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Two-Unit Duplex with Off-Street Parking
For Sale
$179,950

515 Albemarle Ave SE, Roanoke, VA 24013

Residential Income, Roanoke, VA

Property SizeContact for details
Lot Size0.14 Acres
Days on Market158

Property Features for 515 Albemarle Ave SE

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Basement Partial
Elementary school Morningside
Middle school John P. Fishwick
High school Patrick Henry
Directions From 581, take 24E, Right on 6th Street, Right on Albemarle, house on Left.
Subdivision 0160 - City of Roanoke - SE
Standard status Active
APN 402-2404
Lot size 0.14 Acres

Taxes and HOA fees

Tax Annual Amount 1298

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Heat Pump, Electric
Water source Public

Amenities

in-unit laundry
off-street parking
handicap accessible shower

Building Details

Year built 1925
Number of units 2
Building materials Vinyl Siding
Listing Agency: MOUNTAIN VIEW REAL ESTATE LLC
Listed By: BRADLEY VICTOR THOMAS · License #0225188833
Added: Mar 28 Changed: Aug 31 Last Checked: Sep 1 at 3:06AM
MLS# 925944

Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex contains 2 residences, each arranged with 3 bedrooms and 1 full bath. Washer and dryer hookups are provided in both units, while appliances are supplied by the tenants. The property includes a level 0.14-acre lot, off-street parking, and a basement. Improvements include a new roof, replaced insulated windows, added insulation, and a combination of LVP and hardwood flooring. The entry-level residence also features a newly installed handicap-accessible shower.

Built in 1925, the building has vinyl siding and is served by public water and public sewer. Heating and cooling are provided by electric heat-pump systems. Located at 515 Albemarle Ave SE in Roanoke, Virginia, the property offers a two-unit configuration with practical residential features and recent updates.

Key Highlights

  • 2‑unit duplex with 3 bedrooms and 1 full bath in each unit
  • 0.14‑acre level lot with off‑street parking
  • Washer and dryer hookups in both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Home Appliance Store (Bike/Boat/Book/etc) Store Florist Pet Grooming Service Carpet & Flooring Store Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

2,722
Businesses Nearby

Demographics for 24013, VA

7,835
Population
3,334
Households
2.4
Avg Household Size
37
Median Age
13%
College-Educated
85%
High-School Grad
2.2 sq mi
ZIP Area
3,561
Density / Sq Mi
$53,070
Median Household Income
$29,394
Median Earnings
$1,017
Median Rent
$111,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer private laundry hookups, updated flooring, and access to a level outdoor area.
Where is this duplex located?
The property is located at 515 Albemarle Ave SE Roanoke, VA.
What is the asking price?
The asking price for this property is $179,950.
What are key features of this property?
This property features: 2‑unit duplex with 3 bedrooms and 1 full bath in each unit; 0.14‑acre level lot with off‑street parking; Washer and dryer hookups in both units
More about this property
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