$594,950

2521 Longview Ave SW Unit 1-4 Roanoke, VA 24014

South Roanoke Neighborhood

Estimated payment $3,782/month

Total Views 1,208
-- Bed
-- Bath
3,804 Sq Ft
$156 Price per Sq Ft

About This Home

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...

Listing Agent

Jason Fountain

VRC PROPERTIES LLC License #0225077081

Co-Listing Agent

Steve Zegarski

VRC PROPERTIES LLC License #0225245213

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,611

Year Built

  • Built in 1930

Lot Details

  • 7,405 Sq Ft Lot
  • Lot Dimensions are 50 x 150

Home Design

  • Quadruplex
  • Brick Exterior Construction

Interior Spaces

  • 3,804 Sq Ft Home
  • Partial Basement

Schools

  • Crystal Spring Elementary School
  • James Madison Middle School
  • Patrick Henry High School

Utilities

  • Window Unit Cooling System
  • Radiator
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 13-14 / 4

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Crystal Spring Subdivision

Building Details

  • 4 Leased Units
  • Electric Expense $540
  • Insurance Expense $1,375
  • Maintenance Expense $2,800
  • Manager Expense $2,325
  • Water Sewer Expense $1,680
  • New Taxes Expense $5,611
  • Operating Expense $16,336
  • Gross Income $40,800
  • Net Operating Income $22,424

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,611

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Heating System: Radiator Gas Heat
  • Type: Multi-Family
  • Has Basement: Partial Basement
  • Cooling System: Window A/C
  • CondoAssocYN: No
  • ExpensesGasExp: 2004.00
  • ExpensesManagementExp: 2325.00
  • ExpensesTaxExp: 5611.00
  • Major Area: 01 - City of Roanoke
  • NumberLeasedUnits: 4.00
  • NumberUnfurnished: 4.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 16336.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: Yes

Garage/Parking

  • Parking Description: Private (1 - 9)

Utilities

  • Sewer Description: Public Sewer
  • Expenses Water Exp: 1680.00
  • Water Description: Public Water
  • Water Heater Type: Tank

Schools

  • Elementary School: Crystal Spring
  • Middle School: James Madison
  • High School: Patrick Henry

Lot Info

  • Lot Dimensions: 50 x 150
  • Property Group Id: 19990816212116581394000000
  • Total Acreage: 0.17
  • Lot: 13-14
  • Present Use: Built-As
  • Phase: 4
  • ZoningCode: RM-2

Building Info

  • Year Built: 1930

Tax Info

  • Taxes (6 mo): 5611.00
  • FILLTAXID: 106-0116

Multi Family

  • Lease Type: One Year
  • Tenant Pays: Electricity
  • Units In Building: 4.00
  • Multi Family Type: Quad

MLS Schools

  • Elementary School: Crystal Spring
  • HighSchool: Patrick Henry
  • Middle School: James Madison

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2025 04/22/25 For Sale $594,950 -- $156 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Source: Roanoke Valley Association of REALTORS®

MLS Number: 916562

Roanoke Valley Association of REALTORS®

Virginia Roanoke City County Roanoke 24014 South Roanoke

2521 Longview Ave SW Unit 1-4, Roanoke, VA

Homes for Sale in Roanoke, VA

This home is located at 2521 Longview Ave SW Unit 1-4, Roanoke, VA 24014 and is currently priced at $594,950, approximately $156 per square foot. This property was built in 1930. 2521 Longview Ave SW Unit 1-4 is a home located in Roanoke City with nearby schools including Crystal Spring Elementary School, James Madison Middle School, and Patrick Henry High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Roanoke Valley Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Jason Fountain
Listing Agent
Jason Fountain
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VRC PROPERTIES LLC
(540) 782-3397