SE Roanoke Duplex on a great street! Excellent Investment Opportunity priced at a 7.15% Cap Rate with a lot of upside potential!Each unit is 3 Bedroom, 1 Bath with laundry hookups. Both top and bottom units are currently rented month-to-month.
Sold for $204,000
$204,000
1323 Memphis St SE, Roanoke, VA 24013
--beds
--baths
2,156sqft
Multi Family
Built in 1985
-- sqft lot
$-- Zestimate®
$95/sqft
$1,229 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,229/mo
Zestimate® history
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Laundry hookups
Zillow last checked:
Listing updated:
Listed by:
STEVE ZEGARSKI 540-309-6738,
WALDVOGEL COMMERCIAL PROPERTIES,
JASON NOEL FOUNTAIN 540-354-6456
Bought with:
JASON NOEL FOUNTAIN, 0225077081
WALDVOGEL COMMERCIAL PROPERTIES
Source: RVAR,MLS#: 911367
Facts & features
Interior
Heating
- Heat Pump Electric
Cooling
- Central Air
Features
- Has basement: No
Interior area
- Total structure area: 2,156
- Total interior livable area: 2,156 sqft
Property
Parking
- Parking features: Private (1 - 9)
Lot
- Size: 7,840 Square Feet
Details
- Parcel number: 4141306
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl
Condition
- Completed
- Year built: 1985
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: $95/sqft
- Tax assessed value: $159,800
- Annual tax amount: $2,163
- Date on market: 10/1/2024
- Tenant pays: Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 12/23/2024 | Sold | $204,000+2.5%$95/sqft |
Source:  RVAR #911367 Report a problem | ||
| 10/7/2024 | Pending sale | $199,000$92/sqft |
Source: RVAR #911367 Report a problem | ||
| 10/1/2024 | Listed for sale | $199,000+65.8%$92/sqft |
Source: RVAR #911367 Report a problem | ||
| 2/19/2021 | Sold | $120,000-2.9%$56/sqft |
Source: RVAR #875481 Report a problem | ||
| 12/14/2020 | Pending sale | $123,600$57/sqft |
Source: RVAR #875481 Report a problem | ||
| 12/3/2020 | Listed for sale | $123,600$57/sqft |
Source: WALDVOGEL COMMERCIAL PROPERTIES #875481 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,950 +3.7% | $159,800 +3.7% |
| 2024 | $1,880 +13.9% | $154,100 +13.9% |
| 2023 | $1,651 +5.6% | $135,300 +5.6% |
| 2022 | $1,563 +7% | $128,100 +7% |
| 2021 | $1,460 -9.1% | $119,700 +1.8% |
| 2020 | $1,606 +17.2% | $117,600 +4.6% |
| 2019 | $1,371 -14.6% | $112,400 |
| 2018 | $1,606 +13.6% | $112,400 |
| 2017 | $1,414 | $112,400 |
| 2016 | $1,414 +15.1% | $112,400 |
| 2015 | $1,229 | $112,400 |
| 2014 | $1,229 | -- |
| 2013 | -- | $103,300 |
| 2012 | -- | $103,300 |
| 2011 | -- | $103,300 |
| 2010 | -- | $103,300 |
| 2009 | -- | $103,300 +2.1% |
| 2008 | -- | $101,200 |
| 2007 | -- | $101,200 +17.8% |
| 2005 | -- | $85,900 +9.6% |
| 2004 | -- | $78,400 +10.4% |
| 2003 | -- | $71,000 +2.9% |
| 2002 | -- | $69,000 |
| 2001 | -- | $69,000 |
Find assessor info on the county website
Neighborhood: Morningside
Nearby homes
- $--3 bd1 ba1.1k sqft1325 Memphis St SE, Roanoke, VA 24013Off Market
- $213,3003 bd1 ba1k sqft1319 Memphis St SE, Roanoke, VA 24013Off Market
- $209,500-- bd-- ba2.1k sqft1317 Memphis St SE, Roanoke, VA 24013Sold
- $---- bd-- ba-- sqft1327 Memphis St SE #&-1329, Roanoke, VA 24013Off Market
- $--3 bd1 ba1k sqft1327 Memphis St SE #1327, Roanoke, VA 24013Off Market
- $419,0003 bd2 ba1k sqft1313 Memphis St SE, Roanoke, VA 24013Sold
- $416,800-- bd-- ba2.1k sqft1313 Memphis St SE #1311-1317-1319, Roanoke, VA 24013Off Market
- $194,0003 bd-- ba1k sqft1313 Memphis St SE #1319-1311-, Roanoke, VA 24013Off Market
Nearby schools
GreatSchools rating
- 2/10Morningside Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 2/10Stonewall Jackson Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Patrick Henry High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Morningside
- Middle: John P. Fishwick
- High: Patrick Henry
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
- 24013
- Morningside
- 1323 Memphis St SE
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