Investment - Homes for Sale in Roanoke, VA

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  $299,000

  • 1,211 Sq Ft

  1621 Brandon Ave SW, Roanoke, VA 24015

  Located in the heart of Roanoke’s desirable Southwest area, 1621 Brandon Ave SW presents a compelling opportunity to own a side-by-side duplex ideal for investors or owner-occupants. This classic duplex offers two separate units with private entrances. The property benefits from a highly walkable and convenient location, just minutes from downtown Roanoke, Carilion Roanoke Memorial Hospital,

  Chad Hanger HANGER & ASSOCIATES

  1621 Brandon Ave SW, Roanoke, VA 24015
• Explore Roanoke

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  /24

  $224,950

  • 3 Beds
  • 1 Bath
  • 1,500 Sq Ft

  4644 Desi Rd NW, Roanoke, VA 24017

  Here's your chance at affordability and convenience. Check out this great opportunity for a first time buyer, or even possible investment. Enjoy this 3 bedroom home with plenty of storage and work space. The lower level has been converted into a great entertainment area! The other half of the basement could be finished for additional living space, but it's already being used as a workshop.Newer

  Todd McKee LICHTENSTEIN ROWAN, REALTORS(r)

  4644 Desi Rd NW, Roanoke, VA 24017
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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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  /5

  $224,900

  • 4 Beds
  • 3 Baths
  • 1,380 Sq Ft

  1125 Forest Park Blvd NW, Roanoke, VA 24017

  This is a great investment opportunity as it is currently tenant occupied. Great looking solid brick house on a level lot with a detached garage. The house has 3 BR's and 2 baths and the brick detached garage has an upper 624 sq. ft. 1 BR apartment. Bath and BR count are for house and garage apartment. This property will be sold as is only. Seller to do no repairs.

  Bill Kern MKB, REALTORS(r)

  1125 Forest Park Blvd NW, Roanoke, VA 24017
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  /6

  $29,999

  • Land
  • 0.95 Acre
  • $31,578 per Acre

  0 Panorama Ave NW Unit 923274, Roanoke, VA 24017

  Great buildable lot, in the area of other duplexes add to or start your investment portfolio now. Ask me about multiple property purchase options. Water and sewer are available, hook up is your responsibility. Owner/Agent

  Kermit Johnson WAINWRIGHT & CO., REALTORS(r)- LAKE

  0 Panorama Ave NW Unit 923274, Roanoke, VA 24017
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  /2

  $487,933

  • 3,869 Sq Ft

  917 1st St SW, Roanoke, VA 24016

  Investment property, conveniently located close to community hospital and downtown.

  Courtnee Bishop MKB, REALTORS(r)

  917 1st St SW, Roanoke, VA 24016
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  /6

  $53,000

  • 2 Beds
  • 1 Bath
  • 1,070 Sq Ft

  1014 Jamison Ave SE, Roanoke, VA 24013

  Investment property being sold As-Is where is. 3 min from downtown Roanoke.

  Norman Domingo XREALTY.NET LLC

  1014 Jamison Ave SE, Roanoke, VA 24013
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  /6

  $35,999

  • Land
  • 1.61 Acres
  • $22,360 per Acre

  0 Panorama Ave NW Unit 923275, Roanoke, VA 24017

  Great oversized buildable lot, in the area of other duplexes add to or start your investment portfolio now. Ask me about multiple property purchase options. Water and sewer are available, hook up is your responsibility. Owner/Agent

  Kermit Johnson WAINWRIGHT & CO., REALTORS(r)- LAKE

  0 Panorama Ave NW Unit 923275, Roanoke, VA 24017
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  /2

  $157,565

  • 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

  $55,000

  • Land
  • 0.96 Acre
  • $57,292 per Acre

  0 Yellow Mountain Rd SE, Roanoke, VA 24014

  Don't miss this prime opportunity! This .95-acre parcel is fully prepared for your dream home, complete with city water and sewer available right at the road. Featuring 160 feet of road frontage and the ability to subdivide into up to four lots, this property offers incredible flexibility and investment potential. Build your vision or maximize the value with multiple homes--opportunities like

  Michael Belcher KELLER WILLIAMS REALTY ROANOKE

  0 Yellow Mountain Rd SE, Roanoke, VA 24014
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  /27

  $270,000

  • 5 Beds
  • 4.5 Baths
  • 2,220 Sq Ft

  604 Elm Ave SE, Roanoke, VA 24013

  Terrific opportunity in the heart of Roanoke! Large, single-family home with no homes on opposite side. Lots of living space, big bedrooms, excellent kitchen, and a backyard already partially fenced. Investors - great opportunity to get a great return on your investment! 1 minutes from downtown and 5 minutes from Tanglewood mall

  Benjamin Bosse PALMER REALTY GROUP LLC

  604 Elm Ave SE, Roanoke, VA 24013
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  /19

  $329,888

  • 5,756 Sq Ft

  506 Highland Ave SW, Roanoke, VA 24016

  Good investment property, 1 occupied, 3 vacant. Text LA to schedule showing, onsite coin laundry.

  Courtnee Bishop MKB, REALTORS(r)

  506 Highland Ave SW, Roanoke, VA 24016
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  /28

  $144,950

  • 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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  /2

  $54,950

  • Land
  • 0.26 Acre
  • $211,346 per Acre

  2525 Radford Rd NE, Roanoke, VA 24012

  Great opportunity to purchase 1 or 2 lots together on Radford in an area with newer homes and established neighborhood. Second lot is 2517 Radford. Potentially can be subdivided for a total of 4 lots. Great area to build spec homes or investment properties. Public water and sewer available in the area.

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

  2525 Radford Rd NE, Roanoke, VA 24012
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  /7

  $1,795,000

  • 15,676 Sq Ft

  135 Salem Ave SW, Roanoke, VA 24011

  135 W Salem Avenue is an investment opportunity in the heart of Downtown Roanoke. This 10-unit mixed-use asset combines historic Roanoke character with modern livability, offering investors both stability and upside.The property features ground-floor commercial space positioned for strong visibility on the corner of Salem Ave and 2nd Street. Above the commercial space are nine residential units

  Stephen Pendergrass, CCIM, SIOR POE & CRONK REAL ESTATE GROUP

  135 Salem Ave SW, Roanoke, VA 24011
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  /3

  $144,800

  • 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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  /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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  /2

  $179,000

  • 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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  /26

  $89,900

  • 3 Beds
  • 1 Bath
  • 1,421 Sq Ft

  915 Lafayette Blvd NW, Roanoke, VA 24017

  **SELLER FINANCING AVAILABLE** WHAT A DEAL!! Welcome to this charming handyman special. Offering 1,421square feet with 3 spacious bedrooms, 1 full bathroom, shed, and a large open yard. This property is being sold as-is, presenting a unique opportunity for customization. Although this is not an REO property, it does need repairs, and some TLC. This is a perfect opportunity to remodel to your

  Norm Pullen KELLER WILLIAMS REALTY ROANOKE

  915 Lafayette Blvd NW, Roanoke, VA 24017
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  /21

  $176,450

  • 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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  /4

  $120,000

  • 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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  /76

  $452,500

  • 2,174 Sq Ft

  1909 Canterbury Rd SW, Roanoke, VA 24015

  This well kept brick duplex in the Raleigh Ct/Wasena area has two tenant occupied units each featuring 2BR/1BA. Each unit features a lower level that could be converted to an additional living space, bedroom or office. Beautiful hardwood floors, fresh interior and exterior paint, updated kitchens, cabinetry, and more. Each unit features washer/dryer. Large backyard that is shared with both units.

  Brittany Barlow FIRST CHOICE REAL ESTATE LLC - HARDY

  1909 Canterbury Rd SW, Roanoke, VA 24015
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  /25

  $130,000

  • 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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  /19

  $350,000

  • 1,680 Sq Ft

  1228 Wasena Ave SW, Roanoke, VA 24015

  Solid long-term investment opportunity in the highly desirable Wasena neighborhood, offering strong potential for appreciation amid continued area growth. Located directly across the street from the Wasena Park and walking distance to shops, restaurants and the Roanoke River Greenway. Built as a Duplex this property offers two, 2 bedroom 1 bath units. This home provides the opportunity to keep as

  Kera Moore WAINWRIGHT & CO., REALTORS(r)- LAKE

  1228 Wasena Ave SW, Roanoke, VA 24015
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  /10

  $125,000

  • 2 Beds
  • 1 Bath
  • 614 Sq Ft

  3109 Maplelawn Ave NW, Roanoke, VA 24012

  Perfectly quaint and featuring notable upgrades, this two-bedroom, one-bathroom home combines convenience to town and affordability. Perfect for an investment or move-in ready and single-level living. Enjoy the massive front yard space with plenty of parking, and the equally-impressive backyard space for landscaping opportunities in the spring, gatherings with loved ones, or endless other

  Bailey Jenkins NEST REALTY SOUTHSIDE

  3109 Maplelawn Ave NW, Roanoke, VA 24012
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  /3

  $70,000

  • Land
  • 0.14 Acre
  • $500,000 per Acre

  813 Shenandoah Ave NW, Roanoke, VA 24016

  Fantastic opportunity to own a versatile Industrial-1 zoned lot in the heart of Roanoke. This property offers excellent visibility and easy access to I-581 and US-460, making it ideal for light industrial, storage, or business use. Flat terrain and nearby public utilities make development simple and cost-effective. Don't miss this affordable investment in a growing commercial area!

  Reina Hernandez REAL BROKER LLC - MCLEAN

  813 Shenandoah Ave NW, Roanoke, VA 24016
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  /8

  $82,541

  • 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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  /2

  $8,820

  • Land
  • 0.13 Acre
  • $67,846 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 MAC WESTLAND REAL ESTATE GROUP

  530 Patton Ave NW, Roanoke, VA 24016
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  /14

  $359,000

  • 4 Beds
  • 4.5 Baths
  • 2,296 Sq Ft

  2221 Jefferson St SW Unit B, Roanoke, VA 24014

  Attention Investors... Superb location in South Roanoke. Perfect for Doctors, Nurses, etc. Walking distance to Roanoke Memorial Hospital, parks, shops, restaurants, great for walking and immaculate mountain views.Right across the street from the Ronald McDonald House.4 bedrooms and 4.5 baths, High Ceilings, 2 fireplaces and a penthouse style master with front and back balcony and deck. This is a

  Whitney Smith PMI COMMONWEALTH

  2221 Jefferson St SW Unit B, Roanoke, VA 24014
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  /9

  $1,649,655

  • 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

  $119,000

  • 4 Beds
  • 2 Baths
  • 1,468 Sq Ft

  705 Stewart Ave SE, Roanoke, VA 24013

  Investor alert! This 4 bedroom, 2 bath home would make a solid investment with stable cash flow. Home has been emptied and ready for update.

  Karin Colozza MKB, REALTORS(r)

  705 Stewart Ave SE, Roanoke, VA 24013
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  /2

  $54,950

  • Land
  • 0.24 Acre
  • $228,958 per Acre

  2517 Radford Rd NE, Roanoke, VA 24012

  Great opportunity to purchase 1 or 2 lots together on Radford in an area with newer homes and established neighborhood. Second lot is 2525 Radford. Potentially can be subdivided for a total of 4 lots. Great area to build spec homes or investment properties. Public water and sewer available in the area.

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

  2517 Radford Rd NE, Roanoke, VA 24012
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  /11

  $108,387

  • 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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  /16

  $149,999

  • 3 Beds
  • 1 Bath
  • 1,000 Sq Ft

  3480 Mount Pleasant Blvd, Roanoke, VA 24014

  Investor opportunity! This 3-bedroom, 1-bath ranch is situated on a quiet street on a generous lot and offers strong potential for the savvy buyer. A solid candidate for a rental investment or full renovation flip, this property is ready for your vision and improvements. Sold as-is, where-is; seller to make no repairs. Ideal for investors or buyers seeking value-add potential.

  Frazier Hughes WALKER REAL ESTATE SOLUTIONS

  3480 Mount Pleasant Blvd, Roanoke, VA 24014
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  /2

  $125,062

  • 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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  /23

  $154,950

  • 2 Beds
  • 1 Bath
  • 849 Sq Ft

  429 Fieldale Rd NE, Roanoke, VA 24012

  One-level living with heart and personality. This charming home offers 2 well-sized bedrooms and a bright, airy layout that feels easy and welcoming the moment you step inside. Sunlight fills the rooms, highlighting timeless hardwood floors and creating a warm, comfortable vibe that's hard to replicate. The space flows effortlessly for everyday living, quiet evenings, or casual gatherings.

  Kathy Chandler MKB, REALTORS(r)

  429 Fieldale Rd NE, Roanoke, VA 24012
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  $234,500

  • 2,302 Sq Ft

  611 Stewart Ave SE, Roanoke, VA 24013

  Don't miss the chance to secure a solid investment with stable cash flow and good cap rate. This well-maintained TRIPLEX offers an excellent investment opportunity. Two of three units are currently rented, providing immediate income, while the third unit is vacant and ready for a new tenant. All units have been recently renovated, featuring fresh paint, new flooring, and essential safety

  Peter Volosin LICHTENSTEIN ROWAN, REALTORS(r)

  611 Stewart Ave SE, Roanoke, VA 24013
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  /4

  $15,000

  • Land
  • 0.12 Acre
  • $125,000 per Acre

  0 14th St NW, Roanoke, VA 24017

  Prime opportunity for an infill or redevelopment build in the heart of Northwest Roanoke City! This level 0.12-acre corner lot at 14th St and Gilmer Ave offers convenient access to downtown, shopping, and major routes. With utilities nearby and residential zoning, this lot is ideal for a new single-family home, duplex, or small-scale investment project. Surrounded by revitalizing properties and

  Ashley Canty REAL BROKER LLC - MCLEAN

  0 14th St NW, Roanoke, VA 24017
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  /21

  $169,500

  • 2 Beds
  • 1 Bath
  • 928 Sq Ft

  645 Montrose Ave SE, Roanoke, VA 24013

  Welcome to 645 Montrose Ave! Step inside this beautifully updated home and instantly feel the charm. From the gleaming hardwood floors refinished, the fully renovated bathroom, every detail has been thoughtfully crafted for comfort and style. New roof (1 mo) gives peace of mind, the spacious front porch & back deck invite you to relax, entertain, and soak in every season! Currently operating as a

  Toni Gravely KELLER WILLIAMS COASTAL VIRGINIA

  645 Montrose Ave SE, Roanoke, VA 24013
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  /10

  $130,000

  • 2 Beds
  • 1 Bath
  • 690 Sq Ft

  2930 Ravenwood Ave NW, Roanoke, VA 24012

  This home offers 2 bedrooms 1 full bath, vinyl flooring in the kitchen and bath. New roof in 2022. Enjoy the nice fenced in back yard that is perfect for entertaining! Perfect starter home or investment property!!!

  Tammy Shepherd SHEPHERD REALTY GROUP

  2930 Ravenwood Ave NW, Roanoke, VA 24012

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