Virginia
Roanoke
1406 Melrose AVE

$229,950

1406 Melrose AVE, Roanoke, VA 24017

2,302 sqft

Duplex
Built in 1930
6,970sqft lot
—— car garage
$100/sqft
Listed 18 days ago

Property Description

Calling all investors or home hackers! Don't miss the chance to discover this unique duplex investment opportunity in the heart of Roanoke! This updated duplex features two spacious 2-bedroom 1 bath units with fantastic cash flow potential! Located in a convenient growing area, this is the perfect chance to secure strong rental income with minimal effort.This property is tenant occupied (month to month) and is ideal for any investor looking to add to their portfolio. This is a rare opportunity to generate immediate cash flow or live in one unit while offsetting your mortgage with rental income from the other. Whether you're a first-time investor or growing your portfolio, this duplex checks every box. Schedule your private showing today!

Listing Status:: Pending
Date Added:: June 24, 2025 at 05:00AM
Listing Office:: DIVINE FOG REALTY COMPANY LLC- ROANOKE : (540) 725-7777
MLS ID:: 918590

This listing courtesy of DIVINE FOG REALTY COMPANY LLC- ROANOKE

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Hurt Park Elementary School

1525 Salem Ave SW, Roanoke, VA, 24016

Grades PK-5

0.59 miles away

Lucy Addison Aerospace Magnet Middle School

1220 5th St NW, Roanoke, VA, 24016

Grades 6-8

0.72 miles away

Patrick Henry High School

2102 Grandin Rd SW, Roanoke, VA, 24015

Grades 9-12

2.32 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.