434 Allison AVE SW, Roanoke, VA 24016 (MLS# 930151)

$324,950
434 Allison AVE SW
Roanoke, VA 24016
MLS# 930151

Front
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Front Corner Backyard Front Porch Entry Apt A Floor Plan Foyer Living Room Living Room 6Dining Rm IMG_5761 9BA 9Kitchen 10Kitchen 11Kitchen Bedroom 1 Bedroom 1 Closet Bedroom 2 Bedroom 2 Bedroom 2 Bedroom 2 Closet 1 Bedroom 2 Closet 2 Bedroom 2 to Foyer-LR Back Porch Back Porch Common Stairs to Apts B & C Common Stairs to Apts B & C Apt B Floor Plan Liviing Room Kitchen Kitchen Bedroom Bedroom Bathroom Balcony Balcony

Property Description
Fully leased, well-maintained triplex located less than one mile from the Carilion Medical Center and vibrant downtown Roanoke, with proximity to Highland Park and the Greenway system. Situated on a corner lot in the Old Southwest Historic District, this property features charming finishes, including high ceilings, French doors, decorative fireplaces, and covered porches. Hardwood floors, tons of natural light, and exceptionally large closets. Additionally, the property is professionally managed, has no-paint aluminum siding, includes a master key system, and offers shared on-site laundry facilities for the tenants. Upgrades include new concrete walkways and stairs, new paint on exterior and in Unit B, and new dryer in common laundry, all in 2026.

Details
Maps
General Property Description
Lot Dimensions: 50 x 130
Multi-Family Type: Triplex
Construction Status: Completed
Total Acreage: 0.15
Present Use: Converted
# Furnished: 0
# Unfurnished: 3
# Leased Units: 3
Gross Bldg SQFT: 2856
Basement Y/N: Yes
Water Class: N/A
Parking Description: On Street
Gross Income: 35299
Year Built: 1900
Number of Units: 3
Operating Expense: 19068
Net Operating Income: 16231
Location, Tax & Legal
Major Area: 01 - City of Roanoke
Phase: 0
Lot: 1
Block: 9
Tax ID: 103-0301
Annual Taxes: 3124
Section: 0
POA Y/N: No
Area: 0130 - City of Roanoke - SW
Street Number: 434
Street Name: Allison
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: From Franklin Rd N, Left on Allison. Home on Left at corner of 5th St.
Limited Service
Not Limited Service: 1
Construction
Aluminum: 1
Basement
Partial: 1
Views
Mountain(s): 1
Heating
Radiator Gas Heat: 1
Misc Features
Current Lease: 1
Laundry Facility: 1
Pet Allowed: 1
Walk to School: 1
Miscellaneous Info
Public Transport: Yes
Paid Utilities: Gas & Water
Cooling
Window Unit(s): 1
Water Description
Public: 1
Sewer Description
Public Sewer: 1
Water Heater Type
Tank: 1
Water Heater Energy
Natural Gas: 1
Lease Type
One Year: 1
Month To Month: 1
Owner Expenses
Gas: 1
Management Fee: 1
Water: 1
Interior Features
Ceiling Fan(s): 1
Walk-In Closet(s): 1
Internet Access
Cable: 1
Tenant Expenses
Cable TV: 1
Electricity: 1
Contract Information
Current Price: $324,950
List Price: $324,950
List Date: 2026-08-06
Status: Active
Property Features
Limited Service: Not Limited Service
Construction: Aluminum
Basement: Partial
Heating: Radiator Gas Heat
Cooling: Window Unit(s)
Water Description: Public
Sewer Description: Public Sewer
Water Heater Type: Tank
Water Heater Energy: Natural Gas
Lease Type: One Year; Month To Month
Owner Expenses: Gas; Management Fee; Water
Interior Features: Ceiling Fan(s); Walk-In Closet(s)
Misc Features: Current Lease; Laundry Facility; Pet Allowed; Walk to School
Internet Access: Cable
Views: Mountain(s)
Tenant Expenses: Cable TV; Electricity
Listing Office: PARK PLACE REALTY INC

Last Updated: August - 06 - 2026

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