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Deborah F. Beran Inc

Smith Mountain Lake Real Estate for Sale

540-721-1488 | 540-529-4229 Cell
Deborah F. Beran Inc., Broker/Owner
ABR, CFSP, CLHMS, CRS, GRI, Guild Elite, MCNE
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350 Mountain AVE SW, Roanoke, VA 24016 (MLS# 930662)

350 Mountain AVE SW, Roanoke, VA 24016

$309,000
FOH Front Side 4 5 6 E34C3BC6-0B69-42A2-97B4-5748050D2399 IMG_6016 IMG_6017 IMG_6018 IMG_6019 Floor Plan
Property Type: MultiFamily Lot Size (sq. ft.): 4,356 Status: Active
Current Price: $309,000 List Date: 8/24/2026 Last Modified: 9/20/2026

Overview

Description

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 this property. The upper-level unit is currently rented on a yearly lease and features an upgraded bathroom and recently replaced water heater, while the lower-level unit is currently operated as a successful Airbnb. Both units have been recently and attractively furnished, and furnishings will convey with the sale, making this a great opportunity for an investor looking for a furnished, income-producing property. With consistent rental demand and an excellent location near Roanoke's medical and downtown corridor, this is a wonderful opportunity to add a versatile rental property to your invest ... (Read more) 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 this property. The upper-level unit is currently rented on a yearly lease and features an upgraded bathroom and recently replaced water heater, while the lower-level unit is currently operated as a successful Airbnb. Both units have been recently and attractively furnished, and furnishings will convey with the sale, making this a great opportunity for an investor looking for a furnished, income-producing property. With consistent rental demand and an excellent location near Roanoke's medical and downtown corridor, this is a wonderful opportunity to add a versatile rental property to your investment portfolio.

Listing Details MLS# 930662

Location, Tax & Legal

Area
0130 - City of Roanoke - SW
Street Number
350
Street Name
Mountain
Street Suffix
AVE
Street Direction Sfx
SW
State/Province
VA
Zip Code
24016
Subdivision
N/A
Municipality
City of Roanoke
Elementary School
Highland Park
Middle School
James Madison
High School
Patrick Henry
Major Area
01 - City of Roanoke
Phase
8
Lot
N W PT L 15
Block
18
Tax ID
102-1409
Annual Taxes
2652
Section
No
POA Y/N
No

General Property Description

Multi-Family Type
Duplex
Construction Status
Completed
Year Built
1939
Number of Units
2
# Furnished
2
# Leased Units
2
Gross Bldg SQFT
2132
Total Acreage
0.1
Basement Y/N
Yes
Parking Description
Private (1 - 9)
Water Class
N/A
# Unfurnished
0
Gross Income
0

Remarks & Misc

Public Remarks
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 this property. The upper-level unit is currently rented on a yearly lease and features an upgraded bathroom and recently replaced water heater, while the lower-level unit is currently operated as a successful Airbnb. Both units have been recently and attractively furnished, and furnishings will convey with the sale, making this a great opportunity for an investor looking for a furnished, income-producing property. With consistent rental demand and an excellent location near Roanoke's medical and downtown corridor, this is a wonderful opportunity to add a versatile rental property to your investment portfolio.
Directions
Elm Street, to L onto Franklin, to R onto Mountain Ave, Duplex is on the left

Limited Service

Not Limited Service
Yes

Construction

Cement
Yes
Vinyl
Yes

More Information

Basement

Dirt Floor
Yes
Partial
Yes

Views

City
Yes

Heating

Heat Pump Electric
Yes

Misc Features

Current Lease
Yes
Maint-Free Exterior
Yes

Cooling

Central Air
Yes

Water Description

Public
Yes

Sewer Description

Public Sewer
Yes

Water Heater Energy

Electric
Yes

Amenities Common

Cable TV
Yes

Owner Expenses

Lawn Care
Yes
Sewer
Yes
Water
Yes

Internet Access

Cable
Yes

Tenant Expenses

Electricity
Yes

Property Features

Limited Service: Not Limited Service Construction: Cement; Vinyl Basement: Dirt Floor; Partial Heating: Heat Pump Electric Cooling: Central Air Water Description: Public Sewer Description: Public Sewer Water Heater Energy: Electric Amenities Common: Cable TV Owner Expenses: Lawn Care; Water Misc Features: Current Lease; Maint-Free Exterior Internet Access: Cable Tenant Expenses: Electricity
Listing Office: WAINWRIGHT & CO., REALTORS®- LAKE
Last Updated: September - 20 - 2026
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.

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Your Smith Mountain Lake Properties Professional:

Deborah F. Beran Inc.
dba Deb Beran Properties
6655 Scruggs Road
Moneta, VA 24121
540-721-1488 Office
540-529-4229 Cell

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  • Licensed in the Commonwealth of Virginia
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  • Member of the Roanoke Valley Association of REALTORS®
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