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$330,000
1111 1st ST SW
Roanoke, VA 24016
MLS# 932364

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Property Description
Charming historic duplex in Old SW with incredible income or office flexibility! This spacious two-story home offers the perfect house-hacking opportunity - live in one unit and rent out the upstairs to cover your mortgage. Thanks to the zoning you can also use this versatile building as an office space. Why you'll love this property: *Historic Character: Enjoy the timeless architectural features like classic pocket doors, cozy fireplaces, an inviting first-floor wrap around porch and a private second floor enclosed porch and deck. *Modern Upgrades: Move right in with total peace of mind thanks to fully updated kitchens and bathrooms, brand new central heating and air conditioning and new water heaters. *Expansion potential: A massive, open walk-up attic with built in closets stand ready to be converted into expansive new living area. Both apartments are generously sized, completely turn-key and ready for you, your tenant or your business. Informal parking space accessible from the alley next to garage

Details
Maps
General Property Description
Multi-Family Type: Duplex
Construction Status: Completed
Year Built: 1900
Present Use: Converted
Number of Units: 2
# Unfurnished: 2
Gross Bldg SQFT: 2318
Lot Dimensions: 50' x 141'
Total Acreage: 0.16
Basement Y/N: Yes
Parking Description: Other - See Remarks
Operating Expense: 3941
Net Operating Income: 3941
Gross Income: 30000
Water Class: N/A
Location, Tax & Legal
Area: 0130 - City of Roanoke - SW
Street Number: 1111
Street Name: 1st
Street Suffix: ST
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24016
Subdivision: Old Southwest
Municipality: City of Roanoke
Elementary School: Highland Park
Middle School: James Madison
High School: Patrick Henry
Miscellaneous Info
Public Transport: Yes
Contract Information
Current Price: $330,000
List Price: $330,000
List Date: 2026-10-14
Status: Active
Property Features
Construction: Wood
Basement: Full
Heating: Forced Air Gas
Cooling: Central Air
Fireplace: Masonry
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Natural Gas
Owner Expenses: Water
Interior Features: Ceiling Fan(s); Storage
Tenant Expenses: Electricity
Listing Office: REALSTAR, REALTORS® LLC

Last Updated: October - 14 - 2026

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