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$140,000   Price Analysis
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712 Madison Ave NW
Roanoke, VA 24016
Unknown bed None bath 1,536 SqFt ($91/SqFt)
5,663SqFt lot. Built 1925
Listed 2024-04-26, Taxes $902
Ⓧ USDA Ineligible
due to location

near Roanoke

Attention Inves tors

Here's your chance to own an income producing property with Low rents. There's lts of Room to renovate and bring rental rates to current market prices.

You have the opportunity for immediate equity. Don't wait this duplex wont last long at this sales price


Presented by Brandon Bayse at
RE MAX All Stars.


Property MLS #907034 from Roanoke

Cooling Features: Window A/C
Heating Features: Baseboard Electric

Basement Description: Dirt - Full

Garage Spaces: 19
Garage Description: Private (1 - 9)

Lot Size Acres: 0.13
Lot Size Square Feet: 5663

View: City, Sunrise, Sunset

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Lincoln Terrace
High School: William Fleming
Middle School: Lucy Addison

Addison Aerospace Magnet Middle School is a public middle school located approximately 0.3 miles away.
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Lincoln Terrace Elementary School is a public elementary school located approximately 0.6 miles away.
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Patrick Henry High School is a public high school located approximately 2.5 miles away.
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Roanoke Catholic School is a private elementary, middle and high school located approximately 0.7 miles away.
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Cable TV

Existing Lease Type: Month-to-Month
Number of Units Leased: 2
Tenant Pays: Cable TV, Electricity

Number of Units: 2

Annual Tax Amount: 1525.00
Source Listing Status: Active
County: City of Roanoke
Current Use: Converted
Directions: Orange Ave toward Salem turn left on 5th St turn right on Madison Ave turn right on 7th then left on Madison , Duplex on left.
Source Property Type: MultiFamily
Inclusions: 1.00
Area: 0140 - City of Roanoke - NW
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$47,500 + $5,500
$53,000
$902
2021$41,300 + $3,700
$45,000
$799
2020$39,700 + $3,700
$43,400
$657
2019$31,000 + $3,700
$34,700
$551
2018$27,200 + $3,000
$30,200
$496
2017$27,200 + $3,000
$30,200
$400
2016$27,200 + $3,000
$30,200
$400
2015$27,200 + $3,000
$30,200
$390
2014$27,200 + $3,000
$30,200
$370
2013$28,600 + $3,000
$31,600
$376
2012$28,600 + $3,000
$31,600
$376
2011$30,700 + $3,000
$33,700
$401
2010$30,700 + $3,000
$33,700
$401
2009$30,700 + $3,000
$33,700
$401
2008$30,700 + $3,000
$33,700
$401

Listed 2024-04-26
$140,000
Roanoke
Listing removed 2017-04-20
$79,800
Roanoke
Relisted 2016-10-19
$79,800
Roanoke
Listing removed 2016-09-26
$79,800
Roanoke
Listed 2016-04-01
$79,800
Roanoke
Sold 2014-06-11
$27,000
Public Record

Net Operating Income: 1.00

Total Square Feet Living: 1536
Year Built: 1925
Construction Materials: Fiber Cement
Property Age: 99
Property Condition: Completed
Structure Type: Duplex

Sewer: Public Sewer
Water Source: Public Water

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.