434 Allison AVE SW, Roanoke, VA 24016
$324,950
Property Type:
MultiFamily
Lot Size (sq. ft.):
6,534
Status:
Active
Current Price:
$324,950
List Date:
8/06/2026
Last Modified:
9/02/2026
Overview
Description
Listing Details MLS# 930151
Location, Tax & Legal
- Area
- 0130 - City of Roanoke - SW
- Street Number
- 434
- Street Name
- Allison
- Street Suffix
- AVE
- Street Direction Sfx
- SW
- State/Province
- VA
- Zip Code
- 24016
- Subdivision
- Old Southwest
- Municipality
- City of Roanoke
- Elementary School
- Highland Park
- Middle School
- James Madison
- High School
- Patrick Henry
- Major Area
- 01 - City of Roanoke
- Phase
- 0
- Lot
- Yes
- Block
- 9
- Tax ID
- 103-0301
- Annual Taxes
- 3124
- Section
- No
- POA Y/N
- No
General Property Description
- Multi-Family Type
- Triplex
- Construction Status
- Completed
- Year Built
- 1900
- Present Use
- Converted
- Number of Units
- 3
- # Unfurnished
- 3
- # Leased Units
- 3
- Gross Bldg SQFT
- 2856
- Lot Dimensions
- 50 x 130
- Total Acreage
- 0.15
- Basement Y/N
- Yes
- Parking Description
- On Street
- Operating Expense
- 19068
- Net Operating Income
- 16231
- Gross Income
- 35299
- Water Class
- N/A
- # Furnished
- 0
Miscellaneous Info
- Public Transport
- Yes
- Paid Utilities
- Gas & Water
Remarks & Misc
- Public Remarks
- 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 natural light, and exceptionally large closets. Additionally, the property is professionally managed, has no-paint aluminum siding, includes a master key system, and offers shared on-site laundry facilities for the tenants. Upgrades include new concrete walkways and stairs, new paint on exterior and in Unit B, and new dryer in common laundry, all in 2026.
- Directions
- From Franklin Rd N, Left on Allison. Home on Left at corner of 5th St.
Limited Service
- Not Limited Service
- Yes
More Information
Construction
- Aluminum
- Yes
Basement
- Partial
- Yes
Views
- Mountain(s)
- Yes
Heating
- Radiator Gas Heat
- Yes
Misc Features
- Current Lease
- Yes
- Laundry Facility
- Yes
- Pet Allowed
- Yes
- Walk to School
- Yes
Cooling
- Window Unit(s)
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Water Heater Type
- Tank
- Yes
Water Heater Energy
- Natural Gas
- Yes
Lease Type
- One Year
- Yes
- Month To Month
- Yes
Owner Expenses
- Gas
- Yes
- Management Fee
- Yes
- Water
- Yes
Interior Features
- Ceiling Fan(s)
- Yes
- Walk-In Closet(s)
- Yes
Internet Access
- Cable
- Yes
Tenant Expenses
- Cable TV
- Yes
- Electricity
- Yes
Property Features
Limited Service:
Not Limited Service
Construction:
Aluminum
Basement:
Partial
Heating:
Radiator Gas Heat
Cooling:
Window Unit(s)
Water Description:
Public
Sewer Description:
Public Sewer
Water Heater Type:
Tank
Water Heater Energy:
Natural Gas
Lease Type:
One Year; Month To Month
Owner Expenses:
Gas; Management Fee; Water
Interior Features:
Ceiling Fan(s); Walk-In Closet(s)
Misc Features:
Current Lease; Laundry Facility; Pet Allowed; Walk to School
Internet Access:
Cable
Views:
Mountain(s)
Tenant Expenses:
Cable TV; Electricity
Listing Office:
PARK PLACE REALTY INC
Last Updated: September - 02 - 2026
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