Townhouse Investment Properties for Sale in Roanoke, VA
177- 2 Bed
- 4 Bath
- 1843 sft
543- 3 Bed
- 3 Bath
- 1782 sft
382- 3 Bed
- 3 Bath
- 1598 sft
350- 3 Bed
- 4 Bath
- 1618 sft
Why Invest in Roanoke, Virginia?
Roanoke, VA townhouses offer investors a compelling entry into a market with steady appreciation and solid rental demand. The area's median home prices hover around $250,000-$270,000, supporting cap rates near 6-7% and rental yields of 5-6%. With recent price growth of 3-7% annually and a balanced sale-to-list ratio of 1.000, townhouses provide reliable cash flow. Low vacancy and increasing transactions (850 homes sold in Sep 2025) signal strong investor potential. Economic stability and affordability make Roanoke townhouses ideal for long-term holds.
Frequently Asked Questions
Yes, townhouses offer strong rental yields around 5-6% and appreciation of 4% annually. Low vacancy and steady demand from renters make them reliable. Median prices near $250k provide accessible entry for investors.
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