1517 Lexington AVE SW, Roanoke, VA 24015
$770,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
15,682
Status:
Active
Current Price:
$770,000
List Date:
1/03/2026
Last Modified:
1/11/2026
Description
2 buildings 7 unit townhouse style brick apartment complex within walking distance to the desired Grandin area.
Most of the units have been remodeled that feature 2 bedroom 1 bath. Baseboard heat with window AC units.
Dumpster contract transfers with the sale of the property.
Buyers and Buyers agent to satisfy themselves with the accuracy of the information provided. Most of the information was gathered from Roanoke GIS and management company.
More Information MLS# 923670
General Property Description
Lot Dimensions: 100x225
Multi-Family Type: Apartments
Construction Status: Completed
Total Acreage: 0.36
Present Use: Built-As
# Furnished: 0
# Unfurnished: 7
# Leased Units: 5
Gross Bldg SQFT: 6368
Basement Y/N: No
Water Class: N/A
Parking Description: Private (1 - 9)
# Vehicle Spaces: 8
Gross Income: 82560
Year Built: 1969
Number of Units: 7
Operating Expense: 20138
Net Operating Income: 62422
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 0
Subdivision Map: N/A
Lot: 5&6
Block: 3
Tax ID: 1322405
Annual Taxes: 8000
Section: 0
POA Y/N: No
Area: 0130 - City of Roanoke - SW
Street Number: 1517
Street Name: Lexington
Street Suffix: AVE
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24015
Subdivision: N/A
Municipality: City of Roanoke
Elementary School: Virginia Heights
Middle School: Woodrow Wilson
High School: Patrick Henry
Remarks & Misc
Directions: Grandin Road to a right on Memorial Ave., left on Dunmore street, right on Lexington Ave.
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Cement Block: 1
Basement
Crawl Space: 1
Views
City: 1
Mountain(s): 1
Heating
Baseboard Electric: 1
Miscellaneous Info
Public Transport: Yes
Paid Utilities: Water, Sewer, Trash
Cooling
Window Unit(s): 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Water Heater Type
Tank: 1
Water Heater Energy
Electric: 1
Amenities Common
Cable TV: 1
Lease Type
One Year: 1
Owner Expenses
Sewer: 1
Trash Disposal: 1
Water: 1
Interior Features
Ceiling Fan(s): 1
Internet Access
Cable: 1
Tenant Expenses
Cable TV: 1
Electricity: 1
Expenses
Tax Exp: 8000
Electric Exp: 0
Gas Exp: 0
Oil Exp: 0
Water Exp: 3000
Contract Information
Current Price: $770,000
List Price: $770,000
List Date: 2026-01-02
Status: Active
Property Features
Limited Service: Not Limited Service
Construction: Brick; Cement Block
Basement: Crawl Space
Heating: Baseboard Electric
Cooling: Window Unit(s)
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Amenities Common: Cable TV
Lease Type: One Year
Owner Expenses: Trash Disposal; Water
Interior Features: Ceiling Fan(s)
Internet Access: Cable
Views: Mountain(s)
Tenant Expenses: Cable TV; Electricity
Listing Office: KEYSTONE REALTY OF ROANOKE LLC
Last Updated: January - 11 - 2026
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