Fully leased Triplex in Historic Old Southwest. Nearby park and school. Hardwood floors, radiator heat. Decks on the back of the house. Great investment opportunity.
For sale by owner
$320,000
518 Highland Ave SW, Roanoke, VA 24016
4beds
1,650sqft
Est.:
Apartment
Built in 1930
-- sqft lot
$-- Zestimate®
$194/sqft
$-- HOA
What's special
Radiator heatHardwood floors
What the owner loves about this home
Good tenants. Studio apt, also a 1 BR and a 2 Br apt. Each apartment is on a separate electric meter.
- 3 days |
- 169 |
- 4 |
Listed by:
Property Owner (540) 467-0635
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Other, Gas
Cooling
- None
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Carpet, Hardwood
- Basement: Unfinished
Interior area
- Total interior livable area: 1,650 sqft
Property
Parking
- Total spaces: 3
Features
- Exterior features: Wood
- Has view: Yes
- View description: None
Lot
- Size: 2,800 Square Feet
Details
- Parcel number: 1121207
Construction
Type & style
- Home type: Apartment
Materials
- Roof: Shake / Shingle
Condition
- New construction: No
- Year built: 1930
Community & HOA
Location
- Region: Roanoke
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $231,900
- Annual tax amount: $2,829
- Date on market: 12/12/2025
Estimated market value
Not available
Estimated sales range
Not available
$1,385/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 12/12/2025 | Listed for sale | $320,000$194/sqft |
Source: Owner Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,829 +6.5% | $231,900 +6.5% |
| 2024 | $2,657 +21.4% | $217,800 +21.4% |
| 2023 | $2,189 +3.8% | $179,400 +3.8% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$1,910/mo
Principal & interest
$1553
Property taxes
$245
Home insurance
$112
Climate risks
Neighborhood: Old Southwest
Nearby schools
GreatSchools rating
- 7/10Highland Park Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 2/10James Madison Middle SchoolGrades: 6-8Distance: 1.6 mi
- 3/10Patrick Henry High SchoolGrades: 9-12Distance: 2 mi
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