Roanoke, VA 24016,518 Elm AVE

$224,000

$224,950

0.4%
Est.Price: ?

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Est. payment /mo

3,062 SqFt


SOLD DATE : 11/10/2025

Key Details

Sold Price $224,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,062 sqft

Price per Sqft $73

Subdivision Lewis

MLS Listing ID 914811

Sold Date 11/10/25

Construction Status Completed

Year Built 1921

Annual Tax Amount $2,177

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type Duplex

Property Description

Great Investment opportunity with tons of potential. Duplex located in Se Roanoke featuring 2 units, each with 2 bedrooms and 1 bath. Convenient located close to downtown Roanoke. Recent updates include new metal roof. Both units are currently, upstairs unit rented for $800 and downstairs unit rented for $900 and could rent for more. If you're looking to start investing or wanting to add an income producing unit to your growing portfolio. Look no further. Schedule a tour today.

Location

State VA

County City Of Roanoke

Area 0130 - City Of Roanoke - Sw

Interior

Heating Forced Air Electric

Cooling Window Unit(s)

Exterior

Parking Features On Street

Building

Sewer Public Sewer

Water Public

Structure Type Wood

Construction Status Completed

Schools

Elementary Schools Hurt Park

Middle Schools James Madison

High Schools Patrick Henry

Others

Tax ID 112-0809

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Listed by PALMER REALTY GROUP LLC
Bought with PALMER REALTY GROUP LLC
Jeni Bell

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(540) 355-6300

jeni@divinefogrealty.com

4097 Electric Rd, Roanoke, VA, 24018, USA

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