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Historic Brick Duplex with Porches
For Sale
$355,000
Pending

376 Allison Ave SW, Roanoke, VA 24016

MULTI_FAMILY - Roanoke, VA

Property SizeContact for details
Lot Size0.15 Acres
Days on Market65

Property Features for 376 Allison Ave SW

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Basement Walk-Out Access, Full
Subdivision Old Southwest
Elementary school Highland Park
Middle school James Madison
High school Patrick Henry
Directions Franklin Rd SW to Allison Ave SW, Property on Left
Standard status Pending
APN 1030402
Lot size 0.15 Acres

Taxes and HOA fees

Tax Annual Amount 4500

Utilities

Sewer type Public Sewer
Heating system Other (Heating), Natural Gas
Water source Public

Amenities

front porches
back deck
detached garage
laundry hookups

Building Details

Year built 1910
Number of units 2
Building materials Brick, Vinyl Siding
Listing Agency: KELLER WILLIAMS REALTY ROANOKE
Listed By: MICHAEL BRANDON BELCHER · License #0225259605
Added: Jun 29 Changed: Aug 17 Last Checked: Sep 1 at 11:06AM
MLS# 928947

Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This historic brick duplex at 376 Allison Ave SW was built circa 1910 and is currently vacant. The property features charming front porches, a back deck, and generously sized layouts. Each unit is over 2,000 SF and includes an oversized dining room that could be used to create a third bedroom. A flexible sunroom or office adds versatility to each side, supporting true 3BR/1BA potential.

The full unfinished basement includes laundry hookups and additional room that could be finished for a third income unit. A detached garage offers extra storage, with room for some TLC. Heating is provided via natural gas, and utilities include public water and public sewer.

With multiple configuration possibilities across both units and the basement, this property supports several living or income strategies, whether restoring it for single-family use or preparing it for continued rental income.

Key Highlights

  • Brick duplex built circa 1910 in Roanoke, VA
  • Over 2,000 SF per unit with oversized dining room for third bedroom potential
  • Front porches plus back deck, with flexible sunroom/office in each unit

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Butcher Clothing & Fashion Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

2,179
Businesses Nearby

Demographics for 24016, VA

9,371
Population
5,602
Households
1.7
Avg Household Size
36
Median Age
26%
College-Educated
88%
High-School Grad
3.0 sq mi
ZIP Area
3,124
Density / Sq Mi
$43,727
Median Household Income
$35,936
Median Earnings
$972
Median Rent
$118,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Historic brick duplex featuring spacious units, front porches, a back deck, and public utilities.
Where is this duplex located?
The property is located at 376 Allison Ave SW Roanoke, VA.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Brick duplex built circa 1910 in Roanoke, VA; Over 2,000 SF per unit with oversized dining room for third bedroom potential; Front porches plus back deck, with flexible sunroom/office in each unit
More about this property
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