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    1138 Montrose Ave SE Roanoke, VA 24013

    For Sale
    $399,995

    Duplex - Roanoke, VA

    Type:Duplex
    Lot size:
    0.17 Acres
    Days on Market:
    170
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 1138 Montrose Ave SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Parking features
    On Street
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Heat Pump (Heating), Natural Gas
    Cooling system
    Electric, Heat Pump

    Building Details

    Year built
    1925
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Other

    Continental Real Estate Group, Inc. (877) 996-5728 [email protected]

    Listing agent DEREK EISENBERG 8779965728x3

    Listing date Jun 19, 2025

    MLS# 918411 Listing URL

    Copyright © 2025 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Duplex in Roanoke, VA

    This is a newly renovated duplex located in Roanoke, VA. The property represents a turnkey, income-producing business opportunity. A new roof was installed in 2021, along with new electrical and plumbing systems. The property has a lot size of 0.17 acres. The bottom unit features 2 bedrooms and 1 bathroom, while the upstairs unit includes 3 bedrooms and 1 bathroom. The units have separate electrical systems.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Roanoke
    County
    Salem
    State
    Virginia
    Longitude
    -79.92375
    Latitude
    37.267633

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    FAQs

    What type of property is this?
    Duplex - Newly renovated, cash-flowing duplex with furniture included in Roanoke, VA.
    Where is this duplex located?
    The property is located at 1138 Montrose Ave SE Roanoke, VA.
    What is the asking price?
    The asking price for this property is $399,995.
    What are key features of this property?
    This property features: - Turnkey, cash-flowing property with all furniture included.; - Newly renovated with new electrical and plumbing systems.; - New roof installed in 2021.
    (877) 996-5728
    Request Owner's contact information
    1138 Montrose Ave SE Roanoke, VA 24013
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1138 Montrose Ave SE Roanoke, VA 24013
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