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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
ABR, CFSP, CLHMS, CRS, GRI, Guild Elite, MCNE
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1202 Melrose AVE NW, Roanoke, VA 24017 (MLS# 928726)

1202 Melrose AVE NW, Roanoke, VA 24017

$172,450
20250624200352519491000000-o 20250624200353227858000000-o 20250624200351632626000000-o FRONT SIDE2 SIDE INTERIOR7 INTERIOR6 INTERIOR5 VIEW BATHROOM3 KITCHEN2 BACK BATHROOM2 BATHROOM INTERIOR4 INTERIOR3 LAUNDRY KITCHEN INTERIOR2 INTERIOR
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

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.

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.

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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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  • 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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