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Triplex with Long-Term Tenants
For Sale
$157,565

404 Harrison Avenue Northwest, Roanoke, VA 24016

Three-unit residential property with vinyl siding and electric baseboard heat near downtown.

Property Size2,178 SF
Price / SF$72.34
Days on Market503

Property Features for 404 Harrison Avenue Northwest

General Information

Standard status Active
Size 2,178 SF
Property subtype MultiFamily / Triplex

Additional Details

Multifamily Units 3

Taxes and HOA fees

Annual Taxes $1,297

Amenities

None, No
Baseboard Electric, Yes
Full
0.0
Yes
3.0
Vinyl Siding

Building Details

Year Built 1910
Listing Agency: MKB, REALTORS
Listed By: COURTNEE BISHOP · License #0225249700
Source: Compass
Added: Apr 16, 2025 Changed: Aug 30 Last Checked: Aug 30 at 4:04AM

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 three-unit residential property contains 2,178 square feet and was built in 1910. The building has vinyl siding and baseboard electric heating, with full interior features noted in the property information.

Located at 404 Harrison Avenue Northwest in Roanoke, the property is near downtown. Long-term tenants are in place, and the seller pays water and sewer expenses.

Key Highlights

  • 2,178‑square‑foot triplex with three residential units
  • Long‑term tenants in place
  • Seller pays water and sewer

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Veterinary Clinic Pet Grooming Service Florist Tanning Salon

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

2,176
Businesses Nearby

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

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

What type of property is this?
Triplex - Three-unit residential property with vinyl siding and electric baseboard heat near downtown.
Where is this triplex located?
The property is located at 404 Harrison Avenue Northwest Roanoke, VA.
What is the asking price?
The asking price for this property is $157,565.
What are key features of this property?
This property features: 2,178‑square‑foot triplex with three residential units; Long‑term tenants in place; Seller pays water and sewer
More about this property
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