376 Walnut Avenue Southwest

Roanoke, VA 24016

$419,950
Price
1
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime opportunity to own a multifamily investment in Old Southwest between Downtown Roanoke and the ever-expanding Roanoke Memorial Carilion Hospital. Permitted for six units but currently renting four units. Each are one-bedroom and one-bathroom apartments. Two units on the upper level, two on the main level, and two around back in the lower-level. Located near Evie's, Highland Park, and walking distance to Downtown Roanoke. Large private parking lot behind the building right off the alley.Prime opportunity to own a multifamily investment in Old Southwest between Downtown Roanoke and the ever-expanding Roanoke Memorial Carilion Hospital. Permitted for six units but currently renting four units. Each are one-bedroom and one-bathroom apartments. Two units on the upper level, two on the main level, and two around back in the lower-level. Located near Evie's, Highland Park, and walking distance to Downtown Roanoke. Large private parking lot behind the building right off the alley.
  1. Listed by GAVIN HOLLINGSWORTH • EDWIN C HALL ASSOCIATES INC

Property Details for 376 Walnut Avenue Southwest

View
Mountain(s)
Zoning
RM-1
Subdivision Name
Old Southwest
Covered Spaces
0.0
LISTING UPDATED: 11/20/2024 02:41 PM

Property Details for 376 Walnut Avenue Southwest

StatusActive
MLS #912579
Days on Market2
Taxes$4,964 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiFamily
Year Built1900
Lot Size0.27 AC / 11,761 SF
CountyRoanoke Independent City

Building Information for 376 Walnut Avenue Southwest

Stories-Residences6Year Built1900Building Size-Lot Size0.27 AC / 11,761 SF

Property Information for 376 Walnut Avenue Southwest

Summary
Location and General Information
  • Directions: Franklin Road towards Downtown Roanoke. Left on Walnut Avenue SW. Property on Left one house from the corner.
  • MLS Area Major: 0130 - City of Roanoke - SW
  • City: Roanoke
  • State Or Province: VA
  • Postal Code: 24016
  • County Or Parish: City of Roanoke
  • MLS Area Minor: 0130 - City of Roanoke - SW
  • General Property Description - Water Class: N/A
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 103-0202
  • Tax Block: 6
  • Tax Lot: Lot 3 & PT Lot 2
  • Tax Tract Or Section: 0
  • Tax Amount: $4,964
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $4,964
  • Location Legal Taxes - Section: 0
  • Location Legal Taxes - POA YN: No
School Information
  • Elementary School: Highland Park
  • Middle Or Junior School: James Madison
  • High School: Patrick Henry
Parking
  • Attached Garage: No
  • General Property Description - Parking Description: Private (1 - 9)
Property
Lot Information
  • Lot Size Acres: 0.27
  • Lot Size Area: 0.27
  • Lot Size Units: Acres
  • Lot Size Square Feet: 11761.2
  • General Property Description - Total Acreage: 0.27
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: MultiFamily
  • Year Built: 1900
  • Property Type Label: MultiFamily
  • General Property Description - Construction Status: Completed
Utilities
  • Sewer: Public Sewer
  • Water Description - Public Water: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Wood Siding
Interior Features
  • Water Heater Type - Tank: Yes
  • Cooling: Window Unit(s)
  • Heating: True
  • Basement: Walkout - Full
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Cooling: Yes
  • Heating: Yes
  • General Property Description - Basement: Yes
  • General Property Description - # Furnished: 0.0
  • General Property Description - # Unfurnished: 0.0
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
  • General Property Description - # Leased Units: 4
Income & Expenses
  • Gross Scheduled Income: $0
  • Operating Expense: $0
  • General Property Description - Gross Income: $0
  • Gross Income: $0
  • Net Operating Income: $0
Unit 1
  • Unit Number: Type 1
  • Units Total: 6
  • Beds Total: 1
  • Furnished: 1
Rental
Rental Information
  • Tenant Expenses - Cable TV: Yes
  • Tenant Expenses - Insurance: Yes

Property History for 376 Walnut Avenue Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 376 Walnut Avenue Southwest

Taxable ValueLand$56,800Additions$350,100Total$406,900
Tax Record2024$5,345 ($445 / month)
Home Facts
Total Finished SqFt3,178 SqFtAbove Grade Finished SqFt3,178 SqFtStories2Lot Size11,713 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900ZoningRM-1CountyROANOKE CITYAPN103-0202

Schools near 376 Walnut Avenue Southwest

This home is within Roanoke City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 12
Rating
School
Distance
Highland Park Elementary School
PublicPK to 5

James Madison Middle School
Public6 to 8

Patrick Henry High School
Public9 to 12

Rivermont School - Roanoke
PrivateK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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376 Walnut Avenue Southwest is a multi-family home for sale in Roanoke, VA 24016. This property was listed for sale on November 20, 2024 by EDWIN C HALL ASSOCIATES INC, it's currently listed at $419,950. It has been on the market for a total of 2 days and was last sold on November 30, 2021. This listing's school district is Roanoke City Public Schools. Nearby schools include Highland Park Elementary School, James Madison Middle School and Patrick Henry High School. 376 Walnut Avenue Southwest is a 1-bed, 0-bath, multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of EDWIN C HALL ASSOCIATES INC, GAVIN HOLLINGSWORTH

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.