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Masonry 4-Unit Quadplex
For Sale
$450,000

1112 Chapman Ave Sw, Roanoke, VA 24016

Each residence has a two-bedroom, one-bathroom layout.

Property SizeContact for details
Days on Market18

Property Features for 1112 Chapman Ave Sw

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Financials

Gross Income $57,600
Average Monthly Rent $1,200

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $2,674

Building Details

Buildings 1
Construction masonry
Listing Agency: INVESTORS REAL ESTATE PARTNERS LLC
Listed By: JASON NOEL FOUNTAIN · License #0225077081
Source: Exprealty
Added: Sep 28 Changed: Oct 9 Last Checked: Oct 15 at 1:54AM

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 INVESTORS REAL ESTATE PARTNERS LLC

Investment Insights

Based on property information with market context.

Located at 1112 Chapman Ave SW in Roanoke, this masonry quadplex contains four residences, each configured with two bedrooms and one bathroom. The property is fully occupied, and all four units have City of Roanoke Rental Certificates of Compliance valid through June 2029.

Key Highlights

  • Four‑unit masonry building at 1112 Chapman Ave SW in Roanoke
  • Two bedrooms and one bathroom in each unit
  • Fully occupied

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Dental Office Pharmacy Kitchen & Bath Showroom Carpet & Flooring Store (Bike/Boat/Book/etc) Store Furniture & Home Goods

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

739
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
View Realmo Analytics

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?
Quadplex - Each residence has a two-bedroom, one-bathroom layout.
Where is this quadplex located?
The property is located at 1112 Chapman Ave Sw Roanoke, VA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four‑unit masonry building at 1112 Chapman Ave SW in Roanoke; Two bedrooms and one bathroom in each unit; Fully occupied
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