$92,500
SOLD JAN 17, 2025

508 5th St NW Roanoke, VA 24016

Harrison Neighborhood
-- Bed
-- Bath
1,598 Sq Ft
3,049 Sq Ft Lot

Recently Sold

$58 Per Sq Ft

29% Below List Price

142 Days on Market

Highlights

  • City View
  • No HOA
  • Forced Air Heating System

About This Home

As of January 2025

Attention all Investors , great opportunity to add to your portfolio . This duplex has 2 units with 2 bedrooms 1 bathroom each, newer appliances ,LVP and tile floors. Both units rented for $750 each in 2023.

Last Agent to Sell the Property

Kevin Westlake

KEYSTONE REALTY OF ROANOKE LLC License #0225183084 Listed on: 08/13/2024

Co-Listed By

Jason DeBord

KEYSTONE REALTY OF ROANOKE LLC License #0225218257

Last Buyer's Agent

Adam Stephenson

RE/MAX ALL STARS License #0225242154

RE/MAX ALL STARS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $507

Year Built

  • Built in 1902

Lot Details

  • Lot Dimensions are 36x78

Home Design

  • Duplex

Interior Spaces

  • 1,598 Sq Ft Home
  • City Views
  • Crawl Space

Schools

  • Lincoln Terrace Elementary School
  • Lucy Addison Middle School
  • Patrick Henry High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block PT LOTS 19-20 / 15

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Operating Expense $4,080
  • Gross Income $15,150
  • Net Operating Income $11,069

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$507

Year Built

Built in 1902

Lot Details

0

Listing Details

  • Heating System: Forced Air Gas
  • Type: Multi-Family
  • Has Basement: Crawl Space
  • Cooling System: None
  • Views: City
  • CondoAssocYN: No
  • Internet Access: Cable
  • Major Area: 01 - City of Roanoke
  • NumberUnfurnished: 2.00
  • Hoa2 Or Poa: No
  • TotalAnnualExpen: 4080.00
  • Water Class: N/A
  • Water Heater Energy: Electric
  • YardSign: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement YN: No

Garage/Parking

  • Parking Description: None

Utilities

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

Association/Amenities

  • Amenities Common: Cable TV

Lot Info

  • Lot Dimensions: 36x78
  • Property Group Id: 19990816212116581394000000
  • Lot: PT LOTS 19-20

Building Info

  • Year Built: 1902

Tax Info

  • Taxes (6 mo): 507.00

Multi Family

  • Tenant Pays: Cable TV, Electricity, Gas
  • Units In Building: 2.00
  • Multi Family Type: Duplex

MLS Schools

  • Elementary School: Lincoln Terrace
  • HighSchool: Patrick Henry
  • Middle School: Lucy Addison

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/17/2025 01/17/25 Sold $92,500 -15.8% $58 / Sq Ft
01/02/2025 01/02/25 Pending -- -- --
12/09/2024 12/09/24 Price Changed $109,900 -8.4% $69 / Sq Ft
10/11/2024 10/11/24 Price Changed $119,950 -4.0% $75 / Sq Ft
09/13/2024 09/13/24 Price Changed $125,000 -3.8% $78 / Sq Ft
08/13/2024 08/13/24 For Sale $129,950 +518.8% $81 / Sq Ft
10/29/2020 10/29/20 Sold $21,000 -29.9% $13 / Sq Ft View Prior Sale
08/31/2020 08/31/20 Pending -- -- --
07/27/2020 07/27/20 For Sale $29,950 +22.2% $19 / Sq Ft
05/15/2019 05/15/19 Sold $24,500 -18.2% $15 / Sq Ft View Prior Sale
04/30/2019 04/30/19 Pending -- -- --
03/15/2019 03/15/19 For Sale $29,950 -- $19 / Sq Ft
Source: Roanoke Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kevin Westlake

    Seller's Agent in 2025

    Kevin Westlake

    KEYSTONE REALTY OF ROANOKE LLC

    (540) 293-4822

    1 in this area

    27 Total Sales

    Kevin Westlake
    Section Image

  • J

    Seller Co-Listing Agent in 2025

    Jason DeBord

    KEYSTONE REALTY OF ROANOKE LLC

    (540) 588-3322

    2 in this area

    33 Total Sales

    Jason DeBord
    Section Image
  • Adam Stephenson

    Buyer's Agent in 2025

    Adam Stephenson

    RE/MAX

    (540) 494-7169

    3 in this area

    215 Total Sales

    Adam Stephenson
    Section Image

  • J

    Seller's Agent in 2020

    Jerry Cohen

    PARK PLACE REALTY INC

    (540) 520-8698

    79 Total Sales

    Jerry Cohen
    Section Image

  • M

    Buyer's Agent in 2020

    Mason McLeod

    LICHTENSTEIN ROWAN, REALTORS(r)

    (540) 597-5595

    6 Total Sales

    Mason McLeod
    Section Image
See All Agents

Map

Source: Roanoke Valley Association of REALTORS®

MLS Number: 910083

Roanoke Valley Association of REALTORS®

APN: 201-0525

Virginia Roanoke City County Roanoke 24016 Harrison

508 5th St NW, Roanoke, VA

Sold

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.

Nearby Homes