Sold
0 Essex Ave NW
Roanoke, VA 24017 · Melrose
Sold for $8,000
on Jul 28, 2026
- 0.15acres
Listed by Wainwright & Co., REALTORS®
About this land.
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.
Facts and features.
The land
- Type
- Land (Unimproved Lot)
Outside and lot
- View
- city
- Lot setting
- Level
- Zoning
- R1
Utilities
- Water source
- Public
Community
- Subdivision
- Melrose
- HOA dues
- None
- County
- City Of Roanoke County
The listing
- Annual tax
- $254 (from the listing)
- Source
- Roanoke Valley Association of REALTORS® MLS #927487
Price and status history.
42
days on market
91%
of the original asking price
| Date | Event | Price |
|---|---|---|
| Jul 28, 2026 | Sold | $8,000 |
| May 12, 2026 | Listed for sale | $8,750 |
Location.
0 Essex Ave NW, Roanoke, VA 24017
Listing information
Listing courtesy of Wainwright & Co., REALTORS®.
Displayed by GRAVITY Real Estate Group.
Information last updated .
Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed and should be independently verified. Listings are courtesy of the listing brokerage shown with each property.
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