Investment property available in Roanoke with immediate rental income in place. This 2-bedroom, 1-bathroom home is currently leased through 3/31/27 at $1,050 per month, offering a turnkey opportunity for investors.
The home features a dining room, a large open living area, high ceilings, and wood floors throughout. An additional room off one of the bedrooms provides flexibility for use as a third bedroom, office, or bonus space. A full, unfinished attic offers potential for future expansion, while a newer electrical panel adds value and peace of mind. The property also includes a fenced backyard. Please allow 24-hour notice for all showings due to tenant occupancy.
For more information about this property for sale, contact Realtor at or email .
Pending
$135,000
1305 Penmar Ave SE, Roanoke, VA 24013
2beds
1,064sqft
:
Get pre-qualified$919/mo
Single Family Residence
Built in ----
5,227 Square Feet Lot
$105,500 Zestimate®
$127/sqft
$-- HOA
What's special
- 99 days |
- 15 |
- 0 |
Zillow last checked:
Listed by:
Danielle Dillon,
Blue Ridge Land & Auction 540-745-2005
Source: REALSTACK,MLS#: 103098
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
Features
- Has basement: No
Interior area
- Total structure area: 1,064
- Total interior livable area: 1,064 sqft
Video & virtual tour
Property
Lot
- Size: 5,227 Square Feet
Details
- Parcel number: 4131302
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Community & HOA
Location
- Region: Roanoke
Financial & listing details
- Price per square foot: $127/sqft
- Tax assessed value: $116,600
- Annual tax amount: $1,423
- Date on market: 4/21/2026
- Lease term: Contact For Details
Estimated market value
$105,500
$96,000 - $116,000
$1,269/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Sold | $105,000-22.2%$99/sqft |
Source:  RVAR #926091 Report a problem | ||
| 4/30/2026 | Pending sale | $135,000$127/sqft |
Source: RVAR #926091 Report a problem | ||
| 4/1/2026 | Listed for sale | $135,000$127/sqft |
Source: RVAR #926091 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,423 +9% | $116,600 +9% |
| 2024 | $1,305 +20.1% | $107,000 +20.1% |
| 2023 | $1,087 +13.6% | $89,100 +13.6% |
| 2022 | $956 +21.2% | $78,400 +21.2% |
| 2021 | $789 -11.4% | $64,700 +2.9% |
| 2020 | $891 +18.5% | $62,900 +2.1% |
| 2019 | $752 -14% | $61,600 +2.3% |
| 2018 | $874 +19.7% | $60,200 +6.9% |
| 2017 | $730 | $56,300 |
| 2016 | $730 +4.5% | $56,300 |
| 2015 | $699 | $56,300 |
| 2014 | $699 | $56,300 -4.1% |
| 2013 | -- | $58,700 -4.1% |
| 2012 | -- | $61,200 -5.8% |
| 2011 | -- | $65,000 |
| 2010 | -- | $65,000 |
| 2009 | -- | $65,000 |
| 2008 | -- | $65,000 |
| 2007 | -- | $65,000 +13.8% |
| 2005 | -- | $57,100 +9.8% |
| 2004 | -- | $52,000 +10.2% |
| 2003 | -- | $47,200 +8% |
| 2002 | -- | $43,700 +10.1% |
| 2001 | -- | $39,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Morningside
Nearby schools
GreatSchools rating
- 2/10Morningside Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 2/10Stonewall Jackson Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Patrick Henry High SchoolGrades: 9-12Distance: 3.7 mi
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A local agent can set up tours, give advice and negotiate with sellers.
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