1501 7th ST SE, Roanoke, VA 24013
$176,500
Property Type:
MultiFamily
Lot Size (sq. ft.):
4,356
Status:
Closed
Current Price:
$176,500
List Date:
9/09/2025
Last Modified:
10/30/2025
Description
This cash-flowing duplex, conveniently located in Southeast Roanoke, offers a promising investment opportunity. The upper unit comprises three bedrooms and one bathroom, currently rented at $1,150. Meanwhile, the lower unit features two bedrooms and one bathroom, most recently leased at $1,025. With a motivated seller, this property is an excellent chance for investors to step into a strong income-producing asset.
More Information MLS# 920802
General Property Description
Multi-Family Type: Duplex
Construction Status: Completed
Total Acreage: 0.1
Present Use: Converted
# Furnished: 0
# Unfurnished: 2
# Leased Units: 1
Gross Bldg SQFT: 1632
Basement Y/N: Yes
Water Class: N/A
Parking Description: On Street
Gross Income: 13800
Year Built: 1928
Number of Units: 2
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 0
Lot: 12
Block: 9
Tax ID: 414-1503
Annual Taxes: 1881
Section: 0
POA Y/N: No
Area: 0160 - City of Roanoke - SE
Street Number: 1501
Street Name: 7th
Street Suffix: ST
Street Direction Sfx: SE
State/Province: VA
Zip Code: 24013
Subdivision: N/A
Municipality: City of Roanoke
Elementary School: Morningside
Middle School: John P. Fishwick
High School: Patrick Henry
Remarks & Misc
Directions: From 581, Elm(and Bullitt) to Right on 9th, Right on Morehead by the Cito go station, Right on 7th, House on Left.
Limited Service
Not Limited Service: 1
Construction
Vinyl: 1
Basement
Partial: 1
Heating
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
Electric: 1
Lease Type
One Year: 1
Owner Expenses
Sewer: 1
Trash Disposal: 1
Water: 1
Tenant Expenses
Electricity: 1
Contract Information
Current Price: $176,500
Sold Price: $176,500
List Date: 2025-09-08
Status: Closed
Status Change Info
Ratified Contract Dt: 2025-09-12
Sold Date: 2025-10-29
Sold Price: $176,500
Property Features
Limited Service: Not Limited Service
Construction: Vinyl
Basement: Partial
Heating: Forced Air Gas
Cooling: None
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Lease Type: One Year
Owner Expenses: Trash Disposal; Water
Tenant Expenses: Electricity
Listing Office: KELLER WILLIAMS REALTY ROANOKE
Last Updated: October - 30 - 2025
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