For sale

350 Mountain Ave SW

Roanoke, VA 24016

$303,000, Reduced $12,000

  • 0.1acres
  • 1939built

Listed by Wainwright & Co., REALTORS®- Lake

About this home.

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.

Facts and features.

The home

Type
Multi-family (Duplex)

Inside

Basement
Dirt Floor, Partial

Outside and lot

View
city

Utilities

Heating
Heat Pump Electric
Cooling
Central Air
Water source
Public

Community

HOA dues
None
County
City Of Roanoke County

The listing

Source
Roanoke Valley Association of REALTORS® MLS #930662

Price and status history.

82

days on market

DateEventPrice
Nov 13, 2026Price reduced$303,000
Oct 16, 2026Price reduced$304,000
Sep 20, 2026Price reduced$309,000
Aug 23, 2026Listed for sale$315,000

Location.

350 Mountain Ave SW, Roanoke, VA 24016

Estimate a monthly payment.

Every number below is yours to change. The interest rate is an example, not a quote.

$1,853/mo

Principal and interest
$1,532
Property tax
$221
Home insurance
$100
HOA dues
None listed

Loan amount $242,400

Example rate only. Change it to the rate a lender offers you.

From the listing. Taxes can change after a sale.

Example. Use your quote.

An estimate for planning only. It is not a loan offer or a rate quote, and it leaves out mortgage insurance and closing costs. A lender can give you exact numbers.

Listing information

Listing courtesy of Wainwright & Co., REALTORS®- Lake.

Displayed by GRAVITY Real Estate Group.

Information last updated .

Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed and should be independently verified. Listings are courtesy of the listing brokerage shown with each property.

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