Well-located multifamily investment opportunity in Roanoke's desirable Raleigh Court/Grandin Village area. This classic brick,1930s property offers strong neighborhood appeal, convenient access to restaurants, shopping, parks, schools, public transportation, and major employment centers. Positioned along Grandin Road SW, the asset has proven durable rental demand. Ideal for investors seeking a long-term hold or value-add opportunity through continued professional management and potential unit improvements. Additional potential income from garage leases (8 units) and laundry income. See rent roll for details. Property is made up of 8 2BR's and 4 1BR's. On site parking in back.
For sale
$1,499,000
1712 Grandin Rd SW, Roanoke, VA 24015
--beds
--baths
10,656sqft
:
Get pre-qualified$9,874/mo
Multi Family
Built in 1930
-- sqft lot
$-- Zestimate®
$141/sqft
$-- HOA
What's special
Classic brick
- 34 days |
- 672 |
- 30 |
Zillow last checked:
Listing updated:
Listed by:
JASON NOEL FOUNTAIN 540-444-4737,
INVESTORS REAL ESTATE PARTNERS LLC 540-444-4737,
STEVEN JUDE ZEGARSKI 540-309-6738
Source: RVAR,MLS#: 929215
Facts & features
Interior
Heating
- Heat Pump Electric
Cooling
- Central Air
Features
- Has basement: Yes
Interior area
- Total structure area: 10,656
- Total interior livable area: 10,656 sqft
Property
Parking
- Parking features: Private (10 or More)
Lot
- Size: 0.58 Acres
Details
- Parcel number: 1440702
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- Completed
- Year built: 1930
Utilities & green energy
- Electric: 12 Phase
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: Grandin Court
HOA
- Has HOA: No
Location
- Region: Roanoke
Financial & listing details
- Price per square foot: $141/sqft
- Tax assessed value: $942,200
- Annual tax amount: $11,500
- Date on market: 7/7/2026
- Tenant pays: Electricity
Estimated market value
Not available
Estimated sales range
Not available
$1,844/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Listed for sale | $1,499,000$141/sqft |
Source:  RVAR #929215 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $11,495 +9.5% | $942,200 +9.5% |
| 2024 | $10,499 +14.5% | $860,600 +14.5% |
| 2023 | $9,167 +14.3% | $751,400 +14.3% |
| 2022 | $8,019 +10.6% | $657,300 +10.6% |
| 2021 | $7,250 -1.9% | $594,300 |
| 2020 | $7,387 +5.1% | $594,300 +3.1% |
| 2019 | $7,031 -0.8% | $576,300 +4.4% |
| 2018 | $7,088 +6.6% | $551,800 +7% |
| 2017 | $6,647 +2.5% | $515,600 +2.6% |
| 2016 | $6,486 +22.1% | $502,400 +3.5% |
| 2015 | $5,310 | $485,500 +3.5% |
| 2014 | $5,310 | $469,200 +5.2% |
| 2013 | -- | $446,200 |
| 2012 | -- | $446,200 |
| 2011 | -- | $446,200 |
| 2010 | -- | $446,200 |
| 2009 | -- | $446,200 +2.6% |
| 2008 | -- | $435,000 |
| 2007 | -- | $435,000 +18.6% |
| 2005 | -- | $366,900 +19.3% |
| 2004 | -- | $307,500 +14.7% |
| 2003 | -- | $268,000 +3.9% |
| 2002 | -- | $258,000 |
| 2001 | -- | $258,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Raleigh Court
Nearby schools
GreatSchools rating
- 8/10Wasena Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 4/10James Madison Middle SchoolGrades: 6-8Distance: 0.9 mi
- 3/10Patrick Henry High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Wasena
- Middle: James Madison
- 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.
- $--2 bd1 ba-- sqft1712 Grandin Rd SW #4, Roanoke, VA 24015Off Market
- $--1 bd1 ba-- sqft1712 Grandin Rd SW APT 5, Roanoke, VA 24015Off Market
- $--1 bd1 ba-- sqft1712 Grandin Rd SW APT 8, Roanoke, VA 24015Off Market
- $--2 bd1 ba-- sqft1712 Grandin Rd SW APT 10, Roanoke, VA 24015Off Market
- $--2 bd1 ba-- sqft1712 Grandin Rd SW APT 12, Roanoke, VA 24015Off Market
- $--2 bd1 ba650 sqft1712 Grandin Rd SW APT 11, Roanoke, VA 24015Off Market
- $--2 bd1 ba-- sqft1712 Grandin Rd SW APT 1, Roanoke, VA 24015Off Market
- $--1 bd1 ba750 sqft1712 Grandin Rd SW APT 6, Roanoke, VA 24015Off Market
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
Similar homes
- $1,999,9996 bd6 ba7k sqft3846 Eagle Crest Dr, Roanoke, VA 24018For Sale
MLS ID #930192, GEORGE BARON. RVAR - $1,700,0006 bd7 ba6.1k sqft2412 Robin Hood Rd SE, Roanoke, VA 24014For Sale
MLS ID #927241, NORM PULLEN. RVAR - $1,270,129-- bd-- ba10k sqft3802 Panorama Ave NW, Roanoke, VA 24017For Sale
MLS ID #920982, COURTNEE W BISHOP. RVAR - $1,150,0006 bd4 ba6.1k sqft3226 Peakwood Dr SW, Roanoke, VA 24014For Sale
MLS ID #929373, SCOTT AVIS. RVAR - $1,394,0006 bd6 ba6.1k sqft7275 Starlight Ln, Boones Mill, VA 24065For SaleMLS ID #927858, FRAZIER HUGHES. RVAR
- $1,649,655-- bd-- ba13k sqft1606 Wayne St NE, Roanoke, VA 24012For SaleMLS ID #914568, COURTNEE W BISHOP. RVAR
- $1,199,0006 bd6 ba6.3k sqft5141 Crossbow Cir, Roanoke, VA 24018For SaleMLS ID #926839, CALLIE DALTON. RVAR
- $899,0008 bd6 ba6.5k sqft3244 Pineland Rd SW, Roanoke, VA 24018For SaleMLS ID #926529, JEREMY TODD OBRIEN. RVAR
- $769,0005 bd5 ba5.4k sqft1223 Roanoke Blvd, Salem, VA 24153For SaleMLS ID #928847, BAILEY JENKINS. RVAR
- $1,425,0007 bd4 ba8.5k sqft379 Greenhouse Rd, Glade Hill, VA 24092For SaleMLS ID #928676, VICKI S MILLEHAN. RVAR
- $1,799,2004 bd5 ba8.7k sqft143 Charlotte Ln, Hardy, VA 24101For SaleMLS ID #927422, TRICIA JOHNSON. RVAR
- $1,750,0005 bd6 ba5.4k sqft7770 Bending Oak Dr, Catawba, VA 24070For SaleMLS ID #922867, RORY TATER BENSON. RVAR
- $975,0005 bd6 ba8.4k sqft844 Blackwater Hills Dr, Glade Hill, VA 24092For SaleMLS ID #929023, REEDA LARSEN MILLER. RVAR
- $779,9505 bd4 ba5.4k sqft154 Butler Ct, Daleville, VA 24083For SaleMLS ID #929229, JAY KILBY. RVAR
- $899,9503 bd3 ba5.4k sqft120 Stonelea Dr, Troutville, VA 24175For SaleMLS ID #366461, Lisa Martin, Berkshire Hathaway Homeservice. LMLS
- $1,160,0007 bd6 ba5.5k sqft7083 Foxfire Rd, Catawba, VA 24070For SaleMLS ID #921060, AMY HUDSON. RVAR
