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    Roanoke, VA Multifamily Properties for Sale

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    Vinton, VA Salem, VA Hollins, VA
    25 results
    Renovated Roanoke Residence with Upscale Finishes
    $675,998
    3,700 SF

    Renovated Roanoke Residence with Upscale Finishes

    819 Campbell Ave SW, Roanoke, VA 24016

    Renovated residence with income potential near downtown Roanoke.

    • Fully renovated 3,700 sq ft residence with upscale finishes
    • Walkable access to downtown dining, entertainment, and the Greenway
    • Potential for short‑term rental income (buyer to verify zoning)
    • Updated kitchen with Labradorite countertops and stainless steel appliances
    • Spa‑inspired bathrooms with Jacuzzi tubs
    Updated: Mar 2
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    New Construction Duplex in Roanoke
    $350,000
    1,904 SF

    New Construction Duplex in Roanoke

    703 Bibb St NE, Roanoke, VA 24012

    New construction duplex with modern finishes, ideal for investment.

    • New construction duplex (built in 2026) offering immediate rental income potential or owner‑occupancy with rental income.
    • Features granite countertops and a stainless steel appliance suite.
    • Durable and easy‑to‑clean luxury vinyl plank flooring downstairs.
    • Stamped concrete driveway, back patio, and front covered porch.
    • Includes efficient electric heat pump for both heating and cooling.
    Updated: Apr 2
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    Roanoke Duplex in Southwest Area
    $299,000
    1,211 SF

    Roanoke Duplex in Southwest Area

    Side-by-side duplex in Roanoke's desirable Southwest area.

    1621 BRANDON AVE, Roanoke, VA 24015
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    Roanoke Duplex Near Grandin
    $330,000
    0.31 Acres

    Roanoke Duplex Near Grandin

    Duplex with two units near Grandin, Roanoke.

    1811 Windsor Ave SW, Roanoke, VA 24015
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    Roanoke Multi-Unit Investment Opportunity
    $650,000
    0.14 Acres

    Roanoke Multi-Unit Investment Opportunity

    Multi-unit property near shopping, restaurants, and hospitals.

    2202 Broadway Ave SW, Roanoke, VA 24014
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    Roanoke Duplex Near Wasena Park
    $325,000
    0.14 Acres

    Roanoke Duplex Near Wasena Park

    Investment opportunity near Wasena Park with two 2-bedroom units.

    1228 Wasena Ave SW, Roanoke, VA 24015
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    Roanoke Duplex with Rental Upside
    $175,000
    0.11 Acres

    Roanoke Duplex with Rental Upside

    Solid brick duplex in Roanoke City with immediate rental upside.

    1025 Woodrow Ave SE, Roanoke, VA 24013
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    Roanoke Duplex Near Grandin
    $344,950
    0.30 Acres

    Roanoke Duplex Near Grandin

    Versatile duplex in a desirable location, great for investors.

    1825 Cambridge Ave SW, Roanoke, VA 24015
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    Roanoke Multifamily Property Near Grandin
    $319,950
    0.18 Acres

    Roanoke Multifamily Property Near Grandin

    Multifamily property near Grandin Village with rental income potential.

    2147 Berkley Ave SW, Roanoke, VA 24015
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    Charming Duplex in Roanoke, VA
    $179,950
    0.14 Acres

    Charming Duplex in Roanoke, VA

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

    515 Albemarle Ave SE, Roanoke, VA 24013
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    Updated Mixed-Use Building with High-End Finishes
    $1,850,000
    0.05 Acres

    Updated Mixed-Use Building with High-End Finishes

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

    109 Campbell Ave SW, Roanoke, VA 24011
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    Grandin Area Duplex For Sale
    $360,000
    2,048 SF

    Grandin Area Duplex For Sale

    Duplex near Grandin with rental income potential.

    1811 Windsor Avenue Southwest, Roanoke, VA 24015
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    Downtown Roanoke Mixed-Use Potential
    $525,000

    Downtown Roanoke Mixed-Use Potential

    Two-story building suitable for office, retail, or multifamily redevelopment.

    9 Franklin Rd SW, Roanoke, VA 24011
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    Downtown Roanoke Mixed-Use Investment
    $1,795,000

    Downtown Roanoke Mixed-Use Investment

    10-unit property in prime downtown location with income streams.

    135 Salem Ave SW, Roanoke, VA 24011
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    Remodeled Duplex Near Carilion Hospital
    $350,000
    774 SF

    Remodeled Duplex Near Carilion Hospital

    Fully remodeled duplex near Carilion Hospital, ideal for investors.

    520-518 Riverland Road Southeast, Roanoke, VA 24014
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    82-Unit Multifamily Community in Roanoke
    $11,200,000
    127,900 SF

    82-Unit Multifamily Community in Roanoke

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

    803 King James St SW, Roanoke, VA 24014
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    Mixed-Use Building with Leased Units
    $415,000
    3,294 SF

    Mixed-Use Building with Leased Units

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

    1011 2nd St SW, Roanoke, VA 24016
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    Income-Producing Duplex in Roanoke, VA
    $189,000
    958 SF

    Income-Producing Duplex in Roanoke, VA

    Duplex in Roanoke, VA, generating immediate rental income.

    1021 Penmar Avenue Southeast, Roanoke, VA 24013
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    Updated Duplex in Roanoke, VA
    $189,950
    1,002 SF

    Updated Duplex in Roanoke, VA

    Updated duplex with in-unit laundry, ideal for investment or house-hacking.

    1613 Loudon Avenue Northwest, Roanoke, VA 24017
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    Multifamily Property with Vacant Unit
    $1,084,705
    29,185 SF

    Multifamily Property with Vacant Unit

    Multifamily property featuring eleven occupied units and one vacant unit.

    813 13th Street Southwest, Unit 821, Roanoke, VA 24016
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    Historic Downtown Roanoke Building
    $625,000
    6,701 SF

    Historic Downtown Roanoke Building

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

    30 Campbell Ave SW, Roanoke, VA 24011
    View details
    Multifamily Property with Laundry Facility
    $1,649,655
    27,442 SF

    Multifamily Property with Laundry Facility

    Multifamily property featuring 24 units and onsite laundry.

    1606 Wayne Street Northeast, Roanoke, VA 24012
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    Multifamily Redevelopment Opportunity in Roanoke
    $2,250,000
    43,465 SF

    Multifamily Redevelopment Opportunity in Roanoke

    105-unit multifamily redevelopment opportunity in Roanoke County, Virginia.

    6520 Thirlane Rd NW, Roanoke, VA 24019
    View details
    Turn Key Investment Apartments
    $184,950

    Turn Key Investment Apartments

    Upgraded apartments with off-street parking and convenient location.

    1114 Lafayette Blvd NW, Roanoke, VA 24017
    View details

    Roanoke, VA Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Roanoke, VA, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 249,584 square feet of properties for sale, with an estimated market value of $19,638,308.

    Sale prices for multifamily properties in Roanoke, VA start at $189,000, averaging $1,510,639, and reaching up to $11,200,000 — 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

    Duplexes 15
    Apartment buildings 5
    Short term rental properties 2
    Quadplexes 1
    Triplexes 1

    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    24013 $181.3K
    24017 $187.5K
    24015 $329.8K
    24016 $587.7K
    24012 $999.8K

    Taxes & Financing

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

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    Most Searched ZIP Codes in Roanoke, VA

    • 24015
    • 24011
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