$254,950

515 Elm Ave SW Roanoke, VA 24016

$3,028
Closing credit¹
2 beds
1 full, 1 partial
1,392 sqft
0.08 acres
$183 / sqft
House

Property details

About 515 Elm Ave SW

Welcome to this charming Victorian style home in the heart of SW Roanoke, VA! Built in 1914, this historic gem offers a perfect blend of classic elegance and modern convenience. Step inside and be greeted by the spacious living area, complete with original hardwood floors and high ceilings. The cozy kitchen features updated appliances. Upstairs, you'll find two bedrooms flooded with natural light, a laundry room, along with a stunning balcony - brand new fence - three porches - perfect for enjoying your morning coffee or evening cocktails in complete privacy. This home is ideally situated close to downtown, Carilion Community hospital, and all the entertainment that Roanoke has to offer. Don't miss out on the opportunity to make this unique property yours - schedule a showing today!

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
CoolingCentral Air
Size1,392 sqft
BasementYes
Lot size0.08 Acres
Year builtNew Const., 1914
ParkingNot Applicable, N/A, Off Street Parking
MLS #917853

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Appliances: Dryer, Washer, Dishwasher, Microwave, Gas Range, Refrigerator
  • Basement: Yes
  • Flooring Type: Tile - i.e. ceramic, Wood
  • Interior: Alarm
  • Total Bedroom Count: 2
  • Parking: Not Applicable, N/A, Off Street Parking
  • Exterior: Balcony, Bay Window, Covered Porch, Deck, Fenced Yard
  • Architectural Style: Victorian
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $254,950
  • Price/SqFt: $183
  • Annual Tax Amount: $2,755
  • Tax Year: 2024
  • Lot: Level
  • Directions: Elm Ave towards Main St., past 5th St., to first house on the right next to Lions Club.
  • Year Built: 1914
  • Living Area: 1,392 SqFt
  • Lot Size: 0.08 Acres
  • MLS Number: 917853
  • Office Name: MOUNTAIN VIEW REAL ESTATE LLC

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: 6/27/2025, 7:45:30 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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515 Elm Ave SW, Roanoke, VA 24016 - victorian home featuring covered porch

$254,950

515 Elm Ave SW

$3,028

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 30, 2020
Home Sold
$142,000
Jul 27, 2018
Home Sold
$155,000
Dec 01, 2016
Home Sold
$139,950

Tax history

YearAssessmentProperty Tax
2024$211,600$2,755
2023$181,300$2,211
2022$153,700$1,875
2021$141,000$1,720
2020$141,000$1,859
2019$138,400$1,656
2018$124,400$1,656
2017$116,900$1,469

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

1.0 mi

1525 Salem Ave SW

5

Wasena Elementary School

Public District PK-5

1.1 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 most common annual income of people living in Roanoke, VA is less than $<35k. The most common type of family is single, no kids. Residents of this area typically 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?

  • 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 515 Elm Ave SW

The listing price of 515 Elm Ave SW property is $254,950.

The property 515 Elm Ave SW is a house located in Roanoke, Virginia, 24016.

Active Listing: 515 Elm Ave SW is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 515 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 $2,755 (source: MLS/based on county public records data).

The last sale was on January 30, 2020 for $142,000 (source: MLS/tax record).

The property at 515 Elm Ave SW has 2 bedrooms and 1 full and 1 half bathrooms.

The property 515 Elm Ave SW is 1,392 SqFt (source: MLS/tax record).

The year of construction for 515 Elm Ave SW is 1914.

This home is located at 515 Elm Ave SW in Roanoke, VA and zip code 24016 in the Old Southwest neighborhood. This 1,392 square foot home, which was built in 1914, sits on a 0.08 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 2, 2025 and is currently priced at $254,950.

Roanoke, VA housing market in May 2025 saw over 76 listings sold above listed price, more than 55 sold at listed price and over 61 sold below. The number of listings in Roanoke, VA increased by 28.1% between April and May 2025. The median list price of listings available in May 2025 was $284,840, while the average time on the real estate market was 9 days.

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

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