Apartment Building

Roanoke, VA Apartment Buildings for Sale

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6 properties
Stabilized Brick 12-Unit Multifamily
Updated: Jul 7
Stabilized Brick 12-Unit Multifamily

1712 Grandin Rd SW, Roanoke, VA 24015

Contact for pricing
10,656 sqft
Stabilized 12‑unit multifamily with current NOI of $87,176 and a stated path to $129,520
5.81% cap rate on current income, with a stated path to 8.64% at market rents
Brick, income‑producing multifamily in Roanoke’s Grandin Village corridor
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8-Unit Apartment Building
Updated: Aug 24
8-Unit Apartment Building

813 FERDINAND AVE SW, Roanoke, VA 24016

Contact for pricing
6,568 sqft
8‑unit apartment building with 6,568 SF
All units feature 1 bedroom and 1 bathroom
5 units currently rented
Coin‑operated washer and dryer on site
Built in 1930
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Workforce Housing Apartment Community
Workforce Housing Apartment Community

4847 Rutgers Street NW, Roanoke, VA 24012

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83,272 sqft

102-unit workforce housing community with recent HVAC and window upgrades plus renovated apartments and new amenities.

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Downtown Roanoke Mixed-Use Investment
Downtown Roanoke Mixed-Use Investment

135 Salem Ave SW, Roanoke, VA 24011

$1,595,000

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

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6-Unit Apartment Building with Balconies
6-Unit Apartment Building with Balconies

1802 Patterson AVE SW, Roanoke, VA 24016

$339,950

Remodeled property with vinyl siding, replacement windows, flooring, and baseboard electric heat.

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Multifamily Redevelopment Opportunity in Roanoke
Multifamily Redevelopment Opportunity in Roanoke

6520 Thirlane Rd NW, Roanoke, VA 24019

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43,465 sqft 3.35 AC lot

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

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Based on your search, we've compiled 67 Potential Opportunities for your consideration. Besides 6 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

Opportunities in Nearby Cities

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

6-Unit Townhome-Style Apartment Building
6-Unit Townhome-Style Apartment Building

105 TEE Street, Blacksburg, VA 24060

$1,695,000
6,048 sqft 0.36 AC lot

Renovated interiors combine five three-bedroom townhome-style units with a one-bedroom apartment.

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8-Unit Apartment Building
8-Unit Apartment Building

1664 Graves Mill Road, Lynchburg, VA 24502

$899,000
6,792 sqft 0.70 AC lot

Eight matching residences offer a straightforward two-bedroom, one-bath configuration throughout the property.

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Income-Producing 8-Plex Apartment Building
Income-Producing 8-Plex Apartment Building

1664 Graves Mill Rd, Lynchburg, VA 24502

$899,000
6,792 sqft

Eight residential units generate monthly income with consistent 2-bedroom, 1-bath layouts for tenant-ready living.

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Mixed-Use Property with Apartments
Mixed-Use Property with Apartments

702 University City Blvd, Blacksburg, VA 24060

Contact for pricing

Retail, restaurant, apartment, day care, and office components serve multiple commercial functions.

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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)

6800 Autumn Wood Ln, Roanoke, VA 24019-2156

Estimated value:
$235,000
2,576 sqft 0.43 AC lot
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6354 Township Dr
GARDEN APT, COURT APT (5+ UNITS)

6354 Township Dr, Roanoke, VA 24019-1401

Estimated value:
$1,725,000
22,950 sqft 9.50 AC lot
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6139 Darby Rd
GARDEN APT, COURT APT (5+ UNITS)

6139 Darby Rd, Roanoke, VA 24012-1038

Estimated value:
$1,415,000
12,150 sqft 1.00 AC lot
View details
6491 Carefree Ln
GARDEN APT, COURT APT (5+ UNITS)

6491 Carefree Ln, Roanoke, VA 24019-4156

Estimated value:
$2,890,000
12,591 sqft 0.95 AC lot
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107 Springbeauty St
GARDEN APT, COURT APT (5+ UNITS)

107 Springbeauty St, Roanoke, VA 24012-1986

Estimated value:
$1,550,000
51,864 sqft 5.97 AC lot
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401 Friends Way, Unit 405
GARDEN APT, COURT APT (5+ UNITS)

401 Friends Way, Roanoke, VA 24012-1932

Unit 405
Estimated value:
$1,860,000
65,634 sqft 3.42 AC lot
View details
2119 Electric Rd
GARDEN APT, COURT APT (5+ UNITS)

2119 Electric Rd, Roanoke, VA 24018-1969

Estimated value:
$4,445,000
33,840 sqft 1.08 AC lot
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3420 Chaparral Dr
GARDEN APT, COURT APT (5+ UNITS)

3420 Chaparral Dr, Roanoke, VA 24018-4936

Estimated value:
$7,320,000
11,403 sqft 2.51 AC lot
View details
420 Bluebell Ln
GARDEN APT, COURT APT (5+ UNITS)

420 Bluebell Ln, Roanoke, VA 24012-1991

Estimated value:
$1,795,000
35,796 sqft 3.57 AC lot
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4301 Garst Ml Rd
GARDEN APT, COURT APT (5+ UNITS)

4301 Garst Ml Rd, Roanoke, VA 24018-6213

Estimated value:
$24,135,000
9,360 sqft 20.34 AC lot
View details
3101 Honeywood Ln
GARDEN APT, COURT APT (5+ UNITS)

3101 Honeywood Ln, Roanoke, VA 24018-8861

Estimated value:
$25,875,000
10,143 sqft 25.30 AC lot
View details
6154 Darby Rd
GARDEN APT, COURT APT (5+ UNITS)

6154 Darby Rd, Roanoke, VA 24012-1000

Estimated value:
$420,000
11,832 sqft 0.49 AC lot
View details
4333 Electric Rd
GARDEN APT, COURT APT (5+ UNITS)

4333 Electric Rd, Roanoke, VA 24018-8439

Estimated value:
$910,000
12,051 sqft 6.17 AC lot
View details
4480 Banbury Ln
GARDEN APT, COURT APT (5+ UNITS)

4480 Banbury Ln, Roanoke, VA 24018-2371

Estimated value:
$1,140,000
10,713 sqft 12.44 AC lot
View details
3301 Cir Brk Dr
GARDEN APT, COURT APT (5+ UNITS)

3301 Cir Brk Dr, Roanoke, VA 24018-9401

Estimated value:
$990,000
10,143 sqft 10.33 AC lot
View details
3315 Cir Brk Dr
GARDEN APT, COURT APT (5+ UNITS)

3315 Cir Brk Dr, Roanoke, VA 24018-9415

Estimated value:
$1,190,000
11,529 sqft 9.75 AC lot
View details
3330 Cir Brk Dr
GARDEN APT, COURT APT (5+ UNITS)

3330 Cir Brk Dr, Roanoke, VA 24018-9430

Estimated value:
$1,190,000
11,529 sqft 9.78 AC lot
View details
3336 Cir Brk Dr
GARDEN APT, COURT APT (5+ UNITS)

3336 Cir Brk Dr, Roanoke, VA 24018-9436

Estimated value:
$980,000
11,529 sqft 5.16 AC lot
View details

Roanoke, VA Apartment Buildings Market Trends and Statistics

Explore 63 apartment buildings for sale in Roanoke, VA, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 143,961 square feet of properties for sale, with an estimated market value of $1,934,950.

Sale prices for apartment complexes in Roanoke, VA start at $339,950, averaging $967,475, and reaching up to $1,595,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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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 average listing prices of real estate assets

Neighborhood Average Price
24016 $340K
24011 $1.6M
24014 $2M

Taxes & Financing

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

Property Size Breakdown

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

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