Renovated Triplex with Private
For Sale
$379,975
1316 Chapman Ave Sw, Roanoke, VA 24016
Separately metered residences include private laundry, with tenants responsible for electric service.
Property SizeContact for details
Days on Market27
Property Features for 1316 Chapman Ave Sw
General Information
Standard status
Active
Property subtype
Residential Income
Units
Unit Mix
1 x 4BR/1BA, 1 x 3BR/1BA, 1 x 2BR/1BA
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$1,799
Amenities
in-unit laundry
Building Details
Buildings
1
Listing Agency:
REAL BROKER LLC - DGA-SALEM
(540) 816-5659
Listed By:
JARED LEE HERRON
(540) 816-5659
Source:
Exprealty
Added: Aug 5
Changed: Aug 29
Last Checked: Aug 30 at 9:08PM
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 REAL BROKER LLC - DGA-SALEM
Investment Insights
Based on property information with market context.
This renovated triplex includes three residences with distinct layouts: one offers 4 bedrooms and 1 bathroom, another has 3 bedrooms and 1 bathroom, and the third provides 2 bedrooms and 1 bathroom. Every unit includes its own laundry, and all units are separately metered for electric service. Recent property improvements include a roof, HVAC systems, furnaces, and hot water heaters that are 2 years old, along with a new main water line and gas line completed in 2026. Cosmetic upgrades have also been completed throughout.
Located at 1316 Chapman Ave SW in Roanoke, the property is within walking minutes of Grandin Village. The owner pays for water, while tenants pay their own electric service.
Located at 1316 Chapman Ave SW in Roanoke, the property is within walking minutes of Grandin Village. The owner pays for water, while tenants pay their own electric service.
Key Highlights
- Three‑unit property with 4‑bedroom, 3‑bedroom, and 2‑bedroom residences
- Each unit includes its own laundry
- All units are separately metered for electric service
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
564
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Separately metered residences include private laundry, with tenants responsible for electric service.
Where is this triplex located?
The property is located at 1316 Chapman Ave Sw Roanoke, VA.
What is the asking price?
The asking price for this property is $379,975.
What are key features of this property?
This property features: Three‑unit property with 4‑bedroom, 3‑bedroom, and 2‑bedroom residences; Each unit includes its own laundry; All units are separately metered for electric service
