1630 Wayne ST NE, Roanoke, VA 24012
$305,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
12,632
Status:
Closed
Current Price:
$305,000
List Date:
9/08/2025
Last Modified:
11/05/2025
Description
Investment opportunity in the heart of Roanoke! This classic all-brick 4-unit building offers four spacious 1-bedroom, 1-bathroom apartments, each with a functional layout and plenty of natural light. With a strong rental history and excellent potential for long-term cash flow, this property is an ideal addition to any investor's portfolio.
More Information MLS# 920781
General Property Description
Multi-Family Type: Quad
Construction Status: Completed
Total Acreage: 0.29
# Furnished: 0
# Unfurnished: 4
# Leased Units: 4
Gross Bldg SQFT: 2184
Basement Y/N: No
Water Class: N/A
Parking Description: Private (1 - 9)
Gross Income: 28997
Year Built: 1970
Number of Units: 4
Operating Expense: 5905.4
Net Operating Income: 34902.6
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 0
Lot: 14
Block: 2
Tax ID: 3110115
Annual Taxes: 2525.4
Section: 0
POA Y/N: No
Area: 0150 - City of Roanoke - NE
Street Number: 1630
Street Name: Wayne
Street Suffix: ST
Street Direction Sfx: NE
State/Province: VA
Zip Code: 24012
Subdivision: Oakland
Municipality: City of Roanoke
Elementary School: Lincoln Terrace
Middle School: Lucy Addison
High School: William Fleming
Remarks & Misc
Directions: Get on US-220 N in Roanoke from Electric Rd, Continue on US-220 N to US-460 E/Orange Ave NE. Take exit 4E from I-581 N, Take Williamson Rd NE to Wayne St NE, Destination will be on the left.
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Basement
Slab: 1
Heating
Baseboard Electric: 1
Cooling
None: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Owner Expenses
Lawn Care: 1
Sewer: 1
Water: 1
Tenant Expenses
Deposit: 1
Electricity: 1
Contract Information
Current Price: $305,000
Sold Price: $305,000
List Date: 2025-09-08
Status: Closed
Status Change Info
Ratified Contract Dt: 2025-10-02
Sold Date: 2025-11-05
Sold Price: $305,000
Property Features
Limited Service: Not Limited Service
Construction: Brick
Basement: Slab
Heating: Baseboard Electric
Cooling: None
Water Description: Public
Sewer Description: Public Sewer
Owner Expenses: Lawn Care; Water
Tenant Expenses: Deposit; Electricity
Listing Office: KELLER WILLIAMS REALTY ROANOKE
Last Updated: November - 05 - 2025
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