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Occupied Two-Unit Duplex
New
For Sale
$236,000

4102 Richland Ave Nw, Roanoke, VA 24012

Two occupied residences provide an established income-producing configuration near downtown Roanoke and area shopping, dining, and entertainment.

Property SizeContact for details
Days on Market7

Property Features for 4102 Richland Ave Nw

General Information

Standard status Active
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 2 x 2BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $2,314
Listing Agency: VIRGINIA REALTY GROUP
Listed By: KENDRA REED PORTER · License #0225197790
Source: Exprealty
Added: Sep 2 Changed: Sep 6 Last Checked: Sep 7 at 4:24PM

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 VIRGINIA REALTY GROUP

Investment Insights

Based on property information with market context.

This duplex at 4102 Richland Ave NW contains two separate residences, each arranged with 2 bedrooms and 1 bathroom. Both units are occupied, creating an established income-producing property for an investor. The layout is also described as adaptable for use as a single-family residence with a separate in-law suite.

The property is located in Roanoke, within a short distance of downtown. Valley View Mall and the Roanoke Star are identified as nearby destinations for shopping, dining, entertainment, and local sightseeing. The combination of two residential units, existing occupancy, and a central Roanoke setting supports multiple ownership approaches.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 bathroom in each residence
  • Both units are currently occupied
  • Located at 4102 Richland Ave NW, Roanoke, VA

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Skin Care Clinic Garden Center (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

741
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

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 occupied residences provide an established income-producing configuration near downtown Roanoke and area shopping, dining, and entertainment.
Where is this duplex located?
The property is located at 4102 Richland Ave Nw Roanoke, VA.
What is the asking price?
The asking price for this property is $236,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bathroom in each residence; Both units are currently occupied; Located at 4102 Richland Ave NW, Roanoke, VA
More about this property
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