2 Beds

1 Bath

728 SqFt

Active

This charming 1940 Ranch-style residence presents a compelling investment opportunity, situated on a generous 1.3-acre lot. The property features a detached structure with two well-appointed bedrooms and a full bathroom, offering a solid foundation for rental income or future renovations. The partial basement provides additional storage or potential for expansion, enhancing the property's value. Constructed with durable aluminum siding, this home requires minimal maintenance, ensuring low overhead costs for investors. The expansive outdoor space allows for various possibilities, including landscaping enhancements or potential development, subject to local zoning regulations. With no pool and a straightforward layout, this property appeals to a broad rental market, ensuring consistent demand. The driveway parking accommodates multiple vehicles, adding convenience for tenants. This residence is not only a sound investment but also a canvas for future appreciation in a growing area. Seize this opportunity to diversify your portfolio with a property that promises both stability and potential returns.

Property Details
Price $89,000
Bedrooms 2
Full Baths 1
Total Baths 1
Property Style Ranch/Rambler
Lot Size Area Units Square Feet
Acres 1.3
Property Type Residential
Sub type SingleFamilyResidence
MLS Sub type Detached
Stories 1
Year Built 1940
Subdivision NONE AVAILABLE
Heating None
Foundation Wood
Accessibility None
Geographic Data
Directions Use GPS
County ROANOKE CITY
Latitude 37.3153
Longitude -79.93107
Address Information
Address 4408 LELA AVE NE, ROANOKE, VA 24019
Postal Code 24019
City ROANOKE
State VA
Country United States
Listing Information
Listing Office United Real Estate Premier
Listing Office Email teamunited@urepva.com
Listing Agent Jennifer Gombo
Internet Listing Display Days On Site Y N Y
Internet Listing Display Historical Prices Y N Y
Internet Listing Display Prices Y N Y
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Ownership Fee Simple
Terms Cash
School Information
District ROANOKE CITY PUBLIC SCHOOLS
Elementary School MONTEREY
Middle School JAMES BRECKINRIDGE
High School WILLIAM FLEMING
MLS Information
Days on market 1
MLS Status Active
Listing Date Oct 27, 2026
Listing Last Modified Oct 27, 2026
Tax ID 735-0113
Tax Year 2026
Tax Annual Amount 1193
MLS # VARA2000052

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