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    Roanoke, VA Apartment Buildings for Sale

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    9 properties
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    12-Unit Apartment Building
    Updated: Oct 31, 2025
    12-Unit Apartment Building

    4622 Grandin Road Southwest, Roanoke, VA 24018

    $1,795,000
    44,866 sqft
    12‑unit apartment building with spacious two‑bedroom residences
    All‑brick Colonial‑style construction completed in 1977
    Central air and forced‑air electric heating
    RM‑2 zoning
    Current rents reported below market
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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

    Contact for pricing
    83,272 sqft

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

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    18-Unit Brick Apartment Buildings
    18-Unit Brick Apartment Buildings

    2404 Longview Ave SW, Roanoke, VA 24014

    $1,995,000

    Three-story brick structures surround a central courtyard and offer a consistent two-bedroom floor plan.

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    Stabilized Brick 12-Unit Multifamily
    Stabilized Brick 12-Unit Multifamily

    1712 Grandin Rd Sw, Roanoke, VA 24015

    $1,499,000

    Stabilized 12-unit multifamily with current NOI of $87,176 and a stated path to $129,520.

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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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    Multifamily Redevelopment Opportunity in Roanoke
    Multifamily Redevelopment Opportunity in Roanoke

    6520 Thirlane Rd NW, Roanoke, VA 24019

    Contact for pricing
    43,465 sqft 3.35 AC lot

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

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    10-Unit Townhome Apartment Building
    10-Unit Townhome Apartment Building

    2612 Belle Ave NE, Roanoke, VA 24012

    Contact for pricing

    Rented townhomes offer dedicated parking, updated windows, and washer/dryer hookups.

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    Six-Unit Apartment Building
    Six-Unit Apartment Building

    421 Elm Ave, Roanoke, VA 24016

    Contact for pricing

    Fully occupied apartment property with rear parking, individual unit access, and basement laundry facilities.

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    Based on your search, we've compiled 70 Potential Opportunities for your consideration. Besides 9 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.

    Elevator-Served Hotel Property
    Elevator-Served Hotel Property

    205 205 S Main Street, Blacksburg, VA 24060

    $5,950,000
    23,940 sqft

    Downtown hospitality property with guest accommodations, covered parking, and conversion potential subject to approvals.

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    Radford Multifamily Investment Portfolio
    Radford Multifamily Investment Portfolio

    1201-1217 Fairfax St, Radford, VA 24141

    $1,600,000
    0.75 AC lot

    Five homes near Radford University generating substantial monthly income.

    View details
    Elevator-Served Hospitality Building
    Elevator-Served Hospitality Building

    205 S Main St, Blacksburg, VA 24060

    Contact for pricing
    23,940 sqft

    Three-story inn with central corridor layout, elevator access, dual stairwells, and covered on-site parking.

    View details
    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    1116 Grove Ave, Radford, VA 24141

    Contact for pricing

    Five residential units accompany the restaurant, including efficiency, one-bedroom, and two-bedroom layouts near Radford University.

    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)

    6800 Autumn Wood Ln, Roanoke, VA 24019-2156

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

    6354 Township Dr, Roanoke, VA 24019-1401

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

    6139 Darby Rd, Roanoke, VA 24012-1038

    $1,415,000
    Estimated value
    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

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

    107 Springbeauty St, Roanoke, VA 24012-1986

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

    401 Friends Way, Roanoke, VA 24012-1932

    Unit 405
    $1,860,000
    Estimated value
    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

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

    3420 Chaparral Dr, Roanoke, VA 24018-4936

    $7,320,000
    Estimated value
    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

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

    4301 Garst Ml Rd, Roanoke, VA 24018-6213

    $24,135,000
    Estimated value
    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

    $25,875,000
    Estimated value
    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

    $420,000
    Estimated value
    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

    $910,000
    Estimated value
    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

    $1,140,000
    Estimated value
    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

    $990,000
    Estimated value
    10,143 sqft 10.33 AC lot
    View details

    Roanoke, VA Apartment Buildings Market Trends and Statistics

    Explore 66 apartment buildings for sale in Roanoke, VA, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 178,171 square feet of properties for sale, with an estimated market value of $6,884,000.

    Sale prices for two-family homes in Roanoke, VA start at $1,499,000, averaging $1,721,000, and reaching up to $1,995,000 — 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
    24015 $1.5M
    24011 $1.6M
    24018 $1.8M
    24014 $6.4M

    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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    Most Searched ZIP Codes in Roanoke, VA

    • 24012
    • 24016
    • 24011
    • 24014
    • 24015
    • 24018
    • 24019

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