Investment Property for Sale in Roanoke, VA

Home for Sale in Roanoke, Virginia

Investment property available in Roanoke with immediate rental income in place. This 2-bedroom, 1-bathroom home is currently leased through 3/31/27 at $1,050 per month, offering a turnkey opportunity for investors.

The home features a dining room, a large open living area, high ceilings, and wood floors throughout. An additional room off one of the bedrooms provides flexibility for use as a third bedroom, office, or bonus space. A full, unfinished attic offers potential for future expansion, while a newer electrical panel adds value and peace of mind. The property also includes a fenced backyard. Please allow 24-hour notice for all showings due to tenant occupancy.

Directions: From 220 N, take Elm ave exit. R onto 9th st, L on Penmar Ave. Property marked by sign.

For more information about this property for sale, contact Realtor Danielle Dillon at (540) 597-7268 or email ddillonrealtor@gmail.com.

About Roanoke, VA

Nestled in the heart of the Roanoke Valley, Roanoke, Virginia offers a perfect blend of scenic mountain views, vibrant downtown living, and strong community appeal, making it an attractive destination for homebuyers and investors alike. Known for its proximity to the Blue Ridge Mountains, the area features a wide range of real estate opportunities including single-family homes, investment properties, historic homes, and land for sale. With affordable housing, growing job markets, and easy access to outdoor recreation, Roanoke continues to stand out in searches for homes for sale in Roanoke VA, Roanoke VA real estate, and investment property in Southwest Virginia.