Two-Tenant Multifamily
New
For Sale
$480,000
2001 Memorial Ave SW, Roanoke, VA 24015
Two current tenants generate in-place income at this corner property in southwest Roanoke.
Property Size1,930 SF
Days on Market2
Property Features for 2001 Memorial Ave SW
General Information
Standard status
Active
Size
1,930 SF
Property subtype
Residential Multifamily
Zoning
CN
Additional Details
Road Access
Yes
Building Details
Building Size
1,930 SF
Year Built
1925
Tenancy
Multi
Listed By:
Cooper Neblett · License #VA #0225279056
(804) 246-8178
Source:
Poecronk
Added: Sep 26
Last Checked: Sep 26 at 2:47PM
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 Cooper Neblett
Investment Insights
Based on property information with market context.
Built in 1925, this multifamily property has two existing tenants and generates in-place income. The building is zoned CN, and occupies a corner at Memorial Avenue and Amherst Street.
The property is in southwest Roanoke’s Raleigh Court/Grandin area, with access to major corridors serving the area. Grandin Village, Franklin Road, and downtown Roanoke are described as minutes away.
The property is in southwest Roanoke’s Raleigh Court/Grandin area, with access to major corridors serving the area. Grandin Village, Franklin Road, and downtown Roanoke are described as minutes away.
Key Highlights
- Two current tenants provide in‑place income
- CN zoning
- Corner location at Memorial Avenue and Amherst Street
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
479
Businesses Nearby
Explore this area
Business Placement
Demographics for 24015, VA
15,973
Population
7,593
Households
2.1
Avg Household Size
40
Median Age
46%
College-Educated
97%
High-School Grad
4.7 sq mi
ZIP Area
3,399
Density / Sq Mi
$69,840
Median Household Income
$46,638
Median Earnings
$884
Median Rent
$251,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two current tenants generate in-place income at this corner property in southwest Roanoke.
Where is this multifamily property located?
The property is located at 2001 Memorial Ave SW Roanoke, VA.
What is the asking price?
The asking price for this property is $480,000.
What are key features of this property?
This property features: Two current tenants provide in‑place income; CN zoning; Corner location at Memorial Avenue and Amherst Street
