GREAT INVESTMENT PROPERTY. THIS HOME FEATURES 3 BEDROOMS, 1 BATH, NICE LIVING ROOM, UPDATED KITCHEN, LARGE ENCLOSED BACK PORCH OFF THE KITCHEN AND A PART BASEMENT. HOME SOLD AS IS. SELLER WILL MAKE NO REPAIRS. 'Due to condition, the property may have health/safety risk(s). Prior to entry / access, all parties must sign a Hold Harmless Agreement and the property may only be shown by appointment'. HOLD HARMLESS FORM IS UNDER DOCUMENTS.
Melrose-Rugby, located between Downtown Roanoke and the Hollins area, is a historic and residential Roanoke neighborhood with early-20th-century streetscapes and a grid of walkable blocks. The neighborhood’s character concentrates around the Melrose Avenue NW corridor near the Melrose Branch Library, where corner storefronts, community services, and everyday foot traffic set the tempo. Housing leans toward classic American foursquares, bungalows, and brick colonials with deep porches and mature trees. The Gainsboro Branch YMCA anchors daily routines with courts, classes, and gathering space. Nearby, the Roanoke Civic Center (Berglund Center) and the Roanoke Pinball Museum add a cultural pulse just beyond the neighborhood edge. Green relief comes via the Roanoke River Greenway, linking the area to riverfront paths and downtown streets.
Provided by Walk Score and Local Logic
Offer insights
1601 Cove Rd NW · $119,000
$121K and above
75% chance or better to win
Why $121K+ is a strong offer
DAYS ON MARKET
8 days
The average home goes pending in 19 days.
SALE-TO-LIST
97.6%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
Carpet and vinyl flooring
Bedrooms
Three bedrooms, all on the main level
Bathrooms
One full bathroom on the main level
Flooring
Carpet
Vinyl
Heating & cooling
Heat pump (electric) providing heating
Home has cooling
Exterior features
Approximately 0.2-acre lot (about 8,712 sq ft)
Home design
Residential property
Built in 1958
Construction
Built in 1958
Utilities
Has heating and cooling
Heat pump (electric)
Electricity and solar
View estimated energy costs and solar savings for this home
This newly renovated brick ranch is a must see! The updated kitchen includes stainless steel appliances, NEW cabinets, NEW windows, NEW flooring and Butcher Block countertops! FRESH paint and carpet throughout! The bathroom has been customized with porcelain tile flooring, Bluetooth exhaust fan and matte black accent hardware. W/ D hook up in the Florida Room as well as in the basement. The black accent recessed lighting in the open living room complements the custom accent wall and the features throughout the home. Conveniently located to EVERYTHING! Come inside, take a look and make an offer! Not expected to last long.
MLSRV #891415
Jul 19, 2022
Sold
$65,000
$70/sq ft
Jul 18, 2022
Listed
$65,000
$70/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$179 (+2.8%)
$26,600 + $146,900
$173,500
2024
$174 (+4.3%)
$23,100 + $134,000
$157,100
2023
$167 (−86.3%)
$17,600 + $89,800
$107,400
2022
$1,221 (+6.7%)
$17,600 + $89,800
$107,400
2021
$1,144 (+113.8%)
$15,200 + $71,800
$87,000
2020
$535
$15,200 + $66,100
$81,300
2019
$535
$12,600 + $61,100
$73,700
2018
$535 (+12.6%)
$12,600 + $56,200
$68,800
2017
$475
$12,600 + $57,500
$70,100
2016
$475 (+6.5%)
$12,600 + $56,900
$69,500
2014
$446
$14,500 + $57,700
$72,200
Public record
Public record
Zoning
Permits
Beds
3
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
8,632 Sq. Ft.
Year renovated
—
Finished Sq. Ft.
925
Unfinished Sq. Ft.
—
Total Sq. Ft.
925
Year built
1958
Style
Single Family Residential
County
Roanoke City
APN
2350408
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 3, 2026.
R-7
AIRPORT
NDD
Residential District
The purposes of the R-7 districts are to provide a range of housing options and to provide opportunities for compatible home-based entrepreneurship. Dimensional and supplemental regulations implement standards that control building form building placement and other characteristics of development. These districts cover the majority of the City's land area and contain most of Roanoke's housing supply
Zone overlays
Permitted uses
Include but are not limited to:
Garden center
Housing
Infrastructure
Communications tower
Apr 30, 2020 • Final
Residential plumbing
Replace the water line.
Plumbing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
7 days above 101° expected this year, 18 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Roanoke, VA • 24017
Average low and high temperatures (°F)
43
26
50
32
67
42
75
51
75
56
87
66
89
71
81
64
79
60
71
48
61
42
47
31
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
94/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.8 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1601 Cove Rd NW
$121,865
$2,865 over list price of $119K
Nearby comparable homes
The Redfin Estimate uses 5 recent nearby sales, priced between $73K to $175K.