JUST REDUCED AND READY FOR A BUYER This wonderfully appointed, MOVE IN READY 3 BDR home ( with 1 BDR currently being used as an office but able to easily be converted back to a BDR) is available for immediate occupancy. And (INVESTORS TAKE NOTE ) it sits on a full basement which could be finished as an income producing apartment with private ground level entry. The location is really convenient for those seeking the benefit of an in -town, 1 level, easy to maintain home but the proximity to the growing Carilion complex makes it also appealing to investors wishing to capitalize on the strong rental demand in that area. This home has lots of great features including beautiful hardwood & tile floors, a kitchen with custom butcher block counter tops, a primary suite with walk-in closet AND a luxuriously spacious bathroom w/jetted tub &lovely fixtures. There's a washer & dryer in an enclosed area right off of the bathroom and near the walk in closet which makes putting away the laundry a breeze. The home has a 30-40 year shingle roof (installed in 2016) and numerous systems updates in 2018. A large recently refurbished deck is accessed off of the kitchen extending the living space to the great outdoors and providing practically year round usage. A big backyard stretches down to a small stream below and allows for gardening or recreation. Plus there is private , off-street parking which can accommodate several vehicles.
previously , there was an apartment in the basement when this owner first purchased the property. That was removed but likely could be re3 installed to a better standard than what was there before. Plenty of room to do so and the plumbing is still roughed in. The level is just used for good dry storage now but has its own separate access. and allows privacy ...great investment opportunity. Or the potential to live on main level, rent out the ground level and pay for the house by doing so.
For a South Roanoke property in such a convenient location with all these amenities , in move condition, and with room for expansion if desired ,this is a great buy. Come take a look.
For sale
Price cut: $15.1K (10/13)
$329,900
2603 Stephenson Ave SW, Roanoke, VA 24014
2beds
1,182sqft
Single Family Residence
Built in 1953
9,583 Square Feet Lot
$319,900 Zestimate®
$279/sqft
$-- HOA
What's special
- 138 days
- 312
- 28
Zillow last checked:
Listing updated:
Listed by:
JANE PETTY HARRIS 540-460-1932,
JAMES RIVER REALTY LLC 540-463-2117
Source: RVAR,MLS#: 928030
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Heating
- Forced Air Gas
Cooling
- Central Air, Heat Pump Electric
Appliances
- Included: Microwave Oven (Built In)
Features
- Ceiling Fan(s), Walk-In Closet(s)
- Flooring: Tile, Wood
- Doors: Metal
- Windows: Tilt-In
- Basement: Full,Walk-Out Access
- Number of fireplaces: 1
- Fireplace features: Living Room
Interior area
- Total structure area: 2,364
- Total interior livable area: 1,182 sqft
- Finished area below ground: 0
Property
Parking
- Total spaces: 4
- Parking features: Paved Driveway
- Covered spaces: 1
- Uncovered spaces: 3
- Details: Off Street Parking
Features
- Levels: One
- Stories: 1
- Patio & porch: Front Porch, Deck
- Exterior features: Garden Space
- Has view: Yes
- View description: Sunset
Lot
- Size: 9,583 Square Feet
- Features: Sloped Down, Level
Details
- Parcel number: 1160134
- Zoning: RM-1
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Brick
Condition
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Restaurant
HOA
- Has HOA: No
Location
- Region: Roanoke
Financial & listing details
- Price per square foot: $279/sqft
- Tax assessed value: $228,600
- Annual tax amount: $2,790
- Date on market: 5/29/2026
- Cumulative days on market: 139 days
Estimated market value
$319,900
$304,000 - $336,000
$1,603/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Price change | $329,900-4.4%$279/sqft |
Source: | ||
| 5/29/2026 | Listed for sale | $345,000+142.1%$292/sqft |
Source: | ||
| 5/18/2016 | Sold | $142,500$121/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,789 +8.2% | $228,600 +8.2% |
| 2024 | $2,577 +10.9% | $211,200 +10.9% |
| 2023 | $2,324 +4.6% | $190,500 +4.6% |
| 2022 | $2,222 +17% | $182,100 +17% |
| 2021 | $1,900 -0.6% | $155,700 +3.9% |
| 2020 | $1,910 +9.2% | $149,900 +4.5% |
| 2019 | $1,749 -6.2% | $143,400 +0.8% |
| 2018 | $1,864 +1.2% | $142,300 -4% |
| 2017 | $1,842 -1.3% | $148,300 -1.3% |
| 2016 | $1,866 -2.6% | $150,300 -8.5% |
| 2015 | $1,916 | $164,200 |
| 2014 | $1,916 | $164,200 +2% |
| 2013 | -- | $161,000 |
| 2012 | -- | $161,000 |
| 2011 | -- | $161,000 |
| 2010 | -- | $161,000 |
| 2009 | -- | $161,000 |
| 2008 | -- | $161,000 +7% |
| 2007 | -- | $150,500 +16.9% |
| 2005 | -- | $128,700 +12.3% |
| 2004 | -- | $114,600 +10% |
| 2003 | -- | $104,200 +5% |
| 2002 | -- | $99,200 +3.2% |
| 2001 | -- | $96,100 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: South Roanoke
Nearby schools
Schools provided by the listing agent
- Elementary: Crystal Spring
- 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.







