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Ranch-Style Duplex with Basement Space
New
For Sale
$284,500

181 Maplelawn Ave Ne, Roanoke, VA 24012

Two-unit property with separate laundry areas, replacement windows, private basements, and parking serving both residences.

Property SizeContact for details
Days on Market6

Property Features for 181 Maplelawn Ave Ne

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Additional Details

Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,578

Amenities

laundry
storage shed

Building Details

Buildings 1
Construction ranch style
Tenancy Multi
Listing Agency: MKB, REALTORS
Listed By: RICK PAYNE
Source: Exprealty
Added: Sep 21 Changed: Sep 23 Last Checked: Sep 24 at 10:40AM

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 ranch-style duplex at 181 Maplelawn Ave NE includes two residential units, each with its own basement storage area and laundry setup. Vinyl replacement windows are installed throughout both units, while the right-side residence also features luxury vinyl flooring. Tenants are responsible for all utilities, and both leases run through April 30, 2027.

The property occupies a corner lot in Roanoke with side-door parking available for both units. A level rear yard provides outdoor living space and includes a large metal storage shed. The layout combines separate residential accommodations with dedicated lower-level space and shared site amenities.

Key Highlights

  • Two‑unit ranch‑style duplex on a corner lot
  • Separate basement space and laundry for each unit
  • Vinyl replacement windows installed in both residences

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Daycare Center Skin Care Clinic Garden Center

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

232
Businesses Nearby

Demographics for 24012, VA

30,037
Population
13,455
Households
2.2
Avg Household Size
40
Median Age
24%
College-Educated
87%
High-School Grad
20.3 sq mi
ZIP Area
1,480
Density / Sq Mi
$51,002
Median Household Income
$39,079
Median Earnings
$1,002
Median Rent
$177,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Two-unit property with separate laundry areas, replacement windows, private basements, and parking serving both residences.
Where is this duplex located?
The property is located at 181 Maplelawn Ave Ne Roanoke, VA.
What is the asking price?
The asking price for this property is $284,500.
What are key features of this property?
This property features: Two‑unit ranch‑style duplex on a corner lot; Separate basement space and laundry for each unit; Vinyl replacement windows installed in both residences
More about this property
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