$330,000
Roanoke, VA 24016
MLS# 932364
1 / 17
Property Description
Charming historic duplex in Old SW with incredible income or office flexibility! This spacious two-story home offers the perfect house-hacking opportunity - live in one unit and rent out the upstairs to cover your mortgage. Thanks to the zoning you can also use this versatile building as an office space. Why you'll love this property: *Historic Character: Enjoy the timeless architectural features like classic pocket doors, cozy fireplaces, an inviting first-floor wrap around porch and a private second floor enclosed porch and deck. *Modern Upgrades: Move right in with total peace of mind thanks to fully updated kitchens and bathrooms, brand new central heating and air conditioning and new water heaters. *Expansion potential: A massive, open walk-up attic with built in closets stand ready to be converted into expansive new living area. Both apartments are generously sized, completely turn-key and ready for you, your tenant or your business. Informal parking space accessible from the alley next to garage
Details
General Property Description
Lot Dimensions: 50' x 141'
Multi-Family Type: Duplex
Construction Status: Completed
Total Acreage: 0.16
Present Use: Converted
# Furnished: 0
# Unfurnished: 2
# Leased Units: 0
Gross Bldg SQFT: 2318
Basement Y/N: Yes
Water Class: N/A
Parking Description: Other - See Remarks
Gross Income: 30000
Year Built: 1900
Number of Units: 2
Operating Expense: 3941
Net Operating Income: 3941
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 0
Lot: 9
Block: 12
Tax ID: 1023209
Annual Taxes: 3241
Section: 0
Zoning Code: MX (mixed use)
POA Y/N: No
Area: 0130 - City of Roanoke - SW
Street Number: 1111
Street Name: 1st
Street Suffix: ST
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24016
Subdivision: Old Southwest
Municipality: City of Roanoke
Elementary School: Highland Park
Middle School: James Madison
High School: Patrick Henry
Remarks & Misc
Public Remarks: Charming historic duplex in Old SW with incredible income or office flexibility! This spacious two-story home offers the perfect house-hacking opportunity - live in one unit and rent out the upstairs to cover your mortgage. Thanks to the zoning you can also use this versatile building as an office space. Why you'll love this property: *Historic Character: Enjoy the timeless architectural features like classic pocket doors, cozy fireplaces, an inviting first-floor wrap around porch and a private second floor enclosed porch and deck. *Modern Upgrades: Move right in with total peace of mind thanks to fully updated kitchens and bathrooms, brand new central heating and air conditioning and new water heaters. *Expansion potential: A massive, open walk-up attic with built in closets stand ready to be converted into expansive new living area. Both apartments are generously sized, completely turn-key and ready for you, your tenant or your business. Informal parking space accessible from the alley next to garage
Directions: From downtown, head south on Franklin Rd. SW, left on Highland, right on 1st Street.
Construction
Wood: 1
Basement
Full: 1
Heating
Forced Air Gas: 1
Miscellaneous Info
Public Transport: Yes
Cooling
Central Air: 1
Fireplace
Masonry: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Water Heater Type
Tank: 1
Water Heater Energy
Natural Gas: 1
Owner Expenses
Sewer: 1
Water: 1
Interior Features
Ceiling Fan(s): 1
Storage: 1
Tenant Expenses
Electricity: 1
Contract Information
Current Price: $330,000
List Price: $330,000
List Date: 2026-10-14
Status: Active
Property Features
Construction: Wood
Basement: Full
Heating: Forced Air Gas
Cooling: Central Air
Fireplace: Masonry
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Natural Gas
Owner Expenses: Water
Interior Features: Ceiling Fan(s); Storage
Tenant Expenses: Electricity
Listing Office: REALSTAR, REALTORS® LLC
Last Updated: October - 14 - 2026
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