718 Windsor AVE SW 1-4, Roanoke, VA 24015
$395,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
7,405
Status:
Closed
Current Price:
$395,000
List Date:
9/09/2025
Last Modified:
10/31/2025
Description
718 Windsor Avenue SW is a brick exterior, income-producing four-unit apartment building nestled in the walkable Wasena area of Southwest Roanoke—situated just minutes from downtown, Towers Shopping Center, and the VA Tech Carilion medical complex. This is a real estate first timer's gem, offering four compact apartments with similar layouts and finishes with ideal Roanoke convenience and neighborhood charm. The property features four 1-bed, 1-bath units, ideal for hassle-free management and turnkey rental income. Landlord covers water and sewer only. Each unit has its own HVAC system. The most recently renovated unit (A) leases for $850 per month. B, C and D rent for $675, $650 and $750 respectively although D is vacant effective September 1st. See Documents tab for financials.
Supplements: This quad is part of a larger portfolio of multifamily properties that can be purchased as well. Call agent for details.
More Information MLS# 920826
General Property Description
Lot Dimensions: 50 x 146
Multi-Family Type: Quad
Construction Status: Completed
Total Acreage: 0.17
Present Use: Built-As
# Furnished: 0
# Unfurnished: 4
# Leased Units: 3
Gross Bldg SQFT: 2128
Basement Y/N: No
Water Class: N/A
Parking Description: Private (1 - 9)
Gross Income: 36300
Year Built: 1973
Number of Units: 4
Operating Expense: 12278
Net Operating Income: 22207
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Unit #: 1-4
Phase: 0
Lot: 9
Block: 4
Tax ID: 1250516
Annual Taxes: 3835
Section: 0
Zoning Code: RM-2
POA Y/N: No
Area: 0130 - City of Roanoke - SW
Street Number: 718
Street Name: Windsor
Street Suffix: AVE
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24015
Subdivision: NA
Municipality: City of Roanoke
Elementary School: Wasena
Middle School: James Madison
High School: Patrick Henry
Remarks & Misc
Directions: 718 Windsor Ave. SW
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Basement
Crawl Space: 1
Heating
Forced Air Electric: 1
Miscellaneous Info
Public Transport: Yes
Cooling
Central Air: 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
Lawn Care: 1
Sewer: 1
Water: 1
Internet Access
Fiber: 1
Cable: 1
Tenant Expenses
Air Conditioning: 1
Electricity: 1
Heating: 1
Expenses
Management Exp: 2069
Maintenance Exp: 2759
Tax Exp: 3835
Insurance Exp: 1600
Electric Exp: 300
Gas Exp: 0
Oil Exp: 0
Water Exp: 1150
Other Exp: 500
Contract Information
Current Price: $395,000
Sold Price: $395,000
List Date: 2025-09-06
Status: Closed
Status Change Info
Ratified Contract Dt: 2025-09-17
Sold Date: 2025-10-27
Sold Price: $395,000
Property Features
Limited Service: Not Limited Service
Construction: Brick
Basement: Crawl Space
Heating: Forced Air Electric
Cooling: Central Air
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Lease Type: One Year
Owner Expenses: Lawn Care; Water
Internet Access: Cable; Fiber
Tenant Expenses: Air Conditioning; Electricity; Heating
Listing Office: VRC PROPERTIES LLC
Last Updated: October - 31 - 2025
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