Investor opportunity in the heart of Roanoke! This fully remodeled duplex is located just blocks from Carilion Hospital in an area with strong rental demand and excellent long-term investment potential. Each unit offers 2 bedrooms and 1 full bathroom with updated finishes throughout, making it move-in and tenant-ready from day one. The lower unit includes interior access to a full unfinished basement with additional exterior access, offering abundant storage or future possibilities. Off-street parking is available in the front, with potential for off-street parking from alley access in the rear. Convenient to downtown, greenways, restaurants, shopping, and major employers, this property is ideal for owner-occupants or investors looking to expand their portfolio. Seller is licensed agent.
For sale
$350,000
520 & 518 Riverland Rd SE, Roanoke, VA 24014
--beds
--baths
1,548sqft
Multi Family
Built in 1924
-- sqft lot
$338,500 Zestimate®
$226/sqft
$-- HOA
What's special
Updated finishes throughoutAbundant storage
- 43 days |
- 418 |
- 32 |
Zillow last checked:
Listing updated:
Listed by:
BRANDON HORNBY 540-819-0805,
NEST REALTY ROANOKE,
JULIA ALYS HORNBY 540-815-5510
Source: RVAR,MLS#: 927847
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Facts & features
Interior
Heating
- Baseboard Electric, Radiator Gas Heat
Cooling
- Window Unit(s)
Features
- Has basement: Yes
Interior area
- Total structure area: 1,548
- Total interior livable area: 1,548 sqft
Property
Parking
- Parking features: Off Site
Lot
- Size: 6,969 Square Feet
Details
- Parcel number: 4031012
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum, Brick
Condition
- Completed
- Year built: 1924
Utilities & green energy
- Electric: 8 Phase
- Sewer: Public Sewer
Community & HOA
Community
- Subdivision: N/A
HOA
- Has HOA: No
Location
- Region: Roanoke
Financial & listing details
- Price per square foot: $226/sqft
- Annual tax amount: $1,943
- Date on market: 5/22/2026
- Tenant pays: Other - See Remarks
Estimated market value
$338,500
$322,000 - $355,000
$1,425/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/22/2026 | Listed for sale | $350,000$226/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Riverland/Walnut Hill
Nearby schools
GreatSchools rating
- 9/10Crystal Spring Elementary SchoolGrades: PK-5Distance: 1.4 mi
- 4/10James Madison Middle SchoolGrades: 6-8Distance: 2.3 mi
- 3/10Patrick Henry High SchoolGrades: 9-12Distance: 2.9 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Virginia
- Roanoke City
- Roanoke
- 24014
- Riverland/Walnut Hill
- 520 & 518 Riverland Rd SE







