181 Maplelawn AVE NE, Roanoke, VA 24012

New Listing

$284,500

Property Type: MultiFamily Lot Size (sq. ft.): 11,326 Status: Active

Current Price: $284,500 List Date: 9/21/2026 Last Modified: 9/21/2026

Overview

Description

SOLID RANCH STYLE DUPLEX ON A NICE CORNER LOT IN THE CITY. BOTH UNITS ARE IN EXCEPTIONAL CONDITION. GREAT SIDE DOOR PARKING FOR BOTH AS WELL AS LOTS OF SPACE IN THE BASEMENT OF EACH UNIT. LAUNDRY FOR EACH UNIT. THE FLAT BACK YARD IS VERY ATTRACTIVE AND OFFERS A LARGE METAL STORAGE SHED AND GREAT OUTDOOR LIVING SPACE. VINYL REPLACEMENT WINDOWS IN BOTH UNITS FOR ENERGY EFFICIENCY AND THE RIGHT SIDE UNIT HAS LUXURY VINYL FLOORING. TENANTS PAY ALL UTILITIES. BOTH LEASES EXPIRE APRIL 30, 2027

Listing Details MLS# 931578

Location, Tax & Legal

Area: 0150 - City of Roanoke - NE
Street Number: 181
Street Name: Maplelawn
Street Suffix: AVE
Street Direction Sfx: NE
State/Province: VA
Zip Code: 24012
Subdivision: N/A
Municipality: City of Roanoke
Elementary School: Monterey
Middle School: Other - See Remarks
High School: William Fleming

General Property Description

Multi-Family Type: Duplex
Construction Status: Completed
Year Built: 1960
Present Use: Built-As
Number of Units: 2
# Unfurnished: 2
# Leased Units: 2
Gross Bldg SQFT: 1612
Lot Dimensions: 80x150
Total Acreage: 0.26
Basement Y/N: Yes
Parking Description: Private (1 - 9)
Operating Expense: 3638
Net Operating Income: 17002
Gross Income: 20640
Water Class: N/A

Miscellaneous Info

Public Transport: Yes

Expenses

Tax Exp: 2578
Insurance Exp: 1060

More Information

Property Features

Limited Service: Not Limited Service Construction: Brick Basement: Full Heating: Forced Air Gas Cooling: Central Air Water Description: Public Sewer Description: Public Sewer Water Heater Type: Tank Lease Type: Six Months Owner Expenses: Other - See Remarks Misc Features: Laundry Facility; Walk to School Internet Access: Cable Tenant Expenses: All Utilities

Listing Office: MKB, REALTORS®

Last Updated: September - 21 - 2026

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