813 Ferdinand AVE SW, Roanoke, VA 24016 (MLS# 930666)

$675,000

813 Ferdinand AVE SW
Roanoke, VA 24016
MLS# 930666

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Property Description
8-UNIT MULTIFAMILY INVESTMENT OPPORTUNITY! Great opportunity to own a multi-family investment in Southwest Roanoke. Ideal location with the new Wasena Bridge near completion and close proximity to Downtown Roanoke and Roanoke Memorial Carilion. 8 apartment building with 5 units currently rented. Value-add opportunity. All 1 bedroom | 1 bathroom units. Coin operated washer and dryer. Preliminary financials with outstanding information needed.

Details

Contract Information

Current Price: $675,000

List Price: $675,000

List Date: 2026-08-24

Status: Active

General Property Description

Multi-Family Type: Apartments

Construction Status: Completed

Year Built: 1930

Present Use: Built-As

Number of Units: 8

# Unfurnished: 8

# Leased Units: 5

Gross Bldg SQFT: 6568

Total Acreage: 0.15

Basement Y/N: Yes

Parking Description: On Street

Operating Expense: 30409

Net Operating Income: 36851

Gross Income: 70800

Water Class: N/A

Location Legal Taxes

Area: 0130 - City of Roanoke - SW

Street Number: 813

Street Name: Ferdinand

Street Suffix: AVE

Street Direction Sfx: SW

State/Province: VA

Zip Code: 24016

Subdivision: Barnes

Municipality: City of Roanoke

Elementary School: Wasena

Middle School: James Madison

High School: Patrick Henry

Property Features

Limited Service: Not Limited Service

Construction: Brick

Basement: Partial

Heating: Radiator Gas Heat

Cooling: Window Unit(s)

Water Description: Public

Sewer Description: Public Sewer

Lease Type: One Year; Month To Month

Owner Expenses: Gas; Management Fee; Water

Tenant Expenses: Electricity

Listing Office: EDWIN C HALL ASSOCIATES INC

Last Updated: October - 14 - 2026

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