Great Investment opportunity in Old Southwest.Turnkey mid-term rental w/demonstrated gross rent of $4700 per month. Conveniently located close to Downtown Roanoke, Carilion Hospital, Riverside Sports Complex an Virginia Tech Carilion School of Medicine. Unit 1 is a 1 BR Apartment, Unit 2 is a Studio Apartment & Unit 3 is a 2 BR Apartment. All 3 Units are Furnished. Recent Improvements include all new flooring, All Kitchens Renovated, Renovated Bathrooms in Unit #2 and #3, New Gas Furnace in 2018, New Hot Water Heater in 2019, New Dishwasher in 2022, Added Walk-in Closet in Unit #3, Added Laundry Room on Entry level Closet (Laundry is shared by all 3 tenants, Some New Light Fixtures & Fresh Paint throughout. Upstairs has 2 additional rooms so 2 BR Unit could easily be converted into a 4BR There is a walkup attic with lots of storage space or potential to finish for additional living space. Home can easily be converted back to a single-family home as well.
Sold for $385,000
$385,000
364 Washington Ave SW, Roanoke, VA 24016
--beds
--baths
2,746sqft
Multi Family
Built in 1907
-- sqft lot
$-- Zestimate®
$140/sqft
$2,262 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,262/mo
Zestimate® history
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Zillow last checked:
Listing updated:
Listed by:
GLENDA MORRIS 540-355-0031,
LONG & FOSTER - ROANOKE OFFICE
Bought with:
DAVID KEETER, 0225263803
KELLER WILLIAMS REALTY ROANOKE
Source: RVAR,MLS#: 907004
Facts & features
Interior
Heating
- Radiator Gas Heat
Cooling
- Window Unit(s)
Features
- Breakfast Area, Storage
- Has basement: Yes
Interior area
- Total structure area: 2,746
- Total interior livable area: 2,746 sqft
Property
Features
- Has view: Yes
Lot
- Size: 6,534 Square Feet
- Features: Historical Theme
Details
- Parcel number: 1022607
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Wood
Condition
- Completed
- Year built: 1907
Utilities & green energy
- Electric: 0 Phase
- Sewer: Public Sewer
- Utilities for property: Wireless Internet
Community & HOA
Community
- Features: Cable TV, Laundry Facility
- Subdivision: N/A
HOA
- Has HOA: No
Location
- Region: Roanoke
Financial & listing details
- Price per square foot: $140/sqft
- Tax assessed value: $269,400
- Annual tax amount: $3,148
- Date on market: 5/1/2024
- Lease term: Other
- Tenant pays: No Utilities
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2024 | Sold | $385,000+1.3%$140/sqft |
Source:  RVAR #907004 Report a problem | ||
| 5/4/2024 | Pending sale | $379,950$138/sqft |
Source: RVAR #907004 Report a problem | ||
| 5/1/2024 | Listed for sale | $379,950+109.3%$138/sqft |
Source: RVAR #907004 Report a problem | ||
| 2/27/2020 | Sold | $181,500-4.4%$66/sqft |
Source: RVAR #864971 Report a problem | ||
| 12/14/2019 | Pending sale | $189,950$69/sqft |
Source: MOUNTAIN CITY REALTY & AUCTION LLC #864971 Report a problem | ||
| 11/19/2019 | Listed for sale | $189,950$69/sqft |
Source: MOUNTAIN CITY REALTY & AUCTION LLC #864971 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,287 +4.4% | $269,400 +4.4% |
| 2024 | $3,149 +21.9% | $258,100 +21.9% |
| 2023 | $2,583 +5.8% | $211,700 +5.8% |
| 2022 | $2,441 +1% | $200,100 +1% |
| 2021 | $2,417 -1.1% | $198,100 +5.1% |
| 2020 | $2,443 +10.7% | $188,500 +4.1% |
| 2019 | $2,208 +0.4% | $181,000 +12.4% |
| 2018 | $2,199 +17.3% | $161,000 +7.3% |
| 2017 | $1,874 +0.9% | $150,100 +0.9% |
| 2016 | $1,857 -2.9% | $148,700 |
| 2015 | $1,912 | $148,700 |
| 2014 | $1,912 | $148,700 -7.5% |
| 2013 | -- | $160,700 -3.3% |
| 2012 | -- | $166,200 |
| 2011 | -- | $166,200 |
| 2010 | -- | $166,200 |
| 2009 | -- | $166,200 |
| 2008 | -- | $166,200 +0.6% |
| 2007 | -- | $165,200 +13.2% |
| 2005 | -- | $145,900 +8.6% |
| 2004 | -- | $134,300 +14% |
| 2003 | -- | $117,800 +9.5% |
| 2002 | -- | $107,600 +15% |
| 2001 | -- | $93,600 |
Find assessor info on the county website
Neighborhood: Old Southwest
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Nearby schools
GreatSchools rating
- 8/10Highland Park Elementary SchoolGrades: PK-5Distance: 0.2 mi
- 4/10James Madison Middle SchoolGrades: 6-8Distance: 1.8 mi
- 3/10Patrick Henry High SchoolGrades: 9-12Distance: 2.2 mi
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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- Virginia
- Roanoke City
- Roanoke
- 24016
- Old Southwest
- 364 Washington Ave SW
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