Sold

520 Riverland Rd SE

Roanoke, VA 24014

Sold for $212,500

on Jan 15, 2026

  • 0.16acres
  • 1924built

Listed by Mkb, REALTORS®

About this home.

Prime investment opportunity just a mile to Carilion Roanoke Memorial Hospital and minutes to South Roanoke, downtown amenities, retail, and the Greenway. This classic up/down duplex offers two vacant 2BR/1BA units with strong income potential and flexible rental strategies. The location creates natural demand for mid-term stays from medical professionals and visitors needing short stays close to the hospital. Simple layouts, low upkeep, and multiple revenue paths give this property a standout upside for a focused investment approach. Income options include mid-term stays, furnished rentals, and Airbnb-style hosting due to location advantages.

Facts and features.

The home

Type
Multi-family (Duplex)

Inside

Basement
Full
Interior features
Ceiling Fan(s), Storage

Outside and lot

Zoning
RM-1

Utilities

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

Community

HOA dues
None
County
City Of Roanoke County

The listing

Annual tax
$1,943 (from the listing)
Source
Roanoke Valley Association of REALTORS® MLS #923348

Price and status history.

7

days on market

94%

of the original asking price

DateEventPrice
Jan 15, 2026Sold$212,500
Dec 10, 2025Listed for sale$224,950

Location.

520 Riverland Rd SE, Roanoke, VA 24014

Listing information

Listing courtesy of Mkb, REALTORS®.

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.

Own a home nearby?

What's yours worth?

Sales like this one set the price of the homes around it. Tell us about yours, and we will prepare an estimate from recent nearby sales.

Get a home value estimate