Fixer-Uppers with rehab upside in Roanoke, VA.
Light to heavy rehab opportunities in Roanoke, Virginia. Cosmetic flips, full guts, and BRRRR candidates — priced for spread, sold as-is.
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Fixer Uppers in Roanoke, VA
Get alerts on new fixer-upper deals in Roanoke and the surrounding VA market. Most close in 9-14 days with cash or hard money.
Why investors target Roanoke
What you get.
- Cosmetic, value-add, and full-gut deals
- Sold strictly as-is
- Priced for healthy flip or BRRRR spread
- Rehab scope and ARV comps shared
Roanoke estimated snapshot
~$279,000 est. median · ~38 DOM
Trusted by sellers to get cash + terms offers
Trusted by sellers to get cash + terms offers
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How it works
Three steps from “interested” to closed in Roanoke.
- 01
Set your Roanoke buy box
Tell us ZIPs, price range, condition, and exit strategy. We filter every new lead through your criteria before it hits your inbox.
- 02
Get deals in your inbox daily
Motivated-seller leads in Roanoke and surrounding VA markets — verified phone, address, and seller-stated motivation.
- 03
Lock it up and close fast
Most deals close in 9–14 days with cash or hard money. Assign, wholesale, or hold — your call.
Roanoke investors
Off-market fixer-upper leads sourced across Roanoke, VA.
FAQ
Roanoke fixer-upper questions.
- Are ARVs verified?
- Each Roanoke listing includes recent sold comps. Your own walk-through and contractor scope are still expected.
- Can I use a 203(k) or similar loan?
- Some yes, most no — most fixer-uppers in our inventory don't pass FHA condition standards. Hard money or cash works.
- What's the typical rehab budget?
- Ranges widely: $15k cosmetic flips up to $150k+ full guts. Each Roanoke listing includes a starting scope estimate.
- Who pulls permits?
- Buyer post-close. Your GC or you, depending on Virginia licensing rules.
How this works in Virginia
Fixer-upper in Virginia: the local rules.
Timeline & foreclosure
Virginia has one of the fastest foreclosure timelines in the country — often under 60 days. If you're behind, we need to move quickly; we can usually close in under 14 days.
Virginia is a non judicial foreclosure state.
Closing custom
Either an attorney or a title company can close in Virginia. You pick who to work with.
Local demand
Northern Virginia (DC suburbs), Richmond, and Hampton Roads have very active cash markets. Southwest Virginia trades more slowly — the network helps there.
Roanoke market context
What makes Roanoke different.
Roanoke is a mid-size city of about 167,037 residents in Roanoke City, VA. Average household income runs roughly $69k, which puts the estimated median home value around $279,000 and typical days-on-market near 38. That mix shapes how fixer-upper deals price and how fast they trade here — bigger metros see more competing offers, smaller markets see fewer bids per home but cleaner negotiating leverage.
- Population
- 167,037
- County
- Roanoke City
- Est. median home
- ~$279,000
- Typical DOM
- ~38 days
Nearby Virginia markets
Fixer-Uppers in nearby Virginia cities.
| City | Population | Est. median home | Page |
|---|---|---|---|
| Fredericksburg | 161,318 | ~$329,000 | fixer-upper |
| Newport News | 177,884 | ~$223,000 | fixer-upper |
| Fairfax | 153,998 | ~$466,000 | fixer-upper |
| Henrico | 184,677 | ~$285,000 | fixer-upper |
| Woodbridge | 190,821 | ~$384,000 | fixer-upper |
| Manassas | 139,812 | ~$382,000 | fixer-upper |
Glossary
Key terms for fixer-upper in Roanoke.
- ARV (After-Repair Value)
- What the Roanoke property will sell for once renovated. Drives every offer formula; sanity-check it against sold comps within a half-mile and the last 90 days.
- 70% rule
- Max offer ≈ (ARV × 0.70) − rehab. A starting point, not a law; tight markets routinely transact at 75–80% of ARV.
- Assignment
- Selling your purchase contract to another investor before closing. The end buyer takes title; you collect an assignment fee.
- DSCR loan
- Debt-Service-Coverage-Ratio loan that qualifies on the property's rent — not your personal income. The standard way to scale past Fannie's 10-financed-property cap.
Other options for investors in Roanoke
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