302 1st St SW

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

In 1909, H. W. ''Uncle Billy'' Horton broke ground on what would become one of Roanoke's most distinctive landmarks at the corner of Kirk Avenue and First Street. By 1910, the first tenant a piano company that later became Grand Home Furnishings had moved in, and the building's place in local history was secured. More than a century later, that same structure stands reborn as The Horton Building, a rare blend of early-20th-century craftsmanship and modern functionality. Recognized by the Roanoke...In 1909, H. W. ''Uncle Billy'' Horton broke ground on what would become one of Roanoke's most distinctive landmarks at the corner of Kirk Avenue and First Street. By 1910, the first tenant a piano company that later became Grand Home Furnishings had moved in, and the building's place in local history was secured. More than a century later, that same structure stands reborn as The Horton Building, a rare blend of early-20th-century craftsmanship and modern functionality. Recognized by the Roanoke Valley Preservation Foundation's 2013 Adaptive Reuse Award, the property remains a defining example of how heritage and performance can work hand in hand.
  1. Listed by JOE KRAFT • LICHTENSTEIN ROWAN, REALTORS®

Property Details for 302 1st Street Southwest

View
City
Zoning
D
Subdivision Name
N/A
Covered Spaces
112613.0
LISTING UPDATED: 10/31/2025 02:31 AM

Property Details for 302 1st Street Southwest

StatusActive
MLS #921720
Days on Market137
Taxes$25,828 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiFamily / Other - See Remarks
Year Built1909
Lot Size0.20 AC / 8,712 SF
CountyRoanoke Independent City

Location

Listing Courtesy of LICHTENSTEIN ROWAN, REALTORS®, JOE KRAFT
Add your commute

Building Information for 302 1st Street Southwest

Stories-Residences10Year Built1909Lot Size0.20 AC / 8,712 SF

Payment Calculator

$16,165 per month

30 year fixed, 6.15% Interest

Principal and Interest

$14,012

Property Taxes

$2,152

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 302 1st Street Southwest

Summary
Location and General Information
  • Directions: Utilize GPS to Provide Direction to Property from you Location. Street Parking Available while showing.
  • MLS Area Major: 0110 - City of Roanoke - Downtown
  • City: Roanoke
  • State Or Province: VA
  • Postal Code: 24011
  • County Or Parish: City of Roanoke
  • MLS Area Minor: 0110 - City of Roanoke - Downtown
  • General Property Description - Water Class: N/A
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 1011801
  • Tax Block: 13
  • Tax Lot: 1&2
  • Tax Tract Or Section: SW1
  • Tax Amount: $25,828
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $25,828
  • Location Legal Taxes - Section: SW1
  • Location Legal Taxes - POA YN: No
School Information
  • Elementary School: Highland Park
  • Middle Or Junior School: James Madison
  • High School: Patrick Henry
Parking
  • Attached Garage: No
  • General Property Description - Parking Description: Off Site
Property
Lot Information
  • Lot Size Acres: 0.2
  • Lot Size Area: 0.2
  • Lot Size Units: Acres
  • Lot Size Square Feet: 8712.0
  • General Property Description - Total Acreage: 0.2
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: MultiFamily
  • Year Built: 1909
  • Property Sub Type: Other - See Remarks
  • Property Type Label: MultiFamily
  • General Property Description - Construction Status: Completed
Utilities
  • Miscellaneous Info - Public Transport2: Yes
  • Sewer: True
  • Water Description - Public Water: Yes
  • Internet Access - Cable: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Aluminum Siding, Brick
  • Amenities Common - Security System: Yes
Interior Features
  • Water Heater Type - Other see Remarks: Yes
  • Water Heater Energy - Other see Remarks: Yes
  • Cooling: Central Air
  • Heating: Zoned, Heat Pump Electric, Forced Air Gas
  • Interior Features: Wired For Data, Wired for Sound, Walk-In Closet(s), Ceiling Fan(s), Storage, Wet Bar
  • Basement: Full
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Cooling: Yes
  • Heating: Yes
  • General Property Description - Basement: Yes
  • Interior Features - Audio - Video Wired: Yes
  • Interior Features - Ceiling Fan: Yes
  • Interior Features - Storage: Yes
  • Interior Features - Walk - in - Closet: Yes
  • Interior Features - Wet Bar: Yes
  • General Property Description - # Furnished: 0.0
  • General Property Description - # Unfurnished: 10.0
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
  • General Property Description - # Leased Units: 10
Income & Expenses
  • Gross Scheduled Income: $159,000
  • Operating Expense: $46,387
  • Electric Expense: $3,828
  • Insurance Expense: $8,713
  • Maintenance Expense: $5,412
  • General Property Description - Gross Income: $159,000
  • Gross Income: $159,000
  • Net Operating Income: $112,613
  • Expenses - Water Exp: $2,607
Unit 1
  • Units Total: A
  • Beds Total: 2
  • Furnished: 2
  • Stories: 1
  • SqFt: 5000
  • Parking: Refrigerator
  • Rent: Dishwasher
  • Bathroom: Range Gas
  • Remarks: Wall Oven
Unit 2
  • Units Total: B
  • Beds Total: 1
  • Furnished: 1
  • Stories: 0
  • SqFt: 1200
  • Parking: Refrigerator
  • Rent: Dishwasher
  • Bathroom: Range Electric
  • Remarks: Microwave Oven (Built In)
Unit 3
  • Units Total: C
  • Beds Total: 1
  • Furnished: 1
  • Stories: 1
  • SqFt: 1660
  • Parking: Refrigerator
  • Rent: Dishwasher
  • Bathroom: Range Electric
  • Remarks: Microwave Oven (Built In)
Unit 4
  • Units Total: D
  • Beds Total: 2
  • Furnished: 2
  • Stories: 0
  • SqFt: 1600
  • Parking: Refrigerator
  • Rent: Dishwasher
  • Bathroom: Range Electric
  • Remarks: Microwave Oven (Built In)
Unit 5
  • Units Total: E
  • Beds Total: 1
  • Furnished: 1
  • Stories: 0
  • SqFt: 550
  • Parking: Refrigerator
  • Rent: Dishwasher
  • Bathroom: Range Electric
  • Remarks: Microwave Oven (Built In)
Rental
Rental Information
  • Lease Term: Renewal Option, One Year
  • Tenant Expenses - Electricity: Yes

Property History for 302 1st Street Southwest

DateEvent & SourcePriceAppreciation
Oct 9, 2025

Listed (Active)

Roanoke Valley Association of REALTORS #921720

$2,875,000
Apr 6, 2010

Sold (Public Record)

Public Record #429902184

$660,000

+7.3% / yr

Apr 24, 2008

Sold (Public Record)

Public Record #429660660

$575,000
DateEvent & SourcePrice
10/09/2025

Listed (Active)

Roanoke Valley Association of REALTORS #921720

$2,875,000
04/06/2010

Sold (Public Record)

Public Record #429902184

$660,000

+7.3% / yr

04/24/2008

Sold (Public Record)

Public Record #429660660

$575,000

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

Public Records for 302 1st Street Southwest

Taxable ValueLand$344,800Additions$1,589,500Total$1,934,300
Tax Record2025$25,894 ($2,158 / month)
Home Facts
Total Finished SqFt17,292 SqFtAbove Grade Finished SqFt17,292 SqFtStories2Lot Size8,721 SqFtStyleMiscellaneous CommercialYear Built1910ZoningDCountyROANOKE CITYAPN101-1801

Schools near 302 1st Street Southwest

This home is within Roanoke City Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - 9 to 12
Rating
School
Distance
Highland Park Elementary School
PublicPK to 5

James Madison Middle School
Public6 to 8

William Fleming High School
Public9 to 12

Community High School
Private9 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.

Similar Homes

Similar Sold Homes

302 1st Street Southwest is for sale in Roanoke, VA 24011. This property was listed for sale on October 9, 2025 by LICHTENSTEIN ROWAN, REALTORS®, it's currently listed at $2,875,000. It has been on the market for a total of 137 days and was last sold on April 6, 2010. This listing's school district is Roanoke City Public Schools. Nearby schools include Highland Park Elementary School, James Madison Middle School and William Fleming High School. 302 1st Street Southwest is a 8-bed, 0-bath, built in 1909.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of LICHTENSTEIN ROWAN, REALTORS®, JOE KRAFT

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.