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Explore Similar Apartments Within 2 Miles of Loudon-Melrose, VA

  • /6

    $225,000

    • 1,666 Sq Ft

    1127 Valley Ave SW, Roanoke, VA 24015

    Two units occupied. One vacant.

    Courtnee Bishop MKB, REALTORS(r)

    1127 Valley Ave SW, Roanoke, VA 24015
  • /15

    $239,000

    • 1,766 Sq Ft

    2329 Shull Rd NE Unit & 2331, Roanoke, VA 24012

    Laundry Hook Up in both units

    Kim Ferrell REAL BROKER LLC - MCLEAN

    2329 Shull Rd NE Unit & 2331, Roanoke, VA 24012
  • /74

    $2,100,000

    • 2 Beds
    • 2 Baths
    • 5,239 Sq Ft

    109 Campbell Ave SW, Roanoke, VA 24011

    Extensively updated building w/ extremely high-end materials & great views. Recently used as an art gallery & Airbnb w/ two dwelling units. Entry level features former art gallery w/ full size kitchen-plywood from floor to ceiling for easy hanging of artwork. Two residential units upstairs, each decorated as two bedrooms w/ Wolf gas stove, Cove dishwasher, sub zero fridge, large primary suite

    Bob Parcell MOUNTAIN TO LAKE REALTY

    109 Campbell Ave SW, Roanoke, VA 24011
  • /2

    $339,995

    • 6,574 Sq Ft

    1802 Patterson Ave SW, Roanoke, VA 24016

    Investors! Don't let this opportunity pass you up! This 6 unit property is full of potential for future earnings! The building has had a full remodel with vinyl siding, new roof, replacement windows, and flooring. Each unit has a balcony with one unit that has an extra porch on the side of the building.

    Eric Gilliard KELLER WILLIAMS REALTY ROANOKE

    1802 Patterson Ave SW, Roanoke, VA 24016
  • /18

    $499,900

    • 3,360 Sq Ft

    426 Walnut Ave SE, Roanoke, VA 24014

    Solid performing building. All are 2br/1ba. All units are occupied. No existing lease violations. We have up-to-date financials and recent inspections in PDF format that can be sent to qualified parties.

    Jason Roggensee THE GRANDIN AGENCY

    426 Walnut Ave SE, Roanoke, VA 24014
  • /24

    $294,000

    • 2 Beds
    • 2 Baths
    • 1,174 Sq Ft

    2102 Stephenson Ave SW Unit 12, Roanoke, VA 24014

    Welcome to Unit 12 at Sotheby Square! Come enjoy low maintenance and a convenient location! A wonderful condominium in near proximity to Carilion Roanoke Memorial Hospital, The Greenway, restaurants, grocery stores, retail shops, Sweet Donkey Coffee, Mill Mountain/hiking trails, and much more! Located on the second floor with elevator access from the parking garage, this condo has a great layout

    Gavin Hollingsworth EDWIN C HALL ASSOCIATES INC

    2102 Stephenson Ave SW Unit 12, Roanoke, VA 24014
  • /15

    $399,995

    • 1,890 Sq Ft

    1138 Montrose Ave SE, Roanoke, VA 24013

    Newly renovated duplex, cash flowing property. All furniture included, turn key incoming producing business. New roof in 2021, new electrical, plumbing, and more. Bottom unit is a 2 Bed /1 Bath. Upstairs unit is 3 Bed/1 Bath. Separate electrical..

    Derek Eisenberg CONTINENTAL REAL ESTATE GROUP INC

    1138 Montrose Ave SE, Roanoke, VA 24013
  • /14

    $165,000

    • 1,698 Sq Ft

    2119 Staunton Ave NW, Roanoke, VA 24017

    Each unit has Living room, Dining room, Kitchen with washer/dryer hook up and 2 bedrooms and bath up. Vacant, text LA for lockbox code.

    Courtnee Bishop MKB, REALTORS(r)

    2119 Staunton Ave NW, Roanoke, VA 24017
  • /21

    $235,000

    • 1 Bed
    • 1 Bath
    • 1,066 Sq Ft

    319 Campbell Ave SW Unit 102, Roanoke, VA 24016

    Downtown living at it's best! Open Loft concept with lots of natural light. Walk to Tucos Tacos, Beamers, Big Lick Brewery and so may other places. FREE Parking! There are two designated parking places in the private garage. There is also a small storage room also located in the garage that could be used for outdoor recreation equipment. There is a host of events held Virginia Transportation

    Sybil Barrett LAWSON REALTY GROUP LLC

    319 Campbell Ave SW Unit 102, Roanoke, VA 24016
  • /2

    $250,000

    • 3,184 Sq Ft

    640,644 36th St NW, Roanoke, VA 24017

    Primary dwelling is a 4 BR house with 2 full BA, central HVAC, a large eat-in kitchen, laundry room, large covered front porch & back patio / carport. Occupied, text LA to schedule showing 48hr in advance. Off street parking in shared driveway. Back building is a duplex. Vacant, text LA for lockbox code. Landlord pays water/sewer only. Tenant pays gas and electric.

    Courtnee Bishop MKB, REALTORS(r)

    640,644 36th St NW, Roanoke, VA 24017
  • /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
  • /21

    $176,950

    • 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
  • /28

    $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
  • /48

    $369,000

    • 2,700 Sq Ft

    602 Allison Ave SW, Roanoke, VA 24016

    Well-kept Triplex situated on corner lot in the heart of Old Southwest! One block from Highland Park & close to Greenway, DT & Carilion Med Center. Unit 1 ($1250; mo2mo) 1 BR/1 BA, 1200 SF on entire 1st floor w/ high ceilings & hardwood floors. Kitchen equipped with LVP (2022), dishwasher & pantry. Unit 2 ($1000; mo2mo) 2 BR/2 Full BA includes a primary suite w/ new toilet (Dec 2024). Unit 3

    KELLI L EAGLE PARK PLACE REALTY INC

    602 Allison Ave SW, Roanoke, VA 24016
  • /43

    $279,950

    • 1,816 Sq Ft

    1120 6th St SE, Roanoke, VA 24013

    Remodeled Duplex ready for you to become an investor! Live in one unit, rent the other out? Upstairs, unit B is a three bedroom one bath unit and is currently rented for $1150 a month on a month-to-months basis. Unit A downstairs has just finished being remodeled (waiting on a couple of new windows to come in) and is a 2 bedroom 1 bath unit. Prior to remodel it was being rented for $750 a

    Alison O'Brien MKB, REALTORS(r)

    1120 6th St SE, Roanoke, VA 24013
  • /8

    $1,455,300

    • 11,825 Sq Ft

    2001 Lynn Ave SW, Roanoke, VA 24014

    close to public transportation and Carilion Roanoke Memorial hospital

    Courtnee Bishop MKB, REALTORS(r)

    2001 Lynn Ave SW, Roanoke, VA 24014
  • /32

    $260,000

    • 1 Bed
    • 1 Bath
    • 891 Sq Ft

    324 Salem Ave SW Unit 102, Roanoke, VA 24016

    Modern loft nestled in the heart of downtown Roanoke in the Candy Factory condos. This first floor one-bedroom, one-bath unit boasts soaring ceilings, oversized windows, and a spacious open-concept layout. The kitchen features granite countertops, and stainless steel appliances. Additional highlights include faux brick accents, in-unit laundry, and secure building access. Unit comes with it's own

    Heather Jones REAL BROKER LLC - MCLEAN

    324 Salem Ave SW Unit 102, Roanoke, VA 24016
  • /28

    $170,000

    • 1,824 Sq Ft

    1012 Loudon Ave NW, Roanoke, VA 24016

    This well-located duplex is ready to be added to your investment portfolio! Conveniently situated to downtown and other amenities, this property offers great rental potential. Unit A (upper unit): 2 beds, 1 bathroom, 912 sq ft - Currently rented at $900 per month. Unit B (lower unit): 1 bed, 1 bathroom, 912 sq ft - Vacant and ready for new tenants! Pictures are of the Upper unit just prior to

    Laura Bachmann REAL BROKER LLC - MCLEAN

    1012 Loudon Ave NW, Roanoke, VA 24016
  • /20

    $149,950

    • 2,192 Sq Ft

    1013 Jamison Ave SE, Roanoke, VA 24013

    Discover a fantastic investment opportunity with this versatile 2-unit home offering immediate income potential. The lower unit boasts fresh paint, new appliances, and a spacious 2-bedroom, 1-bath layout perfect for attracting quality tenants. Upstairs, the 3-bedroom, 1-bath unit is currently leased through December 2025, providing you with stable, long-term rental income. Whether you're stepping

    Todd McKee LICHTENSTEIN ROWAN, REALTORS(r)

    1013 Jamison Ave SE, Roanoke, VA 24013
  • /20

    $176,950

    • 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
  • /11

    $179,950

    • 1,776 Sq Ft

    515 Albemarle Ave SE, Roanoke, VA 24013

    COME CHECK OUT THIS CHARMING DUPLEX! THIS PROPERTY FEATURES 2 UNITS, EACH WITH 3 BEDROOMS AND 1 FULL BATH. THE CONVENIENCE OF LAUNDRY IN EACH UNIT MAKES DOING CHORES A BREEZE. EACH UNIT HAS WASHER AND DRYER HOOKUPS, BUT TENANT MUST PROVIDE OWN WASHER AND DRYER. THE LEVEL LOT PROVIDES AMPLE OUTDOOR SPACE FOR RELAXING OR ENTERTAINING, WHILE OFF-STREET PARKING ENSURES CONVENIENCE FOR RESIDENTS AND

    Brad Thomas MOUNTAIN VIEW REAL ESTATE LLC

    515 Albemarle Ave SE, Roanoke, VA 24013
  • /119

    $549,950

    • 2 Beds
    • 2.5 Baths
    • 2,824 Sq Ft

    133 Norfolk Ave SW, Roanoke, VA 24011

    Introducing this stunning townhouse, perfectly positioned within walking distance to the train and tons of area amenities. Blending historic charm with modern reliability, this townhouse not only showcases exposed brick and sophisticated finishes but also features a brand-new roof for lasting durability and peace of mind. crisp new paint throughout. Designed for both style and function, the

    Lara Bingeman MKB, REALTORS(r)

    133 Norfolk Ave SW, Roanoke, VA 24011
  • /26

    $164,709

    • 2,640 Sq Ft

    807 Patterson Ave SW, Roanoke, VA 24016

    This income producing duplex is located in Roanoke's West End, a redeveloping urban neighborhood close to the JeffersonCenter, restaurants, breweries and downtown. A new roof in 2017 and large lot size make this a great rehab opportunity, and MX zoning allows for live/workspace or up to three apartments. . Previously rented $600 downstairs and $650 upstairs. Landlord expense: insurance, real

    Courtnee Bishop MKB, REALTORS(r)

    807 Patterson Ave SW, Roanoke, VA 24016
  • /15

    $273,420

    • 1,932 Sq Ft

    1818&1822 Carroll Ave NW, Roanoke, VA 24017

    Opportunity. Two one level ranch style duplexes for a total of 4 units. Each unit is 1 BR, 1BA, LR, eat in kitchen with pantry. Approximately 483+/- SF each. Total electric and separately metered. Replacement windows. Electric ceiling and baseboard heat. Window AC. Fully leased. Annual leases. Gross income $33,600. Convenient location. Must be sold together. Do not disturb tenants.

    Tim Thielecke COMMERCIAL INVESTMENT REALTY CO L C

    1818&1822 Carroll Ave NW, Roanoke, VA 24017
  • /9

    $214,999

    • 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, with a current rental rate of $1,150. Meanwhile, the lower unit, featuring two bedrooms and one bathroom, was leased at $1,025.

    Michael Belcher KELLER WILLIAMS REALTY ROANOKE

    1501 7th St SE, Roanoke, VA 24013
  • /9

    $1,825,000

    • 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
  • /29

    $210,000

    • 1 Bed
    • 1 Bath
    • 693 Sq Ft

    324 Salem Ave SW Unit 205, Roanoke, VA 24016

    Lovely 2nd floor End unit. Lots of naural Light!with Privacy, Granite counters, hardwood throughout. 14 ft ceilings brick walls with post and beam details, In unit laundry, basemt private storage area. Elevator, exterior courtyard, gated community. Easy access to Amtrack station across street. Restaurands with in a block. Easy walk to market area of downtown Roanoke. Parking Garage next door. IF

    Debbie Key CB SALES AND RENTALS INC

    324 Salem Ave SW Unit 205, Roanoke, VA 24016
  • /10

    $1,915,900

    • 4,276 Sq Ft

    1401 Gilbert Rd NW, Roanoke, VA 24017

    14 of the 24 Units are Tenant Occupied.1401 Gilbert Rd Tax Parcel #2670214 includes 3 Buildings and 24 Total Units, Addresses are: 1401 Gilbert Rd, NW = 8 Units, 1401 Gilbert Rd, NW = 8 Units, 1410 Westside Blvd NW = 8 Units.

    Courtnee Bishop MKB, REALTORS(r)

    1401 Gilbert Rd NW, Roanoke, VA 24017
  • /9

    $289,887

    • 2,516 Sq Ft

    324 Mountain Ave SW, Roanoke, VA 24016

    Unit A Occupied Rent $820 MTM, Unit B Rent $436 Lease End 11/30/2025, Unit D rent $800 Lease ends 1/12/26, Unit C is vacant.

    Courtnee Bishop MKB, REALTORS(r)

    324 Mountain Ave SW, Roanoke, VA 24016
  • /5

    $165,000

    • 1,230 Sq Ft

    514 9th St SE, Roanoke, VA 24013

    This duplex offers a prime opportunity for investors seeking steady cash flow. Each unit features 1 bedroom and 1 bath, making it an ideal rental property. Located in a highly convenient neighborhood, tenants will enjoy easy access to schools, shopping, and public transportation. Off street parking in back. New Roof 2023, Updated electric 2024, New siding 2023, New carpet 2023.

    Cheryl Cowher LONG & FOSTER - ROANOKE OFFICE

    514 9th St SE, Roanoke, VA 24013
  • /35

    $289,900

    • 2 Beds
    • 2 Baths
    • 1,062 Sq Ft

    400 Salem Ave SW Unit 2B, Roanoke, VA 24016

    Discover this 2-bedroom, 2-bath condo in the heart of vibrant downtown Roanoke, just steps from popular restaurants, breweries, and Market Square. The modern open floor plan is accentuated by soaring high ceilings and large windows that flood the space with natural light, creating an airy, inviting atmosphere. The kitchen is quipped with high-quality stainless steel appliances and designed for

    Danielle Kramer KELLER WILLIAMS REALTY LYNCHBURG

    400 Salem Ave SW Unit 2B, Roanoke, VA 24016
  • /6

    $115,248

    1629 Chapman Ave SW, Roanoke, VA 24016

    Duplex, both units vacant # 1629 & 1631, All Tours will need to be scheduled through Agent for a member of the property management team to be present.

    Courtnee Bishop MKB, REALTORS(r)

    1629 Chapman Ave SW, Roanoke, VA 24016
  • /69

    $689,950

    • 4,864 Sq Ft

    1736 Grandin Rd SW, Roanoke, VA 24015

    WELCOME TO 1736 GRANDIN RD, THE GATEWAY TO GRANDIN VILLAGE! THIS STATELY PROPERTY HAS BEEN CONVERTED INTO 4 APARTMENTS. MAIN LEVEL IS FUNCTIONING AS AN OFFICE SPACE WITH SCREENED-IN PORCH THAT COULD BEA 2 BED/1.5 BATH APARTMENT. UPPER LEVEL FEATURES 2 APARTMENTS - 2BED/1BTH & 1BED/1BTH. SIDE UNIT IS TOWNHOUSE STYLE WITH 2BED/1BTH. LARGE, DRY FULL WALK-OUT BASEMENT PERFECT FOR STORAGE. PRIVATE

    Elizabeth Varney MKB, REALTORS(r)

    1736 Grandin Rd SW, Roanoke, VA 24015
  • /7

    $97,883

    • 1,904 Sq Ft

    915 Jamison Ave SE, Roanoke, VA 24013

    Triplex, all units are vacant.

    Courtnee Bishop MKB, REALTORS(r)

    915 Jamison Ave SE, Roanoke, VA 24013
  • /2

    $450,000

    • 3,354 Sq Ft

    821 13th St SW, Roanoke, VA 24016

    3 units occupied, 1 vacant, text LA to schedule showing, must be 48hr. in advance.

    Courtnee Bishop MKB, REALTORS(r)

    821 13th St SW, Roanoke, VA 24016
  • /2

    $179,595

    • 7,272 Sq Ft

    1627 Wayne St NE, Roanoke, VA 24012

    One unit occupied, 48 hour notice required. Off street parking.

    Courtnee Bishop MKB, REALTORS(r)

    1627 Wayne St NE, Roanoke, VA 24012
  • /2

    $177,870

    • 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
  • /2

    $177,870

    • 2,000 Sq Ft

    404 Harrison Ave NW, Roanoke, VA 24016

    Income producing property! Tri-Plex. Long-term tenants. Seller pays water/sewer. Close to downtown.

    Courtnee Bishop MKB, REALTORS(r)

    404 Harrison Ave NW, Roanoke, VA 24016
  • /2

    $372,400

    • 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
  • /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

Why Live in Loudon-Melrose

Loudon-Melrose, a historic neighborhood in northwest Roanoke, developed around the Salem-Melrose streetcar line in the 1920s, features bungalows and cottages built for working-class families. The area, characterized by its industrial roots, is near the Roanoke Rail Yard and includes businesses like auto parts stores and heating oil suppliers. Residential streets to the north feature small houses from the early to mid-1900s. The community is served by the Melrose Library, which offers practical resources and hosts events such as open mic nights and summer reading programs. Melrose Plaza, currently under development, will soon provide a grocery store, bank, health clinic, and adult high school with childcare services. Dining options are limited but include takeout spots like Island Jerk, China Lite, and Screaming Vegan. Melrose Park, the neighborhood's only public green space, offers basketball courts, a playground, and a shaded picnic pavilion. While sidewalks are inconsistent, residents can drive or use Valley Metro buses for transportation. The neighborhood is about a mile from Washington Park, which connects to the Lick Run Greenway trail. For shopping, Valley View Mall, Walmart, and Target are 4 miles north. The area has a lower income level, and schools such as Roanoke Academy for Math and Science Elementary and Lucy Addison Middle have average ratings, while Patrick Henry High School has a higher rating and offers various career pathways.

Home Trends in Loudon-Melrose, VA

Housing Trends

Median Sale Price
$155,000
Median Single Family Sale Price
$139,900
Average Price Per Sq Ft
$115
Number of Homes for Sale
2
Last 12 months Home Sales
7
Months of Supply
3.40
Median List Price
$139,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
25%
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