$220,000

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

  • MLS Number: 914839
  • Office Name: KELLER WILLIAMS REALTY ROANOKE

IDXAlthough 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.

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 web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.

All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/15/2025, 3:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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traditional style home with covered porch

$220,000

1501 7th St SE

$2,613

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 18, 2023
Home Sold
$120,000
Dec 10, 2020
Home Sold
$99,000
Jan 26, 2016
Home Sold
$24,500

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $27,719. The majority of Roanoke, VA residents have income less than $<35k annually. Most families are single, no kids. The majority of residents in this area have high school diploma education.

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 BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • BurlingtonBurlington
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • White CastleWhite Castle
  • Church's ChickenChurch's Chicken
  • Golden CorralGolden Corral

What do the neighbors drive?

  • ChevroletChevrolet
  • KiaKia
  • OldsmobileOldsmobile

What do the neighbors listen to?

  • RockRock
  • Urban Adult ContemporaryUrban Adult Contemporary
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

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.

Roanoke, VA housing market in February 2025 saw over 25 listings sold above listed price, more than 24 sold at listed price and over 51 sold below. The inventory of homes for sale in Roanoke, VA between January and February 2025 increased by 23.7%.

From Rocket Homes Real Estate and based on county public records data.

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