Great Investment opportunity in Old Southwest.Turnkey mid-term rental w/demonstrated gross rent of $4700 per month. Conveniently located close to Downtown Roanoke, Carilion Hospital, Riverside Sports Complex an Virginia Tech Carilion School of Medicine. Unit 1 is a 1 BR Apartment, Unit 2 is a Studio Apartment & Unit 3 is a 2 BR Apartment. All 3 Units are Furnished. Recent Improvements include all new flooring, All Kitchens Renovated, Renovated Bathrooms in Unit #2 and #3, New Gas Furnace in 2018, New Hot Water Heater in 2019, New Dishwasher in 2022, Added Walk-in Closet in Unit #3, Added Laundry Room on Entry level Closet (Laundry is shared by all 3 tenants, Some New Light Fixtures & Fresh Paint throughout. Upstairs has 2 additional rooms so 2 BR Unit could easily be converted into a 4BR
Property Details
Property Features
Property Information:
Year Built: 1907
Living Area: 2,746 SqFt
Listing Office:
Office Name: LONG & FOSTER - ROANOKE OFFICE
Interior Features
Interior Information:
Basement: Yes
Interior: All Drapes, Book Shelves, Breakfast Area, Ceiling Fan, Storage, Walk-in-Closet
Exterior Features
Exterior Information:
View: Mountain(s)
Parking Information:
Parking: Street
Lot Features
Lot Information:
Lot Size: 0.15 Acres
Utilities
Utilities Information:
Heating: Radiant
Cooling: Wall/Window Unit(s)
School Info
Assigned Schools Information:
Patrick Henry High School, Public District Grades 9-12
James Madison Middle School, Public District Grades 6-8
Highland Park Elementary School, Public District Grades PK-5
Other
Directions Information:
Directions: Franklin RD to Washington AVE
Price Information
Listing Price Info
Price Summary:
List Price: $379,950
Price Per SqFt: $138/SqFt
Tax Information:
Annual Amount: $2,417
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Roanoke, VA.
This property is $119.9K more than the Median Sold Price and $18/SqFt less than other homes in Roanoke, VA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Number: #907004
Listing Office:
Office Name: LONG & FOSTER - ROANOKE OFFICE
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Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Feb 27, 2020
Feb 27, 2020Home Sold
$181,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$2,417
$198,100
2020
$2,534
$188,500
2019
$2,199
$181,000
2018
$2,199
$161,000
2017
$1,874
$150,100
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
6
/10
Highland Park Elementary School
1212 5th St SW
Distance between this listing and this school0.16 miles
Public District Grades PK-5
Middle School
4
/10
James Madison Middle School
1160 Overland Rd SW
Distance between this listing and this school1.75 miles
Public District Grades 6-8
High School
3
/10
Patrick Henry High School
2102 Grandin Rd SW
Distance between this listing and this school2.04 miles
Public District Grades 9-12
Assigned Schools
6
/10
Highland Park Elementary School
1212 5th St SW
Distance between this listing and this school0.16 miles
Public District Grades PK-5
Nearby Schools
5
/10
Wasena Elementary School
1125 Sherwood Ave SW
Distance between this listing and this school1.18 miles
Public District Grades KG-5
2
/10
Hurt Park Elementary School
1525 Salem Ave SW
Distance between this listing and this school1.30 miles
Public District Grades PK-5
Assigned Schools
4
/10
James Madison Middle School
1160 Overland Rd SW
Distance between this listing and this school1.75 miles
Public District Grades 6-8
Nearby Schools
3
/10
Stonewall Jackson Middle School
1004 Montrose Ave SE
Distance between this listing and this school1.19 miles
Public District Grades 6-8
2
/10
Addison Aerospace Magnet Middle School
1220 5th St NW
Distance between this listing and this school1.40 miles
Public Magnet Grades 6-8
Assigned Schools
3
/10
Patrick Henry High School
2102 Grandin Rd SW
Distance between this listing and this school2.04 miles
Public District Grades 9-12
Nearby Schools
2
/10
William Fleming High School
3649 Ferncliff Ave NW
Distance between this listing and this school3.66 miles
Public District Grades 9-12
7
/10
Cave Spring High School
3712 Chaparral Dr
Distance between this listing and this school4.57 miles
The neighbors living near this home have an average income of $32,466. Typical income of Roanoke, VA residents is less than $35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.
This home is located at 364 Washington Ave SW in Roanoke, VA and zip code 24016 in the Old Southwest neighborhood. This 2,746 square foot home, which was built in 1907, sits on a 0.15 acre lot. It has been listed on Rocket Homes since May 01, 2024 and is currently priced at $379,950.
Over 54 listings were sold over their listed price in April 2024 in Roanoke, VA. In the same period over 46 listings were sold below the listed price and 44 listings were sold for the listed price. The number of listings in Roanoke, VA increased by 28.1% between March 2024 and April 2024.
From Rocket Homes Real Estate and based on county public records data.