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13162 Riverside Dr, Oakwood, VA, 24631

2beds
2baths
1,200sqft
$50,000
$42price/sqft
$485/moest. monthly cost
$19,400/yrincome needed

About This Home

Investor Special – Two Homes for the Price of One! Unlock the potential with this unique opportunity featuring two separate homes situated on a little over 2.25 acres. Each home offers 1 bedroom and 1 bathroom, making this an ideal setup for rental income, multi-generational living, or a creative renovation project. Whether you're looking to expand your investment portfolio or take on your next fixer-upper, this property offers flexibility and value. Conveniently located just minutes from the Appalachian College of Pharmacy. Bring your vision and turn this promising property into something special—opportunities like this don't come around often!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
3
BikeSomewhat Bikeable

Schools

3/10
Grundy High SchoolGrades 9-124.7 mi

Construction

Condition

  • Year built: 1952

Materials

  • Foundation: Slab
  • Roof: Shingle
  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Cottage
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None
  • Laundry features: Main Level

Basement

  • Area: 0

Basement

  • Basement: None

Bathroom

  • Level: Main

Bedroom2

  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 2

Features

  • Paneling
  • Window features: Single Pane,Wood Frames
  • Flooring: Laminate
  • Fireplace features: None
  • Finished area below ground: 0
  • Finished area above ground: 1,200

Heating & Cooling

  • Heating features: Has Heating (Unspecified Type)
  • Cooling features: None

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,200 sqft

Kitchen

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 2HH119026INSTASEC
  • Zoning: r

Features

  • Stories: 1
  • Patio & porch: Covered,Porch
  • Exterior features: Lighting
  • Fencing: Chain Link
  • Has view: Yes
  • Water view: None
  • Waterfront features: None

Lot

  • Lot size: 2.25 Acres
  • Features: Irregular Lot,Rolling Slope,Steep Slope,Views

Parking

  • Parking features: Driveway,Gravel

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

  • Cold Wave
    Cold WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Landslide
    LandslideModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Inland Flooding
Landslide
Lightning
Strong Wind
Winter Weather

FEMA Declared Disasters Across Virginia Counties

Flood
Severe Storm
Tornado
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 $252$3,024
Home Insurance *$31$372
Property Taxes $0$0
Electricity $202$2,433
Total$485$5,820
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$16,628/yr
40% on housing$14,550/yr
45% on housing$12,933/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: 5.0%
5.0%
0%30.0%
Electricity Growth Rate10-year average: 7.8%
7.8%
0%15.0%
Property Taxes Growth Rate2-year average: -0.8%
-0.8%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$42This listing

vs Other Active Listings

Avg $/sqft

ZIP 24631$59
Buchanan County$82

vs Homes Sold Last Month

Median $/sqft

ZIP 24631
Buchanan County$105

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
2026-04-24Listed for sale$50,000

For Sale by Agent

AgentAmanda Knepper
BrokerageDream Home Realty LLC

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