Attention Investors. .Duplex located convenient to Downtown. Up and Down Duplex, lower unit is vacant. Renters pay all utilities, Siding and Roof replaced and Heatpumps in 2006. Nice Decks on lower and upper unit. Nestled near the end of the road on a serene gentle lot. Lower Unit-Dishwasher replaced in 2025,Upper Unit Dishwasher 2019, 2025 bath light and cabinet replaced Seller pays Taxes 2230.00 and insurance. Upper unit rent $985 monthly, washer and dryer in upper unit, dryer in lower unit. All Appliances sold as is. 10% management fee by Lawson Realty. If both units leased it was bringing in $23,640 - 10% management fee -taxes and insurance
Multi-familyProperty Type
1987Year Built
6,969 sq ftLot Size
2 spacesParking
Listed by GLENDA MCDANIEL• LONG & FOSTER - SMITH MTN LAKE
Listed by STEVEN MCDANIEL• LONG & FOSTER - SMITH MTN LAKE
Bought with GLENDA MCDANIEL• LONG & FOSTER - SMITH MTN LAKE
Bought with STEVEN MCDANIEL• LONG & FOSTER - SMITH MTN LAKE
IN LAST 2 YRS: NEW SIDING, ARCHITCH. ROOF, NEW HEAT PUMPS, NEW DECKS, ALL NEW APPLIANCES IN UPPER UNIT, & NEW RANGE IN LOWER UNIT, NEW CARPET, PAINT. LIKE BRAND NEW UNITS. ALL UTILITIES ARE SEPARATE. UNIT ON R.
MLSRV #719852
Aug 6, 2007
Listing Removed
—
Jul 8, 2007
Listed
$129,950
Year
Property tax
Land + Additions
Assessment*
2025
$2,314 (+3.8%)
$32,400 + $133,700
$166,100
2024
$2,230 (+14.0%)
$25,900 + $133,700
$159,600
2023
$1,957 (+4.4%)
$16,300 + $121,500
$137,800
2022
$1,876 (+4.7%)
$16,300 + $121,500
$137,800
2021
$1,791 (+3.1%)
$12,600 + $119,100
$131,700
2020
$1,738 (+1.6%)
$12,000 + $113,400
$125,400
2019
$1,711 (+1.6%)
$12,000 + $111,200
$123,200
2018
$1,685 (+12.9%)
$9,800 + $111,200
$121,000
2017
$1,493 (−4.1%)
$9,800 + $109,000
$118,800
2016
$1,556 (+4.4%)
$9,800 + $114,200
$124,000
2014
$1,490
$9,900 + $114,100
$124,000
Tax history for 1028 Ray Rd SE
Year
Property tax
Land + Additions
Assessment*
2025
$2,314 (+3.8%)
$32,400 + $133,700
$166,100
2024
$2,230 (+14.0%)
$25,900 + $133,700
$159,600
2023
$1,957 (+4.4%)
$16,300 + $121,500
$137,800
2022
$1,876 (+4.7%)
$16,300 + $121,500
$137,800
2021
$1,791 (+3.1%)
$12,600 + $119,100
$131,700
2020
$1,738 (+1.6%)
$12,000 + $113,400
$125,400
2019
$1,711 (+1.6%)
$12,000 + $111,200
$123,200
2018
$1,685 (+12.9%)
$9,800 + $111,200
$121,000
2017
$1,493 (−4.1%)
$9,800 + $109,000
$118,800
2016
$1,556 (+4.4%)
$9,800 + $114,200
$124,000
2014
$1,490
$9,900 + $114,100
$124,000
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
4
Baths
2
Stories
2
Lot width
—
Lot depth
—
Lot size
6,740 Sq. Ft.
Year renovated
—
Sq. Ft.
1,680
Year built
1987
Style
Other
County
Roanoke City
APN
4290111
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 3, 2026.
R-5
FLOODPLAIN
AIRPORT
Residential District
The purposes of the R-5 districts are to provide a range of housing options and to provide opportunities for compatible home-based entrepreneurship. Dimensional and supplemental regulations implement standards that control building form building placement and other characteristics of development. These districts cover the majority of the City's land area and contain most of Roanoke's housing supply
Zone overlays
Permitted uses
Include but are not limited to:
Garden center
Housing
Infrastructure
Communications tower
Property details
Parking
Garage and Parking Information
# of Parking (Total): 2
# of Covered Spaces: 18,266
Exterior
Building Information
Year Built: 1987
Property Information
PropertyType: MultiFamily
Property Sub Type: Duplex
Lot Information
Lot Size Area: 0.16
Lot Size Acres: 0.16
Lot Size Square Feet: 6,969.6
Lot Size Units: Acres
Zoning: 5
Financial
Tax Information
Tax Annual Amount: $2,230
Parcel Number: 429-0111
Utilities
Heating & Cooling
Has Heating
Heating: Heat Pump
Location
Multi-Unit Information
# of Units (Total): 2
Multi-Family Financial Information
Net Operating Income: $18,266
Professional Management Expense: $2,364
Operating Expense: $5,374
Gross Income: $23,640
Gross Scheduled Income: $23,640
School Information
Elementary School: Garden City
Middle Or Junior School: John P. Fishwick
High School: Patrick Henry
Location Information
Directions: GARDEN CITY BLVD. TO RIGHT ON RAY RD. TO DUPLEX ON RIGHT near end of road 1028 and 1030.1030 can be shown, appointment to show 1028.
Public facts
Beds: 4
Baths: 2.0
Sq. Ft.: 1,680
Stories: 2.0
Lot Size: 6,740 square feet
Style: Other
Year Built: 1987
Year Renovated: —
County: Roanoke City
APN: 4290111
Home facts updated by county records on Aug 3, 2026
Other
Listing Information
ListingId: 916581
ListPrice: $239,900
Around this home
Schools
Garden City Elementary School
Public PreK-5 • Assigned • 0.4mi
3/10
Stonewall Jackson Middle School
Public 6-8 • Assigned • 2.3mi
2/10
Patrick Henry High School
Public 9-12 • Assigned • 3.3mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 99° expected this year, 20 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Roanoke, VA • 24014
Average low and high temperatures (°F)
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71
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31
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
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Estimated sale price
$247,000 – $298,000
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