813 Ferdinand AVE SW, Roanoke, VA 24016

$675,000

Property Type: MultiFamily Lot Size (sq. ft.): 6,534 Status: Active

Current Price: $675,000 List Date: 8/24/2026 Last Modified: 8/31/2026

Overview

Description

Great opportunity to own a multi-family investment in Southwest Roanoke. Ideal location with the new Wasena Bridge near completion and close proximity to Downtown Roanoke and Roanoke Memorial Carilion. 8 apartment building with 5 units currently rented. Value-add opportunity. All 1 bedroom | 1 bathroom units. Coin operated washer and dryer. Preliminary financials with outstanding information needed.

Listing Details MLS# 930666

Location, Tax & Legal

Area: 0130 - City of Roanoke - SW
Street Number: 813
Street Name: Ferdinand
Street Suffix: AVE
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24016
Subdivision: Barnes
Municipality: City of Roanoke
Elementary School: Wasena
Middle School: James Madison
High School: Patrick Henry

General Property Description

Multi-Family Type: Apartments
Construction Status: Completed
Year Built: 1930
Present Use: Built-As
Number of Units: 8
# Unfurnished: 8
# Leased Units: 5
Gross Bldg SQFT: 6568
Total Acreage: 0.15
Basement Y/N: Yes
Parking Description: On Street
Operating Expense: 30409
Net Operating Income: 36851
Gross Income: 70800
Water Class: N/A

More Information

Property Features

Limited Service: Not Limited Service Construction: Brick Basement: Partial Heating: Radiator Gas Heat Cooling: Window Unit(s) Water Description: Public Sewer Description: Public Sewer Lease Type: One Year; Month To Month Owner Expenses: Gas; Management Fee; Water Tenant Expenses: Electricity

Listing Office: EDWIN C HALL ASSOCIATES INC

Last Updated: August - 31 - 2026

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