82-Unit Multifamily Community in
For Sale
$10,750,000
803 King James Street Southwest, Roanoke, VA 24014
Apartment and townhouse community in South Roanoke near US-220/I-581.
Property Size493,970 SF
Lot Size11.34 Acres
Price / SF$21.76
Days on Market257
Property Features for 803 King James Street Southwest
General Information
Standard status
Active
Size
493,970 SF
Lot size
11.34 Acres
Property subtype
MultiFamily / Apartment
Zoning
RMF
Net Operating Income
$724,000
Taxes and HOA fees
Annual Taxes
$107,633
Amenities
Heat Pump Electric, Central Air, Yes
Heat Pump Electric, Forced Air Gas, Yes
0.0
Yes
No
82.0
Brick, Vinyl Siding
Building Details
Year Built
1972
Listing Agency:
INVESTORS REAL ESTATE PARTNERS LLC
(540) 444-4737
Listed By:
JASON FOUNTAIN · License #0225277798
(540) 444-4737
Source:
Compass
Added: Dec 10, 2025
Changed: Aug 23
Last Checked: Aug 22 at 12:02PM
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 INVESTORS REAL ESTATE PARTNERS LLC
Investment Insights
Based on property information with market context.
Williamsburg Manor is a multifamily community featuring 82 apartments and townhouses. Located in South Roanoke, the property occupies approximately 11.34 acres and includes twenty-five buildings arranged in a neighborhood-style setting with lawns and walkways. The unit mix includes apartments, townhomes, cottages, and single-family homes. Construction occurred in phases, with portions completed in the late 1970s and additional phases delivered in the 1990s, including brick and vinyl-sided townhomes with garages. The property is located less than one mile from US-220/I-581, providing access to Tanglewood Mall, the Virginia Tech Carilion Biomedical Research Center, and Downtown Roanoke. The property's location places it within an established residential corridor.
Key Highlights
- Located in highly sought‑after South Roanoke.
- Convenient access to Tanglewood Mall, Virginia Tech Carilion Biomedical Research Center, and Downtown Roanoke.
- Diverse unit mix including apartments, townhomes, cottages, and single‑family homes.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
515
Businesses Nearby
Explore this area
Business Placement
Demographics for 24014, VA
16,869
Population
8,508
Households
2
Avg Household Size
45
Median Age
39%
College-Educated
90%
High-School Grad
27.3 sq mi
ZIP Area
618
Density / Sq Mi
$65,089
Median Household Income
$46,225
Median Earnings
$949
Median Rent
$260,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment and townhouse community in South Roanoke near US-220/I-581.
Where is this apartment building located?
The property is located at 803 King James Street Southwest Roanoke, VA.
What is the asking price?
The asking price for this property is $10,750,000.
What are key features of this property?
This property features: Located in highly sought‑after South Roanoke.; Convenient access to Tanglewood Mall, Virginia Tech Carilion Biomedical Research Center, and Downtown Roanoke.; Diverse unit mix including apartments, townhomes, cottages, and single‑family homes.
