1316 Chapman AVE SW, Roanoke, VA 24016 (MLS# 930138)


$380,000
1316 Chapman AVE SW
Roanoke, VA 24016
MLS# 930138



Primary Photo
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Property Description
TRI-PLEX! Just walking minutes from Grandin Village. The perfect investment opportunity to add a established rental to your portfolio. Perfect for Investors and owner occupants. This renovated investment property features a new Roof, HVAC(s), Furnace(s), Hot water heater(s)all just 2 years old! New main water line and gas line in 2026! and a ton of cosmetic upgrades as well. UNIT 1: 4 Bedrooms and 1 bathroom UNIT 2: 3 Bedrooms and 1 bathroom UNIT 3: 2 Bedrooms and 1 bathroom Every unit has it's own laundry. Owner pays for the water, the tenants pay for their own Electric, all units are separately metered. Come see it today!

Details
Maps
General Property Description
Multi-Family Type: Triplex
Construction Status: Completed
Total Acreage: 0.17
# Furnished: 0
# Unfurnished: 3
# Leased Units: 3
Gross Bldg SQFT: 3284
Basement Y/N: Yes
Water Class: N/A
Parking Description: On Street
# Vehicle Spaces: 6
Gross Income: 35100
Year Built: 1905
Number of Units: 3
Operating Expense: 1200
Net Operating Income: 30900
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 12
Lot: 4
Block: 16
Tax ID: 122-0205
Annual Taxes: 1799.5
Section: 0
POA Y/N: No
Area: 0130 - City of Roanoke - SW
Street Number: 1316
Street Name: Chapman
Street Suffix: AVE
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24016
Subdivision: N/A
Municipality: City of Roanoke
Elementary School: Hurt Park
Middle School: Woodrow Wilson
High School: Patrick Henry
Remarks & Misc
Directions: Memorial Ave to 13th St left on Chapman Ave house is on the left
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Vinyl: 1
Basement
Dirt Floor: 1
Views
City: 1
Heating
Heat Pump Electric: 1
Heat Pump Gas: 1
Misc Features
Pet Allowed: 1
Wireless Internet: 1
Miscellaneous Info
Public Transport: Yes
Cooling
Heat Pump Electric: 1
Fireplace
Masonry: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Water Heater Type
Tank: 1
Water Heater Energy
Electric: 1
Amenities Common
Cable TV: 1
Lease Type
Two Year: 1
Month To Month: 1
Owner Expenses
Water: 1
Internet Access
Cur'nt Internet Prov: COX
Tenant Expenses
Air Conditioning: 1
Electricity: 1
Heating: 1
Contract Information
Current Price: $380,000
List Price: $380,000
List Date: 2026-08-05
Status: Active
Property Features
Limited Service: Not Limited Service
Construction: Brick; Vinyl
Basement: Dirt Floor
Heating: Heat Pump Electric; Heat Pump Gas
Cooling: Heat Pump Electric
Fireplace: Masonry
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Amenities Common: Cable TV
Lease Type: Two Year; Month To Month
Owner Expenses: Water
Misc Features: Pet Allowed; Wireless Internet
Tenant Expenses: Air Conditioning; Electricity; Heating

Listing Office: REAL BROKER LLC - DGA-SALEM

Last Updated: August - 05 - 2026

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