$495,000

433 Albemarle Ave SW Roanoke, VA 24016

$5,878
Closing credit¹
4,516 sqft
0.1 acres
$110 / sqft
Condo

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

Home typeCondominium
HeatingHeat Pump
StatusActive
CoolingHeat Pump
Size4,516 sqft
Lot size0.15 Acres
Year builtNew Const., 1913
ParkingPrivate (1 - 9)
MLS #918072

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

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: 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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433 Albemarle Ave SW, Roanoke, VA 24016 - view of front of property featuring a balcony and covered porch

$495,000

433 Albemarle Ave SW

$5,878

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 23, 2021
Home Sold
$500,000

Tax history

YearAssessmentProperty 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.

All data from GreatSchools

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.

How much money do the neighbors make?

52%
<35k
33%
35k-100k
14%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

72%
Single, No Kids
10%
Single, with Kids
11%
Married, No Kids
7%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

9%
<11 yrs old
3%
12-17 yrs old
31%
18-34 yrs old
46%
35-64 yrs old
11%
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
  • RockRock
All data provided by Home Junction and Claritas

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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.

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

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