1012 Palmetto AVE NW & 1014, Roanoke, VA 24017

Building Details

Year Built

1953

Listing agent Alla Scott License #VA 225215407

Listing office Coldwell Banker Townside Realtors

Listing date Jun 13, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Townside Realtors

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Overview

This low-maintenance, ranch-style duplex offers two separate living units. Each unit includes 1 bedroom and 1 bathroom, and both are currently occupied. The larger unit is leased at $750 per month, while the smaller unit is leased at $400 per month. Tenants are responsible for all utilities, and lawn care is also tenant responsibility, which helps reduce ongoing owner maintenance. Both units are on month-to-month leases, with a 48-hour notice required for all showings.

The property is located at 1012 Palmetto AVE NW & 1014 in Roanoke, VA 24017.

For buyers or operators looking for an easy-to-manage duplex layout, this asset provides two compact, same-format units (1 bed/1 bath each) with rent already established. The month-to-month terms may offer flexibility for tenant moves while maintaining current occupancy, subject to local lease and legal requirements. With tenant-paid utilities and lawn care, the day-to-day operating responsibilities are limited compared to properties where utilities and exterior maintenance are handled by the owner.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

• Map
• Local Demand

City

Roanoke

County

Salem

State

Virginia

Longitude

-79.9836264

Latitude

37.2905053

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FAQs

What type of property is this?

Duplex - Two 1-bed, 1-bath ranch units with occupied month-to-month leases and tenant-paid utilities and lawn care.

Where is this duplex located?

The property is located at 1012 Palmetto AVE NW & 1014 Roanoke, VA.

What is the asking price?

The asking price for this property is $225,000.

What are key features of this property?

This property features: 1953‑built ranch duplex with two separate 1‑bed, 1‑bath units; Current rents: $750/month for the larger unit and $400/month for the smaller unit; Both units are occupied with month‑to‑month leases