new - 1 day on rocket

611 Stewart Ave SE, Roanoke, VA, 24013

$240,000

Home List Price

$2,850*

Closing Credit

0 Baths
2,302 SqFt
$104/SqFt
Multi

Location

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611 Stewart Ave SE, Roanoke$240,000

Buyer Closing Credits

$2,850*

1.25% Loan Amount

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Property Highlights

Home TypeTriplex
ParkingPrivate (1 - 9)
Year BuiltNew Const., 1895
HeatingBaseboard
CoolingNone
BasementYes
ViewCity
MLS #912012
Lot Size0.12 Acres
StatusActive

About 611 Stewart Ave SE

This well-maintained triplex offer an excellent investment opportunity. Two of the 3 units are currently rented, providing immediate income, while the third is vacant and ready for occupancy. All units have been recently renovated, featuring fresh paint, new flooring, and essential safety improvements, ensuring a comfortable living environment for tenants. A new roof, installed in 2023, adds long-term value and peace of mind for future maintenance. The property is ideal for investors looking to expand their portfolio with a move-in-ready asset that requires minimal updates. Don't miss this chance to secure a solid investment with stable cash flow.

Property Details

Property Features

Property Information:

  • Year Built: 1895
  • Living Area: 2,302 SqFt

Listing Office:

  • Office Name: LICHTENSTEIN ROWAN, REALTORS(r)

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Exterior Information:

  • View: City

Parking Information:

  • Parking: Private (1 - 9)

Lot Features

Lot Information:

  • Lot Size: 0.12 Acres

Utilities

Utilities Information:

  • Heating: Baseboard
  • Cooling: None

School Info

Assigned Schools Information:

  • William Fleming High School, Public District Grades 9-12
  • Stonewall Jackson Middle School, Public District Grades 6-8
  • Fallon Park Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Take the Elm Ave Exit (Exit 6) from I-581. At the end of the exit ramp, turn onto Elm Avenue (heading East). Turn left onto 7th Street SE. turn Left onto Stewart Ave SE.

Price Information

Listing Price Info

Price Summary:

  • List Price: $240,000
  • Price Per SqFt: $104/SqFt

Tax Information:

  • Annual Amount: $771
  • Tax Year: 2021
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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

$269.9K

Med. Price/SqFt

$160

Avg. Days On Market

6

# of Sold Homes

130

611 Stewart Ave SE vs Roanoke

1 DAY ON ROCKET

-5 Days

$240,000

-$29.9K Less

$104/SqFt

-$57 Less

KEY TAKEAWAY

This property is $29.9K less than the Median Sold Price and $57/SqFt less than other homes in Roanoke, VA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #912012

Listing Office:

  • Office Name: LICHTENSTEIN ROWAN, 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: 10/30/2024, 5:20:50 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 12, 2019Home Sold
$1,057,500

Tax History

YEARPROP. TAXASSESSMENT
2021$771$63,200
2020$1,026$63,100
2019$974$58,800
2018$916$54,000
2017$724$54,000

History based on county public records data.

Payment Calculator

$1,265

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$786

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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

school-card-donut-392202
3
/10

  • Fallon Park Elementary School

  • 502 19th St SE

  • 1.13 miles

  • Public District Grades PK-5

Middle School

school-card-donut-392203
3
/10

  • Stonewall Jackson Middle School

  • 1004 Montrose Ave SE

  • 0.44 miles

  • Public District Grades 6-8

High School

school-card-donut-392204
2
/10

  • William Fleming High School

  • 3649 Ferncliff Ave NW

  • 3.88 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,363. The majority of Roanoke, VA residents have income less than $35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›Virginia›Roanoke›24013›611 Stewart Ave SE

This home is located at 611 Stewart Ave SE in Roanoke, VA and zip code 24013 in the Belmont neighborhood. This 2,302 square foot home, which was built in 1895, sits on a 0.12 acre lot. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $240,000.

While more than 32 listings in Roanoke, VA in September 2024 were sold above asking price, there were more than 38 listings sold at asking price, and more than 60 were sold below. In September 2024 in Roanoke, VA there were 13% more homes for sale than in August 2024. In September 2024 median list price was $269,958 and the average listing age was 6 days.

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

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