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0 Essex NW AVE Roanoke, VA 24017
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Key Details
Sold Price $8,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
Subdivision Melrose
MLS Listing ID 927487
Sold Date 07/28/26
HOA Y/N No
Annual Tax Amount $254
Acres 0.15
Property Sub-Type Land
Source Roanoke Valley Association of REALTORS®
Property Description
Zoned RM-1 and upcoming rule change allows Manufactured homes under specific guidelines. Priced well below tax assessment, this vacant building lot presents a strong investment opportunity with excellent potential for rental income or speculative development. The zoning allows flexibility for duplex, triplex, or other income-producing builds, making it ideal for contractors and builders looking to add value through new construction. Whether you're planning a spec home project or a long-term rental portfolio addition, this parcel offers a cost-effective entry point with solid upside in a growing market. A prime opportunity for those seeking to build, hold, or rent for consistent returns.
Location
State VA
County City Of Roanoke
Community Melrose
Area 0.15
Zoning R1
Direction Take Melrose to 21st to Right on Moorman. Lot is located between house number 2121 and 2115 Moorman Ave
Interior
Fireplace No
Exterior
View City
Garage No
Building
Lot Description Level
Sewer Public Sewer
Water Public
New Construction No
Schools
Elementary Schools Roanoke Academy Of Math And Science
Middle Schools Lucy Addison
High Schools Patrick Henry
Others
Tax ID 232-2904
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