518 Highland Avenue Southwest Roanoke, VA 24016

Building Details

Year Built

1909

Listing agency WALKER REAL ESTATE SOLUTIONS d***@walkercommercialservices.com Show Phone

Listed by DANIEL WICKHAM · License #0225228275 Show Phone

Source Compass

Added: Apr 20 Updated: Jul 20 at 6:54PM Checked: Jul 22 at 10:54AM

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Investment Insights

Based on property information with market context.

518 Highland Avenue SW is a remodeled historic three-unit multifamily property currently 100% occupied. The building offers a functional unit mix and is presented as a stabilized rental asset.

Located on a quiet, tree-lined street in Roanoke’s Old Southwest area, the property is described as being near downtown Roanoke and Grandin Village. The surrounding submarket is characterized in the remarks by strong tenant demand, limited rental inventory, and consistent occupancy.

As a three-unit residential income property, it is suited to buyers seeking a smaller multifamily structure with classic architectural character and ongoing tenant occupancy.

Key Highlights

• Remodeled historic three‑unit multifamily property built in 1909
• 100% occupied with the full three‑unit property leased
• Wood siding exterior

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FAQs

What type of property is this?

Triplex - Remodeled historic three-unit property is 100% occupied and positioned for steady residential income.

Where is this triplex located?

The property is located at 518 Highland Avenue Southwest Roanoke, VA.

What is the asking price?

The asking price for this property is $310,000.

What are key features of this property?

This property features: Remodeled historic three‑unit multifamily property built in 1909; 100% occupied with the full three‑unit property leased; Wood siding exterior