoke, VA 24017

  GREAT TURN KEY INVESTMENT APTS - UPGRADED ELECTRICAL WIRING - STORAGE IN ATTIC AND BASEMENT - NEWLY PAINTED METAL ROOF - NEW WATER HEATER FOR UPSTAIRS UNIT - FRESH PAINT INSIDE AND OUTSIDE - FRONT AND BACK PORCHES - NEW LUXURY VINYL TILE - NEAR BUS LINE - BLOWN IN INSULATION IN UPSTAIRS AND DOWNSTAIRS WALLS AS WELL AS IN ATTIC - NEW CABINETS IN UNIT TWO - LAUNDRY HOOKUPS IN BOTH UNITS - LEVEL

  Brad Thomas MOUNTAIN VIEW REAL ESTATE LLC

  1202 Melrose Ave NW, Roanoke, VA 24017
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  $169,950

  • 1,350 Sq Ft

  605 & 607 6th St SE, Roanoke, VA 24013

  Charming well maintained duplex in the heart of Roanoke City, just steps away from Downtown Roanoke, public transit, restaurants, convenience stores, and Roanoke Memorial Hospital. Perfect for walking or biking! Updated 2019 with new electrical, plumbing, and roof, plus recent upgrades in 2021 including LVT flooring, fresh paint, modern appliances, and refinished hardwoods. Features gas water

  Kayla Mann SHEPHERD REALTY GROUP

  605 & 607 6th St SE, Roanoke, VA 24013
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  /14

  $1,988,880

  • Land
  • 1,336.11 Acres
  • $1,489 per Acre

  0 Honeysuckle Rd Unit 74206, Roanoke, VA 24124

  Great Investment for development potential. Mature hardwoods. Lots of deer, turkey and bear. Convenient to Roanoke and Salem. Additional Acreage available.

  Jeff Davis JEFF DAVIS & ASSOCIATES, LLC

  0 Honeysuckle Rd Unit 74206, Roanoke, VA 24124
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  /9

  $1,752,730

  • 13,903 Sq Ft

  1606 Wayne St NE, Roanoke, VA 24012

  Great Investment Opportunity. Onsite Laundry Facility. 20 1 BR 1 BA units and 4 efficiency units. NEW: Onsite Property Manager effective 7/11/2025.

  Courtnee Bishop MKB, REALTORS(r)

  1606 Wayne St NE, Roanoke, VA 24012
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  /2

  $15,000

  • Land
  • 0.26 Acre
  • $57,692 per Acre

  0 Moorman Ave NW, Roanoke, VA 24017

  Level lot perfect for building your home, close to downtown, zoned R1 Mixed Density. Perfect investment for the future or now. Excellent location, city services in the area.

  Lisa Martin BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - NORTH

  0 Moorman Ave NW, Roanoke, VA 24017
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  /2

  $9,774

  • Land
  • 0.13 Acre
  • $75,185 per Acre

  530 Patton Ave NW, Roanoke, VA 24016

  Conveniently located lot in Northwest. Build a home or nice investment opportunity! Zoned RM-1.

  Emma Bailey RE/MAX ALL STARS

  530 Patton Ave NW, Roanoke, VA 24016
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  /8

  $89,488

  • 2 Beds
  • 1 Bath
  • 672 Sq Ft

  519 Rutherford Ave NW, Roanoke, VA 24016

  Great Investment Opportunity. 2 BR on Level lot, convenient to downtown

  Courtnee Bishop MKB, REALTORS(r)

  519 Rutherford Ave NW, Roanoke, VA 24016
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  /11

  $117,510

  • 3 Beds
  • 1.5 Baths
  • 1,428 Sq Ft

  802 Morrill Ave SE, Roanoke, VA 24013

  Great investment opportunity. 3 BR, 1.5 BA with hardwood floors. Corner Lot.

  Courtnee Bishop MKB, REALTORS(r)

  802 Morrill Ave SE, Roanoke, VA 24013
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  /3

  $21,000

  • Land
  • 0.45 Acre
  • $46,667 per Acre

  0 Idlewild Blvd NE, Roanoke, VA 24012

  Ready to build your home or next investment property. This lot has been cleared and sewer is available at the corner of Atherley St. and Vinyard Ave. Sewer feasibility plans available in documents. Per Roanoke City, lot can be divided. Buyer to confirm all information.

  Landon Johnson REAL BROKER LLC - MCLEAN

  0 Idlewild Blvd NE, Roanoke, VA 24012
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  /11

  $11,500

  • Land
  • 0.25 Acre
  • $46,000 per Acre

  0 Prillaman Ave NW, Roanoke, VA 24017

  Experience the perfect place to build your home or investment opportunity on this prime residential lot, ideally located in the heart of the neighborhood. Nestled a quiet street across from the park in a welcoming neighborhood, this quarter of an acre lot offers ample space and endless possibilities for your future residence. Zoned R5 Residential, this lot provides amazing open flat space with a

  Frazier Hughes WALKER REAL ESTATE SOLUTIONS

  0 Prillaman Ave NW, Roanoke, VA 24017
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  /7

  $3,101,040

  • Land
  • 52.56 Acres
  • $59,000 per Acre

  0 Elm View Rd, Roanoke, VA 24018

  SUPERIOR LOCATION! 52.56 Acres for Sale Zoned R3 (37.34 Acres) and C1 and C2C (15.22 Acres) in the Heart of SW Roanoke County with the convenience of access to and walking distance to Rt. 419, Tanglewood Mall, Shopping, Restaurants, and convenient to Carilion and Lewis-Gale Hospitals. Great Business and Investment Opportunity with SO much potential with R3 Medium Density Multi-family

  Teresa Prillaman WAINWRIGHT & CO., REALTORS(r)- LAKE

  0 Elm View Rd, Roanoke, VA 24018
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  /2

  $170,826

  • 4,508 Sq Ft

  336 Tazewell Ave SE, Roanoke, VA 24013

  Close to downtown and public transportation. Great multi-family investment opportunity in downtown Roanoke. Vacant, text LA to schedule showing with property management.

  Courtnee Bishop MKB, REALTORS(r)

  336 Tazewell Ave SE, Roanoke, VA 24013
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  /2

  $357,653

  • 5,756 Sq Ft

  506 Highland Ave SW, Roanoke, VA 24016

  Good investment property, 2 units are occupied and 2 units are vacant, onsite coin laundry.

  Courtnee Bishop MKB, REALTORS(r)

  506 Highland Ave SW, Roanoke, VA 24016
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  /2

  $195,000

  • 1,694 Sq Ft

  1205 Kerns Ave SW, Roanoke, VA 24015

  Great Investment opportunity!!Lower unit has 1 bedroom, 1 bath and washer/dryer hookups. and upstairs unit also is a 1 bed 1 bath unit. Both units are occupied, and leases are month to month.

  Sean Reiman EDWIN C HALL ASSOCIATES INC

  1205 Kerns Ave SW, Roanoke, VA 24015
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  /2

  $195,000

  • 1,946 Sq Ft

  734 Murray Ave SE, Roanoke, VA 24013

  Great Investment opportunity with tons of potential. Duplex located in Se Roanoke featuring 2 units, both units two bedrooms and one bath. Convenient located close to downtown Roanoke. Recent updates include new roof,. All units are currently rented at $725 each and could possibly rent for more. If you're looking to start investing or wanting to add an income producing unit to your growing

  Andre Palmer PALMER REALTY GROUP LLC

  734 Murray Ave SE, Roanoke, VA 24013
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  /2

  $210,000

  • 1,769 Sq Ft

  1027 Ferdinand Ave SW, Roanoke, VA 24016

  Great Investment opportunity with tons of potential. Triplex located in Se Roanoke featuring 3 units, 2 one bedrooms and 1 efficiency all with one bath. Convenient located close to downtown Roanoke. Recent updates include new roof. All units are currently rented, one bedrooms are rented at $750 each and $550 for the efficiency and could possibly rent for more. If you're looking to start

  Andre Palmer PALMER REALTY GROUP LLC

  1027 Ferdinand Ave SW, Roanoke, VA 24016
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  /2

  $189,000

  • 1,825 Sq Ft

  706 Jamison Ave SE, Roanoke, VA 24013

  Great Investment opportunity with tons of potential. Duplex located in Se Roanoke featuring 2 units, each with 2 bedrooms and 1 bath. Convenient located close to downtown Roanoke. Recent updates include new maintenance free vinyl siding, new bath and kitchen cabinets in upper unit. replacement windows throughout and fenced in backyard. Both units are currently rented for $900 each and could rent

  Andre Palmer PALMER REALTY GROUP LLC

  706 Jamison Ave SE, Roanoke, VA 24013

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