$389,000

401 Elm Ave SW Roanoke, VA 24016

$4,619
Closing credit¹
5 beds
2 full
4,130 sqft
0.2 acres
$94 / sqft
House

Property details

About 401 Elm Ave SW

This beautiful and elegant brick foursquare built in 1906 on a corner lot with a quick walk downtown. Offers 5 bedrooms, 2 full baths and 2 kitchens with over 4,100 square ft. Beautiful architectural elements still intact including wraparound porch, pocket doors, 3 original fireplaces, natural woodwork & hardwood floors, high ceilings, oversized windows, rear staircase and useable walk-out basement. Zoned heating & cooling with updated gas furnace and gas stove. Off-street parking in the rear. Must see to appreciate!

Highlights

Home typeSingle Family Residence
HeatingForced Air, Heat Pump, Zoned
StatusActive
CoolingCentral Air, Zoned
Size4,130 sqft
BasementYes
Lot size0.18 Acres
Year builtNew Const., 1906
ParkingNot Applicable, N/A, Off Street Parking
MLS #916202
FireplaceDining Room, Living Room, Primary Bedroom
ViewCity, Mountain(s)

Summary

  • MLS Number: 916202
  • Office Name: KELLER WILLIAMS REALTY ROANOKE

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.

All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this web site may only use this listing data for their personal, non-commercial benefit. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The unauthorized retrieval or use of this listing data is prohibited.

All information is deemed reliable but not guaranteed, and should be independently verified. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/19/2025, 11:20:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front facade featuring covered porch, a front lawn, and brick siding

$389,000

401 Elm Ave SW

$4,619

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 06, 2020
Home Sold
$215,000
Mar 20, 2013
Home Sold
$128,500
Apr 29, 2009
Home Sold
$78,750

Tax history

YearAssessmentProperty Tax
2024$353,900$4,556
2023$305,500$3,727
2022$268,200$3,272
2021$244,400$2,981
2020$225,400$2,932
2019$164,000$1,071
2018$159,200$1,071
2017$154,100$1,934

History based on county public records data.

Nearby schools

6

Highland Park Elementary School

Public District PK-5

0.3 mi

1212 5th St SW

2

Hurt Park Elementary School

Public District PK-5

1.1 mi

1525 Salem Ave SW

5

Wasena Elementary School

Public District PK-5

1.2 mi

1125 Sherwood Ave 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 $23,696. The majority of Roanoke, VA residents have income less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.

How much money do the neighbors make?

61%
<35k
28%
35k-100k
9%
100k-200k
2%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

71%
Single, No Kids
13%
Single, with Kids
9%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
5%
12-17 yrs old
34%
18-34 yrs old
43%
35-64 yrs old
5%
65+ yrs old

What do the neighbors do for fun?

  • SoccerSoccer
  • Continuing Education CoursesContinuing Education Courses
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Forever 21Forever 21
  • Express/Express For MenExpress/Express For Men
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Dominos PizzaDominos Pizza
  • QdobaQdoba
  • PopeyesPopeyes

What do the neighbors drive?

  • MazdaMazda
  • VolkswagenVolkswagen
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban ContemporaryUrban Contemporary
  • JazzJazz
All data provided by Home Junction and Claritas

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Frequently asked questions

About 401 Elm Ave SW

This home is located at 401 Elm Ave SW in Roanoke, VA and zip code 24016 in the Old Southwest neighborhood. This 4,130 square foot home, which was built in 1906, sits on a 0.18 acre lot. Features: 5 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 17, 2025 and is currently priced at $389,000.

In March 2025 more than 38 listings in Roanoke, VA were sold above the asking price. During the same period more than 41 listings were sold at asking price, while more than 47 were sold below. The inventory of homes for sale in Roanoke, VA between February and March 2025 increased by 54.7%. In March 2025, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $281,397.

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

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