1316 Chapman AVE SW, Roanoke, VA 24016

$365,000
Property Type: MultiFamily Lot Size (sq. ft.): 7,405 Status: Active
Current Price: $365,000 List Date: 8/05/2026 Last Modified: 11/06/2026

Overview

Description

TRI-PLEX! Just walking minutes from Grandin Village. The perfect investment opportunity to add a established rental to your portfolio. Perfect for Investors and owner occupants. This renovated investment property features a new Roof, HVAC(s), Furnace(s), Hot water heater(s)all just 2 years old! New main water line and gas line in 2026! and a ton of cosmetic upgrades as well. UNIT 1: 4 Bedrooms and 1 bathroom UNIT 2: 3 Bedrooms and 1 bathroom UNIT 3: 2 Bedrooms and 1 bathroom Every unit has it's own laundry. Owner pays for the water, the tenants pay for their own Electric, all units are separately metered. Come see it today!

Listing Details MLS# 930138

Location, Tax & Legal

Area
0130 - City of Roanoke - SW
Street Number
1316
Street Name
Chapman
Street Suffix
AVE
Street Direction Sfx
SW
State/Province
VA
Zip Code
24016
Subdivision
N/A
Municipality
City of Roanoke
Elementary School
Hurt Park
Middle School
Woodrow Wilson
High School
Patrick Henry

General Property Description

Multi-Family Type
Triplex
Construction Status
Completed
Year Built
1905
Number of Units
3
# Unfurnished
3
# Leased Units
3
Gross Bldg SQFT
3284
Total Acreage
0.17
Basement Y/N
Yes
Parking Description
On Street
# Vehicle Spaces
6
Operating Expense
1200
Net Operating Income
30900
Gross Income
35100
Water Class
N/A

Internet Access

Cur'nt Internet Prov
COX

Miscellaneous Info

Public Transport
Yes

More Information

Property Features

Limited Service: Not Limited Service Construction: Brick; Vinyl Basement: Dirt Floor Heating: Heat Pump Electric; Heat Pump Gas Cooling: Heat Pump Electric Fireplace: Masonry Water Description: Public Sewer Description: Public Sewer Water Heater Type: Tank Water Heater Energy: Electric Amenities Common: Cable TV Lease Type: Two Year; Month To Month Owner Expenses: Water Misc Features: Pet Allowed; Wireless Internet Tenant Expenses: Air Conditioning; Electricity; Heating
Listing Office: REAL BROKER LLC - DGA-SALEM
Last Updated: November - 06 - 2026
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