430 Allison AVE SW, Roanoke, VA 24016 (MLS# 924899)


$349,900
430 Allison AVE SW
Roanoke, VA 24016
MLS# 924899



MAIN
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MAIN Area amenities Area amenities Front Front Entry Front Front Front Entry Close Unit Layout on First Floor Foyer - Main Floor Unit 2 - Living Room/Kitchen Unit 2 - Living Room/Kitchen Unit 2 - Living Room/Kitchen Unit 2 - Bedroom Unit 2 - Bedroom Unit 2 - Bathroom Shared Laundry for Units 1 & 2 Unit 1 - Living Room/Bedroom Unit 1 - Living Room/Bedroom Unit 1 - Bathroom Unit 1 - Kitchen Unit 1 - Kitchen Unit 1 - Storage Closet & Rear Entry Unit 1 - Storage Closet & Rear Entry Unit 1 - Workshop Lower Deck Unit 1 - Rear Entry & Storage Closet Unit Layout on Second Floor & Attic Unit 3 - Bedroom/Living Room Unit 3 - Bedroom/Living Room Unit 3 - Bathroom Unit 3 - Kitchen Unit 3 - Kitchen Unit 3 - Attic Storage Unit 3 - Attic Storage Unit 4 - Living Room Unit 4 - Living Room Unit 4 - Living Room to Kitchen Unit 4 - Kitchen to Living Room Unit 4 - Kitchen Unit 4 - Bathroom Unit 4 - Bedroom Unit 4 - Laundry/Storage Unit 4 - Laundry/Storage & Rear Entry Unit 4 - Deck & Rear Entry Unit 4 Deck Lower Deck Has Rear Entry for Unit 1 & Upper Deck Has Rear Entry for Unit 4 Lot from above Pictured with 3 spaces, but sellers intend to expand to 4 spaces prior to closing. Lower Deck Has Rear Entry for Unit 1 & Upper Deck Has Rear Entry for Unit 4 Lower Deck Stairs Stairs to Upper Deck GIS Map w/ lot outlines Combined Floorplan

Property Description
Fantastic investment opportunity in Historic Old Southwest! Legal Quadplex featuring Four 1BR/1BA units with approximately 2,510 SF on a 0.15 acre lot. Zoned RM-1 with off-street parking spaces for tenants. Strong rental potential and flexibility for investors or owner-occupants. Conveniently located near Carilion Roanoke Memorial Hospital, Highland Park, downtown Roanoke, restaurants, and the Greenway in one of the city's most desirable and walkable neighborhoods. Excellent opportunity to add a solid income-producing property to your portfolio.

Details
Maps
General Property Description
Multi-Family Type: Quad
Construction Status: Completed
Total Acreage: 0.15
# Furnished: 1
# Unfurnished: 3
# Leased Units: 1
Gross Bldg SQFT: 2510
Basement Y/N: Yes
Water Class: N/A
Parking Description: Private (1 - 9)
# Vehicle Spaces: 3
Gross Income: 39000
Year Built: 1900
Number of Units: 4
Operating Expense: 16000
Net Operating Income: 23000
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 0
Subdivision Map: N/A
Lot: 2
Block: 9
Tax ID: 103-0302
Annual Taxes: 3428.2
Section: 0
Zoning Code: RM-1
POA Y/N: No
Area: 0130 - City of Roanoke - SW
Street Number: 430
Street Name: Allison
Street Suffix: AVE
Street Direction Sfx: SW
State/Province: VA
Zip Code: 24016
Subdivision: N/A
Municipality: City of Roanoke
Elementary School: Highland Park
Middle School: James Madison
High School: Patrick Henry
Remarks & Misc
Directions: Franklin Rd toward Old SW, turn left onto Allison Avenue. House on left.
Limited Service
Not Limited Service: 1
Construction
Vinyl: 1
Wood: 1
Basement
Dirt Floor: 1
Views
City: 1
Mountain(s): 1
Sunrise: 1
Sunset: 1
Heating
Heat Pump Electric: 1
Radiator Gas Heat: 1
Misc Features
Current Lease: 1
Laundry Facility: 1
Walk to School: 1
Wireless Internet: 1
Miscellaneous Info
Public Transport: Yes
Cooling
Heat Pump Electric: 1
Window Unit(s): 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Water Heater Type
Tank: 1
Water Heater Energy
Natural Gas: 1
Owner Expenses
Electricity: 1
Gas: 1
Water: 1
Interior Features
Breakfast Area: 1
Ceiling Fan(s): 1
Storage: 1
Internet Access
Fiber: 1
Cur'nt Internet Prov: GloFiber
Tenant Expenses
Air Conditioning: 1
Cable TV: 1
Electricity: 1
Contract Information
Current Price: $349,900
List Price: $349,900
List Date: 2026-02-24
Status: Active
Property Features
Limited Service: Not Limited Service
Construction: Vinyl; Wood
Basement: Dirt Floor
Heating: Heat Pump Electric; Radiator Gas Heat
Cooling: Heat Pump Electric; Window Unit(s)
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Natural Gas
Owner Expenses: Electricity; Gas; Water
Interior Features: Breakfast Area; Ceiling Fan(s); Storage
Misc Features: Current Lease; Laundry Facility; Walk to School; Wireless Internet
Internet Access: Fiber
Views: Mountain(s); Sunrise; Sunset
Tenant Expenses: Air Conditioning; Cable TV; Electricity

Listing Office: BERKSHIRE HATHAWAY HOMESERVICES PREMIER, REALTORS® - MAIN

Last Updated: March - 12 - 2026

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