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    Roanoke, VA
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    Roanoke, VA Residential Income 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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    Historic Triplex Residential Income
    Updated: May 7
    Historic Triplex Residential Income

    2202 Broadway Ave SW, Roanoke, VA 24014

    $649,000
    0.14 AC lot
    Multi‑unit property with brick construction
    Year built 1925
    Heating: natural gas forced air
    Cooling: central air
    Public water and public sewer
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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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    Flexible Live-Work Property
    Flexible Live-Work Property

    2801 Brandon Ave SW, Roanoke, VA 24015

    $489,000
    0.88 AC lot

    For-sale live-work and office-flexible property in Roanoke, listed under C1 zoning.

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    Renovated Roanoke Residence with Upscale Finishes
    Renovated Roanoke Residence with Upscale Finishes

    819 Campbell Ave SW, Roanoke, VA 24016

    $675,998
    0.12 AC lot

    Renovated residence with income potential near downtown Roanoke.

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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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    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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    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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    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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    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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    Downtown Mixed-Use Building with Retail
    Downtown Mixed-Use Building with Retail

    22 Campbell Ave SE, Roanoke, VA 24011

    $799,000
    0.05 AC lot

    Two-unit downtown property offers street-level retail and a renovated 2-bed residence with staggered availability.

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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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    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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    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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    Updated Duplex with Separate Entrance
    Updated Duplex with Separate Entrance

    2502 WESTOVER Ave SW, Roanoke, VA 24015

    $349,950

    Updated multifamily home with a separate basement apartment and 3-car detached garage with power and heat.

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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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    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 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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    Duplex with Upper and Lower Units
    Duplex with Upper and Lower Units

    Roanoke, VA 24017

    $194,950
    0.19 AC lot

    Duplex with off-street parking, shared yard, and renovated lower unit updates in 2025.

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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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    Spacious Bottom-Level 1BR Unit
    Spacious Bottom-Level 1BR Unit

    Roanoke, VA 24017

    Contact for pricing
    0.19 AC lot

    Bottom-level 1-bedroom, 1-bath residential income unit located near Orange Ave.

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    Three-Parcels Duplex Apartment Portfolio
    Three-Parcels Duplex Apartment Portfolio

    124-132 Avendale Avenue NE, Roanoke, VA 24012

    $459,900
    4,116 sqft

    Two separately metered 2BR/1BA duplex buildings with a third lot used for parking.

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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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    Roanoke, VA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Roanoke, VA, showcased through 30 active listings on our real estate platform. These investment opportunities span a total of 257,938 square feet of properties for sale, with an estimated market value of $19,796,260.

    Sale prices for residential income properties in Roanoke, VA start at $189,000, averaging $1,649,688, 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

    Multifamily properties 26
    Duplexes 15
    Apartment buildings 7
    Short term rental properties 4
    Single family properties 2

    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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