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$224,950
Est. payment /mo
1,506 SqFt
New
520 Riverland RD Roanoke, VA 24014
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,506 sqft
Price per Sqft $149
MLS Listing ID 923348
Construction Status Completed
Year Built 1924
Annual Tax Amount $1,943
Lot Size 6,969 Sqft
Acres 0.16
Property Sub-Type Duplex
Property Description
Prime investment opportunity just a mile to Carilion Roanoke Memorial Hospital and minutes to South Roanoke, downtown amenities, retail, and the Greenway. This classic up/down duplex offers two vacant 2BR/1BA units with strong income potential and flexible rental strategies. The location creates natural demand for mid-term stays from medical professionals and visitors needing short stays close to the hospital. Simple layouts, low upkeep, and multiple revenue paths give this property a standout upside for a focused investment approach. Income options include mid-term stays, furnished rentals, and Airbnb-style hosting due to location advantages.
Location
State VA
County City Of Roanoke
Area 0120 - City Of Roanoke - South
Zoning RM-1
Interior
Interior Features Breakfast Area, Ceiling Fan(s), Storage
Heating Baseboard Electric, Radiator Gas Heat
Cooling Window Unit(s)
Exterior
Parking Features Other - See Remarks
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Vinyl
Construction Status Completed
Schools
Elementary Schools Crystal Spring
Middle Schools James Madison
High Schools Patrick Henry
Others
Tax ID 4031012
Listed by MKB, REALTORS(r)
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