518 Elm Ave

Roanoke VA 24016

3062 sq. ft.

0.16 ac.

Duplex

Last sold for $224,000

Andre Palmer, last sold this property on 10 November 2025 after -73 days on market.

Overview

Great Investment opportunity with tons of potential. Duplex located in Se Roanoke featuring 2 units, each with 2 bedrooms and 1 bath. Convenient located close to downtown Roanoke. Recent updates include new metal roof. Both units are currently, upstairs unit rented for $800 and downstairs unit rented for $900 and could rent for more. If you're looking to start investing or wanting to add an income producing unit to your growing portfolio. Look no further. Schedule a tour today.

Features

4 carspaces

20633 garage spaces

3062 sq. ft. floor area

0.16 ac. lot size

Duplex

Estimated Value

Based on this property and similar duplexes sold in Roanoke over the last 12 months, the estimated median property value of 518 Elm Ave is $224k.

Median value

$224k

Estimated value range

$20k - $379k

Median days on market

125

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Roanoke. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 518 Elm Ave

2025

Sold

$224,000

10 Nov 2025 by Andre Palmer, of PALMER REALTY GROUP LLC

2019

Sold

$63,000

05 Apr 2019

Happy sellers in Roanoke

We have insufficient information to provide an overview of customer satisfaction for Roanoke. Viewing the agent profiles, reviews and sales for Roanoke can provide insights for this location.