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Two-Unit Historic Duplex
For Sale
$321,750

1111 1st ST SW, Roanoke, VA 24016

Updated kitchens and baths, new central heating and air conditioning, and new water heaters serve both apartments.

Property SizeContact for details
Days on Market22

Property Features for 1111 1st ST SW

General Information

Standard status Active
Total Parking Spaces 1
Property subtype Duplex

Additional Details

Condition Turnkey
Property Use Office

Taxes and HOA fees

Annual Taxes $3,241

Amenities

pocket doors
fireplaces
wrap around porch
enclosed porch
deck

Building Details

Year Built 1900
Buildings 1
Stories 2
Listing Agency: REALSTAR, REALTORS LLC
Listed By: DAVID LINDEN · License #0225046234
Source: Westlandsells
Added: Oct 14 Changed: Nov 4 Last Checked: Nov 3 at 9:00AM

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 REALSTAR, REALTORS LLC

Rey
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Investment Insights

Based on property information with market context.

This two-story duplex at 1111 1st ST SW in Roanoke contains two apartments. Historic details include pocket doors, fireplaces, a wraparound porch on the first floor, and an enclosed second-floor porch with a deck. Both kitchens and bathrooms have been updated, and the building has new central heating and air conditioning and new water heaters.

A walk-up attic with built-in closets offers space that could be converted to additional living area. The property’s zoning also allows office use, and informal parking is accessible from the alley beside the garage.

Key Highlights

  • Two apartments in a two‑story building
  • Updated kitchens and bathrooms in both units
  • New central heating and air conditioning, plus new water heaters

Property Analytics

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Location Intelligence

Trade Area within ½ mile

3,278
Businesses Nearby

Demographics for 24016, VA

9,371
Population
5,602
Households
1.7
Avg Household Size
36
Median Age
26%
College-Educated
88%
High-School Grad
3.0 sq mi
ZIP Area
3,124
Density / Sq Mi
$43,727
Median Household Income
$35,936
Median Earnings
$972
Median Rent
$118,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Updated kitchens and baths, new central heating and air conditioning, and new water heaters serve both apartments.
Where is this duplex located?
The property is located at 1111 1st ST SW Roanoke, VA.
What is the asking price?
The asking price for this property is $321,750.
What are key features of this property?
This property features: Two apartments in a two‑story building; Updated kitchens and bathrooms in both units; New central heating and air conditioning, plus new water heaters
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