Old Southwest, VA homes for sale & real estate

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ABOUT THIS HOME
Old Southwest, VA Homes for Sale
429 Elm Avenue SW is a beautifully preserved 1915 Victorian-style property in Roanoke's Old Southwest Historic District, offering 3,555 square feet of potential residential space on a 0.18-acre lot. Formerly occupied by the nonprofit On Our Own, the building is now vacant and nearly move-in ready, making it an excellent opportunity for owner-users, investors, or as a primary residence. Concept plans for 1st floor kitchen and 2nd floor master bath have been developed. The property features a wide front porch with original columns, rich woodwork throughout, large rooms with natural light, decorative fireplace, and a finished third-floor attic with vaulted ceilings. The basement provides bonus

$325,000

4 beds2 baths3,555 sq ft

429 Elm Ave SW, Roanoke, VA 24016

Wide front porch • Original columns • Vaulted ceilings

ABOUT THIS HOME
Old Southwest, VA Homes for Sale
$5,000 credit towards closing costs, buydown, 2/1 buydown. Charming, updated home in Historic Roanoke! Welcome Home! A beautifully updated gem blending classic charm with modern comforts. Step inside to find gleaming hardwood floors, a tastefully renovated interior, and a sun-drenched layout perfect for everyday living or entertaining. The former sleeper porch has been thoughtfully reinforced and transformed into a convenient laundry space, adding functionality without sacrificing character. Enjoy peace of mind with a brand-new roof featuring a transferable warranty, and take in the outdoors from your fully fenced yard - ideal for pets, play, or gardening. Located just minutes from downtown

$339,950

3 beds2 baths2,462 sq ft

367 Washington Ave SW, Roanoke, VA 24016

Laundry space • Brand-new roof • Updated home

OPEN TODAY, 1PM TO 3PM

ABOUT THIS HOME
Old Southwest, VA Homes for Sale
ROANOKE CITY 4 SQUARE with all the charm of the era and solid brick construction. This gorgeous home is close to everything Roanoke City has to offer: shopping, restaurants, the greenway, the Roanoke River, and more! The detached garage has storage above! The original woodwork, hardwood floors and high ceilings are stunning. come visit today and fall in love with the quality construction of a by-gone era. The third floor offers storage and potential of extra living space. The sellers are so sad to let this lovely home go, but a job transfer insists. Let their heartbreak be your chance to buy your historic dream home.

$459,950

4 beds1.5 baths2,288 sq ft

818 Day Ave SW, Roanoke, VA 24016

Extra living space • Original woodwork • High ceilings

ABOUT THIS HOME
Old Southwest, VA Homes for Sale
Looking for an investment opportunity in the ever-popular Old SW community of Roanoke? This 5-unit garden home with carriage house is for you. With great demographics and nearby amenities, this property will always be desirable. Across from a school, walking distance to cafe's and the bus line, and a stones throw from Highland Park, tenants find this location quaint and peaceful. Take advantage of the Opportunity Zone incentive program in Roanoke City and make this property your next project. Financing is easy with immediate cashflow and full occupancy. Recent roof, water heaters and each unit has it's own heat pump/air conditioning. Call the listing agent today for a pro forma and to sched

$495,000

— beds— baths— sq ft

433 Albemarle Ave SW, Roanoke, VA 24016

Across from a school • Recent roof • 5 unit garden home

ABOUT THIS HOME
Old Southwest, VA Homes for Sale
Looking for a move-in ready home close to everything downtown Roanoke has to offer? You'll love this beautiful home. Built in 2013, this is a rare newer home in the heart of the historic Old Southwest neighborhood. You get the charm of a walkable, established area with the peace of mind that comes with a more modern build. The home features 3 spacious bedrooms, 1.5 baths, and an open main floor that works well for entertaining or everyday living. You'll appreciate the newer roof, HVAC, plumbing, and systems — no big-ticket worries here. The location is hard to beat. You're minutes from downtown dining, breweries, shopping, the Greenway, and Elmwood Park. You can easily walk or bike to

$275,000

3 beds1.5 baths1,500 sq ft

825 Day Ave SW, Roanoke, VA 24016

Plumbing • Hvac • Newer roof

Property at 506 Highland Ave SW, Roanoke, VA 24016

$357,653

— beds— baths— sq ft

506 Highland Ave SW, Roanoke, VA 24016

Property at 535 Day Ave SW, Roanoke, VA 24016, 3 beds, 2.5 baths

$389,950

3 beds2.5 baths2,395 sq ft

535 Day Ave SW, Roanoke, VA 24016

Property at 917 1st St SW, Roanoke, VA 24016

$508,052

— beds— baths— sq ft

917 1st St SW, Roanoke, VA 24016

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ABOUT THIS HOME
Old Southwest, VA Homes for Sale
Classic historic charm meets modern living! This beautifully remodeled 3-bcdroom, 2.5-bath home sits on a corner lot with a detached garage w/ electric, new roof, and redone chimney. Inside, enjoy gleaming hardwood floors, an open-concept layout, and a stunning updated kitchen. The primary suite includes a walk-in closet and private bath. Updates include plumbing, electrical, and stylish light fixtures, Relax on the large front porch and enjoy the perfect blend of character, comfort and modern updates in this move-in ready home!

$355,000

3 beds2.5 baths2,016 sq ft

701 Marshall Ave, Roanoke, VA 24016

3,920 sq ft lot • Garage • Very walkable

ABOUT THIS HOME
Old Southwest, VA Homes for Sale
718 Windsor Avenue SW is a brick exterior, income-producing four-unit apartment building nestled in the walkable Wasena area of Southwest Roanoke—situated just minutes from downtown, Towers Shopping Center, and the VA Tech Carilion medical complex. This is a real estate first timer's gem, offering four compact apartments with similar layouts and finishes with ideal Roanoke convenience and neighborhood charm. The property features four 1-bed, 1-bath units, ideal for hassle-free management and turnkey rental income. Landlord covers water and sewer only. Each unit has its own HVAC system. The most recently renovated unit (A) leases for $850 per month. B, C and D rent for $675, $650 and $

$395,000

— beds— baths— sq ft

718 Windsor Ave SW Unit 1-4, Roanoke, VA 24015

7,405 sq ft lot • Very walkable

ABOUT THIS HOME
Old Southwest, VA Homes for Sale
Charming and recently updated duplex situated in Wasena within easy walking distance of great SW City amenities! Boasting updated kitchen and baths, fresh paint and refinished hardwoods! Each unit includes 2 BR/ 1 bath. This duplex provides great opportunity as an investment property or to be an owner/landlord!

$250,000

— beds— baths— sq ft

1327 Main St SW, Roanoke, VA 24015

6,969 sq ft lot • Somewhat walkable

ABOUT THIS HOME
Old Southwest, VA Homes for Sale
Great Investment opportunity with tons of potential. Triplex located in Se Roanoke featuring 3 units, 2 one bedrooms and 1 efficiency all with one bath. Convenient located close to downtown Roanoke. Recent updates include new roof. All units are currently rented, one bedrooms are rented at $750 each and $550 for the efficiency and could possibly rent for more. If you're looking to start investing or wanting to add an income producing unit to your growing portfolio. Look no further. Schedule a tour today.

$210,000

— beds— baths— sq ft

1027 Ferdinand Ave SW, Roanoke, VA 24016

9,583 sq ft lot • Somewhat walkable

ABOUT THIS HOME
Old Southwest, VA Homes for Sale
2 APARTMENTS RENTS $900 PER MONTH EACH. LOWER UNIT LEASED THRU 10/15/2025. UPPER UNIT LEASED THRU 12/19/2025. TENANTS PAY ELECTRICITY and GAS. LANDLORD PAYS WATER. LA DOES NOT HAVE PICTURES SINCE TENANT OCCUPIED.

$158,466

— beds— baths— sq ft

1110 Campbell Ave SW, Roanoke, VA 24016

9,250 sq ft lot • Somewhat walkable

ABOUT THIS HOME
Old Southwest, VA Homes for Sale
Don't miss this incredible opportunity to build and sell in today's red-hot market! This premium lot offers water and sewer availability—just cover the connection fees. Ideally situated minutes from downtown Roanoke and Vinton, with multiple new homes going up on the street. Act now and turn this prime location into your next profitable spec home! Zoning is mixed use.

$12,000

— beds— baths— sq ft

0 Church Ave SE, Roanoke, VA 24013

4,791 sq ft lot • Walker's paradise

Average home prices near Old Southwest, VA

Cities

Neighborhoods

Raleigh Court homes for sale
$334,500
Garden City homes for sale
$267,444
Downtown Roanoke homes for sale
$228,000
Hurt Park homes for sale
$158,750
Grandin Court homes for sale
$299,900
Wildwood homes for sale
$224,950
South Roanoke homes for sale
$594,505
Roundhill homes for sale
$219,925
Loudon-Melrose homes for sale
$122,475
Gainsboro homes for sale
$176,000

Old Southwest, VA real estate trends

All Home Types trends in Old Southwest, VA

Median Sale Price
# of Homes Sold
Median Days on Market

All Home Types

Median Sale Price (All Home Types)

$325,000

-7.8% YoY | Jul 2025

1 year
3 year
5 year

Based on Redfin calculations of home data from MLS and/or public records.

Location

Data

Jul 2025

Growth

% YoY

Old Southwest, VA

$325,000

-7.8%

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