$325,000

429 Elm Ave SW Roanoke, VA 24016

Old Southwest Neighborhood

Estimated payment $1,956/month

Total Views 6,035
2 Beds
2.5 Baths
3,030 Sq Ft
$107 Price per Sq Ft

Highlights

  • City View
  • No HOA
  • Central Air
  • Vaulted Ceiling
  • Fireplace
  • 4-minute walk to Highland Dog Park

About This Home

429 Elm Avenue SW is a beautifully preserved 1915 Victorian-style property in Roanoke's Old Southwest Historic District, offering 2,280 square feet of flexible commercial space on a 0.18-acre lot. Formerly occupied by the nonprofit On Our Own, the building is now vacant and move-in ready, making it an excellent opportunity for owner-users, investors, or as a primary residence. The property features a wide front porch with original columns, rich woodwork throughout, large rooms with natural light, decorative fireplaces, and a finished third-floor loft with vaulted ceilings. The basement provides bonus rooms and an ADA-accessible restroom, while a rear covered entry leads to rare off-street parking. Located just minutes from downtown Roanoke, the property is highly walkable

Listing Agent

Jason Fountain

VRC PROPERTIES LLC License #0225077081 Listed on: 09/01/2025

Co-Listing Agent

Steve Zegarski

VRC PROPERTIES LLC License #0225245213

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,389

Year Built

  • Built in 1915

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Sloped Down
  • Property is zoned RM-1

Parking

  • Off-Street Parking

Interior Spaces

  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • City Views

Bedrooms and Bathrooms

  • 2 Bedrooms

Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Schools

  • Highland Park Elementary School
  • James Madison Middle School
  • William Fleming High School

Utilities

  • Central Air
  • Heat Pump System
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association
  • Old Southwest Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 4

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,389

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Heating System: Heat Pump Electric
  • Type: Residential
  • Property Subtype 1: Single Family Residence
  • Has Basement: Walkout - Full
  • Cooling System: Central Cooling
  • Views: City
  • AddlCoveredPrkng: Not Applicable
  • BedroomsBRUpperLevel: 2
  • CondoAssocYN: No
  • EntryAboveGrdFin Sq Ft: 1140.00
  • FullBathsFullBathsLowerLvl: 1
  • FullBathsFullBathsUpperLvl: 1
  • Grand Total Attached S Q F T: 3030
  • HalfBathsHalfBathsEntryLvl: 1
  • LaundryLaundryUpperLevel: 1
  • LowerBelowGrdFin Sq Ft: 750.00
  • Major Area: 01 - City of Roanoke
  • MasterBedroomsMasterBRUpperLvl: 1
  • Hoa2 Or Poa: No
  • PrimCoveredPrking: N/A
  • Residential Type: Detached
  • Style Of House: 2 Story
  • Total Above Grd Fin S Q F T: 2280
  • TotalBdrm: 2
  • TotalBths: 2.10
  • TotalFBaths: 2
  • Total Finished Sq Ft: 3030.00
  • TotalHBaths: 1
  • Uncovered Parking: Off Street Parking
  • UpperAboveGrdFin Sq Ft: 1140.00
  • Water Class: N/A
  • Water Htr Energy: Natural Gas
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 2

Interior Features

  • Basement YN: Yes

Utilities

  • Sewer Description: Public Sewer
  • Water Description: Public Water
  • Water Heater Type: Tank

Schools

  • Elementary School: Highland Park
  • Middle School: James Madison
  • High School: William Fleming

Lot Info

  • Lot Description: Down Slope
  • Property Group Id: 19990816212109142258000000
  • Total Acreage: 0.18
  • Lot: 4
  • ZoningCode: RM-1

Building Info

  • Year Built: 1915

Tax Info

  • Taxes (6 mo): 2389.00
  • FILLTAXID: 102-0116

MLS Schools

  • Elementary School: Highland Park
  • HighSchool: William Fleming
  • 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

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,552 $172,100 $38,600 $133,500
2023 $2,409 $154,900 $30,100 $124,800
2022 $2,086 $148,300 $23,500 $124,800
2021 $1,994 $142,100 $21,400 $120,700
2020 $1,975 $142,100 $21,400 $120,700
2019 $1,857 $133,300 $14,900 $118,400
2018 $1,760 $125,400 $12,400 $113,000
2017 $1,564 $121,100 $12,400 $108,700
2016 $1,488 $114,900 $12,400 $102,500
2015 $1,404 $114,900 $12,400 $102,500
2014 $1,404 $114,900 $16,900 $98,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2025 09/01/25 For Sale $325,000 -- $107 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

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Source: Roanoke Valley Association of REALTORS®

MLS Number: 920683

Roanoke Valley Association of REALTORS®

APN: 1020116

Virginia Roanoke City County Roanoke 24016 Old Southwest

429 Elm Ave SW, Roanoke, VA

This home is located at 429 Elm Ave SW, Roanoke, VA 24016 and is currently priced at $325,000, approximately $107 per square foot. This property was built in 1915. 429 Elm Ave SW is a home located in Roanoke City with nearby schools including Highland Park Elementary School, James Madison Middle School, and William Fleming High School.

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Jason Fountain
Listing Agent
Jason Fountain
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VRC PROPERTIES LLC
(540) 730-2827