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Brick Multifamily Investment Property

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
Listed by JASON FOUNTAIN · License #0225277798
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.

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

Apartment buildings

Suggested Use

Hair Salon Building Supply Auto Repair Shop HVAC Service Kitchen & Bath Showroom Electrical Service Spa & Massage Center Grocery & Convenience Store Plumbing Service (Bike/Boat/Book/etc) Store

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

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
Contact an agent
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