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For sale
    • Price cut: $145K (7/16)
    $1,550,000

    4622 Grandin Rd SW, Roanoke, VA 24018

    --beds
    --baths
    12,192sqft
    : 
    $9,985/mo
    Get pre-qualified
    Multi Family
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $127/sqft
    $-- HOA

    What's special

    Private poolLandscaped surroundingsManicured groundsAmple off-street parkingAll-brick colonial architecturePeaceful park-like settingCommon-area stairwells and corridors
    Nestled in Roanoke's desirable Southwest corridor, this 12-unit apartment building offers investors an attractive blend of stability and upside potential. The property has been well maintained and features all-brick Colonial architecture, manicured grounds and spacious two-bedroom apartments. Current rents are below market, creating immediate potential for income growth. Residents enjoy a peaceful, park-like setting in the Oak Grove area just minutes from Lewis Gale Medical Center, Tanglewood Mall, and Electric Rd. (U.S. 419) commercial corridor, making it a consistently sought-after rental location. " 12 total units - All 2BR apartments " Classic brick exterior with colonial detailing " Central boiler with gas backup heat " Owner also pays water/sewer; tenants pay electric " Ample off-street parking and landscaped surroundings " Common-area stairwells and corridors " Strong rental history with minimal vacancy " Private pool (currently not in use, with potential for reactivation or repurposing)
    105 days
    |
    336
    |
    18
    |

    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#: 926553MLS Logo

      Facts & features

      Interior

      Heating
      • Forced Air Electric
      Cooling
      • Central Air
      Features
      • Has basement: No
      Interior area
      • Total structure area: 12,192
      • Total interior livable area: 12,192 sqft

      Property

      Parking
      • Total spaces: 25
      • Parking features: Private (10 or More)
      Lot
      • Size: 1.03 Acres
      Details
      • Parcel number: 5090123
      • Zoning: RM-2

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • Completed
      • Year built: 1977

      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: $127/sqft
      • Tax assessed value: $1,205,900
      • Annual tax amount: $11,899
      • Date on market: 4/15/2026
      • Tenant pays: Electricity

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,753/mo

        Price history

        DateEventPrice
        7/16/2026Price change$1,550,000-8.6%$127/sqft
        Source: RVAR #926553 Report a problem
        7/8/2026Listing removed$1,195
        Source: Zillow Rentals Report a problem
        6/16/2026Price change$1,195-7.7%
        Source: Zillow Rentals Report a problem
        6/4/2026Price change$1,695,000-5.6%$139/sqft
        Source: RVAR #926553 Report a problem
        5/18/2026Listed for rent$1,295+12.6%
        Source: Zillow Rentals Report a problem
        4/15/2026Listed for sale$1,795,000$147/sqft
        Source: RVAR #926553 Report a problem
        4/15/2026Listing removed$1,795,000$147/sqft
        Source: RVAR #922369 Report a problem
        3/26/2026Pending sale$1,795,000$147/sqft
        Source: RVAR #922369 Report a problem
        3/11/2026Listed for sale$1,795,000$147/sqft
        Source: RVAR #922369 Report a problem
        2/2/2026Pending sale$1,795,000$147/sqft
        Source: RVAR #922369 Report a problem
        10/31/2025Listed for sale$1,795,000+56.1%$147/sqft
        Source: RVAR #922369 Report a problem
        4/10/2025Listing removed$1,150
        Source: Zillow Rentals Report a problem
        3/20/2025Listed for rent$1,150+5%
        Source: Zillow Rentals Report a problem
        6/21/2023Listing removed--
        Source: Zillow Rentals Report a problem
        6/8/2023Listed for rent$1,095
        Source: Zillow Rentals Report a problem
        5/3/2021Sold$1,150,000+37.7%$94/sqft
        Source: Public Record Report a problem
        1/12/2021Sold$835,000$68/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$14,712 +6.5%$1,205,900 +6.5%
        2024$13,817 +9.2%$1,132,500 +9.2%
        2023$12,654 +14.5%$1,037,200 +14.5%
        2022$11,050 +9%$905,700 +9%
        2021$10,138 -1.5%$831,000
        2020$10,290 +4.7%$831,000 +3.2%
        2019$9,826 +98.6%$805,400 +3.6%
        2018$4,948 +8.7%$777,200 +6.3%
        2017$4,553 +5.7%$731,100 +2.7%
        2016$4,306 +29.9%$711,900 +0.9%
        2015$3,315 $705,600 +2.7%
        2014$3,315 $687,200 +2.7%
        2013-- $669,300
        2012-- $669,300
        2011-- $669,300
        2010-- $669,300
        2009-- $669,300 +2.7%
        2008-- $651,900
        2007-- $651,900 +22.1%
        2005-- $533,900 +10.6%
        2004-- $482,700 +14.9%
        2003-- $420,000 +1.2%
        2002-- $415,000
        2001-- $415,000
        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.
        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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        Climate risks

        Neighborhood: Greater Deyerle

        Getting around

        43 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        17 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Grandin Court
        • Middle: Woodrow Wilson
        • 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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