1114 LAFAYETTE BLVD NW, Roanoke, VA 24017
$176,450
Property Type:
MultiFamily
Lot Size (sq. ft.):
6,534
Status:
Active
Current Price:
$176,450
List Date:
8/11/2025
Last Modified:
12/05/2025
Description
This turnkey investment property is a fantastic opportunity for house hacking or rental income! The well-maintained duplex features upgraded electrical wiring, freshly painted interiors and exteriors, and new architectural shingles on the main house, complemented by matching white shingles over the charming covered front porch. Both units offer laundry hookups, new vinyl tile, and luxury vinyl plank flooring, while blown-in insulation in the upstairs walls and attic ensures energy efficiency. Tenants will appreciate the level back lawn, basement storage, and off-street parking for four vehicles, as well as the property's prime location near a grocery store, pharmacy, restaurants, Valley View Mall, and a convenient bus line. Great for Owner occupant income to cover the payment. Can be
Supplements: converted back to a single family dwelling by reinstalling a doorway.
More Information MLS# 919962
General Property Description
Lot Dimensions: 129 X 50
Multi-Family Type: Apartments
Construction Status: Completed
Total Acreage: 0.15
Present Use: Converted
# Furnished: 0
# Unfurnished: 2
# Leased Units: 0
Gross Bldg SQFT: 1864
Basement Y/N: Yes
Water Class: N/A
Parking Description: Private (1 - 9)
# Vehicle Spaces: 4
Gross Income: 23880
Year Built: 1930
Number of Units: 2
Operating Expense: 4646.3
Net Operating Income: 19326
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 0
Subdivision Map: VILLA HEIGHTS
Lot: 17
Block: 8
Tax ID: 2430709
Annual Taxes: 1055.3
Section: 0
POA Y/N: No
Area: 0140 - City of Roanoke - NW
Street Number: 1114
Street Name: LAFAYETTE
Street Suffix: BLVD
Street Direction Sfx: NW
State/Province: VA
Zip Code: 24017
Subdivision: Villa Heights
Municipality: City of Roanoke
Elementary School: Westside
Middle School: Lucy Addison
High School: William Fleming
Remarks & Misc
Directions: FROM ROANOKE CIVIC CENTER 460 WEST, R ONTO LAFAYETTE, PROPERTY TO L.
Limited Service
Not Limited Service: 1
Construction
Other - See Remarks: 1
Basement
Partial: 1
Heating
Baseboard Electric: 1
Forced Air Gas: 1
Miscellaneous Info
Public Transport: Yes
Cooling
None: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Water Heater Type
Tank: 1
Water Heater Energy
Natural Gas: 1
Amenities Common
Cable TV: 1
Owner Expenses
Lawn Care: 1
Sewer: 1
Water: 1
Interior Features
Storage: 1
Internet Access
Cable: 1
Cur'nt Internet Prov: COX
Tenant Expenses
Cable TV: 1
Electricity: 1
Gas: 1
Expenses
Maintenance Exp: 1500
Tax Exp: 963
Insurance Exp: 400
Other Exp: 731
Contract Information
Current Price: $176,450
List Price: $176,450
List Date: 2025-08-10
Status: Active
Property Features
Limited Service: Not Limited Service
Construction: Other - See Remarks
Basement: Partial
Heating: Baseboard Electric; Forced Air Gas
Cooling: None
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Natural Gas
Amenities Common: Cable TV
Owner Expenses: Lawn Care; Water
Interior Features: Storage
Internet Access: Cable
Tenant Expenses: Cable TV; Electricity; Gas
Listing Office: MOUNTAIN VIEW REAL ESTATE LLC
Last Updated: December - 05 - 2025
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