For sale by owner
  • $200,000

    1328 Melrose Ave NW, Roanoke, VA 24017

    5beds
    2baths
    2,043sqft
    : 
    SingleFamily
    Built in 1925
    6,988 Square Feet Lot
    $165,000 Zestimate®
    $98/sqft
    $-- HOA

    What's special

    Modern comfortDetached garageFenced lotSpacious floor planPrivate yardUpdated brick two-story homeRefinished hardwood floors
    ?? FOR SALE – 1328 Melrose Ave NW, Roanoke VA 24017 ?? Turnkey 4BR | 2BA | 2,043 Sq Ft | $2,000/Month Rented Welcome to 1328 Melrose Ave NW — a beautifully updated brick two-story home offering over 2,000 square feet of living space, modern comfort, and reliable cash flow. This classic 1925 home features two brand-new central air and gas heating systems, dual-pane energy-efficient windows, and refinished hardwood floors throughout. The spacious floor plan includes 4 bedrooms, 2 full bathrooms, and a full basement for storage or expansion. Tenants currently pay $2,000 per month and are now in their second lease term, with a 100% on-time payment history — making this property a proven, income-producing investment from day one. The home sits on a 0.16-acre fenced lot with a detached garage, private yard, and off-street parking for up to three vehicles. It’s located close to downtown Roanoke, shopping, and major employers, providing easy access and long-term rental appeal. ? Property Highlights 4 Bedrooms | 2 Full Bathrooms 2,043 sq ft living space Built in 1925 | Brick two-story style Two new central air & gas heating systems Dual-pane replacement windows Refinished hardwood flooring Detached garage + off-street parking Full basement for storage or expansion Public water & sewer | RM-1 zoning Rented for $2,000/month (tenant pays all utilities and lawncare) On-time payment history, 2nd lease term
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