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Old Southwest Homes for Sale

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  • /2

    $485,962

    • 4,365 Sq Ft

    1215 Franklin Rd SW, Roanoke, VA 24016

    All occupied.

    Courtnee Bishop MKB, REALTORS(r)

    1215 Franklin Rd SW, Roanoke, VA 24016
  • /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.

    Courtnee Bishop MKB, REALTORS(r)

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

    $349,000

    • 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

    $285,000

    • 3 Beds
    • 2.5 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

    $310,000

    • 2,508 Sq Ft

    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. 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 Grandin Village, the asset benefits

    Daniel Wickham WALKER REAL ESTATE SOLUTIONS

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

    $475,000

    • 2,952 Sq Ft

    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(r)

    430 Day Ave SW, Roanoke, VA 24016
  • /46

    $375,000

    • 5,478 Sq Ft

    376 Allison Ave SW, Roanoke, VA 24016

    Huge, beautiful historic duplex in Old Southwest! Built circa 1910, this brick beauty features soaring ceilings, charming front porches, and a back deck. Each unit is over 2,000 SF with an oversized dining room that could easily become a 3rd bedroom, plus a flexible sunroom/office--giving each side true 3BR/1BA potential. The full unfinished basement offers laundry hookups and room to finish into

    Michael Belcher KELLER WILLIAMS REALTY ROANOKE

    376 Allison 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(r)

    328 Mountain Ave SW, Roanoke, VA 24016
  • /77

    $356,000

    • 5 Beds
    • 3 Baths
    • 3,929 Sq Ft

    614 Day Ave SW, Roanoke, VA 24016

    Open House--Sun, June 26. 2 pm- 4 pm. Historic charm meets modern convenience in this beautifully preserved brick home. Rich with original character, you'll find hardwood floors, stunning oak millwork, pocket doors, transom windows, soaring ceilings, grand cased openings, multiple fireplaces, and a sweeping staircase. Spacious formal living and dining rooms, a sunroom, and generous living areas

    Paige Williams KELLER WILLIAMS REALTY - NRV

    614 Day 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(r)

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

    $6,000

    • Land
    • 4,356 Sq Ft
    • $60,000 per Acre

    0 5th St SW, Roanoke, VA 24016

    Conveniently located lot in NW. Close proximity to downtown Roanoke. Zoned RM-1.

    Emma Bailey MAC WESTLAND REAL ESTATE GROUP

    0 5th St SW, Roanoke, VA 24016
  • /57

    $374,000

    • 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(r) - OAK GROVE

    519 Woods Ave SW, Roanoke, VA 24016
  • /25

    $172,000

    • 2 Beds
    • 1 Bath
    • 1,196 Sq Ft

    1139 2nd St SW Unit 3, Roanoke, VA 24016

    Mill Mountain views through huge windows. The character of 1930 with conveniences of today. Walk to Radford U-Carilion, downtown, or the Medical research center. Property is a condominium located in a multi-unit building close to downtown. Parking located right at your back door!

    Karin Colozza MKB, REALTORS(r)

    1139 2nd St SW Unit 3, Roanoke, VA 24016
  • /54

    $419,950

    • 4 Beds
    • 2.5 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(r)

    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

    $425,000

    • 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(r)

    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(r)

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

    $250,000

    • 2,357 Sq Ft

    406 Mountain Ave SW, Roanoke, VA 24016

    2 vacant, 2 occupied.

    Courtnee Bishop MKB, REALTORS(r)

    406 Mountain Ave SW, Roanoke, VA 24016
  • /61

    $375,000

    • 6 Beds
    • 3 Baths
    • 2,710 Sq Ft

    1338 Clarke Ave SW, Roanoke, VA 24016

    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, fireplace, massive space, rent out top floor, perfect spot for multigenerational living! This stunning 5-bedroom with finished upstairs, 3-bath home seamlessly blends

    Frazier Hughes WALKER REAL ESTATE SOLUTIONS

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

    $495,000

    • 4 Beds
    • 2.5 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(r)

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

    $469,000

    • 3,128 Sq Ft

    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 tenant-occupied. Income

    Jason Fountain, CCIM INVESTORS REAL ESTATE PARTNERS LLC

    433 Albemarle 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 Home Prices vs. Nearby Roanoke, VA Neighborhoods

Old Southwest Downtown Roanoke Raleigh Court Wasena
Median Home Price
$317,475
$249,950
$339,950
$275,000
Median Sale Price
$300,975
-22% YoY
$225,000
-10% YoY
$315,000
-6% YoY
$277,000
-4% YoY
Median Single Family Price
$365,000
--
$344,000
$264,500
Median Townhouse Price
$165,000
$236,500
$199,950
$314,950
Total Active Listings
14
3
25
7
Market Conditions
7 Months of Supply
Buyer's Market
7 Months of Supply
Buyer's Market
2 Months of Supply
Seller's Market
4 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.
Is Old Southwest, VA a safe neighborhood?
Old Southwest, VA is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Old Southwest?
The median home price in Old Southwest is $317,475. If you put a 20% down payment of $63,500 and had a 30-year fixed mortgage with an interest rate of 6.66%, your estimated principal and interest payment would be $1,630 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $70K 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 Wasena, South Roanoke, Belmont, Riverland-Walnut Hill and Franklin-Colonial.
Are home prices dropping in Old Southwest?
Yes, home prices in Old Southwest are down 17% in the last 12 months.
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