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8-Unit Apartment Building
New
For Sale
$1,270,129

3802 Panorama AVE NW, Roanoke, VA 24017

The property combines occupied and vacant apartments within an existing multifamily building.

Property Size10,320 SF
Price / SF$123.07
Days on Market4

Property Features for 3802 Panorama AVE NW

General Information

Standard status Active
Size 10,320 SF
Property subtype Apartments

Additional Details

Multifamily Units 12
Tenant in Place Yes

Taxes and HOA fees

Annual Taxes $8,615

Building Details

Building Size 10,320 SF
Year Built 1973
Listing Agency: MKB, REALTORS(r)
Listed By: COURTNEE W BISHOP · License #0225249700
Source: Westlandsells
Added: Nov 1 Changed: Nov 3 Last Checked: Nov 3 at 9:00AM

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(r)

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Investment Insights

Based on property information with market context.

This 8-unit apartment building contains 10,320 square feet and was built in 1973. Eight apartments are occupied, while four are vacant, providing a mixed occupancy profile across the property.

Key Highlights

  • 8 apartments occupied and 4 vacant
  • 10,320 square feet
  • Built in 1973

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

12
Residential units

Location Intelligence

Trade Area within ½ mile

290
Businesses Nearby

Demographics for 24017, VA

23,902
Population
11,263
Households
2.1
Avg Household Size
38
Median Age
17%
College-Educated
87%
High-School Grad
9.0 sq mi
ZIP Area
2,656
Density / Sq Mi
$45,954
Median Household Income
$30,345
Median Earnings
$966
Median Rent
$139,800
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

Frequently Asked Questions

What type of property is this?
Apartment building - The property combines occupied and vacant apartments within an existing multifamily building.
Where is this apartment building located?
The property is located at 3802 Panorama AVE NW Roanoke, VA.
What is the asking price?
The asking price for this property is $1,270,129.
What are key features of this property?
This property features: 8 apartments occupied and 4 vacant; 10,320 square feet; Built in 1973
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