Sold
Last Sold Price
219 E Ridgeway St, Clifton Forge, VA 24422
Multi FamilyProperty Type
1897Year Built

Description

Incredible Investment Opportunity:-Handyman special. A 5-Unit Apartment Building Just Moments Away from Downtown Clifton Forge! Offering great investment potential this property offers an opportunity for generating substantial income. Currently, three of the units are occupied, while the remaining two units require some renovations. Additionally, the sale of this property includes two extra lots and spacious basement. Each unit is equipped with its own dedicated 100 AMP electrical service and baseboard...Incredible Investment Opportunity:-Handyman special. A 5-Unit Apartment Building Just Moments Away from Downtown Clifton Forge! Offering great investment potential this property offers an opportunity for generating substantial income. Currently, three of the units are occupied, while the remaining two units require some renovations. Additionally, the sale of this property includes two extra lots and spacious basement. Each unit is equipped with its own dedicated 100 AMP electrical service and baseboard electric heating. Exterior wall- Faux Brick. There is option of package deal with properties on 617 Church / 616 Church/ 617 Jefferson / 809 Brussels Ave
  • Listed by: DOMINIKA WILLIAMS • HIGHLANDS REALTY & ASSOCIATES LLC
Listing closed: 04/09/2024 12:00 AM • Source: Roanoke Valley Association of REALTORS, MLS#: 901605

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Recent comparable sales

Median sold price

$66,000

Avg days on market

56

Sale-to-list ratio

89.7%

Clifton Forge, VA

9 comparable properties found

$30,000 | 617 Rose Avenue, Unit 2, Clifton Forge, VA 24422
1/31
1

$30,000

Sold 08/12/26

5
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
$57,000 | 422 West Ridgeway Street, Clifton Forge, VA 24422
1/21
2

$57,000

Sold 07/09/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.17
Acres
front view of a building with a yard
1/32
3

$125,000

Sold 04/25/25

3
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
Unavailable
Acres
a view of park
1/7
4

$66,000

Sold 03/03/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5
Acres
front view of a house with a yard
1/31
5

$255,000

Sold 12/19/24

5
Bedrooms
3,990
Square Feet
Unavailable
Acres
$23,000 | 643 Jefferson Avenue, Clifton Forge, VA 24422
1/13
6

$23,000

Sold 11/16/24

2
Bedrooms
Unavailable
Bathrooms
1,980
Square Feet
0.5
Acres
$93,000 | 819 McCormick Boulevard, Clifton Forge, VA 24422
1/7
7

$93,000

Sold 08/11/25

4
Bedrooms
2,327
Square Feet
0.04
Acres
unknown
1/6
8

$15,500

Sold 10/10/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.3
Acres
$105,000 | 523 McCormick Boulevard, Clifton Forge, VA 24422
1/27
9

$105,000

Sold 05/14/25

4
Bedrooms
3,155
Square Feet
Unavailable
Acres

Location

Listing Courtesy of HIGHLANDS REALTY & ASSOCIATES LLC, DOMINIKA WILLIAMS

Sold By HIGHLANDS REALTY & ASSOCIATES LLC, DOMINIKA WILLIAMS

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$463 per month

30 year fixed, 7.03% Interest

Principal and Interest

$423

Property Taxes

$40

HOA Dues

$0

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Property Information for 219 East Ridgeway Street

Property Details
  • Taxes: $481 / year
  • MLS Type: MultiFamily
  • Lot Size: 0.00 AC / 0 SF
  • View: City, Mountain(s)
  • Zoning: CFBG
  • Covered Spaces: 18900.0
Building Information
  • Residences: 5
  • Year Built: 1897
  • Lot Size: 0.00 AC / 0 SF
Summary
Location and General Information
  • Directions: Turn right onto US-60 Business E/W Ridgeway St Pass by Dairy Queen (on the right in 0.8 mi) Destination will be on the right
  • MLS Area Major: 2700 - Alleghany County
  • City: Clifton Forge
  • State Or Province: VA
  • Postal Code: 24422
  • County Or Parish: Alleghany County
  • MLS Area Minor: 2700 - Alleghany County
  • General Property Description - Water Class: N/A
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 12900-01-029-011A &12900-01-029-0120 & 12900-01-02
  • Tax Block: 29
  • Tax Lot: E 1/2 Of 11, 12 , 13
  • Tax Tract Or Section: C & O D
  • Tax Amount: $481
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $481
  • Location Legal Taxes - Section: C & O D
  • Location Legal Taxes - POA YN: No
School Information
  • Elementary School: Other - See Remarks
  • Middle Or Junior School: Other - See Remarks
  • High School: Other - See Remarks
Parking
  • General Property Description - Parking Description: Other - See Remarks
Property
Lot Information
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Dimensions: 12.5x 125
  • Lot Size Square Feet: 0.0
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: MultiFamily
  • Year Built: 1897
  • Property Type Label: MultiFamily
  • General Property Description - Construction Status: Completed
Utilities
  • Sewer: True
  • Water Description - Public Water: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Other
Interior Features
  • Cooling: Window Unit(s)
  • Heating: Baseboard, Baseboard Electric
  • Basement: Full Basement
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Cooling: Yes
  • Heating: Yes
  • General Property Description - Basement: Yes
  • General Property Description - # Furnished: 0.0
  • General Property Description - # Unfurnished: 5.0
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
  • General Property Description - # Leased Units: 3
Income & Expenses
  • Gross Scheduled Income: $27,900
  • Operating Expense: $9,000
  • General Property Description - Gross Income: $27,900
  • Gross Income: $27,900
  • Net Operating Income: $18,900
Unit 1
  • Unit Number: Type 1
  • Units Total: 1
  • Beds Total: 1
  • Furnished: 1
Unit 2
  • Unit Number: Type 1
  • Units Total: 2
  • Beds Total: 1
  • Furnished: 1
Unit 3
  • Unit Number: Type 1
  • Units Total: 3
  • Beds Total: 1
  • Furnished: 1
Unit 4
  • Unit Number: Type 1
  • Units Total: 4
  • Beds Total: 1
  • Furnished: 1
Unit 5
  • Unit Number: Type 1
  • Units Total: 5
  • Beds Total: 1
  • Furnished: 1
Rental
Rental Information
  • Tenant Expenses - All Utilities: Yes

Property History for 219 East Ridgeway Street

DateEvent & SourcePriceAppreciation
Apr 9, 2024

Sold

Roanoke Valley Association of REALTORS #901605

$79,200—
Jan 9, 2024

Pending

Roanoke Valley Association of REALTORS #901605

—
Sep 13, 2023

Listed (Active)

Roanoke Valley Association of REALTORS #901605

$99,000—
DateEvent & SourcePrice
04/09/2024

Sold

Roanoke Valley Association of REALTORS #901605

$79,200
01/09/2024

Pending

Roanoke Valley Association of REALTORS #901605

—
09/13/2023

Listed (Active)

Roanoke Valley Association of REALTORS #901605

$99,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 219 East Ridgeway Street

This home is within Alleghany County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Mountain View Elementary School
PublicPK to 5

Clifton Middle School
Public6 to 8

Alleghany High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HIGHLANDS REALTY & ASSOCIATES LLC, DOMINIKA WILLIAMS

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.