1021 Penmar Ave SE, Roanoke, VA, 24013
About This Home
Income producing property for sale in Roanoke, Va! Currently rented, this is a home that's has instant income upon purchase. Large backyard. Duplex with 2 bedroom 1 bath downstairs at $745 and the second unit is a 1 bedroom 1 bath at $855. Both leases renew 8/26. 24 hr notice required for showings.
Getting Around
Car-Dependent
Some Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Completed
- Year built: 1925
Materials
- Construction materials: Vinyl
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Heating & Cooling
- Heating features: Heat Pump Electric
- Cooling features: Heat Pump Electric
Interior Area
- Total structure area: 1,916
- Total interior livable area: 1,916 sqft
Property
Details
- Parcel number: 4140606
Lot
- Lot size: 6,098 sqft
Parking
- Parking features: Other - See Remarks
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
- Inland Flooding
- Lightning
- Strong Wind
- Cold Wave
- 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 | $905 | $10,860 |
| Home Insurance * | $113 | $1,356 |
| Property Taxes | $181 | $2,172 |
| Electricity | $202 | $2,433 |
| Total | $1,401 | $16,812 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-01 | Listed for sale | $189,000 |
| 2021-03-01 | Listing removed | -- |
| 2020-07-09 | Listing removed | $675 |
| 2020-06-01 | Listed for rent | $675 |
For Sale by Agent
View on Zillow