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520 Riverland Rd Se, 
Roanoke, VA 24014

$224,950

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Pending

Listed by

Kathy Chandler

Mkb, Realtors(R)

540-989-4555

Last updated:

December 17, 2025, 12:58 AM

MLS#

923348

Source:

VA RVAR

About This Home

520 Riverland Rd Se

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.

Home Facts

Multi-Family

Built in 1924

Price Summary

224,950

MLS #:

923348

Last Updated:

December 17, 2025, 12:58 AM

Structure

Structure

Year Built:

1924

Lot

Lot Size (Sq. Ft):

6,969

Finances & Disclosures

Finances

Price:

$224,950

Source:VA RVAR
The information being provided by Roanoke Valley Association Of REALTORS® Inc Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Roanoke Valley Association Of REALTORS® Inc Mls All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.