3 months on rocket

5422 Franklin Rd, Roanoke, VA, 24018

$350,000

Home List Price

$4,156*

Closing Credit

3 Bedrooms
1 Full Bath
1,429 SqFt
$245/SqFt
House

Location

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5422 Franklin Rd, Roanoke$350,000

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOther, Garage Detached, Off Street Parking
Year BuiltNew Const., 1926
HeatingOther
CoolingNone
BasementYes
MLS #910207
Lot Size1.50 Acres
StatusActive

About 5422 Franklin Rd

Discover an exceptional commercial opportunity with endless potential! Situated on 1.5 acres, this property features multiple structures ideal for a variety of business needs. A spacious main building offers flexible interior space, perfect for offices, a workshop, or other creative uses.Additional assets include a detached garage, a sturdy barn, and a covered outbuilding, all boasting a rustic aesthetic that adds character and charm to the site. The expansive lot provides ample room for parking, storage, or future expansion, making it a versatile option for business growth.Offered ''as is,'' this property invites entrepreneurs and investors to reimagine its possibilities. Equipped with water baseboard heat and a full basement for additional functionality, this estate combines

Property Details

Property Features

Property Information:

  • Architectural Style: 1.5 Story
  • Year Built: 1926
  • Stories: 1
  • Living Area: 1,429 SqFt

Listing Office:

  • Office Name: MKB, REALTORS(r)

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Carpet, Vinyl, Wood

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Exterior: Covered Porch, Paved Driveway

Parking Information:

  • Attached Garage: No
  • Parking: Other, Garage Detached, Off Street Parking

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 1.50 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: None

Other

Directions Information:

  • Directions: FRANKLIN RD (220) SOUTH TO PROPERTY ON LEFT

Price Information

Listing Price Info

Price Summary:

  • List Price: $350,000
  • Price Per SqFt: $245/SqFt
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Housing Market Comparison

See how this home compares to others in Roanoke, VA.

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Roanoke, VA

City

Med. Sold Price

$275K

Med. Price/SqFt

$162

Avg. Days On Market

31

# of Sold Homes

152

5422 Franklin Rd vs Roanoke

104 DAYS ON ROCKET

+73 Days

$350,000

+$75K More

$245/SqFt

+$82 More

KEY TAKEAWAY

This property is $75K more than the Median Sold Price and $82/SqFt more than other homes in Roanoke, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #910207

Listing Office:

  • Office Name: MKB, REALTORS(r)

IDXAlthough the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.

All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.

All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/3/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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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.

Nearby Schools

school-card-donut-3475172
7
/10

  • Clearbrook Elementary School

  • 5205 Franklin Rd SW

  • 0.38 miles

  • Public District Grades PK-5

school-card-donut-3475173
2
/10

  • Garden City Elementary School

  • 3718 Garden City Blvd SE

  • 2.04 miles

  • Public District Grades PK-5

school-card-donut-3475174
8
/10

  • Penn Forest Elementary School

  • 6328 Merriman Rd

  • 2.98 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $44,310. Residents of Roanoke, VA typically earn less than $35k each year. Most families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Roanoke, VA

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Roanoke, VA.

The housing landscape in Roanoke, Virginia, is characterized by a mix of architectural styles, with single-family homes being a significant part of the market. These homes often feature traditional, colonial, and ranch styles, reflecting the city's historical roots and modern growth. The market also includes a selection of apartments and townhouses, providing options for various lifestyles and family sizes. The homeownership rate in Roanoke is robust, with a majority of residents owning their homes, while a proportionate number of residents opt for renting, indicating a balanced housing market.

What is it like to live in Roanoke, VA?

Roanoke is celebrated for its vibrant culture and scenic beauty, nestled in the Blue Ridge Mountains. The community prides itself on its outdoor activities, with easy access to trails and parks that cater to nature enthusiasts. The city's downtown area is a hub of cultural events, including festivals and markets that showcase local artisans and performers, contributing to Roanoke's unique character and charm.

Is it easy to get around Roanoke, VA without a car?

Roanoke provides a comprehensive array of services to its residents. The city's educational system includes numerous public and private schools, offering a range of educational opportunities from primary to secondary education. Healthcare services are well-established, with major hospitals and clinics providing a spectrum of medical care, from emergency services to specialized treatments. The public library system supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with a blend of national chains and independent establishments that cater to a variety of tastes and preferences.

Transportation in Roanoke, VA.

Transportation in Roanoke is facilitated by a network of roads and highways, including Interstate 581 and U.S. Route 220, which enable efficient travel and commuting within the city and to neighboring areas. Public transit options are available, with bus services operating on a set schedule, connecting key areas of the city. The area's walkability varies, with the downtown core being particularly pedestrian-friendly, while other areas may be more reliant on vehicular transport. Ride-sharing services are present in Roanoke, complementing the public transportation system and providing additional mobility options for residents and visitors.

Frequently Asked Questions About 5422 Franklin Rd

What is the listing price of this property?

The listing price of 5422 Franklin Rd property is $350,000.

What type of property is this?

The property 5422 Franklin Rd is a house located in Roanoke, Virginia, 24018.

Is this property for sale now?

Active Listing: 5422 Franklin Rd is For Sale (Active/New) which means the seller is accepting offers.

How many bedrooms and bathrooms does this property have?

The property at 5422 Franklin Rd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 5422 Franklin Rd is 1,429 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5422 Franklin Rd is 1926.

Rocket Homes›Virginia›Roanoke›24018›5422 Franklin Rd

This home is located at 5422 Franklin Rd in Roanoke, VA and zip code 24018. This 1,429 square foot home, which was built in 1926, sits on a 1.50 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $350,000.

Roanoke, VA housing market in November 2024 saw over 62 listings sold above listed price, more than 21 sold at listed price and over 69 sold below. The inventory of homes for sale in Roanoke, VA between October 2024 and November 2024 increased by 15.7%. In November 2024, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $275,000.

From Rocket Homes Real Estate and based on county public records data.

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