Overview

Luxury Homes for Sale in Old Southwest, Roanoke, VA

Old Southwest is one of the more affluent residential areas in Roanoke, VA.

It holds a rich historical legacy dating back to the late 19th century when the land was annexed from Roanoke County. This community welcomes you with its tree-lined streets and pleasant shady walkways, creating an inviting atmosphere. It has a mix of single and two-family homes along with four-or-more-family apartment buildings, each exquisitely detailed. Expansive porches with classic columns, intricate rooflines, charming dormers and towers, fancy millwork, and stained glass windows make it the most architecturally exciting neighborhood in the Roanoke Valley. Aside from this, locals are also drawn to the area due to the well-regarded Highland Park Elementary School, abundant parks, greenways, walking trails, a vibrant commercial corridor, and a desirable location that offers both convenience and appeal.

HISTORIC CHARM: Most of the neighborhood falls within the Southwest Historic District, proudly listed on the Virginia Landmarks Register and the National Register of Historic Places. As you stroll through its streets, you’ll encounter carefully preserved buildings. This includes the renowned Beth Israel Synagogue and the Alexander/Gish home, a log house with clapboard siding believed to date back to the mid-1800s, making it one of the oldest structures in the Roanoke Valley. It is also home to the city’s first public park, the 33-acre Highland Park. Living here fosters a sense of community pride and identity.

ARCHITECTURAL MARVELS: The houses in Old Southwest, Roanoke, VA, are a veritable treasure trove of architectural marvels. Discover the simplicity of the I-form and the craftsmanship of Queen Anne, Victorian, Colonial, Georgian Revivals, Tudor Revival, and Shingle houses. You will also find classic American Foursquare constructed from wood-frame, brick, occasionally cast stone, and the ever-popular Bungalow style. Old Southwest is a living museum of architectural heritage, where every corner reveals a different facet of design excellence.

DOWNTOWN PERKS: One of the standout benefits of living in Old Southwest is its proximity to Downtown Roanoke, just a few minutes walk away. This grants access to public services, commercial establishments, restaurants, and the region’s premier cultural amenities. Whether you’re looking to enjoy a night out on the town, access top-notch healthcare, or explore the city’s vibrant pulse, Old Southwest’s location places everything you need within arm’s reach. It’s a neighborhood that combines historic charm with modern convenience.

Market Overview

Roanoke Valley, VA Real Estate Information

Median Listing Price

$370,000

Median Price Per Sq Ft

$172

Average Days on Market

35

Median Price of Sold Homes

$307,000

Home Ownership Percentage

75.2%

Median Rent

$1,595

Homes in Old Southwest, Roanoke, VA

5 Real Estate Facts About Homes for Sale in Old Southwest, Roanoke, VA

  • Most Old Southwest buildings were constructed by the late 1920s. 
  • Old Southwest primarily features two-story houses with attics. While the eastern side retains some single-family homes and apartments, it has become a thriving office district.
  • Buyers can expect to spend from $255,000 to $799,000 for Old Southwest homes.
  • The livable interiors range from 1,600 to 4,200 square feet, with three to five bedrooms and one to three bathrooms.
  • The Old Southwest, Roanoke, VA, houses sit on lots ranging from 0.06 to 0.33 acres.
On the map

Old Southwest, Roanoke, VA Map

Marshall Ave SW outlines the northern perimeter of Old Southwest, while its southern border lies on Route 220 Highway. Elm Ave runs east to west while Franklin Rd runs north to south of the community.

Kyla
Take the next step

Ready to take the next step?

Kyla Aylor, your trusted Realtor in picturesque Roanoke Valley, VA. Kyla is dedicated to helping you find your dream home with a passion for real estate and unparalleled knowledge of the local market. She incorporates expertise, integrity, professionalism, and outstanding customer service to make your real estate journey smooth and successful. Whether buying or selling, Kyla is here to turn your real estate dreams into reality.

Meet the locals

Who Lives in Roanoke Valley, VA

Population

98,294

Median Age

38.9

Median Household Income

$88,880

Households

39,087

Household size

2.41

Cost of living

90.8

Entertainment

Things to do Around Old Southwest, Roanoke, VA

Highland Park

Its hilly terrain houses a disc golf course. At its center is a playground and an enclosed dog park.

5 Points Music Sanctuary

This vibrant venue hosts live performances, from local acts to nationally renowned artists.

Towers Shopping Center

A go-to destination to shop, dine, and explore all in one place.

Roanoke Pinball Museum

Take a nostalgic journey through gaming history with its collection of pinball machines and classic arcade games.

Education

Schools near Old Southwest, Roanoke, VA