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    Roanoke, VA Apartment Buildings for Sale

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    Vinton, VA Salem, VA Hollins, VA
    Downtown Roanoke Mixed-Use Investment
    $1,795,000

    Downtown Roanoke Mixed-Use Investment

    135 Salem Ave SW, Roanoke, VA 24011

    10-unit property in prime downtown location with income streams.

    • Prime Downtown Location: close to major employers, restaurants, and cultural destinations
    • Strong Income Stream: diverse income from long‑term and short‑term tenants
    • Proven Tenant Demand: short‑term units consistently leased to executive and traveling healthcare professionals
    • 10‑unit mixed‑use asset
    • Historic Roanoke character with modern livability
    Updated: Mar 6
    View details
    82-Unit Multifamily Community in Roanoke
    $11,200,000
    127,900 SF

    82-Unit Multifamily Community in Roanoke

    803 King James St SW, Roanoke, VA 24014

    Apartment and townhouse community in South Roanoke near US-220/I-581.

    • Located in highly sought‑after South Roanoke.
    • Convenient access to Tanglewood Mall, Virginia Tech Carilion Biomedical Research Center, and Downtown Roanoke.
    • Diverse unit mix including apartments, townhomes, cottages, and single‑family homes.
    • Neighborhood‑style setting with rolling lawns and pedestrian walkways.
    • Comprised of twenty‑five buildings on approximately 11.34 acres.
    Updated: Mar 3
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    Multifamily Property with Vacant Unit
    $1,084,705
    29,185 SF

    Multifamily Property with Vacant Unit

    Multifamily property featuring eleven occupied units and one vacant unit.

    813 13th Street Southwest, Unit 821, Roanoke, VA 24016
    View details
    Multifamily Property with Laundry Facility
    $1,649,655
    27,442 SF

    Multifamily Property with Laundry Facility

    Multifamily property featuring 24 units and onsite laundry.

    1606 Wayne Street Northeast, Roanoke, VA 24012
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    Multifamily Redevelopment Opportunity in Roanoke
    $2,250,000
    43,465 SF

    Multifamily Redevelopment Opportunity in Roanoke

    105-unit multifamily redevelopment opportunity in Roanoke County, Virginia.

    6520 Thirlane Rd NW, Roanoke, VA 24019
    View details
    Based on your search, we've compiled 70 Potential Opportunities for your consideration. Besides 5 Active listings in Roanoke, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Side-by-Side Multifamily Portfolio
    $1,600,000
    8,263 SF

    Side-by-Side Multifamily Portfolio

    Five R-4 zoned homes with current rental income and walkability to Radford University.

    1201 - 1217 Fairfax Street, Radford, VA 24141
    View details
    Radford Multifamily Investment Portfolio
    $1,600,000
    0.75 Acres

    Radford Multifamily Investment Portfolio

    Five homes near Radford University generating substantial monthly income.

    1201-1217 Fairfax St, Radford, VA 24141
    View details
    Collinsville Multifamily Property For Sale
    $1,299,999
    16,000 SF

    Collinsville Multifamily Property For Sale

    Well-maintained multifamily property with 16 townhomes and 1 studio.

    324-325 Maple Drive, Collinsville, VA 24078
    View details
    97-Unit Multifamily Investment Opportunity
    $7,445,000
    83,940 SF

    97-Unit Multifamily Investment Opportunity

    Multifamily property with 97 units near Roanoke MSA.

    81 Terry Ct, Collinsville, VA 24078
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres

    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215
    View details
    La Plata Land For Sale
    $250,000
    0.23 Acres

    La Plata Land For Sale

    0.23 acre parcel in La Plata, zoned CB.

    107 HOWARD Street, La Plata, MD 20646
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details
    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
    View details

    Off-Market Properties in Roanoke, VA

    Consider similar Off-Market properties in Roanoke, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6800 Autumn Wood Ln
    GARDEN APT, COURT APT (5+ UNITS)
    2,576 SF Lot: 0.43 Acres
    Value Estimation by Request

    6800 Autumn Wood Ln, Roanoke, VA 24019-2156

    View details
    6354 Township Dr
    GARDEN APT, COURT APT (5+ UNITS)
    22,950 SF Lot: 9.50 Acres
    Estimated value
    $1,725,000

    6354 Township Dr, Roanoke, VA 24019-1401

    View details
    6139 Darby Rd
    GARDEN APT, COURT APT (5+ UNITS)
    12,150 SF Lot: 1.00 Acre
    Estimated value
    $1,285,000

    6139 Darby Rd, Roanoke, VA 24012-1038

    View details
    6491 Carefree Ln
    GARDEN APT, COURT APT (5+ UNITS)
    12,591 SF Lot: 0.95 Acres
    Estimated value
    $2,560,000

    6491 Carefree Ln, Roanoke, VA 24019-4156

    View details
    107 Springbeauty St
    GARDEN APT, COURT APT (5+ UNITS)
    51,864 SF Lot: 5.97 Acres
    Estimated value
    $1,550,000

    107 Springbeauty St, Roanoke, VA 24012-1986

    View details
    401 Friends Way, Unit 405
    GARDEN APT, COURT APT (5+ UNITS)
    65,634 SF Lot: 3.42 Acres
    Estimated value
    $1,860,000
    Unit 405

    401 Friends Way, Roanoke, VA 24012-1932

    View details
    2119 Electric Rd
    GARDEN APT, COURT APT (5+ UNITS)
    33,840 SF Lot: 1.08 Acres
    Estimated value
    $3,545,000

    2119 Electric Rd, Roanoke, VA 24018-1969

    View details
    3420 Chaparral Dr
    GARDEN APT, COURT APT (5+ UNITS)
    11,403 SF Lot: 2.51 Acres
    Estimated value
    $7,240,000

    3420 Chaparral Dr, Roanoke, VA 24018-4936

    View details
    420 Bluebell Ln
    GARDEN APT, COURT APT (5+ UNITS)
    35,796 SF Lot: 3.57 Acres
    Estimated value
    $1,795,000

    420 Bluebell Ln, Roanoke, VA 24012-1991

    View details
    4301 Garst Ml Rd
    GARDEN APT, COURT APT (5+ UNITS)
    9,360 SF Lot: 20.34 Acres
    Estimated value
    $23,545,000

    4301 Garst Ml Rd, Roanoke, VA 24018-6213

    View details
    3101 Honeywood Ln
    GARDEN APT, COURT APT (5+ UNITS)
    10,143 SF Lot: 25.30 Acres
    Estimated value
    $19,345,000

    3101 Honeywood Ln, Roanoke, VA 24018-8861

    View details
    6154 Darby Rd
    GARDEN APT, COURT APT (5+ UNITS)
    11,832 SF Lot: 0.49 Acres
    Value Estimation by Request

    6154 Darby Rd, Roanoke, VA 24012-1000

    View details
    4333 Electric Rd
    GARDEN APT, COURT APT (5+ UNITS)
    12,051 SF Lot: 6.17 Acres
    Estimated value
    $910,000

    4333 Electric Rd, Roanoke, VA 24018-8439

    View details
    4480 Banbury Ln
    GARDEN APT, COURT APT (5+ UNITS)
    10,713 SF Lot: 12.44 Acres
    Estimated value
    $1,140,000

    4480 Banbury Ln, Roanoke, VA 24018-2371

    View details
    3301 Cir Brk Dr
    GARDEN APT, COURT APT (5+ UNITS)
    10,143 SF Lot: 10.33 Acres
    Estimated value
    $990,000

    3301 Cir Brk Dr, Roanoke, VA 24018-9401

    View details
    3315 Cir Brk Dr
    GARDEN APT, COURT APT (5+ UNITS)
    11,529 SF Lot: 9.75 Acres
    Estimated value
    $1,190,000

    3315 Cir Brk Dr, Roanoke, VA 24018-9415

    View details
    3330 Cir Brk Dr
    GARDEN APT, COURT APT (5+ UNITS)
    11,529 SF Lot: 9.78 Acres
    Estimated value
    $1,190,000

    3330 Cir Brk Dr, Roanoke, VA 24018-9430

    View details
    3336 Cir Brk Dr
    GARDEN APT, COURT APT (5+ UNITS)
    11,529 SF Lot: 5.16 Acres
    Estimated value
    $980,000

    3336 Cir Brk Dr, Roanoke, VA 24018-9436

    View details
    4620 Buck Run Dr
    GARDEN APT, COURT APT (5+ UNITS)
    13,356 SF Lot: 5.67 Acres
    Estimated value
    $1,140,000

    4620 Buck Run Dr, Roanoke, VA 24018-9042

    View details

    Roanoke, VA Apartment Buildings Investment Opportunities Market Analysis

    Explore 62 apartment buildings for sale in Roanoke, VA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 227,992 square feet of properties for sale, with an estimated market value of $16,184,360.

    Sale prices for two-family homes in Roanoke, VA start at $1,084,705, averaging $4,046,090, and reaching up to $11,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Property Size Breakdown

    The majority of commercial real estate listings in Roanoke fall within the 100,000+ square foot range.

    Demographics Overview

    Population 171K
    Population Growth (5Y) +9.4%
    Median Household Income $66,063
    College Educated 10.0%

    High-Yield Neighborhoods for Investment

    Identify Roanoke submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    24016 $1.1M
    24012 $1.6M
    24011 $1.8M
    24019 $2.3M
    24014 $11.2M

    Taxes & Financing

    Tax Rate (average for all types) 1.05%
    Property Tax per SF $16.57 per sq ft
    Average Loan-to-Value 65.0%

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    Most Searched ZIP Codes in Roanoke, VA

    • 24011
    • 24012
    • 24014
    • 24016
    • 24019

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