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Gainsboro Houses for Sale

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  • /14

    $141,950

    • 3 Beds
    • 1.5 Baths
    • 1,230 Sq Ft

    302 Patton Ave NW, Roanoke, VA 24016

    Great investment property or single family home. Currently tenant occupied. Lease runs through 8/31/25. Two story, with three bedrooms, one-full bath and one half bath. Features one bedroom on the main level, along with an eat-in-kitchen and large family room. Half bath on the main level. Two bedrooms upstairs with spacious full bath. Excellent corner lot and exterior led partial basement.

    Robert Hartman REALSTAR, REALTORS(r) LLC

    302 Patton Ave NW, Roanoke, VA 24016
  • /17

    $22,500

    • 2 Beds
    • 1 Bath
    • 524 Sq Ft

    330 Harrison Ave NW, Roanoke, VA 24016

    **ATTENTION HANDYMEN & BUILDERS!** This property has already started being renovated and is ready to be finished off with your plans & vision. Roof is less than 5 years old, NEW front porch with NEW vinyl shake siding, ALL NEW windows, NEW fencing, NEW copper plumbing to the street, with interior demo and some subflooring also completed. **Comes with 2,151 Sq. Ft Bonus Lot next

    Derek Greene The Greene Realty Group

    330 Harrison Ave NW, Roanoke, VA 24016
  • /16

    $249,950

    • 3 Beds
    • 1.5 Baths
    • 1,144 Sq Ft

    321 Patton Ave NW, Roanoke, VA 24016

    Wonderful home at a Great location. A few Blocks from Roanoke's Downtown where you will find many entertainment options, and government agencies. Ease access to Roanoke's main roads. This property has been fully renovated in 2025. New electrical system, new Plumbing, New roof, new walls, floors, new appliances and more. Come to see it for yourself. This one won't last long!

    Teresa Guzman LONG & FOSTER - ROANOKE OFFICE

    321 Patton Ave NW, Roanoke, VA 24016

Why Live in Gainsboro

Gainsboro, the oldest neighborhood in Roanoke, is rich in history and cultural significance, particularly as a hub for Black connection and advocacy during segregation. Key historical sites include the Gainsboro Branch Library, Burrell Memorial Hospital, and Hotel Dumas, which hosted legendary musicians like Louis Armstrong and Ella Fitzgerald. Today, the neighborhood remains a focal point for community events and resources, with the Gainsboro Neighborhood Organization actively working to preserve its heritage. Residents enjoy proximity to downtown Roanoke, just a mile south, where they can explore a variety of dining options, including Alejandro's Mexican Grill and Martin’s Downtown, as well as the Roanoke Co+op for local produce. Gainsboro features historic architecture, with homes dating back to the late 1800s and early 1900s, including cottages, American Foursquares, and duplexes. The area is on the city's list for home rehabilitation projects, aiming to boost homeownership. The Gainsboro Library, a community pillar, offers a collection of Black literature and hosts events celebrating Black history. The neighborhood's annual block party, sponsored by Coca-Cola, is a highlight, featuring fashion shows, raffles, and food vendors. Entranceway Park and the Lick Run Greenway provide green spaces, with the latter connecting residents to Washington Park, known for its athletic courts and upcoming pool renovation. Gainsboro Road, the main corridor, is set for pedestrian and cyclist-friendly improvements by 2025. The neighborhood is well-connected, with Valley Metro bus stops and access to Interstate 581. For longer trips, the Roanoke-Blacksburg Regional Airport is 4 miles northwest, and the Roanoke Amtrak station is about half a mile south.

Home Trends in Gainsboro, VA

Housing Trends

Median Sale Price
$133,250
Median Single Family Sale Price
$141,500
Median Townhouse Sale Price
$299,950
Average Price Per Sq Ft
$111
Number of Homes for Sale
5
Last 12 months Home Sales
12
Months of Supply
5.00
Median List Price
$141,950
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-28%
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