Situated in Roanoke's established Old Southwest neighborhood, this ±4,556 SF multifamily property offers investors a value-add opportunity within one of the city's most well-connected residential corridors, with convenient access to downtown Roanoke, local dining, and retail. Built in 1921 and situated on approximately ±0.1145 acres, the property features six one-bedroom apartments across two floors, with an unfinished basement, multiple units with private porches, and a gas boiler heating system serving the building. Currently 100% occupied with in-place rents running 10 to 15% below current market rates, the property provides immediate cash flow with clear upside as leases roll to market. Its location on Mountain Avenue SW places it within close proximity to Carilion Clinic, downtown Roanoke, and the amenities of the surrounding Old Southwest community.