1240 Dale AVE SE, Roanoke, VA 24013
$119,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
5,227
Status:
Closed
Current Price:
$119,000
List Date:
7/09/2021
Last Modified:
12/10/2025
Description
Excellent opportunity for investors or owner occupant. Upstairs unit is currently vacant. Downstairs unit is occupied. Owner covers water. Tenants cover other utilities. Could be packaged with 701 Dale Ave. SE and/or 703 Dale Ave. SE.
More Information MLS# 881826
General Property Description
Multi-Family Type: Duplex
Construction Status: Completed
Total Acreage: 0.12
# Furnished: 0
# Unfurnished: 2
# Leased Units: 1
Gross Bldg SQFT: 2163
Basement Y/N: Yes
Water Class: N/A
Parking Description: On Street
Gross Income: 15600
Year Built: 1916
Number of Units: 2
Operating Expense: 4640
Net Operating Income: 10960
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 0
Lot: PT Lot 26
Block: 6
Tax ID: 4113025
Annual Taxes: 937.92
Section: 0
POA Y/N: No
Area: 0160 - City of Roanoke - SE
Street Number: 1240
Street Name: Dale
Street Suffix: AVE
Street Direction Sfx: SE
State/Province: VA
Zip Code: 24013
Subdivision: N/A
Municipality: City of Roanoke
Elementary School: Fallon Park
Middle School: John P. Fishwick
High School: William Fleming
Remarks & Misc
Directions: From the intersection of Franklin Rd. and Williamson Rd. take Tazewell Ave SE, right onto 13th St. SE, then right on to Dale Ave. SE. Property will be on the corner to your right.
Limited Service
Not Limited Service: 1
Construction
Vinyl: 1
Basement
Partial: 1
Heating
Forced Air Gas: 1
Cooling
Window Unit(s): 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Owner Expenses
Lawn Care: 1
Water: 1
Tenant Expenses
Electricity: 1
Gas: 1
Contract Information
Current Price: $119,000
Sold Price: $119,000
List Date: 2021-07-09
Status: Closed
Status Change Info
Ratified Contract Dt: 2021-07-13
Sold Date: 2021-08-17
Sold Price: $119,000
Property Features
Limited Service: Not Limited Service
Construction: Vinyl
Basement: Partial
Heating: Forced Air Gas
Cooling: Window Unit(s)
Water Description: Public
Sewer Description: Public Sewer
Owner Expenses: Lawn Care; Water
Tenant Expenses: Electricity; Gas
Listing Office: WALDVOGEL COMMERCIAL PROPERTIES
Last Updated: December - 10 - 2025
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