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Deborah F. Beran Inc

Smith Mountain Lake Real Estate for Sale

540-721-1488 | 540-529-4229 Cell
Deborah F. Beran Inc., Broker/Owner
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111 Highland AVE SW, Roanoke, VA 24016 (MLS# 932380)

111 Highland AVE SW, Roanoke, VA 24016

New Listing
$725,000
1 2 3 4 5 6 7 8 9 10
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

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.

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

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

More Information

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
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.

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Your Smith Mountain Lake Properties Professional:

Deborah F. Beran Inc.
dba Deb Beran Properties
6655 Scruggs Road
Moneta, VA 24121
540-721-1488 Office
540-529-4229 Cell

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Industry Associations:

  • Licensed in the Commonwealth of Virginia
  • Member of the National Association of Realtors
  • Member of the Roanoke Valley Association of REALTORS®
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