Under contract

518 Highland Ave SW

Roanoke, VA 24016 · Gishland

$275,000, Reduced $35,000

  • 0.15acres
  • 1909built

Listed by Walker Real Estate Solutions

About this home.

518 Highland Avenue SW is a remodeled historic, 100% occupied, three-unit multifamily located in Roanoke's highly desirable Old Southwest neighborhood. a short walk to Highland Park, 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 from long-term rental stability and classic architectural character.

Facts and features.

The home

Type
Multi-family (Triplex)

Inside

Basement
Dirt Floor

Outside and lot

Zoning
RM1

Utilities

Heating
Radiator Gas Heat
Cooling
Window Unit(s)
Water source
Public

Community

Subdivision
Gishland
HOA dues
None
County
City Of Roanoke County

The listing

Source
Roanoke Valley Association of REALTORS® MLS #927046

Price and status history.

140

days on market

DateEventPrice
Sep 23, 2026Under contract$275,000
Apr 29, 2026Listed for sale$310,000

Location.

518 Highland 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.

$1,770/mo

Principal and interest
$1,391
Property tax
$280
Home insurance
$100
HOA dues
None listed

Loan amount $220,000

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 Walker Real Estate Solutions.

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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