1316 Chapman AVE SW, Roanoke, VA 24016 (MLS# 930138)

$380,000

1316 Chapman AVE SW
Roanoke, VA 24016
MLS# 930138

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B0A59D48-1038-4D1B-A234-721BB1C64A70 (1)

0C563636-1438-4178-821D-44248C1356B5 (1)

Property Description
TRI-PLEX! Just walking minutes from Grandin Village. The perfect investment opportunity to add a established rental to your portfolio. Perfect for Investors and owner occupants. This renovated investment property features a new Roof, HVAC(s), Furnace(s), Hot water heater(s)all just 2 years old! New main water line and gas line in 2026! and a ton of cosmetic upgrades as well. UNIT 1: 4 Bedrooms and 1 bathroom UNIT 2: 3 Bedrooms and 1 bathroom UNIT 3: 2 Bedrooms and 1 bathroom Every unit has it's own laundry. Owner pays for the water, the tenants pay for their own Electric, all units are separately metered. Come see it today!

Details

Maps

General Property Description

Multi-Family Type: Triplex

Construction Status: Completed

Total Acreage: 0.17

# Furnished: 0

# Unfurnished: 3

# Leased Units: 3

Gross Bldg SQFT: 3284

Basement Y/N: Yes

Water Class: N/A

Parking Description: On Street

# Vehicle Spaces: 6

Gross Income: 35100

Year Built: 1905

Number of Units: 3

Operating Expense: 1200

Net Operating Income: 30900

Location, Tax & Legal

Major Area: 01 - City of Roanoke

Phase: 12

Lot: 4

Block: 16

Tax ID: 122-0205

Annual Taxes: 1799.5

Section: 0

POA Y/N: No

Area: 0130 - City of Roanoke - SW

Street Number: 1316

Street Name: Chapman

Street Suffix: AVE

Street Direction Sfx: SW

State/Province: VA

Zip Code: 24016

Subdivision: N/A

Municipality: City of Roanoke

Elementary School: Hurt Park

Middle School: Woodrow Wilson

High School: Patrick Henry

Remarks & Misc

Directions: Memorial Ave to 13th St left on Chapman Ave house is on the left

Limited Service

Not Limited Service: 1

Construction

Brick: 1

Vinyl: 1

Basement

Dirt Floor: 1

Views

City: 1

Heating

Heat Pump Electric: 1

Heat Pump Gas: 1

Misc Features

Pet Allowed: 1

Wireless Internet: 1

Miscellaneous Info

Public Transport: Yes

Cooling

Heat Pump Electric: 1

Fireplace

Masonry: 1

Water Description

Public: 1

Sewer Description

Public Sewer: 1

Water Heater Type

Tank: 1

Water Heater Energy

Electric: 1

Amenities Common

Cable TV: 1

Lease Type

Two Year: 1

Month To Month: 1

Owner Expenses

Water: 1

Internet Access

Cur'nt Internet Prov: COX

Tenant Expenses

Air Conditioning: 1

Electricity: 1

Heating: 1

Contract Information

Current Price: $380,000

List Price: $380,000

List Date: 2026-08-05

Status: Active

Property Features

Limited Service: Not Limited Service

Construction: Brick; Vinyl

Basement: Dirt Floor

Heating: Heat Pump Electric; Heat Pump Gas

Cooling: Heat Pump Electric

Fireplace: Masonry

Water Description: Public

Sewer Description: Public Sewer

Water Heater Type: Tank

Water Heater Energy: Electric

Amenities Common: Cable TV

Lease Type: Two Year; Month To Month

Owner Expenses: Water

Misc Features: Pet Allowed; Wireless Internet

Tenant Expenses: Air Conditioning; Electricity; Heating

Listing Office: REAL BROKER LLC - DGA-SALEM

Last Updated: August - 05 - 2026

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