- For Sale $480,000
- Property Type Multi-Family
- Property Size 1,930 SF
- Units 4
- Lot Size 0.12 Acre
- Parking Spaces Avail. 8
- Year Built 1925
- Year Renovated 2025
- Date Updated Sep 24, 2026
Description
2001 Memorial Avenue SW offers a convenient, central Roanoke location near Raleigh Court and Grandin Village neighborhoods. Situated at the corner of Memorial Avenue and Amherst, the property provides strong neighborhood visibility and straightforward access to the surrounding community. The site is within walking distance from Grandin Village’s shops, restaurants, and the Grandin Theatre, while also offering a convenient connection to downtown Roanoke, and other major corridors.Presented for sale exclusively by Cooper Neblett of Poe & Cronk Real Estate Group -2001 Memorial Ave is an investment opportunity with value-add potential in the established Raleigh Court/Grandin area of southwest Roanoke. Situated at the corner of Memorial Avenue and Amherst Street. This property offers investors a well-positioned neighborhood asset with two existing tenants, providing immediate in-place income and a foundation for future upside.
The property’s prominent corner setting and desirable in-town location offer convenient access to Grandin Village, Franklin Road, downtown Roanoke, and the surrounding community. With current occupancy in place and potential to enhance the asset, improve income, and capitalize on continued demand for well-located properties in southwest Roanoke, the property presents a compelling opportunity for an investor seeking both stability and value-add potential. Property will be sold "as-is."
Highlights
- Convenient access to major southwest Roanoke corridors and the broader Roanoke market
- Established Raleigh Court/Grandin-area location
- Existing in-place income from two current tenants
- Minutes from Grandin Village, Franklin Road, and downtown Roanoke
- Prominent corner positioning with strong neighborhood visibility
- Zoned CN
False
Contacts
Cooper Neblett
Poe & Cronk Real Estate Group
Location
Contact Listing Broker
Cooper Neblett
Poe & Cronk Real Estate Group