Three-Parcels Duplex Apartment
For Sale
Contact for pricing
Pending
124-132 Avendale Avenue NE, Roanoke, VA 24012
Two separately metered 2BR/1BA duplex buildings with a third lot used for parking.
Property Size4,116 SF
Days on Market160
Property Features for 124-132 Avendale Avenue NE
General Information
Standard status
Pending
Size
4,116 SF
Property subtype
Multifamily
Zoning
RM-1
Additional Details
Multifamily Units
4
Building Details
Year Built
1988
Year Renovated
2026
Buildings
2
Stories
1
Units
4
Listing Agency:
Gentry Commercial Real Estate Inc
Listed By:
Christopher Gentry, SIOR · License #VA 0225033997
Source:
Crexi
Added: Mar 29
Changed: Aug 8
Last Checked: Jul 24 at 8:14AM
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 Gentry Commercial Real Estate Inc
Investment Insights
Based on property information with market context.
The offering includes two duplex apartment buildings plus an additional lot currently used as parking. Each unit is a 2BR, 1BA layout. Improvements have been made within recent years, and one unit is currently being renovated with new flooring, new bath fixtures, paint, and a new water heater.
Units are separately metered for electric and gas, supporting independent utility responsibility. The property is described as conveniently located just off Williamson Road near Orange Avenue and is supported by an excellent rental history.
The asset consists of three separate parcels, with the third parcel providing on-site parking and potential space for another structure, subject to applicable approvals.
Units are separately metered for electric and gas, supporting independent utility responsibility. The property is described as conveniently located just off Williamson Road near Orange Avenue and is supported by an excellent rental history.
The asset consists of three separate parcels, with the third parcel providing on-site parking and potential space for another structure, subject to applicable approvals.
Key Highlights
- Two duplex apartment buildings built in 1988, plus an additional lot currently used as parking
- All units are 2BR/1BA, with separately metered electric and gas service
- Recent improvements throughout the property; one unit is currently being renovated with new flooring, bath fixtures, paint, and a new water heater
Property Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
430
Businesses Nearby
Explore this area
Business Placement
Demographics for 24012, VA
30,037
Population
13,455
Households
2.2
Avg Household Size
40
Median Age
24%
College-Educated
87%
High-School Grad
20.3 sq mi
ZIP Area
1,480
Density / Sq Mi
$51,002
Median Household Income
$39,079
Median Earnings
$1,002
Median Rent
$177,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately metered 2BR/1BA duplex buildings with a third lot used for parking.
Where is this duplex located?
The property is located at 124-132 Avendale Avenue NE Roanoke, VA.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Two duplex apartment buildings built in 1988, plus an additional lot currently used as parking; All units are 2BR/1BA, with separately metered electric and gas service; Recent improvements throughout the property; one unit is currently being renovated with new flooring, bath fixtures, paint, and a new water heater
