1195 Fairmont DR, Vinton, VA 24179 (MLS# 921563)

$349,500

1195 Fairmont DR
Vinton, VA 24179
MLS# 921563

1 / 5

Property Description
Excellent investment opportunity in a prime Vinton location, right outside of Roanoke! This duplex is in wonderful condition with each unit featuring 2 bedrooms and 1.5 bathrooms. Both units are wheelchair accessible with single-level living. Property provides steady rental income with two tenants currently paying $800/month but market could potentially support raising rent prices. Located just off 24 behind Carter Bank and Trust, this property is in a prime location near grocery stores, restaurants, banks, pharmacies, WE Cundiff Elementary, and William Byrd High School.

Details

Maps

General Property Description

Multi-Family Type: Duplex

Construction Status: Completed

Total Acreage: 0.21

# Furnished: 0

# Unfurnished: 2

# Leased Units: 2

Gross Bldg SQFT: 1792

Basement Y/N: No

Water Class: N/A

Parking Description: Private (1 - 9)

Gross Income: 18300

Year Built: 1996

Number of Units: 2

Operating Expense: 4125

Net Operating Income: 14174

Location, Tax & Legal

Major Area: 02 - Roanoke County

Phase: 0

Lot: 0

Block: 0

Tax ID: 061.13-04-25.01-0000

Annual Taxes: 2216.12

Section: 0

Zoning Code: R2

POA Y/N: No

Area: 0221 - Roanoke County - Town of Vinton

Street Number: 1195

Street Name: Fairmont

Street Suffix: DR

State/Province: VA

Zip Code: 24179

Subdivision: N/A

Municipality: Town of Vinton

Elementary School: W. E. Cundiff

Middle School: William Byrd

High School: William Byrd

Remarks & Misc

Directions: From 24, L on Bush Dr, R on Fairmont, last property on L before Preston.

Limited Service

Not Limited Service: 1

Construction

Aluminum: 1

Brick: 1

Vinyl: 1

Basement

Slab: 1

Heating

Heat Pump Electric: 1

Misc Features

Current Lease: 1

Handicap Access: 1

Cooling

Heat Pump Electric: 1

Water Description

Public: 1

Sewer Description

Public Sewer: 1

Lease Type

Month To Month: 1

Owner Expenses

Lawn Care: 1

Sewer: 1

Water: 1

Tenant Expenses

Cable TV: 1

Electricity: 1

Expenses

Maintenance Exp: 749

Tax Exp: 2216

Insurance Exp: 500

Water Exp: 659

Contract Information

Current Price: $349,500

List Price: $349,500

List Date: 2025-10-03

Status: Pending

Status Change Info

Ratified Contract Dt: 2026-01-13

Property Features

Limited Service: Not Limited Service

Construction: Aluminum; Brick; Vinyl

Basement: Slab

Heating: Heat Pump Electric

Cooling: Heat Pump Electric

Water Description: Public

Sewer Description: Public Sewer

Lease Type: Month To Month

Owner Expenses: Lawn Care; Water

Misc Features: Current Lease; Handicap Access

Tenant Expenses: Cable TV; Electricity

Listing Office: RE/MAX LAKEFRONT REALTY INC

Last Updated: January - 13 - 2026

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