Fully leased four-unit masonry building on Chapman Ave SW in Roanoke. Each unit has 2 bedrooms and 1 bathroom and rents for $1,200 per month, for $4,800 in monthly gross rent ($57,600 a year). All four units hold City of Roanoke Rental Certificates of Compliance valid through June 2029. 100% Occupied.
Secondary owner financing may be available to qualified buyers. The property can be bought on its own or as part of a portfolio with other properties. See MLS #931861
For sale
$450,000
1112 Chapman Ave SW, Roanoke, VA 24016
--beds
0baths
--sqft
Quadruplex
Built in 1915
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 2 days
- 175
- 18
Zillow last checked:
Listing updated:
Listed by:
JASON NOEL FOUNTAIN 540-444-4737,
INVESTORS REAL ESTATE PARTNERS LLC 540-444-4737,
PARKER REYNOLDS HOLDREN 540-874-4066,
INVESTORS REAL ESTATE PARTNERS LLC
Source: RVAR,MLS#: 931860
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Heat Pump Gas
Cooling
- Window Unit(s)
Property
Parking
- Total spaces: 37086
- Parking features: Carport
- Carport spaces: 17633
- Covered spaces: 37086
Lot
- Size: 6,098 Square Feet
Details
- Parcel number: 1222506
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Brick, Stucco
Condition
- Year built: 1915
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Roanoke
Financial & listing details
- Tax assessed value: $205,600
- Annual tax amount: $2,674
- Date on market: 9/30/2026
- Cumulative days on market: 5 days
Estimated market value
Not available
Estimated sales range
Not available
$1,381/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Listed for sale | $450,000+370.2% |
Source:  RVAR #931860 Report a problem | ||
| 7/10/2008 | Sold | $95,700 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,508 +11.7% | $205,600 +11.7% |
| 2024 | $2,246 +11.8% | $184,100 +11.8% |
| 2023 | $2,009 +22.2% | $164,700 +22.2% |
| 2022 | $1,645 +16.4% | $134,800 +16.4% |
| 2021 | $1,413 -13% | $115,800 |
| 2020 | $1,624 +18.8% | $115,800 +3.3% |
| 2019 | $1,368 -12.4% | $112,100 +4.9% |
| 2018 | $1,561 +19.1% | $106,900 +4.7% |
| 2017 | $1,310 +2.7% | $102,100 +2.8% |
| 2016 | $1,276 +8% | $99,300 |
| 2015 | $1,182 | $99,300 |
| 2014 | $1,182 | $99,300 |
| 2013 | -- | $99,300 |
| 2012 | -- | $99,300 |
| 2011 | -- | $99,300 |
| 2010 | -- | $99,300 |
| 2009 | -- | $99,300 +3.8% |
| 2008 | -- | $95,700 |
| 2007 | -- | $95,700 +18.1% |
| 2005 | -- | $81,000 +24.2% |
| 2004 | -- | $65,200 +15.4% |
| 2003 | -- | $56,500 +0.9% |
| 2002 | -- | $56,000 |
| 2001 | -- | $56,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Mountain View
Nearby schools
Schools provided by the listing agent
- Elementary: Wasena
- Middle: James Madison
- High: Patrick Henry
Source: RVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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