306 & 308 Troy AVE NE, Roanoke, VA 24012 (MLS# 931038)


$246,000
306 & 308 Troy AVE NE
Roanoke, VA 24012
MLS# 931038



01-MIB02229-R5
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01-MIB02229-R5 02-MIB02163 03-MIB02169 04-MIB02175 06-MIB02181 07-MIB02172 08-MIB02190 09-MIB02193 10-MIB02187 11-MIB02184 12-MIB02196 13-MIB02199 14-MIB02202 15-MIB02205 16-MIB02208 17-MIB02211 19-MIB02223 20-MIB02220 21-MIB02217 24-MIB02235-R5 25-MIB02226 Floorplan 2 Floorplan-2

Property Description
EXCELLENT INCOME OPPORTUNITY! Whether you're looking for an income opportunity you can simply step right into, or looking to convert this property into a single family residence with an in-law suite, this property has everything! The property features two separate units, each offering 2 bedrooms and 1 bathroom, providing flexible living arrangements and multiple streams of rental potential. Unit 308 has been recently updated, offering a fresh, modern feel for its occupants. With two units under one roof and plenty of potential for continued rental income and long-term appreciation, this is a property you will not want to miss! Just a short drive into the heart of Roanoke to all of the shopping and entertainment you could need! All information to be independently verified by a buyer and buyer's agent.

Details
General Property Description
Lot Dimensions: 0.16
Multi-Family Type: Duplex
Construction Status: Completed
Total Acreage: 0.16
# Furnished: 0
# Unfurnished: 2
# Leased Units: 2
Gross Bldg SQFT: 1868
Basement Y/N: No
Water Class: N/A
Parking Description: None
Gross Income: 0
Year Built: 1984
Number of Units: 2
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 0
Lot: 217 B
Block: 0
Tax ID: 3180117
Annual Taxes: 2344
Section: 0
POA Y/N: No
Area: 0150 - City of Roanoke - NE
Street Number: 306 & 308
Street Name: Troy
Street Suffix: AVE
Street Direction Sfx: NE
State/Province: VA
Zip Code: 24012
Subdivision: William Fleming Court
Municipality: City of Roanoke
Elementary School: Monterey
Middle School: James Madison
High School: William Fleming
Remarks & Misc
Public Remarks: EXCELLENT INCOME OPPORTUNITY! Whether you're looking for an income opportunity you can simply step right into, or looking to convert this property into a single family residence with an in-law suite, this property has everything! The property features two separate units, each offering 2 bedrooms and 1 bathroom, providing flexible living arrangements and multiple streams of rental potential. Unit 308 has been recently updated, offering a fresh, modern feel for its occupants. With two units under one roof and plenty of potential for continued rental income and long-term appreciation, this is a property you will not want to miss! Just a short drive into the heart of Roanoke to all of the shopping and entertainment you could need! All information to be independently verified by a buyer and buyer's agent.
Directions: Williamson RD North- Right on Oakland- Right on Wentworth-Right on Troy- Duplex is on the left.
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Wood: 1
Heating
Heat Pump Electric: 1
Cooling
Central Air: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Owner Expenses
Management Fee: 1
Trash Disposal: 1
Interior Features
Storage: 1
Tenant Expenses
Deposit: 1
Electricity: 1
Water: 1
Contract Information
Current Price: $246,000
List Price: $246,000
List Date: 2026-09-03
Status: Active
Property Features
Limited Service: Not Limited Service
Construction: Brick; Wood
Heating: Heat Pump Electric
Cooling: Central Air
Water Description: Public
Sewer Description: Public Sewer
Owner Expenses: Management Fee; Trash Disposal
Interior Features: Storage
Tenant Expenses: Deposit; Electricity; Water

Listing Office: VIRGINIA REALTY GROUP

Last Updated: September - 03 - 2026

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