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    1195 Fairmont Dr Vinton, VA 24179

    For Sale
    $349,500

    Duplex - Vinton, VA

    Type:Duplex
    Lot size:
    0.21 Acres
    Days on Market:
    59
    Last Refresh:
    Dec 10 at 10:06 am

    Property Features for 1195 Fairmont Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Duplex
    Standard status
    Active
    Exterior features
    Current Lease, Handicap Access
    Accessibility
    Accessible Approach with Ramp
    Lot size
    0.21 Acres

    Utilities

    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Electric, Heat Pump

    Building Details

    Year built
    1996
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Other

    Re/Max Lakefront Realty (540) 721-3555 [email protected]

    Listing agent KARENNA STUTZMAN (540) 721-3555

    Listing date Oct 13, 2025

    MLS# 921563 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

    Vinton Duplex Investment Opportunity

    This duplex presents an excellent investment opportunity in a prime Vinton location, situated just outside of Roanoke. The property is in wonderful condition, with each unit featuring 2 bedrooms and 1.5 bathrooms. Both units offer single-level living and are wheelchair accessible. The property provides steady rental income with two tenants currently paying $800 per month; however, the market could potentially support raising rent prices. Located just off 24 behind Carter Bank and Trust, the property benefits from a prime location near grocery stores, restaurants, banks, pharmacies, WE Cundiff Elementary, and William Byrd High School.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Vinton
    County
    Roanoke
    State
    Virginia
    Longitude
    -79.88019
    Latitude
    37.276355

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    FAQs

    What type of property is this?
    Duplex - Well-maintained Vinton duplex near amenities, offering steady rental income.
    Where is this duplex located?
    The property is located at 1195 Fairmont Dr Vinton, VA.
    What is the asking price?
    The asking price for this property is $349,500.
    What are key features of this property?
    This property features: - Steady rental income from a well-maintained duplex.; - Prime location in Vinton, near essential amenities.; - Both units are wheelchair accessible with single-level living.
    (540) 721-3555
    Request Owner's contact information
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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
    1195 Fairmont Dr Vinton, VA 24179
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