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Sold on 05/04/2018

1223 3rd St SW, Roanoke, VA 24016

$425,000

Last sold 05/04/2018 for $222K

  • —

    bed

  • —

    bath

Multi-family not for sale
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About 1223 3rd St SW

Property type Multi-family
Neighborhood
Year built 1909
HOA fee $0/month
Lot size 7,405 Sqft
Movoto estimate
Rental estimate
Property description
One of the most elegant buildings in Old SW, this architectural gem is well maintained and boasts tons of charm with wrap around porch, stained glass windows, & gorgeous 1” oak hardwoods with original trim and woodwork intact. Ornate ceramic fireplaces & mantles, high ceilings & separate laundry facilities for each apartment are just a few of the many benefits offered. Located in the heart of Old SW between Franklin & Jefferson, the property’s flexible MX zoning is suitable for residential, rental, live-work, office, & some retail uses. Currently used as a residential duplex, both large 2BR/1 BA units offer flexible floor plans with off street parking available. Tenants pay their own electricity & gas with separate forced air furnaces. Walk up attic for extra living space or storag
Listed by
Listing Agent - JASON FOUNTAIN
Listing Office - WALDVOGEL COMMERCIAL PROPERTIES
Source: Roanoke Valley AOR mls logo
MLS#844944 • last updated 1 year ago
Movoto checked Roanoke Valley AOR for data 11 minutes ago
Overview
Cooling/AC Window Unit(s)
Heating Radiator Gas Heat
MLS # 844944
Type Residential Income
Status Closed
SubType Duplex
Lot Size (SqFt) 7405.2
Lot Size (Acres) 0.17
Property Tax 2477
Year Built 1909
Interior
Exterior
Construction Aluminum Siding, Wood Siding
# of Covered Spaces 13359
Amenities / Utilities
Sewer/Septic Public Sewer
Water Source Public
Location
County City Of Roanoke
Subdivision Old Southwest
Elementary School Highland Park
Middle School James Madison
High School Patrick Henry
APN 1023010
Directions Elm Avenue To 3rd Street, Home On Right - Or - Franklin Road To Walnut To Left On 3rd.
$425K
Range: $348K-$501K
Last 30 days 
Rental est.: $965/month
Gross rent multiplier: 19.2
  • Sep 2024
    mls logo MLS # 844944
  • Sep 20, 2024 Sold
    $222,500
  • Feb 10, 2018 Listed
    $239,900 (+37.1%)
  • May 2018
    Public Records
  • May 7, 2018 Sold
    $222,500 (-7.3%)
  • Aug 2017
    Public Records
  • Aug 11, 2017 Sold
    $175,000
  • Year Property taxes Tax assessment
  • 2025
    $3,986 +5.0%
    $341,700
  • 2024
    $3,797 +12.3%
    $341,700 +23.27%
  • 2023
    $3,382 +2.3%
    $277,200 +2.33%
  • 2022
    $3,305 +1.4%
    $270,900 +1.42%
  • 2021
    $3,259
    $267,100
  • 2020
    $3,259 +31.6%
    $267,100 +31.58%
  • 2019
    $2,477 +4.4%
    $203,000
  • 2017
    $2,371 +1.4%
    $203,000 +8.91%
  • 2016
    $2,340 +19.5%
    $186,400
  • 2013
    $1,958
    —
  • 1223 3rd St SW
    $222K
  • Old Southwest
    $342K 0% y/y
  • 24016
    $219K -2% y/y
  • Roanoke
    $319K +6% y/y
No chart available
Statistics calculated by Movoto

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6/10
Highland Park Elementary School
public Grades PK, K-5
Roanoke City Public Schools
2/10
James Madison Middle School
public Grades 6-8
Roanoke City Public Schools
3/10
Patrick Henry High School
public Grades 9-12
Roanoke City Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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