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$224,950
520 Riverland RD SE
Roanoke, VA 24014
Sold
7 days on market
Property Type
Residential Income
Year Built
1924
Lot Size
0.16 acres
Garage
—
About This Property
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.
Property Details
Interior
Exterior & Lot
- Lot Size
- 0.16 acres
- Year Built
- 1924
Location
- Subdivision
- N/A
- County
- City of Roanoke
- ZIP Code
- 24014
Financial
- Annual Taxes
- $1,943
Utilities
- Sewer
- Public Sewer
Schools
- Elementary
- Crystal Spring
- Middle School
- James Madison
- High School
- Patrick Henry
Interior Features
Ceiling Fan(s), Storage
Heating
Baseboard Electric, Radiator Gas Heat
Cooling
Window Unit(s)
Location
Listing Information
- MLS #
- 923348
- Listing Agent
- KATHY CHANDLER
- Listing Office
- MKB, REALTORS®
- Listed Date
- May 23, 2026
Contact Megan Eberle About This Property
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