1406 Melrose AVE
$229,950
1406 Melrose AVE
Roanoke, VA 24017
6 days on market
Property Type
Residential Income
Year Built
1930
Lot Size
0.16 acres
Garage

About This Property

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!

Property Details

Interior

Exterior & Lot

Lot Size
0.16 acres
Year Built
1930

Location

Subdivision
Melrose
County
City of Roanoke
ZIP Code
24017

Financial

Listing Terms
Annual Taxes
$1,431

Utilities

Utilities
Sewer
Public Sewer

Schools

Elementary
Roanoke Academy of Math and Science
Middle School
Lucy Addison
High School
Patrick Henry

Interior Features

Heating

Heat Pump Electric

Cooling

Heat Pump Electric

Location

Listing Information

MLS #
918590
Listing Agent
ALYSHIA MERCHANT
Listing Office
DIVINE FOG REALTY COMPANY LLC- ROANOKE
Listed Date
May 23, 2026
Florenchine Velasquez
Florenchine Velasquez
Realtor®, Sales Associate

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