#916867, Listing office: MKB, REALTORS(r)
433 Albemarle Ave SW Roanoke, VA 24016
Property details
About 433 Albemarle Ave SW
Looking for an investment opportunity in the ever-popular Old SW community of Roanoke? This 5-unit garden home with carriage house is for you. With great demographics and nearby amenities, this property will always be desirable. Across from a school, walking distance to cafe's and the bus line, and a stones throw from Highland Park, tenants find this location quaint and peaceful. Take advantage of the Opportunity Zone incentive program in Roanoke City and make this property your next project. Financing is easy with immediate cashflow and full occupancy. Recent roof, water heaters and each unit has it's own heat pump/air conditioning. Call the listing agent today for a pro forma and to schedule an appointment.
Highlights
Summary
- Basement: No
- Parking: Private (1 - 9)
- Heating: Heat Pump
- Cooling: Heat Pump
- List Price: $495,000
- Price/SqFt: $109
- Annual Tax Amount: $4,940
- Tax Year: 2024
- Directions: From Southbound on Franklin Rd SW turn Right onto Albemarle Ave SW. Property is 2nd to last on the right just before 5th St SW.
- Year Built: 1913
- Living Area: 4,516 SqFt
- Lot Size: 0.15 Acres
- MLS Number: 918072
- Office Name: WALKER REAL ESTATE SOLUTIONS
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Last updated on: 6/11/2025, 10:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$495,000
433 Albemarle Ave SW
$5,878
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Nov 23, 2021 | Home Sold | $500,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $375,100 | $4,940 |
2023 | $305,300 | $3,724 |
2022 | $291,000 | $3,550 |
2021 | $263,100 | $3,209 |
2020 | $251,900 | $3,362 |
2019 | $227,800 | $2,792 |
2018 | $206,100 | $2,792 |
2017 | $193,000 | $2,441 |
History based on county public records data.
Nearby schools
6
Highland Park Elementary School
Public District PK-5
0.1 mi
•1212 5th St SW
5
Wasena Elementary School
Public District PK-5
1.0 mi
•1125 Sherwood Ave SW
2
Hurt Park Elementary School
Public District PK-5
1.2 mi
•1525 Salem Ave SW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $32,466. Typical income of Roanoke, VA residents is less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
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Frequently asked questions
About 433 Albemarle Ave SW
The listing price of 433 Albemarle Ave SW property is $495,000.
The property 433 Albemarle Ave SW is a condo located in Roanoke, Virginia, 24016.
Active Listing: 433 Albemarle Ave SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 433 Albemarle Ave SW are: Highland Park Elementary School (GreatSchools Rating 6/10), Wasena Elementary School (GreatSchools Rating 5/10), Hurt Park Elementary School (GreatSchools Rating 2/10), John P. Fishwick Middle School (GreatSchools Rating 3/10), Lucy Addison Middle School (GreatSchools Rating 2/10), 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 $4,940 (source: MLS/based on county public records data).
The last sale was on November 23, 2021 for $500,000 (source: MLS/tax record).
The property at 433 Albemarle Ave SW has 0 bathroom.
The property 433 Albemarle Ave SW is 4,516 SqFt (source: MLS/tax record).
The year of construction for 433 Albemarle Ave SW is 1913.
This home is located at 433 Albemarle Ave SW in Roanoke, VA and zip code 24016 in the Old Southwest neighborhood. This 4,516 square foot home, which was built in 1913, sits on a 0.15 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 9, 2025 and is currently priced at $495,000.
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. While the average time on the market in May 2025 was 9 days, the median list price was $284,840.