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1406 Melrose AVE NW

Roanoke, VA 24017

– beds
– baths
2,302 sqft
6,970 sqft lot
$99 per sqft
1930 build

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 courtesy of RVAR / ALYSHIA MERCHANT / DIVINE FOG REALTY COMPANY LLC- ROANOKE

Last checked: Checking… • Last updated Jun 30, 2025 •

MLS# 918590 —

The Building

Year Built:

1930
Construction:

Brick
Basement:

crawl space
Basement:

none
Unit Type:

37
2,302 Sqft

Finished Living Area
Unfinished SqFt:

2.00

Location

Directions:

Orange Avenue to Right on 14th Street to Right on Melrose.
Latitude:

37.283221
Longitude:

-79.960624

The Property

Property Type:

B
Lot Dimensions:

50 X 140
0.16

Acres Total:

Listing Agent

Contact info:

Taxes

Tax ID:

2222504
Annual Property Taxes:

$1,431

Heating & Cooling

Heating:

Heat Pump Electric
Cooling:

Heat Pump Electric

Utilities

Sewer Description:

Public Sewer
Water Description:

Public Water

Schools

Elementary School:

Roanoke Academy of Math and Science
Middle School:

Lucy Addison
High School:

Patrick Henry

The Community

Subdivision:

Melrose
Condo Association:

No

Parking

Uncovered # Spaces:

2.00
Covered Parking:

Private (1 - 9)

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Cox

Provided by BroadbandNow®

Sale history

Date	Event	Source	Price
6/29/25 Jun 29, 2025	Pending	RVAR	$229,950
6/25/25 Jun 25, 2025	Listed / Active	RVAR	$229,950
8/19/16 Aug 19, 2016	Listed / Active	RVAR

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This multifamily located in Melrose-Rugby, Roanoke, VA 24017 is currently pending sale for $229,950. 1406 Melrose AVE NW is a 2,302 square foot multifamily with – beds and – baths. 1406 Melrose AVE NW is in the Melrose-Rugby neighborhood of Roanoke and has a WalkScore® of 33, making it car-dependent. This multifamily is in the attendance area of Patrick Henry High School, Roanoke Academy For Math And Science, and Lucy Addison Middle School.

Listing Courtesy of: RVAR and DIVINE FOG REALTY COMPANY LLC- ROANOKE.

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