111 Highland Avenue Southwest

Roanoke, VA 24016

$775,000
Price
5
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Historic apartment building located close to Downtown Roanoke and Carilion Roanoke
Memorial Hospital in the Old Southwest neighborhood. Units enjoy mountainous views, in-unit
washer/dryers, and central heat pump systems. All units separately metered for electricity. Owner responsible for water. Trash collection provided by Roanoke City and included in
property taxes. This property is located in a designated qualified opportunity zone. See https://www.dhcd.virginia.gov/opportunity-zones-oz for more information
...Historic apartment building located close to Downtown Roanoke and Carilion Roanoke
Memorial Hospital in the Old Southwest neighborhood. Units enjoy mountainous views, in-unit
washer/dryers, and central heat pump systems. All units separately metered for electricity. Owner responsible for water. Trash collection provided by Roanoke City and included in
property taxes. This property is located in a designated qualified opportunity zone. See https://www.dhcd.virginia.gov/opportunity-zones-oz for more information regarding opportunity zones.

Property Details for 111 Highland Avenue Southwest

View
City, Mountain(s)
Zoning
MX
Subdivision Name
N/A
Covered Spaces
0.0

Location

Listing Courtesy of KELLER WILLIAMS REALTY ROANOKE, CODY MCCRAW
Add your commute
LISTING UPDATED: 05/08/2024 08:44 AM

Property Details for 111 Highland Avenue Southwest

StatusActive
MLS #906257
Days on Market46
Taxes$5,264 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiFamily
Year Built1900
Lot Size0.10 AC / 4,356 SF
CountyRoanoke

Location

Listing Courtesy of KELLER WILLIAMS REALTY ROANOKE, CODY MCCRAW
Add your commute

Building Information for 111 Highland Avenue Southwest

Stories-Residences7Year Built1900Building Size-Lot Size0.10 AC / 4,356 SF

Payment Calculator

$4,668 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,229

Property Taxes

$439

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 111 Highland Avenue Southwest

Summary
Location and General Information
  • Directions: From I-581, go west on Elm Ave, turn left on S Jefferson St, turn right on Highland Ave.
  • MLS Area Major: 0130 - City of Roanoke - SW
  • City: Roanoke
  • State Or Province: VA
  • Postal Code: 24016
  • County Or Parish: City of Roanoke
  • MLS Area Minor: 0130 - City of Roanoke - SW
  • General Property Description - Water Class: N/A
Taxes and HOA
  • Association YN: No
  • Association Fee: $0
  • Parcel Number: 1021708
  • Tax Block: 3 O S
  • Tax Lot: E PT Lot 6&7
  • Tax Tract Or Section: SW3
  • Tax Amount: $5,264
  • Location Legal Taxes - Phase: $0
  • Location Legal Taxes - Annual Taxes: $5,264
  • Location Legal Taxes - Section: SW3
  • Location Legal Taxes - POA YN: No
School Information
  • Elementary School: Highland Park
  • Middle Or Junior School: James Madison
  • High School: William Fleming
Parking
  • Attached Garage: No
  • General Property Description - Parking Description: Off Site
Property
Lot Information
  • Lot Size Acres: 0.1
  • Lot Size Area: 0.1
  • Lot Size Dimensions: 56x85
  • Lot Size Units: Acres
  • Lot Size Square Feet: 4356.0
  • General Property Description - Total Acreage: 0.1
Property and Assessments
  • Total Bathrooms Source: MLS
  • Property Type: MultiFamily
  • Year Built: 1900
  • Property Type Label: MultiFamily
  • General Property Description - Construction Status: Completed
  • General Property Description - Present Use: Built-As
Utilities
  • Sewer: True
  • Water Description - Public Water: Yes
Interior and Exterior Features
Exterior Features
  • Construction Materials: Vinyl Siding
Interior Features
  • Water Heater Type - Tank: Yes
  • Water Heater Energy - Electric: Yes
  • Heating: Heat Pump
  • Basement: Walkout - Full
  • Bathrooms Total Integer: 0
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Notational: 0.0
  • Heating: Yes
  • General Property Description - Basement: Yes
  • General Property Description - # Furnished: 0.0
  • General Property Description - # Unfurnished: 7.0
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
  • General Property Description - # Leased Units: 7
Income & Expenses
  • Gross Scheduled Income: $72,300
  • Operating Expense: $0
  • General Property Description - Gross Income: $72,300
  • Gross Income: $72,300
  • Net Operating Income: $0
Unit 1
  • Unit Number: Type 1
  • Units Total: 6
  • Beds Total: 2
  • Furnished: 1
  • SqFt: 823
  • Parking: Refrigerator
  • Rent: Range Electric
  • Bathroom: Dishwasher
  • Remarks: Clothes Washer
Unit 2
  • Unit Number: Type 2
  • Units Total: 1
  • Beds Total: 3
  • Furnished: 1
  • SqFt: 1123
  • Parking: Refrigerator
  • Rent: Range Electric
  • Bathroom: Dishwasher
  • Remarks: Clothes Washer
Rental
Rental Information
  • Lease Term: One Year
  • Tenant Expenses - Electricity: Yes

Property History for 111 Highland Avenue Southwest

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 111 Highland Avenue Southwest

Taxable ValueLand$36,500Additions$369,700Total$406,200
Tax Record2023$4,956 ($413 / month)
Home Facts
Total Finished SqFt5,048 SqFtAbove Grade Finished SqFt5,048 SqFtStories3Lot Size4,452 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900ZoningMXCountyROANOKE CITYAPN102-1708

Schools near 111 Highland Avenue 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

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Similar Sold Homes

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111 Highland Avenue Southwest is a multi-family home for sale in Roanoke, VA 24016. This property was listed for sale on April 1, 2024 by KELLER WILLIAMS REALTY ROANOKE, it's currently listed at $775,000. It has been on the market for a total of 46 days and was last sold on February 9, 2015. 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. 111 Highland Avenue Southwest is a 5-bed, 0-bath, multi-family home built in 1900.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of KELLER WILLIAMS REALTY ROANOKE, CODY MCCRAW

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.