Ideally located aside one of Roanoke's main thoroughfares and minutes from downtown Roanoke, this fully occupied 12-unit apartment complex offers a stable, performing asset with considerable upside. Currently under professional management, new leases have seen an increase of over 20%. Features include 1-bedroom and 2-bedroom floorplans, off street parking, onsite laundry facility, and central air in all units. Electricity separately metered and covered by tenants, owner pays water/sewer and trash removal. New roofs on both buildings within the last two years
Sold for $950,000
$950,000
117 Avendale Ave NE, Roanoke, VA 24012
--beds
--baths
10,254sqft
Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$93/sqft
$1,316 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,316/mo
Zestimate® history
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Onsite laundry facilityCentral airNew roofs
Zillow last checked:
Listing updated:
Listed by:
Derek Hicks 540-400-0215,
WALDVOGEL COMMERCIAL PROPERTIES,
Matthew Harold Zimmerman 540-339-7788
Bought with:
EDGAR ORNELAS, 0225241498
EXP REALTY LLC - STAFFORD
Source: RVAR,MLS#: 905225
Facts & features
Interior
Heating
- Heat Pump Electric
Cooling
- Central Air, Heat Pump Electric
Features
- Has basement: No
Interior area
- Total structure area: 10,254
- Total interior livable area: 10,254 sqft
Property
Parking
- Parking features: Private (10 or More)
Lot
- Size: 0.5 Acres
Details
- Parcel number: 3090921
- Zoning: RMF
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Vinyl
Condition
- Completed
- Year built: 1972
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: $811,100
- Annual tax amount: $8,816
- Date on market: 2/24/2024
- Lease term: 12 Months
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 3/22/2024 | Sold | $950,000-2.6%$93/sqft |
Source:  RVAR #905225 Report a problem | ||
| 3/5/2024 | Pending sale | $975,000$95/sqft |
Source: RVAR #905225 Report a problem | ||
| 2/24/2024 | Listed for sale | $975,000-8%$95/sqft |
Source: RVAR #905225 Report a problem | ||
| 11/2/2023 | Listing removed | -- |
Source: RVAR #901323 Report a problem | ||
| 10/25/2023 | Price change | $700-6.7% |
Source: RVAR #901323 Report a problem | ||
| 9/1/2023 | Listed for rent | $750 |
Source: RVAR #901323 Report a problem | ||
| 5/26/2023 | Listing removed | -- |
Source: RVAR #897003 Report a problem | ||
| 5/10/2023 | Price change | $1,060,000-1.4%$103/sqft |
Source: RVAR #897003 Report a problem | ||
| 3/29/2023 | Listed for sale | $1,075,000+24.3%$105/sqft |
Source: RVAR #897003 Report a problem | ||
| 5/16/2022 | Sold | $865,000+4.8%$84/sqft |
Source: Public Record Report a problem | ||
| 7/13/2021 | Listing removed | -- |
Source: RVAR #879356 Report a problem | ||
| 5/19/2021 | Pending sale | $825,000$80/sqft |
Source: RVAR #879356 Report a problem | ||
| 4/30/2021 | Listed for sale | $825,000+37.5%$80/sqft |
Source: RVAR #879356 Report a problem | ||
| 2/25/2019 | Sold | $600,000$59/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $9,895 +8.5% | $811,100 +8.5% |
| 2024 | $9,117 +11.9% | $747,300 +11.9% |
| 2023 | $8,148 +29.8% | $667,900 +29.8% |
| 2022 | $6,277 +7.4% | $514,500 +7.4% |
| 2021 | $5,844 -3.4% | $479,000 |
| 2020 | $6,049 +13% | $479,000 +9.2% |
| 2019 | $5,351 -9.2% | $438,600 +2.8% |
| 2018 | $5,893 +1.8% | $426,800 +1.8% |
| 2017 | $5,791 +2.6% | $419,100 +2.7% |
| 2016 | $5,643 +18.2% | $407,900 +3.6% |
| 2015 | $4,774 | $393,600 +6.3% |
| 2014 | $4,774 | $370,100 |
| 2013 | -- | $370,100 +17.8% |
| 2012 | -- | $314,300 |
| 2011 | -- | $314,300 |
| 2010 | -- | $314,300 |
| 2009 | -- | $314,300 |
| 2008 | -- | $314,300 |
| 2007 | -- | $314,300 +12.4% |
| 2005 | -- | $279,600 +1% |
| 2004 | -- | $276,800 +9.8% |
| 2003 | -- | $252,000 +5% |
| 2002 | -- | $240,000 |
| 2001 | -- | $240,000 |
Find assessor info on the county website
Neighborhood: Williamson Road
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Nearby schools
GreatSchools rating
- 2/10Lincoln Terrace Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 1/10Addison Aerospace Magnet Middle SchoolGrades: 6-8Distance: 1 mi
- 1/10William Fleming High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Lincoln Terrace
- Middle: Lucy Addison
- High: William Fleming
Source: RVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Virginia
- Roanoke City
- Roanoke
- 24012
- Williamson Road
- 117 Avendale Ave NE
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