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Sold for $265,000 on 11/26/24
  • $265,000

    520 Walnut Ave SW, Roanoke, VA 24016

    --beds
    --baths
    2,933sqft
    Multi Family
    Built in 1925
    -- sqft lot
    $-- Zestimate®
    $90/sqft
    $2,193 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,193/mo

    Zestimate® history
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    What's special

    This large duplex in historic Old SW is in a prime location across from Highland Park. The lower unit features 3 bedrooms, large living room with fireplace kitchen, bath and foyer area. Hardwood floors throughout much of the house. The upper unit includes a living room, four bedrooms, office/den, kitchen and 2 full baths. Both units have central air and updated electrical service. Separately metered utilities. Large front porch area, full basement for storage. The back yard includes a nice covered gazebo. Some minor TLC needed but overall a solid, well built home. Walking distance to Highland Park Elementary, restaurants, neighborhood stores, etc. Situated near beautifully updated homes this is a great opportunity to bring this historic home back to its glory days. Income figures reflect vacancy and well below market rental income potential.

    Zillow last checked: 8 hours ago

    Listing updated: November 26, 2024 at 05:03am

    Listed by:

    DAVID LINDEN 540-293-1695,

    REALSTAR, REALTORS(r) LLC

    Bought with:

    LIZ BOWLES, 0225199890

    WAINWRIGHT & CO., REALTORS(r)

    Source: RVAR,MLS#: 911789MLS Logo

    Facts & features

    Interior

    Heating
    • Forced Air Electric, Forced Air Gas
    Cooling
    • Heat Pump Electric
    Features
    • Breakfast Area, Storage
    • Has basement: Yes
    Interior area
    • Total structure area: 2,933
    • Total interior livable area: 2,933 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Private (1 - 9)
    Lot
    • Size: 6,534 sqft
    • Dimensions: 50' x 130'
    • Features: Walk to School
    Details
    • Parcel number: 1131208

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood
    Condition
    • Completed
    • Year built: 1925

    Utilities & green energy

    • Electric: 0 Phase
    • Sewer: Public Sewer
    • Utilities for property: Cable

    Community & neighborhood

    Location
    • Region: Roanoke
    • Subdivision: N/A

    Price history

    DateEventPrice
    11/26/2024Sold$265,000-11.7%$90/sqft
    Source: RVAR #911789
    11/1/2024Pending sale$300,000$102/sqft
    Source: RVAR #911789
    10/18/2024Listed for sale$300,000$102/sqft
    Source: RVAR #911789

    Public tax history

    YearProperty taxesTax assessment
    2025$3,320 +6.1%$272,100 +6.1%
    2024$3,129 +21.9%$256,500 +21.9%
    2023$2,567 +5.8%$210,400 +5.8%

    Find assessor info on the county website

    Neighborhood: Old Southwest

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Highland Park
    • Middle: James Madison
    • High: Patrick Henry

    Source: RVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    An equal housing lender. NMLS #10287.