$429,894Average Value$190Average Price per Sq Ft29Homes For Sale
A Roanoke neighborhood named for its convenience
Named for its two arterial streets, Franklin-Colonial is a southwest Roanoke neighborhood brimming with commercial and collegiate convenience. Fast food restaurants, shopping strips and the Tanglewood Mall line four-lane Franklin Road, which also offers a straight shot to downtown Roanoke. A glass skywalk stretches over Colonial Avenue, connecting Virginia Western Community College’s north and south campuses. The Murray Run Greenway is a 2-mile gravel trail that starts at the college and ends at Shrine Hill Park to the west. Residents also have easy access to the Roanoke River Greenway and 568-acre Mill Mountain Park, home of the world’s largest free-standing, man-made star. “This is one of busiest commercial areas in the city,” says Bob Chandler, a real estate agent with MKB Realtors, who has sold several homes in the area. “But it’s actually broken down into a few different subdivisions, so there’s still parts that feel quiet and suburban.”
The Franklin-Colonial neighborhood is primarily residential and has a mixture of house styles.
Mill Mountain Park is home to the Roanoke Star which is a popular attraction.
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Franklin-Roanoke is divided into subdivisions
Homes built between the 1950s and early 2000s line Franklin-Colonial’s hilly roads. Sprawling red-brick ranch styles sit on half-acre lots with Roanoke Star views in the Winding Way community. Windward has beige and vinyl-façade two-bedroom condos just off Ogden Road. Young oak trees and ornamental shrubs dot the grassy front lawns of four-bedroom New Traditional homes on Southwood’s cul-de-sacs. Buying anywhere in Franklin-Colonial typically costs between $250,000 and $650,000, a range similar to a Roanoke home’s average $300,000 selling price.
Franklin-Colonial is a charming neighborhood located in Roanoke, VA.
Franklin-Colonial is a Roanoke, Virginia neighborhood located in southwest Roanoke.
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National retailers at Tanglewood Mall, grocery stores in Towers Shopping Center
Cream tiles and escalators welcome patrons into the two-story Tanglewood Mall, located along the neighborhood’s southernmost point since 1973. TJ Maxx, Burlington and Belk are just a few stores that anchor the 788,600-square-foot shopping center. Residents can catch the latest blockbuster at the AMC Classic, just down the street from the mall’s main building. A neon red and blue “Tap Room” sign hangs over the mahogany bar at Montano’s International Gourmet, an upscale American dinner spot and fresh deli in Franklin Road’s Townside Festival Shopping Center. To the north, Towers Shopping Center on Colonial Avenue has a Fresh Market and Kroger for groceries, plus fast-casual chains like Cava and Chipotle. “Towers is the place for everyday errands in Southwest Roanoke,” says Chandler. “Most people go there at least once a week to get groceries, work out at Planet Fitness or pick up dinner.”
Montano's Restaurant is Franklin Colonial residents favorite one-stop place to dine.
Towers Shopping Center is Franklin-Colonial's most convenient shopping destination.
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Dual enrollment with Virginia Western Community College at Patrick Henry High
Children here can attend Fishburn Park Elementary and James Madison Middle, both of which receive B-minus grades from Niche. Then, they may continue to B-rated Patrick Henry High School, where dual enrollment classes with Virginia Western Community College include calculus, culinary arts and automotive technology.
Red brick and glass buildings fill Virginia Western Community College’s 70-acre campus along Colonial Avenue. Founded in 1966, the school offers 70 associate degree programs, including nursing, early childhood development and IT support. Those who don’t attend the school can still stroll around the Community Arboretum, a 2-acre on-campus flower garden filled with ivy-covered pergolas, pink milkweeds and 700 other plants. “Virginia Western is a commuter school,” says Chandler. “Students may live in nearby apartments, but they aren’t necessarily tied to the Franklin-Colonial area.”
Patrick Henry High School is ranked 196th within Virginia.
Virginia Western Community College is a public community college in Roanoke, Virginia.
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Easy access to Murray Run Greenway, the Roanoke River and Mill Mountain
Locals will find a Murray Run Greenway trailhead on McNeil Drive between James Madison Middle and Virginia Western Community College. The path starts at the 119-acre Fishburn Park, which has mountain biking trails, a 9-hole disc golf course and a playground. Continuing west, hikers will pass Woodlawn Park’s 6 acres of hardwood forest and Patrick Henry High’s baseball diamond. Tennis balls whack against rubber courts at 9-acre Shrine Hill Park, where the trail ends. The Roanoke River bisects River’s Edge Park, a green space just north of the neighborhood with youth soccer fields, baseball diamonds and access to the 10-mile Roanoke River Greenway. Mill Mountain Park is only 4 miles east of the neighborhood. A mile-long hike up the mountain’s 1,703-foot-tall peak leads to the neon red, white and blue Roanoke Star. On the way down, visitors can veer into the Mill Mountain Zoo, home to around 85 animals, including black bears and red pandas.
Mill Mountain Park has a variety of activities for visiting families to do.
Murray Run Greenway is popular for taking short hikes with Franklin-Colonial residents.
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Franklin-Colonial is a car-dependent community
“Franklin-Colonial has great access to several greenways, but other than that, it’s not a pedestrian-friendly area because of all the car traffic,” says Chandler. Franklin Road connects to Interstate 581, with downtown Roanoke 2 miles north and the Roanoke-Blacksburg Regional Airport 7 miles in the same direction. A 40-mile drive south on Interstate 81 leads to Blacksburg. Carilion Roanoke Memorial Hospital is less than 2 miles east on Belleview Avenue. Valley Metro bus stops on Franklin Road and Colonial Avenue follow Routes 51/52 and 55/56, circulating between Third Street Station and Tanglewood Mall. Cargo trains honk as they drive along the Norfolk Southern Railway through the neighborhood’s core. Downtown Roanoke’s Amtrak station carries passengers to cities like Boston and Washington D.C. via the Northeast Regional Route.
Franklin-Colonial residents find fun activities for their children to do at Tanglewood Mall.
Franklin-Colonial residents are close to Amtrak for easy traveling.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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Crime and Safety
1 - Low Crime, 10 - High Crime
Franklin-Colonial
US
Homicide
4
4
Sexual Assault
3
4
Assault with Weapon
3
4
Robbery
3
4
Burglary
6
4
Motor Vehicle Theft
5
4
Larceny
4
4
Crime Score
4
4
Source: WhatIsMyCrimeRisk.com
Franklin-Colonial Demographics and Home Trends
On average, homes in Franklin-Colonial, Roanoke sell after 70 days on the market compared to the national average of 56 days. The median sale price for homes in Franklin-Colonial, Roanoke over the last 12 months is $337,950, up 1% from the median home sale price over the previous 12 months.
Move-in ready one-floor living in desirable Windward Community. This two-bedroom two bath home combines comfort, style, and accessibility all in one package.Recent improvements include engineered hardwood flooring, new bedroom carpet, refinished kitchen cabinets, a new electric range and microwave oven, updated bathtub and shower, and a freshly painted interior. The additional bonus room (flex
Constructed in 1960 and held in long-term private ownership, this Mid-Century Modern brick home offers a rare blend of architectural character, usable land, and meaningful system updates. Carefully curated by only its second owner over more than two decades, the home reflects thoughtful stewardship--where improvements were made for long-term livability rather than short-term resale. Clean lines,
Colonial Green is conveniently located less than a mile from Tanglewood Mall and less than 4 miles from Carilion. Enjoy the beautiful views and grounds of this charming community. This home includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the kitchen, and solid surface flooring, white
From the moment you walk through the door, you'll notice how the soaring ceilings and streams of natural light make this beautifully updated end-unit condo feel open, warm, and welcoming. Whether you're preparing dinner in the thoughtfully updated kitchen with granite countertops and stainless-steel appliances or relaxing with a cup of coffee on the oversized screened porch, every space invites
Experience the perfect blend of space, style, and smart home technology in this beautifully updated 5 BR 3.5 BA condo, ideally situated on a quiet corner homesite just minutes from Tanglewood Mall, dining, everyday conveniences, and a short drive to downtown, Carilion RMH, Lewis-Gale, and the VA. This home features a fully renovated lower level complete with a private in-law suite with its own
Colonial Green is conveniently located less than a mile from Tanglewood Mall and less than 4 miles from Carilion. Enjoy the beautiful views and grounds of this charming community. This home includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the kitchen, and solid surface flooring, white
Fixer-upper opportunity in a 3-bed, 2-bath Craftsman on a 0.17-acre lot, priced under assessed value. The one-level layout keeps all three bedrooms and both full baths on the main floor, including a primary bedroom with its own bath. Inside, hardwood floors run through most of the main living areas, and a skylight brings natural light into the interior. The kitchen is set up with a dishwasher,
Brandon Village is conveniently located less than a mile from Tanglewood Mall and less than 4 miles from Carilion. Enjoy the beautiful views and grounds of this charming community. This end unit includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the kitchen, and solid surface flooring,
Brandon Village is conveniently located less than a mile from Tanglewood Mall and less than 4 miles from Carilion. Enjoy the beautiful views and grounds of this charming community. This end unit includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the kitchen, and solid surface flooring,
Colonial Green is conveniently located less than a mile from Tanglewood Mall and less than 4 miles from Carilion. Enjoy the beautiful views and grounds of this charming community. This home includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the kitchen, and solid surface flooring, white
THIS STUNNING HOME ON 1.4 ACRES OFFERS THE BEST OF BOTH WORLDS: Nestled in the heart of Roanoke yet surrounded by the Peaceful Charm of Nature! Serene, Private Surroundings: You'll feel like you've escaped to the Countryside! Beautifully Updated 5Bed/4Bath Home with Fully Updated Living space! Expansive Kitchen, Cabinets Galore, Large Island Bar, Spacious Dining Area & more! Modern Updates
Colonial Green is conveniently located less than a mile from Tanglewood Mall and less than 4 miles from Carilion. Enjoy the beautiful views and grounds of this charming community. This home includes 9ft ceilings and luxury plank flooring throughout the main living area, upgraded white cabinets with brushed nickel hardware and quartz countertops in the kitchen, and solid surface flooring, white
Just minutes from Tanglewood Mall, Carilion, many restaurants and public transportation. Great Location and recently renovated units! All available units have and eat in kitchen (appliances including a microwave and dishwasher) all units have one full bath, and new flooring. Laundry Room on site.Tenant is responsible for electricity, cable and internet (COX), water ($15 monthly water
Renovated and Furnished, Private Owner Condo! Top floor end unit. 1 bedroom + 1 bathroom. Close to Towers Mall & Downtown, immediately adjacent Virginia Western Community College. Stainless Steel appliances. No Smoking. Sorry, No Pets. Looking for well qualified applicants, with references. Lease Term goal of 2 years+ preferred. Laundry in building. Message Anytime to discuss rental details and
Charming 3BR/2BA apartment in desirable South Roanoke! Approx. 1,000 SF with an open floorplan featuring a spacious living room, dining area, and eat-in kitchen. Bright and inviting with plenty of natural light throughout. Laundry room available (washer/dryer not included). Peaceful setting, just minutes from Carilion, Crystal Spring Village, downtown Roanoke, and Tanglewood Mall.
Mark Neighbors IIVRC PROPERTIES LLC
$2,395 per month
Upscale Three Bedroom in Colonial Green with Garage
HIGHLIGHTS *Constructed in 2021*Incredible Natural Light*Open Floor Plan*Beautiful Design Throughout *Hardwood Floors*Carpeted Bedrooms*Outstanding Primary Suite*Side-by-Side Two Car Garage*Covered Porch and Patio*Lawn Care, Landscaping, and Snow Removal Included AREA AMENITIES *Convenient Access to Tanglewood, Towers, and Rt 220 /
PRICE REDUCTION ALERT!!! Sign a lease now and get 2 free months rent or a $1,000.00 renovation credit after move in! | Top Unit - Commercial by space | 1 entry room | 1 Private room | hardwood floors | Build-to-Suit |
Please excuse our mess as we get this property ready for move in!! Showings begin on 10/11/2026Move in ready by 11/05/2026Welcome home to this charming 3-bedroom, 1.5-bath home in a convenient Roanoke location, just minutes from Towers Shopping Center, restaurants, shopping, and everyday conveniences.Inside, you'll find three spacious upstairs bedrooms, including a
Two Bedroom One Bath | Apartment | Freshly Renovated | Carpet and LVP flooring | Stove and Fridge Provided | Laundry on-site | Pets considered on case by case basis | No smoking | $50 utility fee
Enjoy stylish loft living in this bright and spacious apartment featuring vaulted ceilings and an open, airy floor plan. Conveniently located just minutes from shopping centers, Virginia Western Community College, Carilion Roanoke Memorial Hospital, a variety of restaurants, and major interstates.The advertised rent above includes JMAXs Resident Benefit Package (RBP) which all residents
Charming 3BR/2BA apartment in desirable South Roanoke! Approx. 1,000 SF with an open floorplan featuring a spacious living room, dining area, and eat-in kitchen. Bright and inviting with plenty of natural light throughout. Laundry room available (washer/dryer not included). Peaceful setting, just minutes from Carilion, Crystal Spring Village, downtown Roanoke, and Tanglewood Mall.
COMING SOON!!! 2 Month's Free with 14 Month Lease! Three Bedroom One Bath | Apartment | Freshly Renovated | Flooring and Cosmetics May Vary By Unit | Stove and Fridge Provided | Laundry on-site | Pets considered on case by case basis | No smoking
COMING SOON | Two Bedroom One Bath | Apartment | Freshly Renovated | Flooring and Cosmetics May Vary By Unit | Stove and Fridge Provided | Laundry on-site | Pets considered on case by case basis | No smoking
COMING SOON!!! 2 MONTHS FREE WITH A 14 MONTH LEASE | One Bedroom One Bath | Apartment | Freshly Renovated | Flooring and Cosmetics May Vary By Unit | Stove and Fridge Provided | Laundry on-site | Pets considered on case by case basis | No smoking
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