$315,000
Roanoke, VA 24016
MLS# 930662
1 / 11
Property Description
Fantastic investment opportunity in a convenient Roanoke location! This charming duplex is just blocks from Jefferson College of Health Sciences and is ideally positioned for traveling nurses, healthcare professionals, and both short- and long-term rental opportunities. Convenient to downtown Roanoke, restaurants, shopping, parks, and area amenities. Beautiful hardwood floors add to the charm of this property. The upper-level unit is currently rented on a yearly lease and features an upgraded bathroom and recently replaced water heater, while the lower-level unit is currently operated as a successful Airbnb. Both units have been recently and attractively furnished, and furnishings will convey with the sale, making this a great opportunity for an investor looking for a furnished, income-producing property. With consistent rental demand and an excellent location near Roanoke's medical and downtown corridor, this is a wonderful opportunity to add a versatile rental property to your investment portfolio.
Details
General Property Description
Multi-Family Type: Duplex
Construction Status: Completed
Total Acreage: 0.1
# Furnished: 2
# Unfurnished: 0
# Leased Units: 2
Gross Bldg SQFT: 2132
Basement Y/N: Yes
Water Class: N/A
Parking Description: Private (1 - 9)
Gross Income: 0
Year Built: 1939
Number of Units: 2
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 8
Lot: N W PT L 15
Block: 18
Tax ID: 102-1409
Annual Taxes: 2652
Section: 0
POA Y/N: No
Area: 0130 - City of Roanoke - SW
Street Number: 350
Street Name: Mountain
Street Suffix: AVE
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24016
Subdivision: N/A
Municipality: City of Roanoke
Elementary School: Highland Park
Middle School: James Madison
High School: Patrick Henry
Remarks & Misc
Public Remarks: Fantastic investment opportunity in a convenient Roanoke location! This charming duplex is just blocks from Jefferson College of Health Sciences and is ideally positioned for traveling nurses, healthcare professionals, and both short- and long-term rental opportunities. Convenient to downtown Roanoke, restaurants, shopping, parks, and area amenities. Beautiful hardwood floors add to the charm of this property. The upper-level unit is currently rented on a yearly lease and features an upgraded bathroom and recently replaced water heater, while the lower-level unit is currently operated as a successful Airbnb. Both units have been recently and attractively furnished, and furnishings will convey with the sale, making this a great opportunity for an investor looking for a furnished, income-producing property. With consistent rental demand and an excellent location near Roanoke's medical and downtown corridor, this is a wonderful opportunity to add a versatile rental property to your investment portfolio.
Directions: Elm Street, to L onto Franklin, to R onto Mountain Ave, Duplex is on the left
Limited Service
Not Limited Service: 1
Construction
Cement: 1
Vinyl: 1
Basement
Dirt Floor: 1
Partial: 1
Views
City: 1
Heating
Heat Pump Electric: 1
Misc Features
Current Lease: 1
Maint-Free Exterior: 1
Cooling
Central Air: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Water Heater Energy
Electric: 1
Amenities Common
Cable TV: 1
Owner Expenses
Lawn Care: 1
Sewer: 1
Water: 1
Internet Access
Cable: 1
Tenant Expenses
Electricity: 1
Contract Information
Current Price: $315,000
List Price: $315,000
List Date: 2026-08-23
Status: Active
Property Features
Limited Service: Not Limited Service
Construction: Cement; Vinyl
Basement: Dirt Floor; Partial
Heating: Heat Pump Electric
Cooling: Central Air
Water Description: Public
Sewer Description: Public Sewer
Water Heater Energy: Electric
Amenities Common: Cable TV
Owner Expenses: Lawn Care; Water
Misc Features: Current Lease; Maint-Free Exterior
Internet Access: Cable
Tenant Expenses: Electricity
Listing Office: WAINWRIGHT & CO., REALTORS®- LAKE
Last Updated: August - 24 - 2026
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