Fantastic investment opportunity in Historic Old Southwest! Legal Quadplex featuring Four 1BR/1BA units with approximately 2,510 SF on a 0.15 acre lot. Zoned RM-1 with off-street parking spaces for tenants. Strong rental potential and flexibility for investors or owner-occupants. Conveniently located near Carilion Roanoke Memorial Hospital, Highland Park, downtown Roanoke, restaurants, and the Greenway in one of the city's most desirable and walkable neighborhoods. Excellent opportunity to add a solid income-producing property to your portfolio.
Sold for $349,900
$349,900
430 Allison Ave SW, Roanoke, VA 24016
--beds
--baths
2,510sqft
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$139/sqft
$2,958 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,958/mo
Zestimate® history
Owner options
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$2,958/mo
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$2,958/mo
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$2,134/mo
Est. payment
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$2,134/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
ERIK OLSON 540-314-0004,
BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS(r) - MAIN
Bought with:
NORM PULLEN, 0225210780
REAL BROKER LLC - MCLEAN
Source: RVAR,MLS#: 924899
Facts & features
Interior
Heating
- Heat Pump Electric, Radiator Gas Heat
Cooling
- Heat Pump Electric, Window Unit(s)
Features
- Breakfast Area, Storage
- Has basement: Yes
Interior area
- Total structure area: 2,510
- Total interior livable area: 2,510 sqft
Property
Parking
- Total spaces: 3
- Parking features: Private (1 - 9)
Features
- Has view: Yes
- View description: City, Sunrise, Sunset
Lot
- Size: 6,534 sqft
- Features: Current Lease, Walk to School
Details
- Parcel number: 1030302
- Zoning: RM-1
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl, Wood
Condition
- Completed
- Year built: 1900
Utilities & green energy
- Electric: 0 Phase
- Sewer: Public Sewer
- Utilities for property: Wireless Internet
Community & neighborhood
Community
- Community features: Laundry Facility
Location
- Region: Roanoke
- Subdivision: N/A
Price history
| Date | Event | Price |
|---|---|---|
| 4/20/2026 | Sold | $349,900$139/sqft |
Source:  RVAR #924899 Report a problem | ||
| 3/16/2026 | Pending sale | $349,900$139/sqft |
Source: RVAR #924899 Report a problem | ||
| 3/12/2026 | Listed for sale | $349,900$139/sqft |
Source: RVAR #924899 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,894 +5.6% | $237,200 +5.6% |
| 2024 | $2,741 +19.1% | $224,700 +19.1% |
| 2023 | $2,301 +6.1% | $188,600 +6.1% |
| 2022 | $2,168 +1.1% | $177,700 +1.1% |
| 2021 | $2,144 -7.6% | $175,700 |
| 2020 | $2,320 +13% | $175,700 +4.5% |
| 2019 | $2,052 +164.7% | $168,200 +4.4% |
| 2018 | $775 +14.8% | $161,100 +7.1% |
| 2017 | $676 -15.4% | $150,400 +1.8% |
| 2016 | $799 +168.6% | $147,700 |
| 2015 | $298 | $147,700 |
| 2014 | $298 | $147,700 -1.5% |
| 2013 | -- | $150,000 |
| 2012 | -- | $150,000 |
| 2011 | -- | $150,000 |
| 2010 | -- | $150,000 |
| 2009 | -- | $150,000 |
| 2008 | -- | $150,000 +0.7% |
| 2007 | -- | $148,900 +13.5% |
| 2005 | -- | $131,200 +8.8% |
| 2004 | -- | $120,600 +12% |
| 2003 | -- | $107,700 +9% |
| 2002 | -- | $98,800 +7.5% |
| 2001 | -- | $91,900 |
Find assessor info on the county website
Neighborhood: Old Southwest
Nearby schools
GreatSchools rating
- 8/10Highland Park Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10James Madison Middle SchoolGrades: 6-8Distance: 1.5 mi
- 3/10Patrick Henry High SchoolGrades: 9-12Distance: 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
- 430 Allison Ave SW
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