Good cash flow. Historic Old Southwest. Convenient to downtown and Carilion. Units remodeled and 100% rented. Owner anxious to sell. 8 efficiency and 4 one-bedroom apartments. Owner expenses include trash disposal and sewer.
*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
Permits
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
0.31 Acres
Year renovated
—
Sq. Ft.
7,324
Year built
1925
Style
Other
County
Roanoke City
APN
1031205
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 3, 2026.
MX
AIRPORT
H-2
Mixed Use District
The purpose of the MX District is to accommodate residential uses and low-intensity, small scale commercial uses. Dimensional regulations implement neighborhood design principles for urban neighborhoods by controlling building size and building placement. The regulations of the district are intended to protect the character and scale of such a mixed-use development pattern by permitting low-intensity development at a scale that recognizes and respects residential patterns of development.
Zone overlays
Historic Neighborhood Overlay District
Permitted uses
Include but are not limited to:
Community / recreation center
Bank
Day care facility
Housing
Bed & breakfast
Mixed use
Mixed use building
Office
Medical office
Communications tower
Jul 23, 2020 • Final
Commercial mechanical
Electrical
Gas
Remodel
Mar 13, 2020 • Final
Commercial repair remodel
Work on the King George apartments.
Remodel
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage and Parking Information
# of Parking (Total): 8
# of Covered Spaces: 49,443
Exterior
Building Information
Year Built: 1925
Property Information
PropertyType: MultiFamily
Lot Information
Lot Size Dimensions: 79,189
Zoning: 21
Financial
Tax Information
Tax Annual Amount: $3,571
Parcel Number: 1031205
Utilities
Heating & Cooling
Has Heating
Has Cooling
Heating: Radiator Gas Heat
Location
Multi-Unit Information
# of Units (Total): 12
Multi-Family Financial Information
Net Operating Income: $49,443
Operating Expense: $14,097
Maintenance Expense: $2,000
Gross Income: $63,540
Gross Scheduled Income: $63,540
Owner Pays: Water, Heating
School Information
Elementary School: Virginia Heights
Middle Or Junior School: James Madison
High School: Patrick Henry
Location Information
Directions: 581 to Franklin Road exit.
Public facts
Beds: —
Baths: —
Sq. Ft.: 7,324
Stories: 2.0
Lot Size: 0.31 acres
Style: Other
Year Built: 1925
Year Renovated: —
County: Roanoke City
APN: 1031205
Home facts updated by county records on Aug 3, 2026
Other
Listing Information
ListingId: 780987
ListPrice: $349,000
Around this home
Schools
Highland Park Elementary School
Public PreK-5 • Assigned • 0.3mi
8/10
James Madison Middle School
Public 6-8 • Assigned • 1.7mi
4/10
Patrick Henry High School
Public 9-12 • Assigned • 2.2mi
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
6/10 Heat Factor
8 days above 101° 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 • 24016
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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.
Provided by Shadowmap
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