$3,443 Closing Credit¹
#355677, Danielle N Kramer, Listing Office: Keller Williams
$380,000 List price
506 Highland Ave SW Roanoke, VA 24016
$4,513
Closing credit¹
5,756 sqft
$66 / sqft
Condo
Property details
About 506 Highland Ave SW
Good investment property, fully occupied, onsite coin laundry.
Highlights
Home typeCondominium
HeatingRadiant
StatusActive
CoolingWall/Window Unit(s)
Size5,756 sqft
BasementYes
Year builtNew Const., 1924
ParkingStreet
MLS #916867
Summary
- Basement: Yes
- Parking: Street
- Heating: Radiant
- Cooling: Wall/Window Unit(s)
- List Price: $380,000
- Price/SqFt: $66
- Annual Tax Amount: $3,513
- Tax Year: 2024
- Directions: Franklin Rd to Highland Ave, property on the Left just pass 5th st
- Year Built: 1924
- Living Area: 5,756 SqFt
- MLS Number: 916867
- Office Name: MKB, REALTORS(r)
Although 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: 5/9/2025, 9:20:30 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
$380,000
506 Highland Ave SW
$4,513
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 24, 2012 | Home Sold | $478,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $262,100 | $3,513 |
| 2023 | $222,300 | $2,712 |
| 2022 | $210,400 | $2,566 |
| 2021 | $201,500 | $2,458 |
| 2020 | $201,500 | $2,715 |
| 2019 | $194,000 | $2,578 |
| 2018 | $191,200 | $2,578 |
| 2017 | $181,600 | $2,269 |
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
1.1 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 $23,696. The most common annual income of people living in Roanoke, VA is less than $<35k. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
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?
Soccer
Continuing Education Courses
Pro Boxing
Where do the neighbors shop?
Forever 21
Express/Express For Men
Burlington
Where do the neighbors go to eat?
Dominos Pizza
Qdoba
Popeyes
What do the neighbors drive?
Mazda
Volkswagen
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Contemporary
Jazz
All data provided by Home Junction and Claritas
Similar homes for sale
6 days on Rocket
$3,088 Closing Credit¹
#916889, Listing Office: REAL BROKER LLC - MCLEAN
$3,313 Closing Credit¹
#912638, Listing Office: EDWIN C HALL ASSOCIATES INC
2 days on Rocket
$10,000 Closing Credit¹
#916967, Listing Office: MKB, REALTORS(r)
$2,565 Closing Credit¹
#914399, Listing Office: CB SALES AND RENTALS INC
$3,551 Closing Credit¹
#915685, Listing Office: MKB, REALTORS(r)
$2,494 Closing Credit¹
#914809, Listing Office: PALMER REALTY GROUP LLC
$3,443 Closing Credit¹
#912284, Listing Office: KELLER WILLIAMS REALTY LYNCHBURG
$8,312 Closing Credit¹
#914910, Listing Office: LONG & FOSTER - ROANOKE OFFICE
Frequently asked questions
About 506 Highland Ave SW
The listing price of 506 Highland Ave SW property is $380,000.
The property 506 Highland Ave SW is a condo located in Roanoke, Virginia, 24016.
Active Listing: 506 Highland Ave SW is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 506 Highland 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), 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 $3,513 (source: MLS/based on county public records data).
The last sale was on July 24, 2012 for $478,000 (source: MLS/tax record).
The property at 506 Highland Ave SW has 0 bathroom.
The property 506 Highland Ave SW is 5,756 SqFt (source: MLS/tax record).
The year of construction for 506 Highland Ave SW is 1924.
This home is located at 506 Highland Ave SW in Roanoke, VA and zip code 24016 in the Old Southwest neighborhood. This 5,756 square foot home was built in 1924. Features: 0 bathroom. It has been listed on Rocket Homes since May 2, 2025 and is currently priced at $380,000.
In April 2025 more than 48 listings in Roanoke, VA were sold above the asking price. During the same period more than 51 listings were sold at asking price, while more than 66 were sold below. The number of listings in Roanoke, VA increased by 34.6% between March and April 2025. Listings spent 37 days on the market in April 2025, and had a median list price of $283,135 during the same period.
From Rocket Homes Real Estate and based on county public records data.