520 & 518 Riverland RD SE, Roanoke, VA 24014 (MLS# 927847)

$350,000

520 & 518 Riverland RD SE
Roanoke, VA 24014
MLS# 927847

1 / 39

Property Description
Investor opportunity in the heart of Roanoke! This fully remodeled duplex is located just blocks from Carilion Hospital in an area with strong rental demand and excellent long-term investment potential. Each unit offers 2 bedrooms and 1 full bathroom with updated finishes throughout, making it move-in and tenant-ready from day one. The lower unit includes interior access to a full unfinished basement with additional exterior access, offering abundant storage or future possibilities. Off-street parking is available in the front, with potential for off-street parking from alley access in the rear. Convenient to downtown, greenways, restaurants, shopping, and major employers, this property is ideal for owner-occupants or investors looking to expand their portfolio. Seller is licensed agent.

Details

Maps

General Property Description

Multi-Family Type: Duplex

Construction Status: Completed

Total Acreage: 0.16

# Furnished: 0

# Unfurnished: 2

# Leased Units: 0

Gross Bldg SQFT: 1548

Basement Y/N: Yes

Water Class: N/A

Parking Description: Off Site

Gross Income: 0

Year Built: 1924

Number of Units: 2

Location, Tax & Legal

Major Area: 01 - City of Roanoke

Phase: 8

Lot: 5

Block: 7

Tax ID: 403-1012

Annual Taxes: 1943.46

Section: N/A

POA Y/N: No

Area: 0120 - City of Roanoke - South

Street Number: 520 & 518

Street Name: Riverland

Street Suffix: RD

Street Direction Sfx: SE

State/Province: VA

Zip Code: 24014

Subdivision: N/A

Municipality: City of Roanoke

Elementary School: Crystal Spring

Middle School: James Madison

High School: Patrick Henry

Remarks & Misc

Directions: From Carilion Roanoke Memorial (Belleview Ave SE), to L Laurel, to R on Riverland to Home on Left.

Limited Service

Not Limited Service: 1

Construction

Aluminum: 1

Brick: 1

Basement

Full: 1

Heating

Baseboard Electric: 1

Radiator Gas Heat: 1

Miscellaneous Info

Public Transport: Yes

Cooling

Window Unit(s): 1

Water Description

Public: 1

Sewer Description

Public Sewer: 1

Water Heater Type

Tank: 1

Owner Expenses

Other - See Remarks: 1

Internet Access

Fiber: 1

Tenant Expenses

Other - See Remarks: 1

Contract Information

Current Price: $350,000

List Price: $350,000

List Date: 2026-05-22

Status: Active

Property Features

Limited Service: Not Limited Service

Construction: Aluminum; Brick

Basement: Full

Heating: Baseboard Electric; Radiator Gas Heat

Cooling: Window Unit(s)

Water Description: Public

Sewer Description: Public Sewer

Water Heater Type: Tank

Owner Expenses: Other - See Remarks

Internet Access: Fiber

Tenant Expenses: Other - See Remarks

Listing Office: NEST REALTY ROANOKE

Last Updated: May - 22 - 2026

All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.