For sale

Price cut: $10K (7/16)

$179,000

1021 Penmar Ave SE, Roanoke, VA 24013

--beds

--baths

1,916sqft

$1,232/mo

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Multi Family

Built in 1925

-- sqft lot

$-- Zestimate^®

$93/sqft

$-- HOA

What's special

Large backyard

Income producing property for sale in Roanoke, Va! Currently rented, this is a home that's has instant income upon purchase. Large backyard. Duplex with 2 bedroom 1 bath downstairs at $845 and the second unit is a 1 bedroom 1 bath at $885. Both leases renew 8/26. 24 hr notice required for showings.

123 days

237

9

Facts & features

Interior

Heating

Heat Pump Electric

Cooling

Heat Pump Electric, Window Unit(s)

Features

Has basement: No

Interior area

Total structure area: 1,916
Total interior livable area: 1,916 sqft

Property

Parking

Parking features: Other - See Remarks

Lot

Size: 6,098 Square Feet

Details

Parcel number: 4140606

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Vinyl

Condition

Completed
Year built: 1925

Utilities & green energy

Electric: 0 Phase
Sewer: Public Sewer

Community & HOA

Community

Subdivision: N/A

HOA

Has HOA: No

Location

Region: Roanoke

Financial & listing details

Price per square foot: $93/sqft
Tax assessed value: $125,800
Annual tax amount: $1,754
Date on market: 4/1/2026
Lease term: 12 Months
Tenant pays: All Utilities

Estimated market value

Not available

Estimated sales range

Not available

$1,662/mo

Price history

Date	Event	Price
7/16/2026	Price change	$179,000-5.3%$93/sqft
Source: RVAR #926090 Report a problem
4/1/2026	Listed for sale	$189,000$99/sqft
Source: RVAR #926090 Report a problem
3/1/2021	Listing removed	--
Source: Owner Report a problem
7/9/2020	Listing removed	$675
Source: Owner Report a problem
6/1/2020	Listed for rent	$675
Source: Owner Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,535 +14.5%	$125,800 +14.5%
2024	$1,341 +26.3%	$109,900 +26.3%
2023	$1,061 +5.8%	$87,000 +5.8%
2022	$1,003 +14%	$82,200 +14%
2021	$880 -18%	$72,100
2020	$1,073 +28.1%	$72,100 +4.9%
2019	$838 -21.9%	$68,700
2018	$1,073 +26.9%	$68,700 +4.4%
2017	$846	$65,800
2016	$846 +3.6%	$65,800
2015	$816	$65,800
2014	$816	$65,800 -4.1%
2013	--	$68,600 -4.2%
2012	--	$71,600 -5.9%
2011	--	$76,100
2010	--	$76,100
2009	--	$76,100
2008	--	$76,100
2007	--	$76,100 +13.6%
2005	--	$67,000 +9.8%
2004	--	$61,000 +10.1%
2003	--	$55,400 +8%
2002	--	$51,300 +10.1%
2001	--	$46,600

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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