3
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$8,750
Est. payment /mo
6,534 Sqft Lot
Active
0 Essex AVE NW Roanoke, VA 24017
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Key Details
Property Type Vacant Land
Sub Type Residential - Single Family
Listing Status Active
Purchase Type For Sale
Subdivision Melrose
MLS Listing ID 927487
Annual Tax Amount $254
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Residential - Single Family
Property Description
Zoned RM-1 and 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.
Location
State VA
County City Of Roanoke
Area 0140 - City Of Roanoke - Nw
Zoning R1
Exterior
View City
Building
Sewer Public Sewer
Water Public
Schools
Elementary Schools Roanoke Academy Of Math And Science
Middle Schools Lucy Addison
High Schools Patrick Henry
Others
Tax ID 232-2904
Listed by WAINWRIGHT & CO., REALTORS(r)
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