4514 Grandin RD SW & 4516, Roanoke, VA 24018 (MLS# 921337)


$337,500
4514 Grandin RD SW & 4516
Roanoke, VA 24018
MLS# 921337



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Property Description
Situated in Roanoke's sought-after Deyerle neighborhood, 4514-4516 Grandin Road SW offers investors the chance to acquire a well-maintained, townhouse-style duplex with proven rental appeal. Built in 2002, the property spans approximately 2,436 square feet on a 0.28-acre lot and features separately metered units, each with in-unit laundry, dishwashers, private balconies, and durable low-maintenance exteriors. The property has a strong rental track record, with the owner covering lawn care and water/sewer while tenants pay all other utilities. Directly next door, 4510-4512 Grandin Road SW—also available from the same owner—mirrors the layout with a two-bedroom, two-bath design that combines efficient construction with dependable tenancy. With market rents estimated at $1,693 per month.

Details
Maps
General Property Description
Multi-Family Type: Duplex
Construction Status: Completed
Total Acreage: 0.29
Present Use: Built-As
# Furnished: 0
# Unfurnished: 2
# Leased Units: 2
Gross Bldg SQFT: 2436
Basement Y/N: No
Water Class: N/A
Parking Description: Private (1 - 9)
Gross Income: 30600
Year Built: 2002
Number of Units: 2
Operating Expense: 11230
Net Operating Income: 17570
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Unit #: & 4516
Phase: 2
Lot: 0
Block: 0
Tax ID: 509-0185
Annual Taxes: 3362
Section: 0
Zoning Code: R-12
POA Y/N: No
Area: 0130 - City of Roanoke - SW
Street Number: 4514
Street Name: Grandin
Street Suffix: RD
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24018
Subdivision: N/A
Municipality: City of Roanoke
Elementary School: Grandin Court
Middle School: Woodrow Wilson
High School: Patrick Henry
Remarks & Misc
Directions: 4514 Grandin Rd. SW
Limited Service
Not Limited Service: 1
Construction
Vinyl: 1
Basement
Slab: 1
Heating
Heat Pump Electric: 1
Cooling
Central Air: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Water Heater Type
Tank: 1
Water Heater Energy
Electric: 1
Lease Type
One Year: 1
Owner Expenses
Lawn Care: 1
Sewer: 1
Water: 1
Tenant Expenses
Electricity: 1
Contract Information
Current Price: $337,500
Sold Price: $337,500
List Date: 2025-09-24
Status: Closed
Status Change Info
Ratified Contract Dt: 2025-10-03
Sold Date: 2025-11-17
Sold Price: $337,500
Property Features
Limited Service: Not Limited Service
Construction: Vinyl
Basement: Slab
Heating: Heat Pump Electric
Cooling: Central Air
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Lease Type: One Year
Owner Expenses: Lawn Care; Water
Tenant Expenses: Electricity

Listing Office: VRC PROPERTIES LLC

Last Updated: November - 19 - 2025

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