Oversized Duplex Investment
Panorama Ave NW Roanoke, VA 24017
Panorama Ave NW, Roanoke, VA, 24017
$34,500
For Sale
$34,500
LAND - Roanoke, VA
Lot Size1.61 Acres
Days on Market222
Property Features for Panorama Ave NW
General Information
- Property type
- Land
- Property subtype
- Other
- Zoning
- RM-2
- Standard status
- Active
- APN
- 274-0301
- Lot size
- 1.61 Acres
Taxes and HOA fees
- Tax Annual Amount
- 523
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Listing Agency
WAINWRIGHT & CO., REALTORS(R)- LAKE
(540) 719-5222
16503 BOOKER T WASHINGTON HWY, Salem, VA
Listed by
KERMIT JOHNSON
(540) 387-5800
Added: Dec 8, 2025 Checked: Jul 18 at 5:06 am
MLS# 923275
Listing URL
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 offering is for an oversized, buildable residential lot well suited to multi-family investment planning. The property is located in an RM-2 zoning area where other duplexes exist, making it a practical fit for an owner looking to add to a rental portfolio or start a new one. Water and sewer are available, with hook-up being the buyer’s responsibility.
Situated in the City of Roanoke on Panorama Ave NW, the lot offers room to design and site a new improvement on a property size of 1.61 acres. The seller encourages buyers to ask about multiple property purchase options.
For investors or owner-operators, this lot provides an opportunity to build within a duplex-oriented environment under RM-2 zoning. Buyers who are prepared to manage the utility hook-up and the buildout can use the site to support a long-term rental strategy, taking advantage of the existing multi-family context and buildable character of the parcel.
Situated in the City of Roanoke on Panorama Ave NW, the lot offers room to design and site a new improvement on a property size of 1.61 acres. The seller encourages buyers to ask about multiple property purchase options.
For investors or owner-operators, this lot provides an opportunity to build within a duplex-oriented environment under RM-2 zoning. Buyers who are prepared to manage the utility hook-up and the buildout can use the site to support a long-term rental strategy, taking advantage of the existing multi-family context and buildable character of the parcel.
Key Highlights
- Buildable lot suitable for adding to a duplex area or starting an investment portfolio
- Public water available; hookup is the buyer’s responsibility
- Public sewer available; hookup is the buyer’s responsibility
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
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FAQs
What type of property is this?
Land - Build a duplex or expand your portfolio on a sizable, buildable lot in an RM-2 area.
Where is this land located?
The property is located at Panorama Ave NW Roanoke, VA.
What is the asking price?
The asking price for this property is $34,500.
What are key features of this property?
This property features: Buildable lot suitable for adding to a duplex area or starting an investment portfolio; Public water available; hookup is the buyer’s responsibility; Public sewer available; hookup is the buyer’s responsibility