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Explore Similar Apartments Within 2 Miles of Monterey, VA

  • /2

    $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

    Agent Photo

    Robert Kern

    REAL BROKER LLC - MCLEAN

    (540) 346-3470

    1508 Church Ave SE, Roanoke, VA 24013
  • /14

    $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
  • /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
  • /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
  • /14

    $159,950

    • 1,848 Sq Ft

    1424 Orange Ave NW Unit & 1422, Roanoke, VA 24017

    One vacant, one occupied (Lease ends 5/31/26), must give 48 hr notice.

    Courtnee Bishop MKB, REALTORS(r)

    1424 Orange Ave NW Unit & 1422, Roanoke, VA 24017
  • /13

    $189,950

    • 999 Sq Ft

    4 12 1 2 St, Roanoke, VA 24016

    Vacant.

    Courtnee Bishop MKB, REALTORS(r)

    4 12 1 2 St, Roanoke, VA 24016
  • /72

    $600,000

    • 4,650 Sq Ft

    2703 Broad St NW, Roanoke, VA 24012

    Solid performing building. All are 2br/1ba. Community laundry in the basement. All units occupied. Rent roll is attached to documents. Complete tenant histories available - no defaults. No existing lease violations. We have up to date financials and recent inspections in PDF format that can be sent to qualified parties. Roof is solid and has a clean bill of health. You are welcomed to walk

    Jason Roggensee THE GRANDIN AGENCY

    2703 Broad St NW, Roanoke, VA 24012
  • /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
  • /27

    $224,950

    713 Bibb St NE, Roanoke, VA 24012

    Duplex located near Vinton... Featuring Living Room, Eat in Kitchen with appliances, laundry room, Upper level 2 bedrooms, 1 bath. Level back yard....BONUS TO BUYER IF THEY BUY 3 BUILDINGS AT ONE TIME: 707,717,713 BIBB.REDUCE TOTAL PRICE BY $10,000

    Troy Ham MKB, REALTORS(r)

    713 Bibb St NE, Roanoke, VA 24012
  • /3

    $224,950

    717 Bibb St NE, Roanoke, VA 24012

    Duplex located near Vinton... Featuring Living Room, Eat in Kitchen with appliances, laundry room, Upper level 2 bedrooms, 1 bath. Level back yard.BONUS TO BUYER IF THEY BUY 3 BUILDINGS AT ONE TIME: 707,717,713 BIBB.REDUCE TOTAL PRICE BY $10,000

    Troy Ham MKB, REALTORS(r)

    717 Bibb St NE, Roanoke, VA 24012
  • /26

    $224,950

    • 1,780 Sq Ft

    707 Bibb St NE, Roanoke, VA 24012

    Duplex located near Vinton... One unit now vacant; One occupied. Featuring Living Room, Eat in Kitchen with appliances, laundry room, Upper level 2 bedrooms, 1 bath. Level back yard Seller will consider selling the other 2 buildings on same street side by side.BONUS TO BUYER IF THEY BUY 3 BUILDINGS AT ONE TIME: 707,717,713 BIBB.REDUCE TOTAL PRICE BY $10,000

    Troy Ham MKB, REALTORS(r)

    707 Bibb St NE, Roanoke, VA 24012
  • /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
  • /7

    $216,941

    • 1,800 Sq Ft

    3521 Valley View Ave NW, Roanoke, VA 24012

    Vacant, text LA for code.

    Courtnee Bishop MKB, REALTORS(r)

    3521 Valley View Ave NW, Roanoke, VA 24012
  • /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
  • /7

    $1,158,374

    • 10,675 Sq Ft

    125 W Virginia Ave, Vinton, VA 24179

    Great Investment Opportunity - 15 Unit Brick Apartment Building. 13 1BR units, 2 Studio efficiencies.

    Courtnee Bishop MKB, REALTORS(r)

    125 W Virginia Ave, Vinton, VA 24179
  • /2

    $176,000

    • 1,768 Sq Ft

    414 Harrison Ave NW, Roanoke, VA 24016

    Occupied, A - Lease end 2/28/27, B - MTM

    Courtnee Bishop MKB, REALTORS(r)

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

    $176,000

    • 1,871 Sq Ft

    224 Gilmer Ave NW, Roanoke, VA 24016

    Occupied, A - Lease ends 2/28/26, B - MTM

    Courtnee Bishop MKB, REALTORS(r)

    224 Gilmer Ave NW, Roanoke, VA 24016
  • /2

    $475,000

    • 1,900 Sq Ft

    2802, 2812 Vinyard Ave NE, Roanoke, VA 24012

    A great addition to add 4 units to your portfolio. Conveniently located right outside of Vinton. Units overlook Vinyard Park and Soccer field. Quiet street with only two other homes close by. Shared driveway and parking for all units on site. Units are top floor and bottom floor accessed by a common area. Replacement windows, Roof 2019. Long term tenants in place. All units have the same layout

    Mason Drew SHEPHERD REALTY GROUP

    2802, 2812 Vinyard Ave NE, Roanoke, VA 24012
  • /2

    $34,900

    • 1,616 Sq Ft

    120 Patton Ave NW, Roanoke, VA 24016

    CALLING ALL INVESTORS! This Could be your DIAMOND in the ROUGH! Priced $25,000 Below Tax Assessed Value! Property is currently uninhabitable and has been vacant for several years. Located a couple blocks from Downtown Roanoke, Transportation, Restaurants and Shops. Great Views! SOLD ''AS-IS'' ''WHERE-IS''

    Kathy Chandler MKB, REALTORS(r)

    120 Patton Ave NW, Roanoke, VA 24016
  • /2

    $299,950

    • 3,301 Sq Ft

    3813 Shadylawn Ave NW, Roanoke, VA 24012

    All units occupied, text LA to schedule showing 48hr in advance.

    Courtnee Bishop MKB, REALTORS(r)

    3813 Shadylawn Ave NW, Roanoke, VA 24012
  • /2

    $219,950

    • 2,144 Sq Ft

    2618 Huntington Blvd NW, Roanoke, VA 24012

    One occupied (MTM), one vacant. Text LA to schedule a showing.

    Courtnee Bishop MKB, REALTORS(r)

    2618 Huntington Blvd NW, Roanoke, VA 24012
  • /2

    $172,483

    • 7,272 Sq Ft

    1627 Wayne St NE, Roanoke, VA 24012

    Vacant, text LA for code. Off street parking.

    Courtnee Bishop MKB, REALTORS(r)

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

    $170,826

    • 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

    $522,362

    • 7,695 Sq Ft

    2120 Carvin St NE, Roanoke, VA 24012

    Great Investment Opportunity. 6 Unit Building, all units 2 BR 1 BA. Fully Occupied. Realtor Open House Monday, January 28th.

    Courtnee Bishop MKB, REALTORS(r)

    2120 Carvin St NE, Roanoke, VA 24012
  • /2

    $194,343

    • 1,250 Sq Ft

    28 Hillcrest Ave NE, Roanoke, VA 24012

    Both units occupied, $675 lease end 11/30/26, $565 lease end 4/30/26

    Courtnee Bishop MKB, REALTORS(r)

    28 Hillcrest Ave NE, Roanoke, VA 24012

Why Live in Monterey

Monterey, located in northeast Roanoke, is a middle-class neighborhood surrounded by greenery, including two golf courses and the Read Mountain Preserve. The area features ranch-style homes, split-levels from the ‘70s and ‘80s, and Colonial Revivals from the ‘90s and 2000s, with prices ranging from $200,000 to the low $300,000s. The neighborhood lacks parks but offers recreational opportunities at Ole Monterey Golf Club and Blue Hills Golf Club, with the latter hosting competitive tournaments. For outdoor activities, residents can drive 8 miles to Read Mountain Preserve, which has five miles of trails leading to a 2,350-foot peak. Local amenities include George’s Market, known for its craft beer selection, and a few businesses 2 miles away on Plantation Road, including Food Lion and Walmart Neighborhood Market. More extensive shopping and dining options are available 5 miles away at Valley View Mall and 4 miles away in Downtown Roanoke. The neighborhood is served by Roanoke City Public Schools, with most students attending Monterey Elementary School, Lucy Addison Middle School, and William Fleming High School. Public transportation is accessible via a bus stop at Old Mountain Road and Hollins Road, connecting residents to Roanoke-Blacksburg Regional Airport and downtown. Monterey is safer than the national average, making it a practical choice for families and individuals seeking a community-oriented environment.

Home Trends in Monterey, VA

Housing Trends

Median Sale Price
$250,000
Median Single Family Sale Price
$251,500
Average Price Per Sq Ft
$164
Number of Homes for Sale
4
Last 12 months Home Sales
39
Months of Supply
1.20
Median List Price
$249,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-8%
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