Income-Producing Property for Sale in Roanoke, VA

Duplex for Sale in Roanoke, Virginia

Income-producing property for sale in Roanoke, VA! This currently rented duplex offers immediate cash flow upon purchase, featuring a spacious backyard and two units: a 2-bedroom, 1-bath unit renting for $745 and a 1-bedroom, 1-bath unit renting for $855. Both leases renew in August 2026. A 24-hour notice is required for all showings.

Directions: From 220 N, take Elm Ave exit. R on 9th st, L on Penmar Ave. Property on R marked by sign.

For more information about this property for sale, contact Realtor Danielle Dillon with United Country Real Estate Blue Ridge Land & Auction in Floyd, VA at (540) 597-7268 or email ddillonrealtor@gmail.com.

About Roanoke, VA

Nestled in the heart of the Roanoke Valley, Roanoke offers a perfect blend of scenic mountain beauty and vibrant city living, making it an increasingly desirable destination for homebuyers and investors. Surrounded by the Blue Ridge Mountains, the area features a strong housing market with opportunities ranging from historic homes and downtown condos to investment properties and country estates. With its growing economy, outdoor recreation, and affordable cost of living, Roanoke real estate continues to attract buyers searching for homes for sale in Roanoke VA, investment properties in Southwest Virginia, and mountain-view homes near the Blue Ridge Parkway.