$175,000

1012 Loudon Ave NW Roanoke, VA 24016

$2,078
Closing credit¹
1,824 sqft
0.1 acres
$96 / sqft
Multi-Family

Property details

About 1012 Loudon Ave NW

This well-located duplex is ready to be added to your investment portfolio! Conveniently situated to downtown and other amenities, this property offers great rental potential. Unit A (upper unit): 2 beds, 1 bathroom, 912 sq ft - Currently rented at $900 per month. Unit B (lower unit): 1 bed, 1 bathroom, 912 sq ft - Vacant and ready for new tenants! Pictures are of the Upper unit just prior to tenant move-in the beginning of April. Both units have been refreshed between tenants to maintain a clean and updated living space. Don't miss this great opportunity - schedule a showing today!

Highlights

Home typeDuplex
HeatingHeat Pump
StatusActive
CoolingHeat Pump
Size1,824 sqft
Lot size0.12 Acres
Year builtNew Const., 1925
ParkingStreet
MLS #916718

Summary

  • Basement: No
  • Parking: Street
  • Heating: Heat Pump
  • Cooling: Heat Pump
  • List Price: $175,000
  • Price/SqFt: $95
  • Annual Tax Amount: $1,368
  • Tax Year: 2024
  • Directions: From Downtown, 10th Street to Left on Loudon Ave.
  • Year Built: 1925
  • Living Area: 1,824 SqFt
  • Lot Size: 0.12 Acres
  • MLS Number: 916718
  • Office Name: REAL BROKER LLC - MCLEAN

IDXAlthough the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this web site does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed regularly, but its accuracy is subject to market changes.

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Last updated on: 5/25/2025, 5:20:28 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Get an agent. Get a mortgage. Save big.¹

1012 Loudon Ave NW, Roanoke, VA 24016 - american foursquare style home with covered porch, a front yard, and metal roof

$175,000

1012 Loudon Ave NW

$2,078

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Aug 08, 2023
Home Sold
$153,500
Sep 01, 2017
Home Sold
$395,000

Tax history

YearAssessmentProperty Tax
2024$112,200$1,368
2023$87,600$1,068
2022$81,800$997
2021$74,200$905
2020$70,200$1,080
2019$64,100$1,006
2018$64,100$1,006
2017$64,100$814

History based on county public records data.

Nearby schools

2

Hurt Park Elementary School

Public District PK-5

0.6 mi

1525 Salem Ave SW

3

Lincoln Terrace Elementary School

Public District PK-5

0.9 mi

1802 Liberty Rd NW

6

Highland Park Elementary School

Public District PK-5

1.1 mi

1212 5th St SW

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $23,876. The majority of Roanoke, VA residents have income less than $<35k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

68%
<35k
30%
35k-100k
2%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Doctorate

What types of families live nearby?

55%
Single, No Kids
30%
Single, with Kids
8%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
10%
12-17 yrs old
19%
18-34 yrs old
39%
35-64 yrs old
11%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1012 Loudon Ave NW in Roanoke, VA and zip code 24016 in the Gilmer neighborhood. This 1,824 square foot home, which was built in 1925, sits on a 0.12 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 30, 2025 and is currently priced at $175,000.

In April 2025, from all listings sold in Roanoke, VA there were more than 48 sold above asking price, over 66 sold below and more than 51 were sold right at the asked price. The number of listings in Roanoke, VA increased by 34.6% between March and April 2025. In April 2025, listings were on the market for 37 days. During the same period, the median list price in this real estate market was $283,135.

From Rocket Homes Real Estate and based on county public records data.

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