$2,244 Closing Credit¹
#914808, Listing office: PALMER REALTY GROUP LLC
$220,000 List price
1501 7th St SE Roanoke, VA 24013
$2,613
Closing credit¹
1,632 sqft
0.10 acres
$135 / sqft
Multi-Family
Property details
About 1501 7th St SE
This cash-flowing duplex, conveniently located in Southeast Roanoke, offers a promising investment opportunity. The upper unit comprises three bedrooms and one bathroom, with a current rental rate of $1,150. Meanwhile, the lower unit, featuring two bedrooms and one bathroom, was leased at $1,025.
Highlights
Home typeDuplex
HeatingForced Air
StatusActive
Size1,632 sqft
BasementYes
Lot size0.1 Acres
Year builtNew Const., 1928
ParkingStreet
MLS #914839
Summary
- Basement: Yes
- Parking: Street
- Heating: Forced Air
- Cooling: None
- List Price: $220,000
- Price/SqFt: $134
- Annual Tax Amount: $1,881
- Tax Year: 2024
- Directions: From 581, Elm(and Bullitt) to Right on 9th, Right on Morehead by the Cito go station, Right on 7th, House on Left.
- Year Built: 1928
- Living Area: 1,632 SqFt
- Lot Size: 0.1 Acres
- MLS Number: 914839
- Office Name: KELLER WILLIAMS REALTY ROANOKE
Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.
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Last updated on: 6/25/2025, 3:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$220,000
1501 7th St SE
$2,613
closing credit¹
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Seller rebate
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jan 18, 2023 | Home Sold | $120,000 |
| Dec 10, 2020 | Home Sold | $99,000 |
| Jan 26, 2016 | Home Sold | $24,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $132,300 | $1,881 |
| 2023 | $106,500 | $1,299 |
| 2022 | $100,800 | $1,229 |
| 2021 | $66,800 | $814 |
| 2020 | $62,700 | $989 |
| 2019 | $56,800 | $917 |
| 2018 | $56,800 | $917 |
| 2017 | $53,000 | $679 |
History based on county public records data.
Nearby schools
4
Morningside Elementary School
Public District PK-5
0.3 mi
•1716 Wilson St SE
3
Fallon Park Elementary School
Public District PK-5
1.2 mi
•502 19th St SE
6
Highland Park Elementary School
Public District PK-5
1.3 mi
•1212 5th St SW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,719. Residents of Roanoke, VA typically earn less than $<35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
62%
<35k
28%
35k-100k
9%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
46%
Single, No Kids
19%
Single, with Kids
17%
Married, No Kids
18%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
18%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
40%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
NHRA Drag Racing
Where do the neighbors shop?
Family Dollar
Burlington
Big Lots
Where do the neighbors go to eat?
White Castle
Church's Chicken
Golden Corral
What do the neighbors drive?
Chevrolet
Kia
Oldsmobile
What do the neighbors listen to?
Rock
Urban Adult Contemporary
Adult Standards
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1501 7th St SE
The listing price of 1501 7th St SE property is $220,000.
The property 1501 7th St SE is a multi located in Roanoke, Virginia, 24013.
Active Listing: 1501 7th St SE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1501 7th St SE are: Morningside Elementary School (GreatSchools Rating 4/10), Fallon Park Elementary School (GreatSchools Rating 3/10), Highland Park Elementary School (GreatSchools Rating 6/10), John P. Fishwick Middle School (GreatSchools Rating 3/10), Lucy Addison Middle School (GreatSchools Rating 2/10), James Madison Middle School (GreatSchools Rating 4/10), Patrick Henry High School (GreatSchools Rating 3/10), William Byrd High School (GreatSchools Rating 7/10), William Fleming High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $1,881 (source: MLS/based on county public records data).
The last sale was on January 18, 2023 for $120,000 (source: MLS/tax record).
The property 1501 7th St SE is 1,632 SqFt (source: MLS/tax record).
The year of construction for 1501 7th St SE is 1928.
This home is located at 1501 7th St SE in Roanoke, VA and zip code 24013 in the Morningside neighborhood. This 1,632 square foot home, which was built in 1928, sits on a 0.10 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 5, 2025 and is currently priced at $220,000.
While more than 76 listings in Roanoke, VA in May 2025 were sold above asking price, there were more than 55 listings sold at asking price, and more than 61 were sold below. Between April and May 2025, Roanoke, VA real estate market has seen increase in the number of listings by 28.1%. The median list price of listings available in May 2025 was $284,840, while the average time on the real estate market was 9 days.
From Rocket Homes Real Estate and based on county public records data.