518 Highland Ave
Roanoke, VA 24016
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Bed
0
Bath
2,508Sqft
0.15Acre(Lot)
518 Highland Avenue SW is a remodeled historic, 100% occupied, three-unit multifamily located in Roanoke's highly desirable Old Southwest neighborhood. The property offers a functional unit mix within a submarket known for strong tenant demand, limited rental inventory, and consistent occupancy. Situated on a quiet, tree-lined street near downtown Roanoke and Grandin Village, the asset benefits from long-term rental stability and classic architectural character.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Basement: Crawl Space -
Interior Features
Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Forced Air
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Building Information
Year Built: 1909 Construction Materials: Wood Siding Private Pool: No
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Lot Information
Lot Size Acres: 0.15Property Information
Subdivision: Gishland Source Property Type: Residential Income Zoning Description: RM1 Property SubType: Triplex Property Age: 117
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Listing Price Information
Listing Price: $310000
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Tax Information
Parcel Number: 112-1207 Tax Lot: 9 Tax Block: 1 Annual Tax: $3354
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Parking Information
Parking Total: 2Garage Information
Has Garage: Yes Garage Space: 17741
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School Information
Elementary School: Highland ParkJunior High School: James MadisonSenior High School: Patrick Henry -
Location Information
Direction: From northbound on Franklin Rd SW, turn left onto Highland Ave SW and drive 2.5 blocks. Property on your left.
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 917 1st St, Roanoke, VA, 24016 | $487,933 | -- | -- | 3,869 | 3,869 SqFt |
| 224 Gilmer Ave, Roanoke, VA, 24016 | $169,030 | -- | -- | 1,871 | 1,871 SqFt |
| 1215 Franklin Rd, Roanoke, VA, 24016 | $485,962 | -- | -- | 4,365 | 4,365 SqFt |
| 414 Harrison Ave, Roanoke, VA, 24016 | $169,030 | -- | -- | 1,768 | 1,768 SqFt |
| 430 Day Ave, Roanoke, VA, 24016 | $475,000 | -- | -- | 2,952 | 2,952 SqFt |
| 819 Campbell Ave, Roanoke, VA, 24016 | $675,998 | -- | -- | 3,700 | 3,700 SqFt |
| 813 13th St # 821, Roanoke, VA, 24016 | $1,084,705 | -- | -- | 12,306 | 12,306 SqFt |
| 803 King James St, Roanoke, VA, 24016 | $10,750,000 | -- | -- | 127,900 | 127,900 SqFt |
| 1602 Patterson Ave, Roanoke, VA, 24016 | $331,338 | -- | -- | 2,546 | 2,546 SqFt |
| 1918 Rorer Ave, Roanoke, VA, 24016 | $161,000 | -- | -- | 2,052 | 2,052 SqFt |
Similar Multifamily To 518 Highland Ave
Nearby For Sale
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ByOwner last updated this listing 06/07/2026 @ 16:15
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