1606 Wayne St NE, Roanoke, VA, 24012
About This Home
Great Investment Opportunity. Onsite Laundry Facility. 20 1 BR 1 BA units and 4 efficiency units. NEW: Onsite Property Manager effective 7/11/2025.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Completed
- Year built: 1971
Materials
- Construction materials: Wood
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Heating
- Heating features: Heat Pump Electric
Interior Area
- Total structure area: 13,903
- Total interior livable area: 13,903 sqft
Property
Details
- Parcel number: 3110111
Lot
- Lot size: 0.63 Acres
- Lot size dimensions: 170x134
Parking
- Parking features: Private (10 or More)
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
- Strong Wind
- Cold Wave
- Inland Flooding
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $8,341 | $100,092 |
| Home Insurance * | $746 | $8,952 |
| Property Taxes | $1,680 | $20,160 |
| Electricity | $1,339 | $16,069 |
| Total | $12,106 | $145,272 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-05 | Price change | $1,649,655 |
| 2026-01-05 | Price change | $1,683,322 |
| 2025-11-13 | Price change | $1,717,675 |
| 2025-10-09 | Listed for sale | $1,752,730 |
| 2025-10-05 | Pending sale | $1,752,730 |
| 2025-09-03 | Price change | $1,752,730 |
| 2025-08-08 | Price change | $1,788,500 |
| 2025-05-18 | Price change | $1,825,000 |
| 2025-04-11 | Price change | $1,862,000 |
| 2025-02-24 | Listed for sale | $1,900,000 |
| 2022-11-10 | Sold | $1,730,000 |
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