Highland Ave - Multifamily
Three-unit historic multifamily in Old Southwest
Marketing description
518 Highland Avenue SW is a remodeled historic three-unit multifamily located in Roanoke’s highly desirable Old Southwest neighborhood. The property offers a functional unit mix within a submarket known for strong tenant demand, limited rental inventory, and consistent occupancy. Situated on a quiet, tree-lined street near downtown Roanoke and Grandin Village, the asset benefits from long-term rental stability and classic architectural character.
Investment highlights
• Three-unit historic multifamily in Old Southwest
• Strong rental demand in a supply-constrained submarket
• Quiet residential street with proximity to downtown and Grandin Village
• Value-add potential through future system upgrades
• Ideal for investors seeking a small multifamily in a proven neighborhood
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