Active

518 Highland Ave

Roanoke, VA 24016
Mark as Favorite
Bed --

Bed

Bath 0

Bath

Acres0.15

Acre(Lot)

518 Highland Avenue SW is a remodeled historic, 100% occupied, three-unit multifamily located in Roanoke's highly desirable Old Southwest neighborhood. a short walk to Highland Park, 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.

Tour with a ByOwner Agent

Detail Ic Property Details

Property Type : Residential Income

Price : $275,000

AD Id : 77832629

MLS Id : 927046

Lot Size : 0.15 Acre

Tax Amount : 3354.00

Year Built : 1909

County : City of Roanoke

Subdivision: Rhawnhurst

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Room Information

    Has Basement: Yes Basement: Dirt Floor
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Radiant Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1909 Construction Materials: Wood Siding Private Pool: No

  • Lot Information

    Main Square Feet: 0.15 Acres Lot Size Acres: 0.15 Lot Size Square Feet: 6534

    Property Information

    Subdivision: Gishland Source Property Type: Residential Income MLS Area Minor: 0130 - City of Roanoke - SW Property SubType: Triplex Property Age: 117

  • Listing Price Information

    Listing Price: $275000

  • Tax Information

    Parcel Number: 112-1207 Tax Lot: 9 Tax Block: 1 Annual Tax: $3354

  • Parking Information

    Parking Total: 2 Private

  • School Information

    Elementary School: Highland Park
    Junior High School: James Madison
    Senior 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. WaterSource: Public
Sell a home like this and save $16,001 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
917 1st St, Roanoke, VA, 24016 $487,933 -- -- -- --
224 Gilmer Ave, Roanoke, VA, 24016 $169,030 -- -- -- 0.07 Acre
350 Mountain Ave, Roanoke, VA, 24016 $315,000 -- -- -- 0.10 Acre
414 Harrison Ave, Roanoke, VA, 24016 $169,030 -- -- -- 0.10 Acre
433 Albemarle Ave, Roanoke, VA, 24016 $469,000 -- -- -- 0.15 Acre
430 Day Ave, Roanoke, VA, 24016 $435,000 -- -- -- 0.18 Acre
434 Allison Ave, Roanoke, VA, 24016 $324,950 -- -- -- 0.15 Acre
813 Ferdinand Ave, Roanoke, VA, 24016 $675,000 -- -- -- 0.15 Acre
4 12 1/2 St, Roanoke, VA, 24016 $158,122 -- -- -- 0.05 Acre
1316 Chapman Ave, Roanoke, VA, 24016 $379,925 -- -- -- 0.17 Acre

Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, noncommercial benefit. The unauthorized retrieval or use of this listing data is prohibited. All information is deemed reliable but not guaranteed, and should be independently verified. Copyright © 2026 Multiple Listing Service of The Roanoke Valley. All rights reserved.

ByOwner last updated this listing 09/09/2026 @ 01:35

MLS: 927046 LISTED BY: DANIEL WICKHAM, WALKER REAL ESTATE SOLUTIONS SOURCE: Roanoke Valley Association of REALTORS

Homes around $275,000

Selling? Save $16,001 when you sell a home like this

Tour with a ByOwner Agent