2521 Longview AVE SW, 1-4, Roanoke, VA 24014 (MLS# 916562)


$540,000
2521 Longview AVE SW, 1-4
Roanoke, VA 24014
MLS# 916562



2521 Longview AVE SW, 1-4, Roanoke, VA 24014
  1 / 21  
2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014 2521 Longview AVE SW, 1-4, Roanoke, VA 24014

Property Description
Owner financing available to qualified buyer. Nestled in the heart of the highly desirable South Roanoke neighborhood, 2521 Longview Ave SW presents a unique opportunity for both savvy investors and discerning owner-occupants and offers a rare blend of historical charm and financial opportunity! This classic 1930s multifamily residence boasts approximately 3,804 square feet of living space, thoughtfully divided into four spacious 1-bedroom, 1-bath units, each offering around 900 square feet of comfortable living. For Investors: This property is a turnkey asset with a proven rental history with rents below the local market rates in a great location make it an ideal candidate for steady cash flow and long-term appreciation. Comparable properties in the vicinity have demonstrated strong...

Details
Maps
General Property Description
Lot Dimensions: 50 x 150
Multi-Family Type: Quad
Construction Status: Completed
Total Acreage: 0.17
Present Use: Built-As
# Furnished: 0
# Unfurnished: 4
# Leased Units: 4
Gross Bldg SQFT: 3804
Basement Y/N: Yes
Water Class: N/A
Basement: Partial Basement
Parking Description: Private (1 - 9)
Gross Income: 40800
Year Built: 1930
Number of Units: 4
Operating Expense: 16336
Net Operating Income: 22424
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Unit #: 1-4
Phase: 4
Lot: 13-14
Block: 4
Tax ID: 106-0116
Annual Taxes: 5611
Section: 0
Zoning Code: RM-2
POA Y/N: No
Area: 0120 - City of Roanoke - South
Street Number: 2521
Street Name: Longview
Street Suffix: AVE
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24014
Subdivision: Crystal Spring
Municipality: City of Roanoke
Elementary School: Crystal Spring
Middle School: James Madison
High School: Patrick Henry
Remarks & Misc
Directions: 2521 Longview Ave.
Limited Service
Not Limited Service: 1
Construction
Brick: 1
Heating
Radiator Gas Heat: 1
Cooling
Window A/C: 1
Water Description
Public Water: 1
Sewer Description
Public Sewer: 1
Water Heater Type
Tank: 1
Water Heater Energy
Electric: 1
Lease Type
One Year: 1
Owner Expenses
Gas: 1
Lawn Care: 1
Water: 1
Tenant Expenses
Electricity: 1
Expenses
Management Exp: 2325
Maintenance Exp: 2800
Tax Exp: 5611
Insurance Exp: 1375
Electric Exp: 540
Gas Exp: 2004
Water Exp: 1680
Contract Information
Current Price: $540,000
Sold Price: $540,000
List Date: 2025-04-22
Status: Closed
Status Change Info
Ratified Contract Dt: 2025-07-28
Sold Date: 2025-08-19
Sold Price: $540,000
Property Features
Limited Service: Not Limited Service
Construction: Brick
Heating: Radiator Gas Heat
Cooling: Window A/C
Water Description: Public Water
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Electric
Lease Type: One Year
Owner Expenses: Gas; Lawn Care; Water
Tenant Expenses: Electricity
Supplements
market performance. For Owner-Occupants - Live in one unit while generating income from the remaining three; a perfect strategy to offset mortgage costs and build equity. The property's charm, combined with its proximity to local amenities, offers a comfortable and convenient lifestyle. Enjoy the benefits of homeownership while leveraging rental income to support your financial goals.

Listing Office: VRC PROPERTIES LLC

Last Updated: August - 26 - 2025

All searches are performed on live data on the MLS server. 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, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.