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Melrose-Rugby Multifamily Homes & Duplexes for Sale

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  • /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
  • /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

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
$379,450
Median Single Family Sale Price
$450,000
Median Townhouse Sale Price
$379,900
Median 2 Bedroom Sale Price
$960,000
Average Price Per Sq Ft
$253
Number of Homes for Sale
3
Last 12 months Home Sales
66
Months of Supply
0.50
Median List Price
$449,995
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-30%
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