379 Walnut AVE SW, Roanoke, VA 24016 (MLS# 921625)
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$379,000
379 Walnut AVE SW Roanoke, VA 24016 MLS# 921625
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Property Description Professionally managed & maintained Quadplex in Historic Old Southwest on corner lot, convenient to Carilion Hospital & Med School, Greenways, I-581 & Downtown. Walkable neighborhood close to 32 acre Highland Park, elementary school, restaurants & breweries. Recent exterior work includes some siding replacement & paint. Split electric & gas utilities paid by tenants. Owner pays water. All 4 gas furnaces replaced in 2017. 2 water heaters replaced in the past year. Detached garage perfect for extra storage. Apt 2 has in-unit washer/dryer. Common area laundry room for remaining tenants' use. Long term tenants on month to month leases. City rental inspection certificates good through Jan 2027 (see documents tab).
Details
Maps
General Property Description
Lot Dimensions: 50x130
Multi-Family Type: Quad
Construction Status: Completed
Present Use: Converted
# Furnished: 0
# Unfurnished: 4
# Leased Units: 4
Gross Bldg SQFT: 2802
Basement Y/N: Yes
Water Class: N/A
Parking Description: On Street
Gross Income: 35760
Year Built: 1890
Number of Units: 4
Operating Expense: 12029
Net Operating Income: 23731
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 0
Lot: 1
Block: 4
Tax ID: 1022911
Annual Taxes: 3844
Section: E B & I
Zoning Code: RM-1
POA Y/N: No
Area: 0130 - City of Roanoke - SW
Street Number: 379
Street Name: Walnut
Street Suffix: AVE
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24016
Subdivision: Old Southwest
Municipality: City of Roanoke
Elementary School: Highland Park
Middle School: James Madison
High School: Patrick Henry
Remarks & Misc
Directions: Franklin Rd. to Walnut Ave. to property on corner of Walnut and 4th St. SW.
Limited Service
Not Limited Service: 1
Construction
Wood: 1
Basement
Partial: 1
Heating
Forced Air Gas: 1
Misc Features
Historical Theme: 1
Walk to School: 1
Miscellaneous Info
Public Transport: Yes
Cooling
None: 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Lease Type
Month To Month: 1
Owner Expenses
Lawn Care: 1
Sewer: 1
Water: 1
Interior Features
Ceiling Fan(s): 1
Tenant Expenses
Electricity: 1
Gas: 1
Expenses
Maintenance Exp: 2145
Tax Exp: 3844
Insurance Exp: 2500
Electric Exp: 185
Gas Exp: 204
Water Exp: 1066
Other Exp: 2085
Slr Pd Fin Concessns
Not Disclosed: 1
Contract Information
Current Price: $379,000
Sold Price: $379,000
List Date: 2025-10-06
Status: Closed
Status Change Info
Ratified Contract Dt: 2025-11-09
Sold Date: 2025-12-10
Sold Price: $379,000
Property Features
Limited Service: Not Limited Service
Construction: Wood
Basement: Partial
Heating: Forced Air Gas
Cooling: None
Water Description: Public
Sewer Description: Public Sewer
Lease Type: Month To Month
Owner Expenses: Lawn Care; Water
Interior Features: Ceiling Fan(s)
Misc Features: Historical Theme; Walk to School
Tenant Expenses: Electricity; Gas
Slr Pd Fin Concessns: Not Disclosed
Listing Office: PARK PLACE REALTY INC
Last Updated: December - 11 - 2025
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