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Multifamily Property with Laundry Facility

1606 Wayne Street Northeast Roanoke, VA 24012

1606 Wayne Street Northeast, Roanoke, VA, 24012
$1,649,655
For Sale
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$1,649,655

Multifamily property featuring 24 units and onsite laundry.

Property Size27,442 SF
Price / SF$60.11
AddedFeb 1, 2025
Days on Market530
Last RefreshJul 16 at 5:02 am

Property Features for 1606 Wayne Street Northeast

General Information

Standard status
Active
Size
27,442 SF
Property subtype
MultiFamily / Apartment

Building Details

Year Built
1971

Listing office MKB, REALTORS

Listing date Feb 1, 2025

Source Compass

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 MKB, REALTORS


Investment Insights

Based on property information with market context.

This multifamily property presents an investment opportunity, featuring an onsite laundry facility. The property includes 20 one-bedroom, one-bathroom units and 4 efficiency units. A new onsite property manager is scheduled to be effective starting July 11, 2025. The property size is 27442 square feet.

Key Highlights

  • Great investment opportunity
  • 24 total units with a mix of 1BR/1BA and efficiency units
  • Onsite property manager effective 7/11/2025

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Moneypool Marketing & Advertising

Suggested Use

Real Estate Agency Hair Salon Law Firm Spa & Massage Center Dental Office Nail Salon Gym & Fitness Center Restaurant Accounting Firm Plumbing Service

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

FAQs

What type of property is this?
Apartment building - Multifamily property featuring 24 units and onsite laundry.
Where is this apartment building located?
The property is located at 1606 Wayne Street Northeast Roanoke, VA.
What is the asking price?
The asking price for this property is $1,649,655.
What are key features of this property?
This property features: Great investment opportunity; 24 total units with a mix of 1BR/1BA and efficiency units; Onsite property manager effective 7/11/2025
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