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Old Southwest Homes for Sale

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  • /58

    $90,000

    • 4 Beds
    • 5 Baths
    • 4,012 Sq Ft

    845 Day Ave SW, Roanoke, VA 24016

    Investor Special! Duplex or single-family opportunity in a prime location. Classic early-20th-century brick Four Square loaded with original character, featuring an unfinished attic, unfinished basement, two off-street parking spaces and a covered carport'' offering excellent value-add potential. Minutes from downtown, Grandin Court, shopping and dining. Sold as-is and priced for a full

    Derek Eisenberg CONTINENTAL REAL ESTATE GROUP INC

    845 Day Ave SW, Roanoke, VA 24016
  • /2

    $487,933

    • 3,869 Sq Ft

    917 1st St SW, Roanoke, VA 24016

    Investment property, conveniently located close to community hospital and downtown.3 occupied, 5 vacant

    Courtnee Bishop MKB, REALTORS®

    917 1st St SW, Roanoke, VA 24016
  • /36

    $319,950

    $29K PRICE DROP
    • 2,137 Sq Ft

    1314 Maple Ave SW, Roanoke, VA 24016

    Beautiful downtown Roanoke office property that has been proudly owned and occupied by the same family business for many years. This well-maintained space offers a unique opportunity for an owner-user, investor, or entrepreneur seeking a prime downtown location. The property is currently owner-occupied and has never been leased, presenting strong potential as an income-producing rental investment

    David Thompson EXP REALTY LLC - STAFFORD

    1314 Maple Ave SW, Roanoke, VA 24016
  • /18

    $274,950

    $35K PRICE DROP
    • 3 Beds
    • 3 Baths
    • 2,125 Sq Ft

    545 Day Ave SW, Roanoke, VA 24016

    Tons of charm and character with this Victorian in Old Southwest. Great walkability to nearby restaurants, gym, and Jefferson Center! Fenced rear yard, beautiful front porch, and Sunroom overlooking rear deck and yard. The living space is comfortably laid out with the first floor featuring a large kitchen, a great family room, and space for a dining room/office/bedroom. High ceilings and large

    Jay Kilby RE/MAX ALL STARS

    545 Day Ave SW, Roanoke, VA 24016
  • /4

    $275,000

    $35K PRICE DROP

    518 Highland Ave SW, Roanoke, VA 24016

    518 Highland Avenue SW is a remodeled historic, 100% occupied, three-unit multifamily located in Roanoke's highly desirable Old Southwest neighborhood. a short walk to Highland Park, the property offers a functional unit mix within a submarket known for strong tenant demand, limited rental inventory, and consistent occupancy. Situated on a quiet, tree-lined street near downtown Roanoke and

    Daniel Wickham WALKER REAL ESTATE SOLUTIONS

    518 Highland Ave SW, Roanoke, VA 24016
  • /14

    $435,000

    $40K PRICE DROP

    430 Day Ave SW, Roanoke, VA 24016

    Duplex. 2 Bedroom unit. Side enclosed sun room. Wrap Around porch. Original natural ''tiger oak'' woodwork including doors with original brass escutcheon plates and knobs, windows, baseboards, trim and a mirrored mantle. Original heart-of-heart tongue and grove floors with original wide baseboards throughout the home. Tall ceilings, doorways and large windows add to the feeling of spaciousness.

    David McCray MKB, REALTORS®

    430 Day Ave SW, Roanoke, VA 24016
  • /21

    $675,000

    813 Ferdinand Ave SW, Roanoke, VA 24016

    Great opportunity to own a multi-family investment in Southwest Roanoke. Ideal location with the new Wasena Bridge near completion and close proximity to Downtown Roanoke and Roanoke Memorial Carilion. 8 apartment building with 5 units currently rented. Value-add opportunity. All 1 bedroom | 1 bathroom units. Coin operated washer and dryer. Preliminary financials with outstanding information

    Gavin Hollingsworth EDWIN C HALL ASSOCIATES INC

    813 Ferdinand Ave SW, Roanoke, VA 24016
  • /11

    $315,000

    350 Mountain Ave SW, Roanoke, VA 24016

    Fantastic investment opportunity in a convenient Roanoke location! This charming duplex is just blocks from Jefferson College of Health Sciences and is ideally positioned for traveling nurses, healthcare professionals, and both short- and long-term rental opportunities. Convenient to downtown Roanoke, restaurants, shopping, parks, and area amenities. Beautiful hardwood floors add to the charm of

    Jodi Stiles WAINWRIGHT & CO., REALTORS®- LAKE

    350 Mountain Ave SW, Roanoke, VA 24016
  • /25

    $270,250

    • 5 Beds
    • 2 Baths
    • 2,324 Sq Ft

    328 Mountain Ave SW, Roanoke, VA 24016

    Vacant

    Courtnee Bishop MKB, REALTORS®

    328 Mountain Ave SW, Roanoke, VA 24016
  • /35

    $324,950

    434 Allison Ave SW, Roanoke, VA 24016

    Fully leased, well-maintained triplex located less than one mile from the Carilion Medical Center and vibrant downtown Roanoke, with proximity to Highland Park and the Greenway system. Situated on a corner lot in the Old Southwest Historic District, this property features charming finishes, including high ceilings, French doors, decorative fireplaces, and covered porches. Hardwood floors, tons of

    Valerie Eagle PARK PLACE REALTY INC

    434 Allison Ave SW, Roanoke, VA 24016
  • /26

    $389,000

    • 4 Beds
    • 3 Baths
    • 2,585 Sq Ft

    416 Day Ave SW, Roanoke, VA 24016

    Vacant.

    Courtnee Bishop MKB, REALTORS®

    416 Day Ave SW, Roanoke, VA 24016
  • /57

    $349,000

    • 4 Beds
    • 2.5 Baths
    • 2,747 Sq Ft

    519 Woods Ave SW, Roanoke, VA 24016

    Charm and character shine at 519 Woods Ave in Old Southwest! Nestled on a tree-lined street perfect for evening strolls and just minutes from beautiful Downtown Roanoke, this home is full of warmth, style, and inviting spaces. Relax with your morning coffee on the lovely wraparound front porch and enjoy all the charm this special home has to offer. The entry level features a spacious living room

    Jackie Boyd MKB, REALTORS® - OAK GROVE

    519 Woods Ave SW, Roanoke, VA 24016
  • /50

    $419,950

    $15K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 3,004 Sq Ft

    346 Allison Ave SW, Roanoke, VA 24016

    Outstanding views of the Roanoke Star await you from your primary bedroom suite private porch. This classic, Roanoke, brick four square with double decker front porches, fenced private back yard, high ceilings, original character thorughout and additional second story porch (with porch swing) invites you to relax and unwind in splendorous historical Roanoke charm. Nearby amenities include the

    Ashley Donahue WAINWRIGHT & CO., REALTORS®

    346 Allison Ave SW, Roanoke, VA 24016
  • /53

    $458,000

    • 4 Beds
    • 2.5 Baths
    • 2,668 Sq Ft

    609 Allison Ave SW, Roanoke, VA 24016

    This beautiful, stately Four Square home truly embodies historical Old Southwest. The attention to detail is evident walking through the front door: cascading staircase, historical fireplace and mantle, original hardwood floors, tall glass French doors, wonderful high ceilings. The flow and layout give rooms a spacious feel, which also makes them quite versatile. The generously-sized kitchen is

    Mickey Garland LONG & FOSTER - ROANOKE OFFICE

    609 Allison Ave SW, Roanoke, VA 24016
  • /18

    $385,000

    $40K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 1,322 Sq Ft

    361 Day Ave SW Unit & 361B, Roanoke, VA 24016

    Recently Renovated House in Historic Old Southwest. Updated kitchen, baths, refinished hardwood floors, wrap-around porch. Includes the 460+- SF accessory apartment located in the rear of the property (includes, 1 BR, bath, kitchen, central heat and air). Minutes from Carilion, YMCA, Downtown Roanoke. Perfect for Carilion med students.

    David McCray MKB, REALTORS®

    361 Day Ave SW Unit & 361B, Roanoke, VA 24016
  • /73

    $469,500

    • 3 Beds
    • 2.5 Baths
    • 2,758 Sq Ft

    425 Day Ave SW, Roanoke, VA 24016

    Live downtown on one of the area's most admired streets, known for its stunning renovations! This beautifully remodeled Victorian offers 3 bedrooms, upstairs office & laundry, 2.1 baths, and a welcoming wraparound porch. Step into the foyer and you'll immediately feel the charm and character. Main level features formal living & dining rooms, cozy family room with fireplace, and updated kitchen

    Alison O'Brien MKB, REALTORS®

    425 Day Ave SW, Roanoke, VA 24016
  • /5

    $237,500

    $13K PRICE DROP

    406 Mountain Ave SW, Roanoke, VA 24016

    1 occupied, 3 vacant.

    Courtnee Bishop MKB, REALTORS®

    406 Mountain Ave SW, Roanoke, VA 24016
  • /60

    $349,999

    $25K PRICE DROP
    • 6 Beds
    • 3 Baths
    • 2,710 Sq Ft

    1338 Clarke Ave SW, Roanoke, VA 24016

    Motivated Seller! All Offers Considered! Zoned RM-2 and A great investment opportunity with 6 bedrooms! Lots of great uses (confirm with city/see documents) Straight View of Mill Mountain Star In This Massively revamped old Southwest beauty, zoned RM2 for potential business endeavors Homestay, Multifamily/Duplex, and more! Live on first floor, with formal dining room, large living room,

    Frazier Hughes WALKER REAL ESTATE SOLUTIONS

    1338 Clarke Ave SW, Roanoke, VA 24016
  • /15

    $455,000

    $40K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,342 Sq Ft

    415 Day Ave SW, Roanoke, VA 24016

    Beautiful historic house. Four bedrooms, 2.5 baths, two fireplaces, hardwood floors, high ceilings, modern appliances, granite countertops, 2-story rear deck with mountain and city views. Front porch, gas heat, central a/c. Walking distance to Downtown.

    David McCray MKB, REALTORS®

    415 Day Ave SW, Roanoke, VA 24016
  • /9

    $469,000

    433 Albemarle Ave SW, Roanoke, VA 24016

    Stabilized 6-unit multifamily with a 7.00% cap rate on current income and projected 8.00% at market rents.Current NOI of $33,421 grows to $37,522 with modest rent adjustments on a tenant-occupied, income-producing asset in Roanoke's established Old Southwest neighborhood.Mix of 1BR and 2BR units including garage apartments with strong tenant retention. Stabilized and

    Jason Fountain, CCIM INVESTORS REAL ESTATE PARTNERS LLC

    433 Albemarle Ave SW, Roanoke, VA 24016
  • /42

    $300,000

    • 4 Beds
    • 2 Baths
    • 2,130 Sq Ft

    1412 Maple Ave SW, Roanoke, VA 24016

    There's just something so special about an Old Southwest Home--and this one has the charm to prove it! Built in 1910, thisinviting 4 bedroom, 2 bath home blends classic character, with modern updates. Featuring beautiful timeless details, hardwood floors, two fireplaces, and anupdated kitchen with stainless steel appliances, and soapstone countertops. The wraparound front porch may be the

    Stephanie Lawrence MKB, REALTORS®

    1412 Maple Ave SW, Roanoke, VA 24016

Why Live in Old Southwest

Old Southwest in Roanoke is the largest residential historic district in Virginia, featuring a mix of vintage homes and local dining options with views of the Blue Ridge Mountains. Located just a mile from downtown Roanoke, the neighborhood includes the historic Alexander Gish House, office buildings and public green spaces. The Old Southwest Neighborhood Association actively organizes community events, such as block parties and holiday light contests, and maintains historic properties. Housing primarily consists of single-family homes, including American Foursquares and Victorian shingle homes from the early 1900s, with some condos and multi-unit apartment buildings also available. The neighborhood is known for its close-knit community and historic charm, and homes often feature rounded shrubbery and concrete walkways. Highland Park serves as the central hub for outdoor activities, offering a disc golf course, soccer field, basketball courts, tennis courts, playground, skate park and an off-leash dog park. For dining, residents frequent Albemarle Bakery and Coffee House, Evie’s Bistro and Bakery, and Lews Restaurant. Sunnyside Market provides grab-and-go conveniences in the neighborhood, and larger retailers like Kroger, Walmart and Target are a short drive away. Children in Old Southwest often attend Highland Park Elementary, James Madison Middle and Patrick Henry High. Transportation is convenient with nearby bus stops, a passenger train station a mile northeast, and access to Interstate 581 and Interstate 81.

Old Southwest, Roanoke, VA Home Prices vs. Nearby Neighborhoods

Old Southwest Downtown Roanoke Raleigh Court Wasena
Median Home Price
$337,000
$245,000
$329,950
$279,475
Median Sale Price
$299,950
-24% YoY
$230,000
-8% YoY
$300,000
-10% YoY
$277,000
+1% YoY
Median Single Family Price
$349,499
$575,000
$322,500
$279,000
Median Townhouse Price
$158,000
$230,000
$179,900
$304,950
Total Active Listings
15 listings
3 listings
30 listings
6 listings
Market Conditions
7 Months of Supply
Buyer's Market
5 Months of Supply
Balanced Market
3 Months of Supply
Seller's Market
3 Months of Supply
Seller's Market

Frequently Asked Questions

Is Old Southwest a good place to live?
Old Southwest is a good place to live. Old Southwest is considered fairly walkable and very bikeable with some transit options. Old Southwest has 2 parks for recreational activities.It is somewhat dense in population with 9.0 people per acre and a median age of 38. The average household income is $49,997 which is below the national average. College graduates make up 42.2% of residents. A majority of residents in Old Southwest are renters, with 78% of residents renting and 22% of residents owning their home. A local real estate agent serving Old Southwest can help you decide if this neighborhood is the right one for you. Learn more on our Old Southwest neighborhood guide.
How much do you need to make to afford a house in Old Southwest?
The median home price in Old Southwest is $337,000. If you put a 20% down payment of $67,400 and had a 30-year fixed mortgage with an interest rate of 6.76%, your estimated principal and interest payment would be $1,750 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $75K a year to afford the median home price in Old Southwest. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Old Southwest is $50K.
What are the best public schools in Old Southwest?
The best public schools that serve Old Southwest are:
What are the best private schools in Old Southwest?
The best private schools that serve Old Southwest are:
What are the most popular zip codes in Old Southwest, Roanoke, VA?
The most popular zip codes in Old Southwest, Roanoke, VA include 24016, 24015, 24012, 24013 and 24014.
What are the most popular neighborhoods near Old Southwest, Roanoke, VA?
The most popular neighborhoods near Old Southwest, Roanoke, VA are Downtown Roanoke, Wasena, South Roanoke, Mountain View and Belmont.
Are home prices dropping in Old Southwest?
Yes, home prices in Old Southwest are down 22% in the last 12 months.
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