Brick Multifamily Investment
1712 Grandin Road Southwest Roanoke, VA 24015
1712 Grandin Road Southwest, Roanoke, VA, 24015
$1,499,000
For Sale
$1,499,000
Classic brick apartment building with 12 units, on-site parking, and additional income potential from garage and laundry.
Property Size25,264 SF
Price / SF$59.33
Days on Market32
Property Features for 1712 Grandin Road Southwest
General Information
- Standard status
- Active
- Size
- 25,264 SF
- Property subtype
- MultiFamily / Apartment
Building Details
- Year Built
- 1930
Listing agency
INVESTORS REAL ESTATE PARTNERS LLC
(540) 444-4737
Listed by
JASON FOUNTAIN · License #0225277798
(540) 444-4737
Source
Compass
Added: Jun 22 Updated: Jul 22 at 1:16AM Checked: Jul 22 at 9:29AM
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 INVESTORS REAL ESTATE PARTNERS LLC
Investment Insights
Based on property information with market context.
This classic brick, 1930s multifamily property contains 12 total units, including eight 2-bedroom apartments and four 1-bedroom apartments. The building is positioned for durable rental demand and includes on-site parking in the back. Additional income opportunities mentioned include garage leases for eight units and laundry income.
The property is located along Grandin Road SW in Roanoke’s Raleigh Court/Grandin Village area, with convenient access to nearby restaurants, shopping, parks, schools, public transportation, and major employment centers.
As presented, the unit mix and on-site parking support continued residential income generation, with the additional revenue streams tied to garage and laundry operations.
The property is located along Grandin Road SW in Roanoke’s Raleigh Court/Grandin Village area, with convenient access to nearby restaurants, shopping, parks, schools, public transportation, and major employment centers.
As presented, the unit mix and on-site parking support continued residential income generation, with the additional revenue streams tied to garage and laundry operations.
Key Highlights
- 12‑unit multifamily building: 8 two‑bedroom units and 4 one‑bedroom units
- Classic brick construction with partial basement; on‑site parking in back
- Additional potential income includes 8 garage units and laundry income
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Classic brick apartment building with 12 units, on-site parking, and additional income potential from garage and laundry.
Where is this apartment building located?
The property is located at 1712 Grandin Road Southwest Roanoke, VA.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 12‑unit multifamily building: 8 two‑bedroom units and 4 one‑bedroom units; Classic brick construction with partial basement; on‑site parking in back; Additional potential income includes 8 garage units and laundry income