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Melrose-Rugby Multifamily Homes & Duplexes for Sale

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    $299,000

    • 1,932 Sq Ft

    1818&1822 Carroll Ave NW, Roanoke, VA 24017

    TWO one level ranch style duplexes for a total of 4 units. Each unit is 1BR, 1BA, LR, eat in kitchen with pantry. Approximately 483+/- SQ FT each. Total electric and separately metered. Replacement windows. Electric ceiling and baseboard heat. Window AC. Off street parking. Annual leases. 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
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    $199,950

    • 1,698 Sq Ft

    2105 Staunton Ave NW Unit & 2107, Roanoke, VA 24017

    ***INVESTORS*** Great Income producing property, One side was just totally renovated and the other side was renovated back in 2023. Owner pays water and lawn maintenance.Rents for $1000.00 per side. Easily can get $1200 per month for both sides ( ask your agent to ask the listing agent for details) Proof of funds required for all showings and 48 hour notice required . DO NOT DISTURB TENANTS!

    Jason Boothe MOUNTAIN VIEW REAL ESTATE LLC

    2105 Staunton Ave NW Unit & 2107, Roanoke, VA 24017

Why Live in Melrose-Rugby

Melrose-Rugby in Roanoke, VA, is a historic northwest neighborhood established in the early 1900s as a streetcar suburb. The area features Arts and Crafts-style homes, red-brick bungalows, and American Foursquare houses, all within a four-block walk to local parks. McCadden Park offers rolling grass terrain, while Eureka Park includes a community center with tennis courts, a playground, and a basketball court. The 5-mile Lick Run Greenway provides a paved route from Downtown Roanoke to Valley View Mall, a major shopping destination with over 100 retailers. Melrose Avenue is lined with chain retailers, locally owned take-out restaurants, and the contemporary Melrose Branch Library, which hosts various community events. The neighborhood is car-dependent but has easy access to Interstate 581 and U.S. Route 220, just over 2 miles north, and numerous Valley Metro bus stops. The Roanoke-Blacksburg Regional Airport is 3 miles away, and Downtown Roanoke, 3 miles southeast, features the Carilion Roanoke Community Hospital and the Roanoke Amtrak Station. Despite its historic charm, homes in Melrose-Rugby are more affordable than the Roanoke average, often requiring renovations due to their age. The neighborhood is safer than the national average, making it a practical choice for potential home buyers.

Home Trends in Melrose-Rugby, VA

Housing Trends

Median Sale Price
$172,950
Median Single Family Sale Price
$179,750
Average Price Per Sq Ft
$120
Number of Homes for Sale
9
Last 12 months Home Sales
37
Months of Supply
2.90
Median List Price
$179,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
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