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1314 Maple Ave SW, Roanoke, VA, 24016

0beds
0baths
2,137sqft
$349,000
$163price/sqft
$2,594/moest. monthly cost
$103,760/yrincome needed

About This Home

Beautiful downtown Roanoke office property that has been proudly owned and occupied by the same family business for many years. This well-maintained space offers a unique opportunity for an owner-user, investor, or entrepreneur seeking a prime downtown location. The property is currently owner-occupied and has never been leased, presenting strong potential as an income-producing rental investment or could easily be converted to a prominent home! Centrally located in the heart of downtown, with easy access to business, dining, and entertainment amenities. Contact the listing agent for additional details and investment potential.

Getting Around

68
WalkingSomewhat Walkable
44
TransitSome Transit
77
BikeVery Bikeable

Schools

8/10
4/10
3/10
Patrick Henry High SchoolGrades 9-122.4 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1900

Materials

  • Construction materials: Other - See Remarks

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Refrigerator

Basement

  • Has basement: Yes

Features

  • Storage
  • Door features: Wood
  • Flooring: Carpet
  • Finished area above ground: 2,137

Foyer

  • Level: E

Heating & Cooling

  • Heating features: Forced Air Gas,Heat Pump Electric
  • Cooling features: Central Air,Heat Pump Electric

Interior Area

  • Total structure area: 2,137
  • Total interior livable area: 2,137 sqft

Property

Details

  • Parcel number: 1031705
  • Zoning: MX

Features

  • Levels: Two
  • Stories: 2
  • Patio & porch: Front Porch

Lot

  • Lot size: 7,405 sqft
  • Features: Level

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 $1,764$21,168
Home Insurance *$270$3,240
Property Taxes $355$4,260
Electricity $205$2,470
Total$2,594$31,128
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$88,937/yr
40% on housing$77,820/yr
45% on housing$69,173/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

$163This listing

vs Other Active Listings

Avg $/sqft

ZIP 24016$117
Roanoke City$133

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)

Price History

DateEventPrice
2026-06-04Listed for sale$349,000

For Sale by Agent

AgentDAVID A THOMPSON
BrokerageEXP REALTY LLC - STAFFORD

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