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433 Albemarle Ave Sw, Roanoke, VA 24016

Roanoke
Local realty services provided by:CENTURY 21 Wampler Realty
433 Albemarle Ave Sw,Roanoke, VA 24016
$469,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: jason noel fountain, steven jude zegarski
Office: investors real estate partners llc.
MLS#:929212
Source:VA_RVAR

Price summary

  • Price:$469,000

About this home

Stabilized 6-unit multifamily with a 7.00% cap rate on current income and projected 8.00% at market rents. Current NOI of $33,421 grows to $37,522 with modest rent adjustments on a tenant-occupied, income-producing asset in Roanoke's established Old Southwest neighborhood. Mix of 1BR and 2BR units including garage apartments with strong tenant retention. Stabilized and tenant-occupied. Income producing from day one.

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Home facts

  • Year built:1913
  • Listing ID #:929212
  • Added:9 day(s) ago
  • Updated:July 11, 2026 at 06:33 PM

Heating and cooling

  • Heating:Forced Air Electric

Structure and exterior

  • Year built:1913
  • Lot area:0.15 Acres
  • Construction Materials:Wood

Schools

  • High school:Patrick Henry
  • Middle school:James Madison
  • Elementary school:Highland Park

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$469,000
  • Tax amount:$4,800

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