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For Sale

2001 Memorial Ave SW, Roanoke, VA for sale

2001 Memorial Ave SW,
Roanoke, VA 24015
Represented by
Poe & Cronk Real Estate Group

Asset Snapshot

Luxury
Multifamily Subtype
1925
Year Built
2025
Year Renovated
3
Floor Count
8
Parking Spots
0.12 Acres
Land Area
4 Units
Unit Count
1,930 SF
Property Size
50%
Occupancy

Offering Summary

Investment Overview

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."


Investment Highlights

  • Established Raleigh Court/Grandin-area location
  • Existing in-place income from two current tenants
  • Prominent corner positioning with strong neighborhood visibility
  • Minutes from Grandin Village, Franklin Road, and downtown Roanoke
  • Zoned CN
  • Convenient access to major southwest Roanoke corridors and the broader Roanoke market

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$480,000
Asking Price

Investment Sales Broker

Cooper Neblett
Poe & Cronk Real Estate Group

Market Insights