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    Roanoke, VA Multifamily Properties for Sale

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    Side-by-Side Duplex in Roanoke
    Updated: Jan 5
    Side-by-Side Duplex in Roanoke

    1621 BRANDON AVE, Roanoke, VA 24015

    $299,000
    1,211 sqft 0.24 AC lot
    Side‑by‑side duplex with two separate units and private entrances
    Public water and public sewer
    Heat pump heating and heat pump cooling with zoned ductless system
    Built in 1962
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    Renovated Roanoke Residence with Upscale Finishes
    Updated: Mar 2
    Renovated Roanoke Residence with Upscale Finishes

    819 Campbell Ave SW, Roanoke, VA 24016

    $675,998
    0.12 AC lot
    Approximately 3,700 sq ft fully renovated home with luxury‑style finishes
    Year built 1895 with designer interior details including French doors and custom barn doors
    Updated kitchen with stainless steel appliances, recessed lighting, and Labradorite countertops
    Spa‑inspired bathrooms featuring Jacuzzi tubs and marble tile flooring
    Central air cooling plus heat pump and electric heating
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    Updated Turn-Key Duplex
    Updated Turn-Key Duplex

    1202 Melrose Ave NW, Roanoke, VA 24017

    $174,950
    0.17 AC lot

    Turn-key duplex with newly painted finishes, upgraded electrical, and laundry hookups in both units.

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    Stabilized Brick 12-Unit Multifamily
    Stabilized Brick 12-Unit Multifamily

    1712 Grandin Rd SW, Roanoke, VA 24015

    $1,499,000
    10,656 sqft

    Stabilized 12-unit multifamily with current NOI of $87,176 and a stated path to $129,520.

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    Roanoke Multifamily Property Near Grandin
    Roanoke Multifamily Property Near Grandin

    2147 Berkley Ave SW, Roanoke, VA 24015

    $319,950
    0.18 AC lot

    Multifamily property near Grandin Village with rental income potential.

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    Charming Duplex in Roanoke, VA
    Charming Duplex in Roanoke, VA

    515 Albemarle Ave SE, Roanoke, VA 24013

    $179,950
    0.14 AC lot

    Duplex with 3 bedrooms, 1 bath per unit, laundry hookups.

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    Historic Triplex Residential Income
    Historic Triplex Residential Income

    2202 Broadway Ave SW, Roanoke, VA 24014

    $649,000
    0.14 AC lot

    For sale triplex offering historic character and flexible living or leasing options in a walkable, amenity-rich area.

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    Remodeled Duplex Near Carilion Hospital
    Remodeled Duplex Near Carilion Hospital

    520-518 Riverland Road Southeast, Roanoke, VA 24014

    $350,000
    774 sqft

    Fully remodeled duplex near Carilion Hospital, ideal for investors.

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    Duplex With Off-Street Parking
    Duplex With Off-Street Parking

    1210 13th ST, Roanoke, VA 24017

    $194,950
    0.19 AC lot

    Duplex with upper and lower units, off-street parking, and recent updates including new flooring in the lower unit.

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    Updated Mixed-Use Building with High-End Finishes
    Updated Mixed-Use Building with High-End Finishes

    109 Campbell Ave SW, Roanoke, VA 24011

    $1,850,000
    0.05 AC lot

    Extensively updated mixed-use building with high-end finishes and great views.

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    82-Unit Multifamily Community in Roanoke
    82-Unit Multifamily Community in Roanoke

    803 King James St SW, Roanoke, VA 24014

    $10,750,000
    127,900 sqft 11.34 AC lot

    Apartment and townhouse community in South Roanoke near US-220/I-581.

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    Duplex with Shared Yard
    Duplex with Shared Yard

    1210 13th St NW, Roanoke, VA 24017

    $194,950
    0.19 AC lot

    Two-unit duplex with off-street parking and unit updates, including recent flooring upgrades in the lower unit.

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    Historic Duplex with Unfinished Basement
    Historic Duplex with Unfinished Basement

    376 Allison Ave SW, Roanoke, VA 24016

    $375,000
    0.15 AC lot

    Historic brick duplex with front porches, back deck, and an unfinished basement with laundry hookups for flexible income or owner use.

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    Mixed-Use Building with Leased Units
    Mixed-Use Building with Leased Units

    1011 2nd St SW, Roanoke, VA 24016

    $415,000
    3,294 sqft

    Mixed-use building with office space and two leased apartments.

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    Duplex with Two 2BR Units
    Duplex with Two 2BR Units

    1228 Wasena Ave SW, Roanoke, VA 24015

    $299,000
    0.14 AC lot

    Duplex offers two 2-bedroom, 1-bath units with shared laundry in an unfinished basement and alley access parking potential.

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    Brick Ranch Duplex with Separate Meters
    Brick Ranch Duplex with Separate Meters

    1016 Woodrow Ave SE, Roanoke, VA 24013

    $150,000
    0.17 AC lot

    Solid brick ranch duplex with two-bedroom units, separately metered electric and water/sewer, plus updated roofing and water heating.

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    Income-Producing Duplex in Roanoke, VA
    Income-Producing Duplex in Roanoke, VA

    1021 Penmar Avenue Southeast, Roanoke, VA 24013

    $189,000
    958 sqft

    Duplex in Roanoke, VA, generating immediate rental income.

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    Updated Duplex with In-Law Suite
    Updated Duplex with In-Law Suite

    2502 WESTOVER Ave SW, Roanoke, VA 24015

    $349,950

    Updated two-unit residence offers flexible layout with a separate basement entrance and a powered, heated 3-car garage.

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    Historic Downtown Roanoke Building
    Historic Downtown Roanoke Building

    30 Campbell Ave SW, Roanoke, VA 24011

    $625,000
    6,701 sqft

    Historic building suitable for office, retail, or multi-family use.

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    Roanoke Multifamily Property for Sale
    Roanoke Multifamily Property for Sale

    1614 Rorer Ave SW, Roanoke, VA 24016

    $174,950

    Multifamily property with hardwood floors, fenced yard, and parking.

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    Multifamily Property with Vacant Unit
    Multifamily Property with Vacant Unit

    813 13th Street Southwest, Unit 821, Roanoke, VA 24016

    $1,084,705
    29,185 sqft

    Multifamily property featuring eleven occupied units and one vacant unit.

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    Ranch-Style Duplex with Month-to-Month Tenants
    Ranch-Style Duplex with Month-to-Month Tenants

    1012 Palmetto AVE NW & 1014, Roanoke, VA 24017

    $225,000
    2,236 sqft

    Two 1-bed, 1-bath ranch units with occupied month-to-month leases and tenant-paid utilities and lawn care.

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    Workforce Housing Apartment Community
    Workforce Housing Apartment Community

    4847 Rutgers Street NW, Roanoke, VA 24012

    Contact for pricing
    83,272 sqft

    102-unit workforce housing community with recent HVAC and window upgrades plus renovated apartments and new amenities.

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    Multifamily Property with Laundry Facility
    Multifamily Property with Laundry Facility

    1606 Wayne Street Northeast, Roanoke, VA 24012

    $1,649,655
    27,442 sqft

    Multifamily property featuring 24 units and onsite laundry.

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    Roanoke, VA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Roanoke, VA, showcased through 27 active listings on our real estate platform. These investment opportunities span a total of 253,822 square feet of properties for sale, with an estimated market value of $19,336,360.

    Sale prices for multifamily properties in Roanoke, VA start at $189,000, averaging $1,757,850, and reaching up to $10,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 16
    Apartment buildings 7
    Short term rental properties 4
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 171K
    Population Growth (5Y) +9.4%
    Median Household Income $66,063
    College Educated 10.0%

    High-Yield Neighborhoods for Investment

    Identify Roanoke submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    24013 $184.5K
    24017 $193.7K
    24015 $325.6K
    24018 $340K
    24016 $545.1K

    Taxes & Financing

    Tax Rate (average for all types) 1.05%
    Property Tax per SF $16.57 per SF
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Roanoke fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Roanoke, VA

    • 24015
    • 24016
    • 24017
    • 24011
    • 24014
    • 24012
    • 24013
    • 24019

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