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376 Allison Ave SW, Roanoke, VA, 24016

--beds
--baths
5,478sqft
$375,000
$68price/sqft
$3,095/moest. monthly cost
$123,800/yrincome needed

About This Home

Huge, beautiful historic duplex in Old Southwest! Built circa 1910, this brick beauty features soaring ceilings, charming front porches, and a back deck. Each unit is over 2,000 SF with an oversized dining room that could easily become a 3rd bedroom, plus a flexible sunroom/office--giving each side true 3BR/1BA potential. The full unfinished basement offers laundry hookups and room to finish into a third income unit. A detached garage, with a little TLC, makes great extra storage. Live in it as-is, restore it back into a grand single-family home, or hold as a high-potential income property--the options are endless. Currently vacant and ready for your vision! Owner Financing option for the right purchaser.

Getting Around

64
WalkingSomewhat Walkable
41
TransitSome Transit
65
BikeBikeable

Schools

8/10
4/10
3/10
Patrick Henry High SchoolGrades 9-122.1 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1910

Materials

  • Construction materials: Brick,Vinyl

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Basement

  • Has basement: Yes

Heating & Cooling

  • Heating features: Radiator Gas Heat
  • Cooling features: Other - See Remarks

Interior Area

  • Total structure area: 5,478
  • Total interior livable area: 5,478 sqft

Property

Details

  • Parcel number: 1030402

Lot

  • Lot size: 6,534 sqft
  • Lot size dimensions: 50x130

Parking

  • Parking features: Private (1 - 9)

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Inland Flooding
    Inland FloodingRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Cold Wave
    Cold WaveModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Inland Flooding
Lightning
Strong Wind
Cold Wave
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Severe Storm
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,896$22,752
Home Insurance *$290$3,480
Property Taxes $382$4,584
Electricity $527$6,331
Total$3,095$37,140
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,114/yr
40% on housing$92,850/yr
45% on housing$82,533/yr

Virginia FAIR Plan Programs

Virginia Property Insurance Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 22,622Commercial: 503
Total Premiums$20.86M
Total Exposure$4.29B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.8%
11.8%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.5%
0.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$68This listing

vs Other Active Listings

Avg $/sqft

ZIP 24016$122
Roanoke City$134

vs Homes Sold Last Month

Median $/sqft

ZIP 24016$74
Roanoke City$124

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-08-17Pending sale$355,000
2026-08-10Price change$355,000
2026-06-30Listed for sale$375,000
2021-12-03Sold$300,000
2021-11-05Pending sale$299,950
2021-10-30Listed for sale$299,950

For Sale by Agent

AgentMICHAEL BRANDON BELCHER
BrokerageKELLER WILLIAMS REALTY ROANOKE

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