Looking for an investment opportunity in the ever-popular Old SW community of Roanoke? This 5-unit garden home with carriage house is for you. With great demographics and nearby amenities, this property will always be desirable. Across from a school, walking distance to cafe's and the bus line, and a stones throw from Highland Park, tenants find this location quaint and peaceful. Take advantage of the Opportunity Zone incentive program in Roanoke City and make this property your next project. Financing is easy with immediate cashflow and full occupancy. Recent roof, water heaters and each unit has it's own heat pump/air conditioning. Call the listing agent today for a pro forma and to schedule an appointment.
For sale
$495,000
433 Albemarle Ave SW, Roanoke, VA 24016
--beds
--baths
4,516sqft
Est.:
Multi Family
Built in 1913
-- sqft lot
$465,400 Zestimate®
$110/sqft
$-- HOA
What's special
Recent roof
- 56 days
- on Zillow |
- 294 |
- 14 |
Zillow last checked: 7 hours ago
Listing updated: June 09, 2025 at 03:42am
Listed by:
DANIEL WICKHAM 540-384-4725,
WALKER REAL ESTATE SOLUTIONS
Source: RVAR,MLS#: 918072

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Heating
- Heat Pump Electric
Cooling
- Heat Pump Electric
Features
- Basement: Crawl Space
Interior area
- Total structure area: 4,516
- Total interior livable area: 4,516 sqft
Property
Parking
- Total spaces: 6
- Parking features: Private (1 - 9)
Lot
- Size: 6,534 Square Feet
- Dimensions: 50x130
Details
- Parcel number: 1022514
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood
Condition
- Completed
- Year built: 1913
Utilities & green energy
- Electric: 0 Phase
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable
Community & HOA
Community
- Features: Laundry Facility
- Subdivision: Old Southwest
HOA
- Has HOA: No
Location
- Region: Roanoke
Financial & listing details
- Price per square foot: $110/sqft
- Tax assessed value: $375,100
- Annual tax amount: $4,947
- Date on market: 6/9/2025
- Lease term: Month To Month
- Tenant pays: All Utilities
- Loading
- Loading