Active

4622 Grandin Rd

Roanoke, VA 24018
Mark as Favorite
Bed --

Bed

Bath 0

Bath

SqFt12,192

Sqft

Acres1.03

Acres(Lot)

Nestled in Roanoke's desirable Southwest corridor, this 12-unit apartment building offers investors an attractive blend of stability and upside potential. The property has been well maintained and features all-brick Colonial architecture, manicured grounds and spacious two-bedroom apartments. Current rents are below market, creating immediate potential for income growth. Residents enjoy a peaceful, park-like setting in the Oak Grove area just minutes from Lewis Gale Medical Center, Tanglewood Mall, and Electric Rd. (U.S. 419) commercial corridor, making it a consistently sought-after rental location.

Detail Ic Property Details

Property Type : Residential Income

Price : $1,695,000

AD Id : 77108332

MLS Id : 926553

Lot Size : 1.03 Acres

Living Area Size : 12,192

Year Built : 1977

Garage : 87903

County : Roanoke City

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Heating & Cooling

    Has Heating: Yes Heating: Forced Air

  • Building Information

    Year Built: 1977 Construction Materials: Brick Private Pool: No

  • Lot Information

    Lot Size Acres: 1.03

    Property Information

    Subdivision: N/A Source Property Type: Residential Income Zoning Description: RM-2 Property SubType: Multi Family Property Age: 49

  • Listing Price Information

    Listing Price: $1695000 Original Price: $1795000

  • Tax Information

    Parcel Number: 509-0123 Tax Lot: 0 Tax Block: 0 Annual Tax: $11899

  • Parking Information

    Parking Total: 25

    Garage Information

    Has Garage: Yes Garage Space: 87903

  • School Information

    Elementary School: Grandin Court
    Junior High School: Woodrow Wilson
    Senior High School: Patrick Henry
  • Location Information

    Direction: 4622 Grandin RD SW, Roanoke, VA 24018
Sell a home like this and save $101,201 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1702 Elbert Dr # 1704, Roanoke, VA, 24018 $399,000 -- -- 3,168 3,168 SqFt

Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, noncommercial benefit. The unauthorized retrieval or use of this listing data is prohibited. All information is deemed reliable but not guaranteed, and should be independently verified. Copyright © 2026 Multiple Listing Service of The Roanoke Valley. All rights reserved.

ByOwner last updated this listing 06/08/2026 @ 13:24

MLS: 926553 LISTED BY: JASON FOUNTAIN, INVESTORS REAL ESTATE PARTNERS LLC 540-444-4737 SOURCE: Roanoke Valley Association of REALTORS

Selling? Save $101,201 when you sell a home like this

Tour with a ByOwner Agent