4622 Grandin Rd SW

$1,795,000
Price
2
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Nestled in Roanoke's desirable Southwest corridor, this 12-unit apartment building offers investors an attractive blend of stability and upside potential. The property has been well maintained and features all-brick Colonial architecture, manicured grounds and spacious two-bedroom apartments. Current rents are below market, creating immediate potential for income growth. Residents enjoy a peaceful, park-like setting in the Oak Grove area just minutes from Lewis Gale Medical Center, Tanglewood Mall,...Nestled in Roanoke's desirable Southwest corridor, this 12-unit apartment building offers investors an attractive blend of stability and upside potential. The property has been well maintained and features all-brick Colonial architecture, manicured grounds and spacious two-bedroom apartments. Current rents are below market, creating immediate potential for income growth. Residents enjoy a peaceful, park-like setting in the Oak Grove area just minutes from Lewis Gale Medical Center, Tanglewood Mall, and Electric Rd. (u. S. 419) commercial corridor, making it a consistently sought-after rental location.
  1. Listed by JASON FOUNTAIN • VRC PROPERTIES LLC
  2. Listed by STEVE ZEGARSKI • VRC PROPERTIES LLC

Property Details for 4622 Grandin Road Southwest

Zoning
RM-2
Subdivision Name
N/A
Covered Spaces
87903.0
Parking Total
25.0
LISTING UPDATED: 12/08/2025 01:44 PM

Property Details for 4622 Grandin Road Southwest

StatusActive
MLS #922369
Days on Market55
Taxes$11,899 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiFamily / Apartment
Year Built1977
CountyRoanoke Independent City

Location

Listing Courtesy of VRC PROPERTIES LLC, JASON FOUNTAIN; VRC PROPERTIES LLC, STEVE ZEGARSKI
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Building Information for 4622 Grandin Road Southwest

Building/Complex4622 Grandin Rd SwFloor-Stories-Residences12Pet Policy-Pet Policy Details-Year Built1977Building Size-

Payment Calculator

$9,861 per month

30 year fixed, 6.28% Interest

Principal and Interest

$8,870

Property Taxes

$992

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 4622 Grandin Road Southwest

Summary
Location and General Information
  • Directions: 4622 Grandin RD SW, Roanoke, VA 24018
  • MLS Area Major: 0130 - City of Roanoke - SW
  • City: Roanoke
  • State Or Province: VA
  • Postal Code: 24018
  • County Or Parish: City of Roanoke
  • MLS Area Minor: 0130 - City of Roanoke - SW
  • General Property Description - Water Class: N/A
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 5090123
  • Tax Block: 0
  • Tax Lot: 0
  • Tax Tract Or Section: 0
  • Tax Amount: $11,899
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $11,899
  • Location Legal Taxes - Section: 0
  • Location Legal Taxes - POA YN: No
School Information
  • Elementary School: Grandin Court
  • Middle Or Junior School: Woodrow Wilson
  • High School: Patrick Henry
Parking
  • Attached Garage: No
  • General Property Description - Parking Description: Private (10 or More)
Property
Lot Information
  • Lot Size Acres: 1.03
  • Lot Size Area: 1.03
  • Lot Size Dimensions: 205x218
  • Lot Size Units: Acres
  • Lot Size Square Feet: 44866.8
  • General Property Description - Total Acreage: 1.03
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: MultiFamily
  • Year Built: 1977
  • Property Sub Type: Apartment
  • Property Type Label: MultiFamily
  • General Property Description - Construction Status: Completed
  • General Property Description - Present Use: Built-As
Utilities
  • Sewer: True
  • Water Description - Public Water: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Brick
Interior Features
  • Cooling: Central Air
  • Heating: Forced Air Electric
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Cooling: Yes
  • Heating: Yes
  • General Property Description - Basement: No
  • General Property Description - # Furnished: 0.0
  • General Property Description - # Unfurnished: 12.0
Multi Family
Multi-Family Information
  • Number Of Units Total: 12
  • General Property Description - # Leased Units: 12
Income & Expenses
  • Gross Scheduled Income: $143,700
  • Operating Expense: $48,612
  • General Property Description - Gross Income: $143,700
  • Gross Income: $143,700
  • Net Operating Income: $87,903
Unit 1
  • Unit Number: Type 1
  • Units Total: 12
  • Beds Total: 2
Rental
Rental Information
  • Tenant Expenses - Electricity: Yes

Property History for 4622 Grandin Road Southwest

DateEvent & SourcePriceAppreciation
Oct 31, 2025

Listed (Active)

Roanoke Valley Association of REALTORS #922369

$1,795,000
Apr 30, 2021

Sold (Public Record)

Public Record #1459133171

$1,150,000

+195.2% / yr

Jan 12, 2021

Sold (Public Record)

Public Record #687841642

$835,000
DateEvent & SourcePrice
10/31/2025

Listed (Active)

Roanoke Valley Association of REALTORS #922369

$1,795,000
04/30/2021

Sold (Public Record)

Public Record #1459133171

$1,150,000

+195.2% / yr

01/12/2021

Sold (Public Record)

Public Record #687841642

$835,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 4622 Grandin Road Southwest

Taxable ValueLand$84,100Additions$1,121,800Total$1,205,900
Tax Record2025$15,460 ($1,288 / month)
Home Facts
Total Finished SqFt12,192 SqFtAbove Grade Finished SqFt12,192 SqFtStories3Lot Size44,653 SqFtStyleMulti-Family Dwelling (2-4)Year Built1977ZoningRM-2CountyROANOKE CITYAPN509-0123

Schools near 4622 Grandin Road Southwest

This home is within Roanoke City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Grandin Court Elementary School
PublicPK to 5

Woodrow Wilson Middle School
Public6 to 8

Patrick Henry High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

4622 Grandin Road Southwest is a multi-family home for sale in Roanoke, VA 24018. This property was listed for sale on October 31, 2025 by VRC PROPERTIES LLC, it's currently listed at $1,795,000. It has been on the market for a total of 55 days and was last sold on April 30, 2021. This listing's school district is Roanoke City Public Schools. Nearby schools include Grandin Court Elementary School, Woodrow Wilson Middle School and Patrick Henry High School. 4622 Grandin Road Southwest is a 2-bed, 0-bath, multi-family home built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of VRC PROPERTIES LLC, JASON FOUNTAIN; VRC PROPERTIES LLC, STEVE ZEGARSKI

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.