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Riverdale Home for Sale

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    $369,000

    • 4 Beds
    • 3 Baths
    • 3,343 Sq Ft

    1649 Padbury Ave SE, Roanoke, VA 24014

    Welcome home! This beautifully renovated brick ranch situated between two extra lots ideal for anyone looking to sustain a garden or subdivide and build another home or two. Offering 4 bedrooms and 3 full baths a covered front porch and attached carport for plenty of off street parking with a huge wrap around deck perfect for outdoor entertaining and taking in beautiful mountain views. Inside,

    Andre Palmer PALMER REALTY GROUP LLC

    1649 Padbury Ave SE, Roanoke, VA 24014

Why Live in Riverdale

Riverdale, a neighborhood in southeast Roanoke, is situated approximately 2 miles from downtown. The area faces challenges related to substance abuse and homelessness, exacerbated by the pandemic. However, the upcoming Riverdale project aims to revitalize the former Roanoke Industrial Center into a mixed-use facility with housing, restaurants, art studios, and recreational features like pickleball courts. This project, set to complete by 2040, promises to enhance the neighborhood's appeal. Riverdale offers convenient access to the Roanoke River Greenway, with entrances on Underhill Avenue and Bennington Street providing scenic paths for biking, running, and leisurely strolls. Golden Park, with its playground, basketball court, and open green space, is another local highlight. The neighborhood features a mix of historic properties and new constructions, including early 20th-century Cape Cods and bungalows alongside Colonial Revivals. Riverdale is budget-friendly, with homes ranging from fixer-uppers to new builds. Renters are also well-accommodated, with options like the Mount Pleasant Villas Apartment Complex. Bennington Place, the neighborhood's shopping center, includes a Food Lion grocery store, a nail salon, and an e-cigarette shop. For more dining and entertainment options, residents often venture to downtown Roanoke. The neighborhood is served by Roanoke City Public Schools. Major roads like Bennington Road and U.S. Interstate 581 provide easy access to surrounding areas, while the Roanoke-Blacksburg Regional Airport is about 8 miles away.

Frequently Asked Questions

Is Riverdale a good place to live?
Riverdale is a good place to live. Riverdale is considered very car-dependent and somewhat bikeable with minimal transit options. Riverdale has 3 parks for recreational activities. It is fairly sparse in population with 3.2 people per acre and a median age of 33. The average household income is $29,177 which is below the national average. College graduates make up 3.9% of residents. A majority of residents in Riverdale are renters, with 58.1% of residents renting and 41.9% of residents owning their home. A local real estate agent serving Riverdale can help you decide if this neighborhood is the right one for you. Learn more on our Riverdale neighborhood guide.
How much do you need to make to afford a house in Riverdale?
The median home price in Riverdale is $210,000. If you put a 20% down payment of $42,000 and had a 30-year fixed mortgage with an interest rate of 6.56%, your estimated principal and interest payment would be $1,070 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $46K a year to afford the median home price in Riverdale. The average household income in Riverdale is $29K.
What are the best public schools in Riverdale?
The best public schools that serve Riverdale are:
What are the most popular zip codes in Riverdale, Roanoke, VA?
The most popular zip codes in Riverdale, Roanoke, VA include 24014, 24013, 24179, 24017 and 24012.
What are the most popular neighborhoods near Riverdale, Roanoke, VA?
The most popular neighborhoods near Riverdale, Roanoke, VA are Morningside, Kenwood, Garden City, Fallon and Belmont.

Home Trends in Riverdale, VA

Housing Trends

Median Sale Price
$205,000
Median Single Family Sale Price
$205,000
Average Price Per Sq Ft
$167
Number of Homes for Sale
1
Last 12 months Home Sales
20
Months of Supply
0.60
Median List Price
$210,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%
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