123 Kirk AVE SW, Roanoke, VA 24011
$994,500
Property Type:
MultiFamily
Status:
Closed
Current Price:
$994,500
List Date:
10/27/2020
Last Modified:
10/14/2025
Overview
Description
The Raleigh is a 3 level multi-tenant property with 5 separately metered condominiums located in the center of downtown Roanoke. The location offers the convenience of great walkability, shopping, close proximity to work/school, and nearby parking. The property features 4 residential units and 1 commercial unit on the ground level facing Kirk Avenue. The Raleigh was developed and occupied by a family and is being offered for the first time for sale as a whole.
Listing Details MLS# 874613
Location, Tax & Legal
- Area
- 0110 - City of Roanoke - Downtown
- Street Number
- 123
- Street Name
- Kirk
- 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
- Yes
- Lot
- No
- Block
- No
- Tax ID
- 1011521
- Annual Taxes
- 2700
- Section
- No
- Zoning Code
- D
- POA Y/N
- No
General Property Description
- Multi-Family Type
- Apartments
- Construction Status
- Completed
- Year Built
- 1910
- Number of Units
- 5
- # Unfurnished
- 4
- # Leased Units
- Yes
- Gross Bldg SQFT
- 5243
- Lot Dimensions
- 1x1
- Basement Y/N
- No
- Parking Description
- On Street
- Operating Expense
- Yes
- Net Operating Income
- Yes
- Gross Income
- 10800
- Water Class
- N/A
- # Furnished
- 0
Status Change Info
- Ratified Contract Dt
- 2021-01-27
- Sold Date
- 2021-03-01
Remarks & Misc
- Directions
- Located on Kirk Avenue between 1st and 2nd Street in downtown Roanoke.
Limited Service
- Not Limited Service
- Yes
More Information
Construction
- Brick
- Yes
Basement
- Slab
- Yes
Heating
- Gas – Natural
- Yes
- Heat Pump Electric
- Yes
Cooling
- Central Air
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Owner Expenses
- Management Fee
- Yes
- Sewer
- Yes
- Water
- Yes
Tenant Expenses
- Electricity
- Yes
- Gas
- Yes
Property Features
Limited Service:
Not Limited Service
Construction:
Brick
Basement:
Slab
Heating:
Gas – Natural; Heat Pump Electric
Cooling:
Central Air
Water Description:
Public
Sewer Description:
Public Sewer
Owner Expenses:
Management Fee; Water
Tenant Expenses:
Electricity; Gas
Listing Office:
POE & CRONK REAL ESTATE GROUP
Last Updated: October - 14 - 2025
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.
