Virginia
Roanoke
2923 Melrose AVE

$224,500

2923 Melrose AVE, Roanoke, VA 24017

1,952 sqft

Duplex
Built in 1925
7,405sqft lot
2 car garage
$115/sqft
Listed 1 day ago

Property Description

This inviting bungalow duplex offers excellent rental potential with a spacious 2BR/1BA and a cozy 1BR/1BA. Perfect for an investor or owner-occupant, the property provided steady income and long-term value. Located a short walk from the new Melrose Plaza, featuring the Market on Melrose grocery store, Melrose library, Post Office and other neighborhood shops. Tenants will love the convenience and accessibility. With strong demand in this growing neighborhood, this duplex is a smart addition to any portfolio. Don't miss this chance to own a money-making property in this growing neighborhood with improving rent potential.

Listing Status:: Active
Date Added:: September 26, 2025 at 05:00AM
Listing Office:: LICHTENSTEIN ROWAN, REALTORS(r) : (540) 904-6888
MLS ID:: 921341

Basement: Full Basement

This listing courtesy of LICHTENSTEIN ROWAN, REALTORS(r)

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Westside Elementary School

1441 Westside Blvd NW, Roanoke, VA, 24017

Grades PK-5

1.06 miles away

Lucy Addison Aerospace Magnet Middle School

1220 5th St NW, Roanoke, VA, 24016

Grades 6-8

1.99 miles away

William Fleming High School

3649 Ferncliff Ave NW, Roanoke, VA, 24017

Grades 9-12

1.40 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.