1111 1st ST SW, Roanoke, VA 24016

$310,000
Property Type: MultiFamily Lot Size (sq. ft.): 6,970 Status: Active
Current Price: $310,000 List Date: 10/14/2026 Last Modified: 11/06/2026

Overview

Description

Charming historic duplex in Old SW with incredible income or office flexibility! This spacious two-story home offers the perfect house-hacking opportunity - live in one unit and rent out the upstairs to cover your mortgage. Thanks to the zoning you can also use this versatile building as an office space. Why you'll love this property: *Historic Character: Enjoy the timeless architectural features like classic pocket doors, cozy fireplaces, an inviting first-floor wrap around porch and a private second floor enclosed porch and deck. *Modern Upgrades: Move right in with total peace of mind thanks to fully updated kitchens and bathrooms, brand new central heating and air conditioning and new water heaters. *Expansion potential: A massive, open walk-up attic with built in closets stand ready to be converted into expansive new living area. Both apartments are generously sized, completely turn-key and ready for you, your tenant or your business. Informal parking space accessible from the all ...

Listing Details MLS# 932364

Location, Tax & Legal

Area
0130 - City of Roanoke - SW
Street Number
1111
Street Name
1st
Street Suffix
ST
Street Direction Sfx
SW
State/Province
VA
Zip Code
24016
Subdivision
Old Southwest
Municipality
City of Roanoke
Elementary School
Highland Park
Middle School
James Madison
High School
Patrick Henry

General Property Description

Multi-Family Type
Duplex
Construction Status
Completed
Year Built
1900
Present Use
Converted
Number of Units
2
# Unfurnished
2
Gross Bldg SQFT
2318
Lot Dimensions
50' x 141'
Total Acreage
0.16
Basement Y/N
Yes
Parking Description
Other - See Remarks
Operating Expense
3941
Net Operating Income
3941
Gross Income
30000
Water Class
N/A

Miscellaneous Info

Public Transport
Yes

More Information

Property Features

Construction: Wood Basement: Full Heating: Forced Air Gas Cooling: Central Air Fireplace: Masonry Water Description: Public Sewer Description: Public Sewer Water Heater Type: Tank Water Heater Energy: Natural Gas Owner Expenses: Water Interior Features: Ceiling Fan(s); Storage Tenant Expenses: Electricity
Listing Office: REALSTAR, REALTORS® LLC
Last Updated: November - 06 - 2026
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