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Updated Duplex with Porches
For Sale
$172,450

1202 Melrose Ave NW, Roanoke, VA 24017

Residential Income, Roanoke, VA

Property SizeContact for details
Lot Size0.17 Acres
Days on Market77

Property Features for 1202 Melrose Ave NW

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Interior features Storage
Basement Partial
Elementary school Roanoke Academy of Math and Science
Middle school Lucy Addison
High school Patrick Henry
Directions FROM CIVIC CENTER - ORANGE AVE WEST, LEFT ON 12TH, RIGHT ON MELROSE, HOME ON LEFT.
Subdivision 0140 - City of Roanoke - NW
Standard status Active
APN 222-2808
Lot size 0.17 Acres

Taxes and HOA fees

Tax Annual Amount 1925

Utilities

Sewer type Public Sewer
Heating system Forced Air, Electric (Heating), Baseboard, Natural Gas
Water source Public

Amenities

storage in attic and basement
front and back porches
laundry hookups
balcony
level back lawn

Building Details

Year built 1925
Number of units 2
Building materials Vinyl Siding
Additional Structures Storage
Listing Agency: MOUNTAIN VIEW REAL ESTATE LLC
Listed By: BRADLEY VICTOR THOMAS · License #0225188833
Added: Jun 22 Changed: Aug 31 Last Checked: Sep 6 at 9:06AM
MLS# 928726

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This duplex, constructed in 1925, occupies a 0.17-acre lot in Roanoke. The two-unit layout includes hardwood flooring, luxury vinyl tile, updated cabinetry in the second unit, laundry hookups for both residences, and a refinished clawfoot bathtub. Interior and exterior paint have been refreshed, while the metal roof has been repainted. Electrical wiring and insulation have also been upgraded, with insulation added in the walls and attic.

The property includes porches at the front and rear, a level back lawn, and storage in both the attic and basement. Public water and sewer serve the building. Located on Melrose Ave NW near the bus line, the property also offers a balcony view of the Roanoke Star. The layout may be restored to a single-family configuration by reinstalling a doorway.

Key Highlights

  • Duplex built in 1925 on a 0.17‑acre lot
  • Laundry hookups provided in both units
  • Updated electrical wiring and blown‑in insulation in walls and attic

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Dental Office Real Estate Agency Kitchen & Bath Showroom Skin Care Clinic Hair Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

415
Businesses Nearby

Demographics for 24017, VA

23,902
Population
11,263
Households
2.1
Avg Household Size
38
Median Age
17%
College-Educated
87%
High-School Grad
9.0 sq mi
ZIP Area
2,656
Density / Sq Mi
$45,954
Median Household Income
$30,345
Median Earnings
$966
Median Rent
$139,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit property with refreshed interiors, separate laundry hookups, storage areas, and access to public water and sewer.
Where is this duplex located?
The property is located at 1202 Melrose Ave NW Roanoke, VA.
What is the asking price?
The asking price for this property is $172,450.
What are key features of this property?
This property features: Duplex built in 1925 on a 0.17‑acre lot; Laundry hookups provided in both units; Updated electrical wiring and blown‑in insulation in walls and attic
More about this property
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