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Duplex with Two Units
For Sale
$350,000

1228 Wasena Avenue Southwest, Roanoke, VA 24015

Brick duplex with shared basement laundry, central air, and alley access near Wasena Park and the Roanoke River Greenway.

Property Size840 SF
Price / SF$416.67
Days on Market277

Property Features for 1228 Wasena Avenue Southwest

General Information

Standard status Active
Size 840 SF
Total Parking Spaces 4
Property subtype MultiFamily / Duplex
Zoning RM1
Net Operating Income $17,560

Units

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

Taxes and HOA fees

Annual Taxes $2,806

Amenities

shared laundry
Central Air, Yes
Heat Pump Gas, Radiator Gas Heat, Yes
Walk-Out Access
0.0
Yes
2.0
Brick

Building Details

Year Built 1948
Buildings 1
Listing Agency: WAINWRIGHT & CO., REALTORS- LAKE
Listed By: KERA MOORE · License #0225225422
Source: Compass
Added: Nov 27, 2025 Changed: Aug 30 Last Checked: Aug 30 at 1:32PM

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 WAINWRIGHT & CO., REALTORS- LAKE

Investment Insights

Based on property information with market context.

This brick duplex contains two 2-bedroom, 1-bath units within an 840-square-foot property built in 1948. Both units share laundry facilities in the unfinished basement, which includes walk-out access. Central air, gas heat pump and radiator heat serve the property, while each unit has a new hot water heater and dishwasher.

The property is located at 1228 Wasena Avenue Southwest in Roanoke, directly across from Wasena Park. Shops, restaurants, and the Roanoke River Greenway are within walking distance. Alley access may support off-street parking, subject to site configuration and applicable requirements. The property is zoned RM1.

Key Highlights

  • Two 2‑bedroom, 1‑bath units in an 840‑square‑foot duplex
  • Built in 1948 with brick exterior construction
  • Shared laundry in unfinished basement with walk‑out access

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Kitchen & Bath Showroom Daycare Center Accounting Firm Locksmith Plumbing Service Catering 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

569
Businesses Nearby

Demographics for 24015, VA

15,973
Population
7,593
Households
2.1
Avg Household Size
40
Median Age
46%
College-Educated
97%
High-School Grad
4.7 sq mi
ZIP Area
3,399
Density / Sq Mi
$69,840
Median Household Income
$46,638
Median Earnings
$884
Median Rent
$251,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Brick duplex with shared basement laundry, central air, and alley access near Wasena Park and the Roanoke River Greenway.
Where is this duplex located?
The property is located at 1228 Wasena Avenue Southwest Roanoke, VA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units in an 840‑square‑foot duplex; Built in 1948 with brick exterior construction; Shared laundry in unfinished basement with walk‑out access
More about this property
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