$369,000

602 Allison Ave SW Roanoke, VA 24016

$4,382
Closing credit¹
2,700 sqft
0.1 acres
$137 / sqft
Multi-Family

Property details

About 602 Allison Ave SW

Well-kept Triplex situated on corner lot in the heart of Old Southwest! One block from Highland Park & close to Greenway, DT & Carilion Med Center. Unit 1 ($1250/mo) 1 BR/1 BA, 1200 SF on entire 1st floor w/ high ceilings & hardwood floors. Kitchen equipped with LVP (2022), dishwasher & pantry. Unit 2 ($1000) 2 BR/2 Full BA includes a primary suite w/ new toilet (Dec 2024). Unit 3 ($900) 1 BR/1 BA plus finished attic space & kitchen with dishwasher. Full walkout bsmt has common use Washer-Dryer (2023) & tons of storage. Updates include: NEW Gas Boiler & Power Vent Water Heater (Dec 2024), Int/Ext Painting (2022, 2025), Deck Repairs (2025). Strong income producer perfect for Investor or Owner Occupant!

Highlights

Home typeTriplex
HeatingRadiant
StatusActive
CoolingWall/Window Unit(s)
Size2,700 sqft
BasementYes
Lot size0.15 Acres
Year builtNew Const., 1914
ParkingStreet
MLS #917697
ViewMountain(s), Other

Summary

  • Basement: Yes
  • Interior: Ceiling Fan, Skylight, Storage, Walk-in-Closet
  • Parking: Street
  • View: Mountain(s), Other
  • Heating: Radiant
  • Cooling: Wall/Window Unit(s)
  • List Price: $369,000
  • Price/SqFt: $136
  • Annual Tax Amount: $3,760
  • Tax Year: 2024
  • Directions: Franklin Rd to Allison Ave SW, OR Elm Ave SW to 5th St, to Walnut, L on 6th. On corner of 6th & Allison.
  • Year Built: 1914
  • Living Area: 2,700 SqFt
  • Lot Size: 0.15 Acres
  • MLS Number: 917697
  • Office Name: PARK PLACE REALTY INC

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: 6/25/2025, 6:45:29 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

602 Allison Ave SW, Roanoke, VA 24016 - view of front facade with a porch

$369,000

602 Allison Ave SW

$4,382

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
May 04, 2021
Home Sold
$290,000
May 30, 2017
Home Sold
$230,000

Tax history

YearAssessmentProperty Tax
2024$283,700$3,760
2023$240,300$2,931
2022$227,900$2,780
2021$190,200$2,320
2020$181,000$2,454
2019$173,500$2,128
2018$154,300$2,128
2017$144,000$1,810

History based on county public records data.

Nearby schools

6

Highland Park Elementary School

Public District PK-5

0.2 mi

1212 5th St SW

5

Wasena Elementary School

Public District PK-5

0.9 mi

1125 Sherwood Ave SW

8

Crystal Spring Elementary School

Public District PK-5

1.1 mi

2620 Carolina 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. The majority of Roanoke, VA residents have income less than $<35k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

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

Similar homes for sale

Frequently asked questions

About 602 Allison Ave SW

The listing price of 602 Allison Ave SW property is $369,000.

The property 602 Allison Ave SW is a multi located in Roanoke, Virginia, 24016.

Active Listing: 602 Allison Ave SW is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 602 Allison Ave SW are: Highland Park Elementary School (GreatSchools Rating 6/10), Wasena Elementary School (GreatSchools Rating 5/10), Crystal Spring Elementary School (GreatSchools Rating 8/10), James Madison Middle School (GreatSchools Rating 4/10), John P. Fishwick Middle School (GreatSchools Rating 3/10), Lucy Addison Middle School (GreatSchools Rating 2/10), 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 $3,760 (source: MLS/based on county public records data).

The last sale was on May 4, 2021 for $290,000 (source: MLS/tax record).

The property 602 Allison Ave SW is 2,700 SqFt (source: MLS/tax record).

The year of construction for 602 Allison Ave SW is 1914.

This home is located at 602 Allison Ave SW in Roanoke, VA and zip code 24016 in the Old Southwest neighborhood. This 2,700 square foot home, which was built in 1914, sits on a 0.15 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since May 27, 2025 and is currently priced at $369,000.

In May 2025, from all listings sold in Roanoke, VA there were more than 76 sold above asking price, over 61 sold below and more than 55 were sold right at the asked price. In May 2025 in Roanoke, VA there were 28.1% more homes for sale than in April. 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.

More resources