Looking for an owner-occupied income producing property in the heart of the city? Look no further! This amazing triplex is on the market for the first time in over 40 years! With three units you could live in one and rent the other two, having your tenants pay your mortgage, or start your investment portfolio today and rent all three! Located within walking distance to Highland Park, Highland Park Elementary School, and just minutes from the hospital, this home is ideally situated no matter where your life takes you. With all of the possibilities this amazing historic home can provide, it's sure to be the perfect fit for your future!
Sold for $345,000
$345,000
517 Allison Ave SW, Roanoke, VA 24016
--beds
--baths
2,880sqft
Multi Family
Built in 1910
-- sqft lot
$-- Zestimate®
$120/sqft
$2,721 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,721/mo
Zestimate® history
Owner options
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$2,721/mo
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$2,104/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
KATY COOKSTON 540-520-8402,
KELLER WILLIAMS REALTY ROANOKE,
GREGORY LANE JUSTIS 540-314-1592
Bought with:
COREY POFF, 0225254491
KELLER WILLIAMS REALTY ROANOKE
Source: RVAR,MLS#: 900062
Facts & features
Interior
Heating
- Heat Pump Electric
Cooling
- Heat Pump Electric
Features
- Breakfast Area, Storage
- Has basement: Yes
Interior area
- Total structure area: 2,880
- Total interior livable area: 2,880 sqft
Property
Lot
- Size: 6,098 sqft
- Dimensions: 130x50
- Features: Current Lease, Historical Theme, Walk to School
Details
- Parcel number: 1131219
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl
Condition
- Completed
- Year built: 1910
Utilities & green energy
- Electric: 0 Phase
- Sewer: Public Sewer
Community & neighborhood
Community
- Community features: Laundry Facility
Location
- Region: Roanoke
- Subdivision: N/A
Price history
| Date | Event | Price |
|---|---|---|
| 9/1/2023 | Sold | $345,000-1.4%$120/sqft |
Source:  RVAR #900062 Report a problem | ||
| 7/26/2023 | Pending sale | $349,900$121/sqft |
Source: RVAR #900062 Report a problem | ||
| 7/25/2023 | Listed for sale | $349,900$121/sqft |
Source: RVAR #900062 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,138 +6.2% | $257,200 +6.2% |
| 2024 | $2,955 +17.7% | $242,200 +17.7% |
| 2023 | $2,510 +5.9% | $205,700 +5.9% |
| 2022 | $2,370 +1% | $194,300 +1% |
| 2021 | $2,346 -3.5% | $192,300 +2.6% |
| 2020 | $2,431 +10.7% | $187,500 +4.2% |
| 2019 | $2,196 -1.1% | $180,000 +10.6% |
| 2018 | $2,220 +17.2% | $162,700 +7.3% |
| 2017 | $1,894 +1.4% | $151,700 +1.5% |
| 2016 | $1,867 +2.1% | $149,500 |
| 2015 | $1,828 | $149,500 |
| 2014 | $1,828 | $149,500 -2.7% |
| 2013 | -- | $153,600 -4.5% |
| 2012 | -- | $160,800 |
| 2011 | -- | $160,800 |
| 2010 | -- | $160,800 |
| 2009 | -- | $160,800 |
| 2008 | -- | $160,800 +0.6% |
| 2007 | -- | $159,800 +13.3% |
| 2005 | -- | $141,100 +8.7% |
| 2004 | -- | $129,800 +12% |
| 2003 | -- | $115,900 +9% |
| 2002 | -- | $106,300 +10% |
| 2001 | -- | $96,600 |
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
- 517 Allison Ave SW
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