Rare Roanoke County multifamily property for sale. Situated on a quiet, residential street, this 12 unit brick building features a newer architectural shingle roof & all vinyl replacement windows. The property is located within the flood plain. 11x2BR/1 BA & 1x1BR/1 BA units + on site coin laundry. All units were equipped with new hw heaters & expansion tanks in 2015. Electric is metered separately. Central cooling with forced air electric heat. Water/Sewer paid by owner. Current rents average $595 per unit, presenting room for gradual increases while maintaining stable occupancy and predictable cash flows. With upside still available, this investment represents a turnkey opportunity to acquire an established multifamily property in a prime rental market location.
Multi-familyProperty Type
1971Year Built
1.12 acresLot Size
$67Price/Sq.Ft.
12 spacesParking
Listed by S CLAY TAYLOR• WALDVOGEL COMMERCIAL PROPERTIES
Listed by MATTHEW ZIMMERMAN• WALDVOGEL COMMERCIAL PROPERTIES
Bought with S CLAY TAYLOR• WALDVOGEL COMMERCIAL PROPERTIES
Bought with MATTHEW ZIMMERMAN• WALDVOGEL COMMERCIAL PROPERTIES
Source:MLSRV #847475
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Rare Roanoke County multifamily property for sale. Situated on a quiet, residential street, this 12 unit brick building features a newer architectural shingle roof & all vinyl replacement windows. The property is located within the flood plain. 11x2BR/1 BA & 1x1BR/1 BA units + on site coin laundry. All units were equipped with new hw heaters & expansion tanks in 2015. Electric is metered separately. Central cooling with forced air electric heat. Water/Sewer paid by owner. Current rents average $595 per unit, presenting room for gradual increases while maintaining stable occupancy and predictable cash flows. With upside still available, this investment represents a turnkey opportunity to acquire an established multifamily property in a prime rental market location.
Public Records
Apr 30, 2014
Sold
$725,000
$60/sq ft
MLSRV #734282
Dec 24, 2008
Listing Removed
—
Jul 12, 2008
Listed
$599,995
$49/sq ft
Public Records
Jan 1, 2003
Sold
$393,330
$32/sq ft
Public Records
Aug 1, 2000
Sold
$315,000
$26/sq ft
Public Records
Jan 1, 1996
Sold
$285,000
$23/sq ft
Public Records
Apr 1, 1990
Sold
$350,000
$29/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$8,594 (+3.3%)
$80,000 + $754,400
$834,400
2025
$8,317 (+3.1%)
$75,000 + $732,500
$807,500
2024
$8,065 (+6.6%)
$75,000 + $700,500
$775,500
2023
$7,568 (−0.6%)
$75,000 + $639,000
$714,000
2022
$7,617 (+1.2%)
$75,000 + $623,800
$698,800
2021
$7,524 (+1.2%)
$75,000 + $615,300
$690,300
2020
$7,432 (+3.6%)
$75,000 + $606,800
$681,800
2018
$7,172 (+2.8%)
$75,000 + $584,600
$659,600
2017
$6,977 (+5.7%)
$75,000 + $565,100
$640,100
2016
$6,603 (+6.4%)
$75,000 + $565,100
$640,100
2015
$6,207 (+16.6%)
$71,500 + $534,300
$605,800
2014
$5,324
$71,500 + $417,000
$488,500
Tax history for 6139 Darby Rd
Year
Property tax
Land + Additions
Assessment*
2026
$8,594 (+3.3%)
$80,000 + $754,400
$834,400
2025
$8,317 (+3.1%)
$75,000 + $732,500
$807,500
2024
$8,065 (+6.6%)
$75,000 + $700,500
$775,500
2023
$7,568 (−0.6%)
$75,000 + $639,000
$714,000
2022
$7,617 (+1.2%)
$75,000 + $623,800
$698,800
2021
$7,524 (+1.2%)
$75,000 + $615,300
$690,300
2020
$7,432 (+3.6%)
$75,000 + $606,800
$681,800
2018
$7,172 (+2.8%)
$75,000 + $584,600
$659,600
2017
$6,977 (+5.7%)
$75,000 + $565,100
$640,100
2016
$6,603 (+6.4%)
$75,000 + $565,100
$640,100
2015
$6,207 (+16.6%)
$71,500 + $534,300
$605,800
2014
$5,324
$71,500 + $417,000
$488,500
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R3
FLOODPLAIN
AIRPORT
Medium Density Multi-Family Residential District
The purpose of the R-3, medium density multi-family residential district is to provide areas in the county within the urban service area where existing middle-high density residential development (six to twelve units per acre) has been established and land areas which generally appear to be appropriate for such development. This district is intended to coincide with the development and transition land use categories contained in the comprehensive plan. They are designated based on access to major streets, sewer and water, and schools with suitable capacity to accommodate development at the stated density, and where parcel sizes allow for well-planned residential development. The areas designated in this district are also intended to serve as a buffer between less intensive residential areas and more intensive office, commercial and industrial areas and districts. A variety of housing densities and styles is encouraged in order to permit a diversity and flexibility in design and layout. Additional standards are established to provide for amenities in higher density developments.
Zone overlays
Permitted uses
Include but are not limited to:
Assembly/ meeting place
Community / recreation center
Housing-Single unit
Housing-Multiple units
Housing-Student
Infrastructure
Recreation
Communications tower
Park & open space
Property details
Interior
Heating & Cooling
Air Conditioning Type: Central
Heating Fuel Type: Electric
Heating Type: Forced Air
Fireplace Information
Has Fireplace
Exterior
Exterior Information
Floor Construction Type: Concrete
Foundation Type: Spread Footing
Exterior Wall: Brick
Roof Framing Type: Wood
Roof Shape Type: Gable
Property Information
Subdivision Name: CENTRAL PARK SEC 01
Living Sq. Ft: 12,150
Ground Floor Sq. Ft: 4,050
Building Sq. Ft: 12,150
# of Stories: 2.5
Stories Type: 2 1/2
Legal Description: LTS 1 2 & 7 BLK 1 SEC 1 CENTRAL PARK
Lot Information
# of Buildings: 1
Land Sq. Ft: 48,982
Legal Lot Number: 1
Legal Block Number: 1
Municipality Name: COUNTY
Acres: 1.1245
Zoning Code: R3
County Use Description: GARDEN APT
Financial
Assessor Information
Assessment Year: 2026
Public facts
Beds: —
Baths: —
Sq. Ft.: 12,150
Stories: 2.5
Lot Size: 1.12 acres
Style: Multi-Family (5+ Unit)
Year Built: 1971
Year Renovated: 1985
County: Roanoke County
APN: 038.06-06-11.00-0000
Home facts updated by county records on Sep 21, 2026
Around this home
Schools
Burlington Elementary School
Public PreK-5 • Assigned • 0.7mi
5/10
Northside Middle School
Public 6-8 • Assigned • 2.4mi
7/10
Northside High School
Public 9-12 • Assigned • 2.3mi
5/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
6/10 Flood Factor
Estimated 69-77% chance of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.31% chance of being in a wildfire in next 30 years
5/10 Heat Factor
7 days above 100° expected this year, 17 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Roanoke, VA • 24012
Average low and high temperatures (°F)
43
26
50
32
67
42
75
51
76
56
87
65
89
71
81
64
80
59
71
48
61
42
47
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.7 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.