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$680,000
1517 Lexington AVE SW
Roanoke, VA 24015
MLS# 923670

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Property Description
2 buildings 7 unit townhouse style brick apartment complex within walking distance to the desired Grandin area. Most of the units have been remodeled that feature 2 bedroom 1 bath. Baseboard heat with window AC units. Dumpster contract transfers with the sale of the property. Buyers and Buyers agent to satisfy themselves with the accuracy of the information provided. Most of the information was gathered from Roanoke GIS and management company.

Details
Maps
General Property Description
Multi-Family Type: Apartments
Construction Status: Completed
Year Built: 1969
Present Use: Built-As
Number of Units: 7
# Unfurnished: 7
# Leased Units: 5
Gross Bldg SQFT: 6368
Lot Dimensions: 100x225
Total Acreage: 0.36
Basement Y/N: No
Parking Description: Private (1 - 9)
# Vehicle Spaces: 8
Operating Expense: 20138
Net Operating Income: 62422
Gross Income: 82560
Water Class: N/A
Location, Tax & Legal
Area: 0130 - City of Roanoke - SW
Street Number: 1517
Street Name: Lexington
Street Suffix: AVE
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24015
Subdivision: N/A
Municipality: City of Roanoke
Elementary School: Virginia Heights
Middle School: Woodrow Wilson
High School: Patrick Henry
Miscellaneous Info
Public Transport: Yes
Paid Utilities: Water, Sewer, Trash
Expenses
Tax Exp: 8000
Water Exp: 3000
Contract Information
Current Price: $680,000
Sold Price: $680,000
List Date: 2026-01-02
Status: Closed
Status Change Info
Ratified Contract Dt: 2026-01-18
Sold Date: 2026-03-04
Sold Price: $680,000
Property Features
Limited Service: Not Limited Service
Construction: Brick; Cement Block
Basement: Crawl Space
Heating: Baseboard Electric
Cooling: Window Unit(s)
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Amenities Common: Cable TV
Lease Type: One Year
Owner Expenses: Trash Disposal; Water
Interior Features: Ceiling Fan(s)
Internet Access: Cable
Views: Mountain(s)
Tenant Expenses: Cable TV; Electricity
Slr Pd Fin Concessns: No
Listing Office: KEYSTONE REALTY OF ROANOKE LLC

Last Updated: March - 12 - 2026

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