121 Campbell AVE SW, Roanoke, VA 24011
$815,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
2,178
Status:
Closed
Current Price:
$815,000
List Date:
5/03/2022
Last Modified:
10/14/2025
Overview
Description
121 Campbell Ave., is a 6,769SF mixed-use building located in the heart of downtown Roanoke, VA. The building is recently renovated and is comprised of 5 individual units, 3 two-bedroom apartments, 1 retail unit and 1 ground-level commercial live/work suite.
The building includes an elevator and spacious outdoor decking at the residential apartments.
121 Campbell Ave offers the owner an opportunity to live/work and generate additional income from long- and short-term rentals. This is a great opportunity to own a property and take advantage of the high demand for apartments in downtown Roanoke.
Listing Details MLS# 883468
Location, Tax & Legal
- Area
- 0110 - City of Roanoke - Downtown
- Street Number
- 121
- Street Name
- Campbell
- Street Suffix
- AVE
- Street Direction Sfx
- SW
- State/Province
- VA
- Zip Code
- 24011
- 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
- 31
- Block
- 7
- Tax ID
- 1011023
- Annual Taxes
- 8500
- Section
- SW1
- Zoning Code
- D
- POA Y/N
- No
General Property Description
- Multi-Family Type
- Apartments
- Construction Status
- Completed
- Year Built
- 1920
- Number of Units
- 5
- # Leased Units
- 4
- Gross Bldg SQFT
- 6769
- Lot Dimensions
- 1 x 1
- Total Acreage
- 0.05
- Basement Y/N
- Yes
- Parking Description
- Off Site
- Operating Expense
- 18000
- Net Operating Income
- 38700
- Gross Income
- 56700
- Water Class
- N/A
- # Furnished
- 0
- # Unfurnished
- 0
Status Change Info
- Ratified Contract Dt
- 2022-05-06
- Sold Date
- 2022-07-01
Remarks & Misc
- Directions
- Located in DT Roanoke between Campbell and 1st & Campbell and 2nd
Limited Service
- Not Limited Service
- Yes
More Information
Construction
- Brick
- Yes
Basement
- Partial
- Yes
Heating
- Baseboard Electric
- Yes
- Heat Pump Gas
- Yes
Cooling
- Central Air
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Owner Expenses
- Water
- Yes
Tenant Expenses
- Electricity
- Yes
- Gas
- Yes
Property Features
Limited Service:
Not Limited Service
Construction:
Brick
Basement:
Partial
Heating:
Baseboard Electric; Heat Pump Gas
Cooling:
Central Air
Water Description:
Public
Sewer Description:
Public Sewer
Owner Expenses:
Water
Tenant Expenses:
Electricity; Gas
Listing Office:
POE & CRONK REAL ESTATE GROUP
Last Updated: October - 14 - 2025
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