1202 Melrose AVE NW, Roanoke, VA 24017
$172,450
Property Type:
MultiFamily
Lot Size (sq. ft.):
7,405
Status:
Active
Current Price:
$172,450
List Date:
6/22/2026
Last Modified:
9/30/2026
Overview
Description
Listing Details MLS# 928726
Location, Tax & Legal
- Area
- 0140 - City of Roanoke - NW
- Street Number
- 1202
- Street Name
- Melrose
- Street Suffix
- AVE
- Street Direction Sfx
- NW
- State/Province
- VA
- Zip Code
- 24017
- Subdivision
- N/A
- Municipality
- City of Roanoke
- Elementary School
- Roanoke Academy of Math and Science
- Middle School
- Lucy Addison
- High School
- Patrick Henry
- Major Area
- 01 - City of Roanoke
- Phase
- 7
- Subdivision Map
- MELROSE AVE
- Lot
- PT 8
- Block
- 21
- Tax ID
- 222-2808
- Annual Taxes
- 1925
- Section
- No
- POA Y/N
- No
General Property Description
- Multi-Family Type
- Duplex
- Construction Status
- Completed
- Year Built
- 1925
- Number of Units
- 2
- # Unfurnished
- 2
- Gross Bldg SQFT
- 1728
- Lot Dimensions
- 50 X 150
- Total Acreage
- 0.17
- Basement Y/N
- Yes
- Parking Description
- On Street
- Operating Expense
- 4366.14
- Net Operating Income
- 19649
- Gross Income
- 23880
- Water Class
- N/A
- # Furnished
- 0
- # Leased Units
- 0
Internet Access
- Cur'nt Internet Prov
- COX
- Cable
- Yes
Miscellaneous Info
- Public Transport
- Yes
Expenses
- Maintenance Exp
- 1500
- Tax Exp
- 666
- Insurance Exp
- 400
- Other Exp
- 706
More Information
Remarks & Misc
- Public Remarks
- GREAT TURN KEY INVESTMENT APTS - UPGRADED ELECTRICAL WIRING - STORAGE IN ATTIC AND BASEMENT - NEWLY PAINTED METAL ROOF - NEW WATER HEATER FOR UPSTAIRS UNIT - FRESH PAINT INSIDE AND OUTSIDE - FRONT AND BACK PORCHES - NEW LUXURY VINYL TILE - NEAR BUS LINE - BLOWN IN INSULATION IN UPSTAIRS AND DOWNSTAIRS WALLS AS WELL AS IN ATTIC - NEW CABINETS IN UNIT TWO - LAUNDRY HOOKUPS IN BOTH UNITS - LEVEL BACK LAWN - NEWLY REFINISHED CLAWFOOT TUB - HARDWOOD FLOORING - ON THE BUS LINE - VIEW ROANOKE STAR FROM YOUR BALCONY! CAN BE CONVERTED BACK TO A SINGLE FAMILY DWELLING BY REINSTALLING A DOORWAY.
- Directions
- FROM CIVIC CENTER - ORANGE AVE WEST, LEFT ON 12TH, RIGHT ON MELROSE, HOME ON LEFT.
Limited Service
- Not Limited Service
- Yes
Construction
- Vinyl
- Yes
Basement
- Partial
- Yes
Heating
- Baseboard Electric
- Yes
- Forced Air Gas
- Yes
Cooling
- None
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Water Heater Type
- Tank
- Yes
Water Heater Energy
- Electric
- Yes
Amenities Common
- Cable TV
- Yes
Owner Expenses
- Lawn Care
- Yes
- Sewer
- Yes
- Water
- Yes
Interior Features
- Storage
- Yes
Tenant Expenses
- Cable TV
- Yes
- Electricity
- Yes
- Gas
- Yes
Property Features
Limited Service:
Not Limited Service
Construction:
Vinyl
Basement:
Partial
Heating:
Baseboard Electric; Forced Air Gas
Cooling:
None
Water Description:
Public
Sewer Description:
Public Sewer
Water Heater Type:
Tank
Water Heater Energy:
Electric
Amenities Common:
Cable TV
Owner Expenses:
Lawn Care; Water
Interior Features:
Storage
Internet Access:
Cable
Tenant Expenses:
Cable TV; Electricity; Gas
Listing Office:
MOUNTAIN VIEW REAL ESTATE LLC
Last Updated: September - 30 - 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.

