123 Kirk AVE SW, Roanoke, VA 24011
$994,500
Property Type:
MultiFamily
Status:
Closed
Current Price:
$994,500
List Date:
10/27/2020
Last Modified:
10/14/2025
Description
The Raleigh is a 3 level multi-tenant property with 5 separately metered condominiums located in the center of downtown Roanoke. The location offers the convenience of great walkability, shopping, close proximity to work/school, and nearby parking. The property features 4 residential units and 1 commercial unit on the ground level facing Kirk Avenue. The Raleigh was developed and occupied by a family and is being offered for the first time for sale as a whole.
More Information MLS# 874613
General Property Description
Lot Dimensions: 1x1
Multi-Family Type: Apartments
Construction Status: Completed
# Furnished: 0
# Unfurnished: 4
# Leased Units: 1
Gross Bldg SQFT: 5243
Basement Y/N: No
Water Class: N/A
Parking Description: On Street
Gross Income: 10800
Year Built: 1910
Number of Units: 5
Operating Expense: 1
Net Operating Income: 1
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 1
Lot: 0
Block: 0
Tax ID: 1011521
Annual Taxes: 2700
Section: 0
Zoning Code: D
POA Y/N: No
Area: 0110 - City of Roanoke - Downtown
Street Number: 123
Street Name: Kirk
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 on Kirk Avenue between 1st and 2nd Street in downtown Roanoke.
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Basement
Slab: 1
Heating
Gas – Natural: 1
Heat Pump Electric: 1
Cooling
Central Air: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Owner Expenses
Management Fee: 1
Sewer: 1
Water: 1
Tenant Expenses
Electricity: 1
Gas: 1
Contract Information
Current Price: $994,500
Sold Price: $994,500
List Date: 2020-10-27
Status: Closed
Status Change Info
Ratified Contract Dt: 2021-01-27
Sold Date: 2021-03-01
Sold Price: $994,500
Property Features
Limited Service: Not Limited Service
Construction: Brick
Basement: Slab
Heating: Gas – Natural; Heat Pump Electric
Cooling: Central Air
Water Description: Public
Sewer Description: Public Sewer
Owner Expenses: Management Fee; Water
Tenant Expenses: Electricity; Gas
Listing Office:
POE & CRONK REAL ESTATE GROUP
Last Updated: October - 14 - 2025
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