121 Campbell AVE SW, Roanoke, VA 24011
$815,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
2,178
Status:
Closed
Current Price:
$815,000
List Date:
5/03/2022
Last Modified:
10/14/2025
Description
121 Campbell Ave., is a 6,769SF mixed-use building located in the heart of downtown Roanoke, VA. The building is recently renovated and is comprised of 5 individual units, 3 two-bedroom apartments, 1 retail unit and 1 ground-level commercial live/work suite.
The building includes an elevator and spacious outdoor decking at the residential apartments.
121 Campbell Ave offers the owner an opportunity to live/work and generate additional income from long- and short-term rentals. This is a great opportunity to own a property and take advantage of the high demand for apartments in downtown Roanoke.
More Information MLS# 883468
General Property Description
Lot Dimensions: 1 x 1
Multi-Family Type: Apartments
Construction Status: Completed
Total Acreage: 0.05
# Furnished: 0
# Unfurnished: 0
# Leased Units: 4
Gross Bldg SQFT: 6769
Basement Y/N: Yes
Water Class: N/A
Parking Description: Off Site
Gross Income: 56700
Year Built: 1920
Number of Units: 5
Operating Expense: 18000
Net Operating Income: 38700
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 0
Lot: 31
Block: 7
Tax ID: 1011023
Annual Taxes: 8500
Section: SW1
Zoning Code: D
POA Y/N: No
Area: 0110 - City of Roanoke - Downtown
Street Number: 121
Street Name: Campbell
Street Suffix: AVE
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24011
Subdivision: N/A
Municipality: City of Roanoke
Elementary School: Highland Park
Middle School: James Madison
High School: William Fleming
Remarks & Misc
Directions: Located in DT Roanoke between Campbell and 1st & Campbell and 2nd
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Basement
Partial: 1
Heating
Baseboard Electric: 1
Heat Pump Gas: 1
Cooling
Central Air: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Owner Expenses
Water: 1
Tenant Expenses
Electricity: 1
Gas: 1
Contract Information
Current Price: $815,000
Sold Price: $815,000
List Date: 2021-09-02
Status: Closed
Status Change Info
Ratified Contract Dt: 2022-05-06
Sold Date: 2022-07-01
Sold Price: $815,000
Property Features
Limited Service: Not Limited Service
Construction: Brick
Basement: Partial
Heating: Baseboard Electric; Heat Pump Gas
Cooling: Central Air
Water Description: Public
Sewer Description: Public Sewer
Owner Expenses: Water
Tenant Expenses: Electricity; Gas
Listing Office:
POE & CRONK REAL ESTATE GROUP
Last Updated: October - 14 - 2025
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