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2 Beds
1 Bath
728 sqft

$89,000

4408 LELA AVENUE NE, ROANOKE VA, 24019

Price per sqft$122.25
Built in1940
Property size728 sqft
Property typeResidential

Overview

Active

Active-bright

Listed Oct 27, 2026

Updated 30h ago

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.

$592/mo

Est. mortgage payment based on a $89,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
VARA2000052

Interior Features

Bedrooms
2
Bathrooms
1
Basement
Yes

Exterior Features

Lot Size
1.3 Acres

Other Property Details

Taxes
$1,193
Tax Frequency
Annually
55+/Senior Community
No
MLS provider logo

Listed by United Real Estate Premier
Listing Contact: 5407608702 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/28/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/28/2026 at 3:53 AM UTC

 

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