415 Day Ave Sw, Roanoke
(540) 529-4294
Red Key Realty
Old Southwest is Roanoke's showcase of historic architecture, just southwest of downtown. Its streets are lined with Queen Anne, Colonial Revival, Neoclassical, Foursquare, Craftsman and Shingle-style homes, many with big porches and original details, all within walking distance of downtown restaurants and the City Market.
As of November 2026, there are about 11 homes and condos for sale in Old Southwest. Most are priced between about $240,000 and $445,000, with an average asking price around $320,000. Homes here are large for the price, averaging close to four bedrooms and 2,400 square feet, which works out to roughly $145 per square foot, among the lowest in the city for this much house. Figures come from live MLS data, change daily and are rounded.
Most of the neighborhood was built between the 1880s and 1930, when it was one of Roanoke's premier addresses. After a postwar decline, residents began restoring homes in the 1970s, and today most of the neighborhood lies within the Southwest Historic District, listed on the Virginia Landmarks Register and the National Register of Historic Places since 1985. The neighborhood group, Old Southwest, Inc., won the 2010 National Neighborhood of the Year grand prize from Neighborhoods USA.
Highland Park, opened in 1901 as Roanoke's first public park, is the neighborhood's green space and includes the city's first off-leash dog park. Old Southwest runs roughly from Jefferson Street west to 10th Street, between Day and Marshall Avenues and the railroad tracks, with shops and services along Franklin Road.
Love historic homes? Contact The Lee Team or call (540) 529-4294, or get a free home valuation.
More Roanoke neighborhoods: Raleigh Court, Grandin Court, Wasena, South Roanoke, Downtown. See all neighborhood guides.
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