111 Highland AVE SW, Roanoke, VA 24016
New Listing
$725,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
4,356
Status:
Active
Current Price:
$725,000
List Date:
10/15/2026
Last Modified:
10/15/2026
Overview
Description
Listing Details MLS# 932380
Location, Tax & Legal
- Area
- 0130 - City of Roanoke - SW
- Street Number
- 111
- Street Name
- Highland
- Street Suffix
- AVE
- Street Direction Sfx
- SW
- State/Province
- VA
- Zip Code
- 24016
- Subdivision
- N/A
- Municipality
- City of Roanoke
- Elementary School
- Highland Park
- Middle School
- James Madison
- High School
- William Fleming
- Major Area
- 01 - City of Roanoke
- Phase
- 0
- Lot
- 6
- Block
- 3
- Tax ID
- 102-1708
- Annual Taxes
- 6865.24
- Section
- SW
- POA Y/N
- No
General Property Description
- Multi-Family Type
- Apartments
- Construction Status
- Completed
- Year Built
- 1900
- Present Use
- Built-As
- Number of Units
- 7
- # Unfurnished
- 7
- # Leased Units
- 7
- Gross Bldg SQFT
- 5048
- Total Acreage
- 0.1
- Basement Y/N
- Yes
- Parking Description
- Private (1 - 9)
- Operating Expense
- 26250.02
- Net Operating Income
- 56194.4
- Gross Income
- 82444.42
- Water Class
- N/A
- # Furnished
- 0
Remarks & Misc
- Public Remarks
- Seven-unit built-as apartment building in Old Southwest, and currently fully leased. Six 2BR/1BA units (approx. 823 SF) and one 3BR/1BA unit (approx. 1,203 SF). Each unit has its own heat pump, and gas water heater, plus an in-unit washer/dryer, refrigerator, range, and dishwasher. Tenants pay for their own electric and gas. Covered porches on all three levels and private parking. A short walk downtown and minutes from Carilion Roanoke Memorial Hospital. Contact Briggs Cooper & Clay Taylor with Cushman and Wakefield Thalhimer (540) 676-2610 for more information.
- Directions
- N on Franklin rd and R onto Highland dr, 2 blocks and 111 Highland will be on the L
Construction
- Vinyl
- Yes
- Wood
- Yes
Basement
- Other - See Remarks
- Yes
More Information
Heating
- Forced Air Gas
- Yes
Cooling
- Heat Pump Electric
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Owner Expenses
- Lawn Care
- Yes
- Sewer
- Yes
- Water
- Yes
Tenant Expenses
- Electricity
- Yes
- Gas
- Yes
Property Features
Construction:
Vinyl; Wood
Basement:
Other - See Remarks
Heating:
Forced Air Gas
Cooling:
Heat Pump Electric
Water Description:
Public
Sewer Description:
Public Sewer
Owner Expenses:
Lawn Care; Water
Tenant Expenses:
Electricity; Gas
Listing Office:
MKB, REALTORS®
Last Updated: October - 15 - 2026
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