INVESTMENT OPPORTUNITY IN SOUTH ROANOKE Multi-Family FOR SALE


Roanoke, VA - South Roanoke
$850,000 USD
540-204-0120
, Roanoke, VA for Sale
$850,000 USD
Multi-Family - FOR SALE
1/4
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INVESTMENT OPPORTUNITY IN SOUTH ROANOKE
Roanoke, VA
South Roanoke


HIGHLIGHTS

  • Combined offering of two multi-family duplex assets in South Roanoke.
  • Located minutes from U.S. Route 220, providing convenient regional connectivity.
  • Positioned within a sought-after residential neighborhood with strong rental demand.
  • Properties maintained and situated on separate parcels for ownership flexibility.
  • Proximity to major employers including Carilion Clinic and higher education centers.
  • Opportunity to secure consistent cash flow in a growing Western Virginia market.

OVERVIEW

This is a rare opportunity to acquire two well-maintained duplex properties located in Roanoke's desirable South Roanoke neighborhood. The portfolio includes one duplex on Stephenson Avenue totaling 3,232 SF on 0.1588 acres, built in 1984, and one duplex on Carolina Avenue totaling 1,890 SF on 0.1381 acres, built in 1974. Each property offers strong rental income potential and stable occupancy within a submarket known for consistent demand and proximity to key employment centers. Positioned in a neighborhood with quick access to U.S. Route 220 and downtown Roanoke, the properties provide an attractive combination of accessibility and residential appeal. This investment is well-suited for buyers seeking a steady income stream, long-term appreciation, and solid fundamentals in a dynamic market underscored by growth in healthcare, advanced manufacturing, and education sectors. Offered at $850,000 for both properties combined, this portfolio presents streamlined operational performance and the security of assets in one of Roanoke’s most established districts.

ASK ABOUT THIS PROPERTY

Boyd JohnsonCUSHMAN WAKEFIELD THALHIMERMore Info
540-204-0120

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Boyd JohnsonCUSHMAN WAKEFIELD THALHIMERMore Info
540-204-0120

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.