$1,795,000

4622 Grandin RD

Roanoke, VA 24018

38 days on market

Property Type

Residential Income

Year Built

1977

Lot Size

1.03 acres

Garage

—

About This Property

Nestled in Roanoke's desirable Southwest corridor, this 12-unit apartment building offers investors an attractive blend of stability and upside potential. The property has been well maintained and features all-brick Colonial architecture, manicured grounds and spacious two-bedroom apartments. Current rents are below market, creating immediate potential for income growth. Residents enjoy a peaceful, park-like setting in the Oak Grove area just minutes from Lewis Gale Medical Center, Tanglewood Mall, and Electric Rd. (U.S. 419) commercial corridor, making it a consistently sought-after rental location. " 12 total units - All 2BR apartments
" Classic brick exterior with colonial detailing
" Central boiler with gas backup heat
" Owner also pays water/sewer; tenants pay electric
" Ample off-street parking and landscaped surroundings
" Common-area stairwells and corridors
" Strong rental history with minimal vacancy
" Private pool (currently not in use, with potential for
reactivation or repurposing)

Property Details

Interior

Exterior & Lot

Lot Size: 1.03 acres
Year Built: 1977

Location

Subdivision: N/A
County: Roanoke County
ZIP Code: 24018

Financial

Listing Terms
Annual Taxes: $11,899

Utilities

Utilities
Sewer: Public Sewer

Schools

Elementary: Grandin Court
Middle School: Woodrow Wilson
High School: Patrick Henry

Interior Features

Heating

Forced Air Electric

Cooling

Central Air

Location

Listing Information

MLS #: 926553
Listing Agent: JASON NOEL FOUNTAIN
Listing Office: INVESTORS REAL ESTATE PARTNERS LLC
Listed Date: May 23, 2026

About This Property

Property Details

Interior

Exterior & Lot

Location

Financial

Utilities

Schools

Interior Features

Heating

Cooling

Location

Listing Information

Contact Megan Eberle About This Property

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