OFF MARKET

Off market sep 2016 for $61K

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Est. refi paymentEst. refi $387/mo

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•

— ba

•

—

sq ft

503 Rutherford Ave NW, Roanoke, VA 24016

About this home

MOTIVATED SELLERS!!! THIS TRIPLEX IN THE NORTHWEST SECTION OF TOWN IS FULLY LEASED AND GENERATING INCOME- ALL UNITS HAVE W/ D HOOK-UP, SEPERATE GAS WATER TANKS AND GAS HEATING FURNACE - ALL APPLIANCES CONVEY IN UNITS BUT NOT WARRATNED - BASEMENT FOR STORAGE AND A POTENTIAL TO TURN INTO ANOTHER APARTMENT - A MUST SEE. .. - PLEASE SET AN APPOINTMENT WITH YOUR BROKER/AGENT OR CALL ME TO MAKE AN APPOINTMENT

Multi-familyProperty Type

1932Year Built

3,920 sq ftLot Size

12100 spacesParking

Listed by DERRICK WILLIS • WAINWRIGHT & CO., REALTORS®

Bought with DERRICK WILLIS • WAINWRIGHT & CO., REALTORS®

Redfin checked: 2 minutes ago

•Source:MLSRV #823094

Redfin Estimate

Unfortunately, we don't have enough data to generate an accurate Estimate at this time.

Market trends in 24016, VA

Last updated September 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-List Price

97.3%

+0.3% MoM

Median sale price

$220K

$10K MoM

Avg. days on market

37d

1 days MoM

Recently sold homes

2 MoM

New listings for sale

$320,000
2 beds2 baths1,151 sq ft
400 Salem Ave Unit 1D, Roanoke, VA 24016
$199,000
4 beds1.5 baths1,688 sq ft
112 14th St SW, Roanoke, VA 24018
$315,000
3 beds2.5 baths3,709 sq ft
1510 Chapman Ave SW, Roanoke, VA 24016
$200,000
3 beds2 baths1,939 sq ft
1217 10th St NW, Roanoke, VA 24016
$450,000
4 beds3 baths2,847 sq ft
1205 Campbell Ave SW, Roanoke, VA 24016
$279,950
3 beds1.5 baths1,915 sq ft
1307 Chapman Ave SW, Roanoke, VA 24016
$240,000
3 beds2 baths1,756 sq ft
1313 Maple Ave SW, Roanoke, VA 24016
$325,000
— beds— baths— sq ft
917 10th St NW, Roanoke, VA 24016
$450,000
— beds— baths— sq ft
1112 Chapman Ave SW, Roanoke, VA 24016
See all

Provided by Redfin

Sale history for 503 Rutherford Ave NW

Year

Property tax

Land + Additions

Assessment*

2026

$1,759 (+16.6%)

$13,700 + $108,000

$121,700

2025

$1,509 (+17.9%)

$13,700 + $87,800

$101,500

2024

$1,280 (+10.5%)

$9,800 + $73,200

$83,000

2023

$1,158 (+6.3%)

$7,000 + $66,500

$73,500

2022

$1,089 (+13.5%)

$7,000 + $66,500

$73,500

2021

$960 (+2.8%)

$5,000 + $63,300

$68,300

2020

$933 (+2.1%)

$3,100 + $55,000

$58,100

2019

$914

$3,100 + $55,000

$58,100

2018

$914 (+26.6%)

$3,100 + $53,400

$56,500

2017

$722

$3,100 + $53,400

$56,500

2016

$721 (+5.6%)

$3,100 + $53,400

$56,500

2014

$683

$3,100 + $53,400

$56,500

Tax history for 503 Rutherford Ave NW

Year

Property tax

Land + Additions

Assessment*

2026

$1,759 (+16.6%)

$13,700 + $108,000

$121,700

2025

$1,509 (+17.9%)

$13,700 + $87,800

$101,500

2024

$1,280 (+10.5%)

$9,800 + $73,200

$83,000

2023

$1,158 (+6.3%)

$7,000 + $66,500

$73,500

2022

$1,089 (+13.5%)

$7,000 + $66,500

$73,500

2021

$960 (+2.8%)

$5,000 + $63,300

$68,300

2020

$933 (+2.1%)

$3,100 + $55,000

$58,100

2019

$914

$3,100 + $55,000

$58,100

2018

$914 (+26.6%)

$3,100 + $53,400

$56,500

2017

$722

$3,100 + $53,400

$56,500

2016

$721 (+5.6%)

$3,100 + $53,400

$56,500

2014

$683

$3,100 + $53,400

$56,500

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

4,787 Sq. Ft.

Year renovated

—

Sq. Ft.

2,404

Year built

1932

Style

Other

County

Roanoke City

APN

2021533

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 12, 2026.

RM-1

NDD

AIRPORT

Residential District

The purposes of the RM-1 districts are to provide a range of housing options and to provide opportunities for compatible home-based entrepreneurship. Dimensional and supplemental regulations implement standards that control building form building placement and other characteristics of development. These districts cover the majority of the City's land area and contain most of Roanoke's housing supply

Zone overlays

Permitted uses

Include but are not limited to:

Garden center
Housing
Infrastructure
Communications tower

Property details

Parking

Garage and Parking Information
# of Covered Spaces: 12,100

Exterior

Building Information
Year Built: 1932

Property Information
PropertyType: MultiFamily

Lot Information
Lot Size Area: 0.09
Lot Size Acres: 0.09
Lot Size Square Feet: 3,920.4
Lot Size Dimensions: 40,120
Lot Size Units: Acres

Financial

Tax Information
Tax Annual Amount: $711
Parcel Number: 2021533

Utilities

Heating & Cooling
Has Heating
Heating: Forced Air Gas

Location

Multi-Unit Information
# of Units (Total): 3

Multi-Family Financial Information
Net Operating Income: $12,100
Operating Expense: $3,500
Gross Income: $15,600
Gross Scheduled Income: $15,600
Owner Pays: Water, Sewer, Lawn Care

School Information
Elementary School: Lincoln Terrace
Middle Or Junior School: Lucy Addison
High School: Patrick Henry

Location Information
Directions: FROM CVIVIC CENTER HEADING UP ORANGE AVE, TURN LEFT ON 5TH STREET, TAKE RIGHT ON RUTHERFORD, TRIPLEX ON LEFT

Public facts

Beds: 3
Baths: 3.0
Sq. Ft.: 2,404
Stories: 2.0
Lot Size: 4,787 square feet
Style: Other
Year Built: 1932
Year Renovated: —
County: Roanoke City
APN: 2021533

Home facts updated by county records on Oct 12, 2026

Other

Listing Information
ListingId: 823094
ListPrice: $79,950

Around this home

Schools

Lincoln Terrace Elementary School

Public PreK-5 • Assigned • 0.6mi

2/10

Addison Aerospace Magnet Middle School

Public 6-8 • Assigned • 0.3mi

1/10

Patrick Henry High School

Public 9-12 • Assigned • 2.8mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 101° expected this year, 19 days in 30 years

2/10 Wind Factor

1% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Roanoke, VA • 24016

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

Try the sun simulator tool to see how light moves across the property at different times of day and year.

Provided by Shadowmap

Sell confidently with a local market expert in Roanoke. 3 minutes to get started.

Nearby similar homes

$379,800

— beds— baths— sq ft

1316 Chapman Ave SW, Roanoke, VA 24016

$172,450

— beds— baths— sq ft

1114 Lafayette Blvd NW, Roanoke, VA 24017

$179,950

— beds— baths— sq ft

515 Albemarle Ave SE, Roanoke, VA 24013

$450,000

— beds— baths— sq ft

1112 Chapman Ave SW, Roanoke, VA 24016

$284,500

— beds— baths— sq ft

181 Maplelawn Ave NE, Roanoke, VA 24012

$633,000

4 beds4.5 baths4,320 sq ft

430 S Oakwood Rd, Troutville, VA 24175

New listings for sale in 24016

$320,000

2 beds2 baths1,151 sq ft

400 Salem Ave Unit 1D, Roanoke, VA 24016

$199,000

4 beds1.5 baths1,688 sq ft

112 14th St SW, Roanoke, VA 24018

$315,000

3 beds2.5 baths3,709 sq ft

1510 Chapman Ave SW, Roanoke, VA 24016

$200,000

3 beds2 baths1,939 sq ft

1217 10th St NW, Roanoke, VA 24016

$450,000

4 beds3 baths2,847 sq ft

1205 Campbell Ave SW, Roanoke, VA 24016

$279,950

3 beds1.5 baths1,915 sq ft

1307 Chapman Ave SW, Roanoke, VA 24016

$240,000

3 beds2 baths1,756 sq ft

1313 Maple Ave SW, Roanoke, VA 24016

$325,000

— beds— baths— sq ft

917 10th St NW, Roanoke, VA 24016

$450,000

— beds— baths— sq ft

1112 Chapman Ave SW, Roanoke, VA 24016

Home values near 503 Rutherford Ave NW

Data from public records.

Address	Redfin Estimate
524 Rutherford Ave NW, Roanoke, VA 4 Beds \| 1.5 Baths \| 2153 Sq. Ft.	$168,529
522 Rutherford Ave NW, Roanoke, VA 3 Beds \| 1 Baths \| 1655 Sq. Ft.	$115,795

Address	Redfin Estimate
415 Rutherford Ave NW, Roanoke, VA 3 Beds \| 2 Baths \| 984 Sq. Ft.	$176,484
501 Rutherford Ave NW, Roanoke, VA 3 Beds \| 1 Baths \| 1384 Sq. Ft.	$115,045

Address	Redfin Estimate
511 Rutherford Ave NW, Roanoke, VA 1 Beds \| 1 Baths \| 576 Sq. Ft.	$63,234
422 Rutherford Ave NW, Roanoke, VA 4 Beds \| 1 Baths \| 1257 Sq. Ft.	$89,638

Property information provided by MLSRV when last listed in 2016. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Market trends in 24016, VA

Sale history for 503 Rutherford Ave NW

Tax history for 503 Rutherford Ave NW

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 24016

Home values near 503 Rutherford Ave NW

More real estate resources