$370,000

401 Elm Ave SW Roanoke, VA 24016

$4,394
Closing credit¹
5 beds
2 full
4,130 sqft
0.2 acres
$90 / 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 and located in Historic Old SW 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

  • Full Bathrooms: 2
  • Appliances: Dishwasher, Gas Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Laminate, Tile - i.e. ceramic, Wood
  • Interior: Alarm, Ceiling Fan, Masonry Fireplace, Storage
  • Fireplace: Dining Room, Living Room, Primary Bedroom
  • Total Bedroom Count: 5
  • Parking: Not Applicable, N/A, Off Street Parking
  • View: City, Mountain(s)
  • Exterior: Covered Porch, Garden Space, Nat Gas Line Outdoor
  • Architectural Style: Foursquare
  • Heating: Forced Air, Heat Pump, Zoned
  • Cooling: Central Air, Zoned
  • List Price: $370,000
  • Price/SqFt: $89
  • Annual Tax Amount: $4,556
  • Tax Year: 2024
  • Lot: Cleared
  • Directions: Franklin Rd to Elm Ave, Home on Corner of 4th & Elm. Parking at rear.
  • Year Built: 1906
  • Living Area: 4,130 SqFt
  • Lot Size: 0.18 Acres
  • 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.

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Last updated on: 6/6/2025, 8:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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401 Elm Ave SW, Roanoke, VA 24016 - view of front facade featuring covered porch, a front lawn, and brick siding

$370,000

401 Elm Ave SW

$4,394

closing credit¹

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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. Most Roanoke, VA residents have annual incomes less than $<35k. 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

The listing price of 401 Elm Ave SW property is $370,000.

The property 401 Elm Ave SW is a house located in Roanoke, Virginia, 24016.

Active Listing: 401 Elm Ave SW is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 401 Elm Ave SW are: Highland Park Elementary School (GreatSchools Rating 6/10), Hurt Park Elementary School (GreatSchools Rating 2/10), Wasena Elementary School (GreatSchools Rating 5/10), Lucy Addison Middle School (GreatSchools Rating 2/10), John P. Fishwick Middle School (GreatSchools Rating 3/10), James Madison Middle School (GreatSchools Rating 4/10), Patrick Henry High School (GreatSchools Rating 3/10), William Fleming High School (GreatSchools Rating 2/10), Cave Spring High School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $4,556 (source: MLS/based on county public records data).

The last sale was on May 6, 2020 for $215,000 (source: MLS/tax record).

The property at 401 Elm Ave SW has 5 bedrooms and 2 bathrooms.

The property 401 Elm Ave SW is 4,130 SqFt (source: MLS/tax record).

The year of construction for 401 Elm Ave SW is 1906.

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 $370,000.

Over 76 listings were sold over their listed price in May 2025 in Roanoke, VA. In the same period over 61 listings were sold below the listed price and 55 listings were sold for the listed price. The number of listings in Roanoke, VA increased by 28.1% between April and May 2025. In May 2025, listings were on the market for 9 days. During the same period, the median list price in this real estate market was $284,840.

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

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