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1114 Lafayette Blvd NW, Roanoke, VA, 24017

--beds
--baths
1,864sqft
$174,950
$94price/sqft
$1,358/moest. monthly cost
$54,320/yrincome needed

About This Home

This turnkey investment property is a fantastic opportunity for house hacking or rental income! The well-maintained duplex features upgraded electrical wiring, freshly painted interiors and exteriors, and new architectural shingles on the main house, complemented by matching white shingles over the charming covered front porch. Both units offer laundry hookups, new vinyl tile, and luxury vinyl plank flooring, while blown-in insulation in the upstairs walls and attic ensures energy efficiency. Tenants will appreciate the level back lawn, basement storage, and off-street parking for four vehicles, as well as the property's prime location near a grocery store, pharmacy, restaurants, Valley View Mall, and a convenient bus line. Great for Owner occupant income to cover the payment. Can be converted back to a single family dwelling by reinstalling a doorway.

Getting Around

53
WalkingSomewhat Walkable
32
TransitSome Transit
41
BikeSomewhat Bikeable

Schools

2/10
1/10

Construction

Condition

  • Property condition: Completed
  • Year built: 1930

Materials

  • Construction materials: Other - See Remarks

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes

Features

  • Storage

Heating & Cooling

  • Heating features: Baseboard Electric,Forced Air Gas
  • Cooling features: None

Interior Area

  • Total structure area: 1,864
  • Total interior livable area: 1,864 sqft

Property

Details

  • Parcel number: 2430709

Lot

  • Lot size: 6,534 sqft
  • Lot size dimensions: 129 X 50

Parking

  • Total spaces: 4
  • Parking features: Private (1 - 9)

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Cold Wave
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $884$10,608
Home Insurance *$95$1,140
Property Taxes $177$2,124
Electricity $202$2,433
Total$1,358$16,296
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$46,560/yr
40% on housing$40,740/yr
45% on housing$36,213/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$94This listing

vs Other Active Listings

Avg $/sqft

ZIP 24017$96
Roanoke City$133

vs Homes Sold Last Month

Median $/sqft

ZIP 24017$114
Roanoke City$124

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-17Listed for sale$173,700
2026-08-15Listing removed$174,950
2026-06-25Listing removed$1,095
2026-05-26Listed for rent$1,095
2026-02-26Price change$174,950
2026-02-16Listed for sale$176,450
2026-02-11Listing removed$176,450
2025-12-05Price change$176,450
2025-08-11Listed for sale$176,700
2025-08-05Listing removed$176,700
2025-07-30Price change$176,700
2025-07-15Price change$176,950
2025-06-24Price change$177,200
2025-06-03Price change$177,450
2025-05-20Price change$177,700
2025-04-04Listed for sale$177,950
2025-04-03Listing removed$177,950
2025-01-25Listed for sale$177,950
2025-01-15Pending sale$177,950
2025-01-03Listed for sale$177,950
2024-12-17Listing removed$177,950
2024-11-19Price change$178,450
2024-08-14Price change$178,950
2024-07-02Listed for sale$179,950
2024-06-30Listing removed--

For Sale by Agent

AgentBRADLEY VICTOR THOMAS
BrokerageMOUNTAIN VIEW REAL ESTATE LLC

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