$224,950

520 Riverland RD, Roanoke, VA 24014

1,506 sqft

Duplex
Built in 1924
6,970sqft lot
—— car garage
$149/sqft
Listed 3 days ago

Property Description

Prime investment opportunity just a mile to Carilion Roanoke Memorial Hospital and minutes to South Roanoke, downtown amenities, retail, and the Greenway. This classic up/down duplex offers two vacant 2BR/1BA units with strong income potential and flexible rental strategies. The location creates natural demand for mid-term stays from medical professionals and visitors needing short stays close to the hospital. Simple layouts, low upkeep, and multiple revenue paths give this property a standout upside for a focused investment approach. Income options include mid-term stays, furnished rentals, and Airbnb-style hosting due to location advantages.

Listing Status:: Active
Listing Office:: MKB, REALTORS(r) : (540) 989-4555
MLS ID:: 923348

Parking: Parking spaces: 2

County: City of Roanoke

Zoning: RM-14031012

This listing courtesy of MKB, REALTORS(r)

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Crystal Spring Elementary School

2620 Carolina Ave SW, Roanoke, VA, 24014

Grades PK-5

1.34 miles away

James Madison Middle School

1160 Overland Rd SW, Roanoke, VA, 24015

Grades 6-8

2.29 miles away

Patrick Henry High School

2102 Grandin Rd SW, Roanoke, VA, 24015

Grades 9-12

2.73 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.