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Two-Unit Duplex with New Roof
For Sale
$189,000
Pending

734 Murray Avenue Southeast, Roanoke, VA 24013

Each residence offers two bedrooms and one bathroom in a Southeast Roanoke property near downtown.

Property Size7,405 SF
Days on Market545

Property Features for 734 Murray Avenue Southeast

General Information

Standard status Pending
Size 7,405 SF
Total Parking Spaces 2
Property subtype MultiFamily / Duplex
Occupancy 100%
Net Operating Income $14,200

Units

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

Additional Details

Average Monthly Rent $725

Taxes and HOA fees

Annual Taxes $1,665

Amenities

Window Unit(s), Yes
Heat Pump Electric, Yes
Partial
0.0
Yes
2.0
Vinyl Siding, Wood Siding

Building Details

Year Built 1925
Listing Agency: PALMER REALTY GROUP LLC
Listed By: ANDRE PALMER · License #0225207973
Source: Compass
Added: Mar 5, 2025 Changed: Aug 31 Last Checked: Aug 31 at 12:43AM

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 PALMER REALTY GROUP LLC

Investment Insights

Based on property information with market context.

This two-unit duplex in Southeast Roanoke was built in 1925 and includes matching residences, each arranged with two bedrooms and one bathroom. The property has received a recent roof replacement and features vinyl and wood siding.

Both units are currently occupied, providing an established rental setup for an owner seeking a duplex configuration. The property is located near downtown Roanoke at 734 Murray Avenue Southeast.

Key Highlights

  • Two‑unit duplex with two bedrooms and one bathroom per unit
  • Recent roof replacement
  • Built in 1925

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nail Salon Pharmacy Home Appliance Store Garden Center Storage Facility Pet Grooming 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
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

594
Businesses Nearby

Demographics for 24013, VA

7,835
Population
3,334
Households
2.4
Avg Household Size
37
Median Age
13%
College-Educated
85%
High-School Grad
2.2 sq mi
ZIP Area
3,561
Density / Sq Mi
$53,070
Median Household Income
$29,394
Median Earnings
$1,017
Median Rent
$111,500
Median Home Value

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?
Duplex - Each residence offers two bedrooms and one bathroom in a Southeast Roanoke property near downtown.
Where is this duplex located?
The property is located at 734 Murray Avenue Southeast Roanoke, VA.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: Two‑unit duplex with two bedrooms and one bathroom per unit; Recent roof replacement; Built in 1925
More about this property
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