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2240 Memorial Ave

Roanoke, VA 24015

4 bd 2 ba 2,252 sqft Built 1925 Lot 10,890 sqft single_family
Most recent sale
$390,000
Jul 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 29, 2022 Sold $390,000 Roanoke
Jun 16, 2022 Listed $390,000 Roanoke
Jun 7, 2021 Sold $304,000 Roanoke
Sep 16, 2005 Sold $122,500 Public Record
Jan 1, 2005 Sold $122,500 Public Record
Jan 1, 1999 Sold $76,450 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $349,100 $51,200 $400,300 $5,114
2023 $243,500 $35,600 $279,100 $3,615
2022 $215,300 $28,500 $243,800 $3,171
2021 $152,800 $26,100 $178,900 $2,367
2020 $145,100 $24,200 $169,300 $2,237
2019 $142,200 $22,000 $164,200 $2,174
2018 $135,800 $22,000 $157,800 $2,096
2017 $129,100 $22,000 $151,100 $1,919
2016 $131,100 $22,000 $153,100 $1,943
2015 $128,500 $22,000 $150,500 $1,886
2014 $118,700 $22,000 $140,700 $1,699
2013 $118,700 $26,400 $145,100 $1,726
2012 $118,700 $26,400 $145,100 $1,726
2011 $118,700 $26,400 $145,100 $1,726
2010 $118,700 $26,400 $145,100 $1,726
2009 $118,700 $26,400 $145,100 $1,726
2008 $118,700 $26,400 $145,100 $1,726

Property facts

Year built
1925
Property type
single_family
Stories
2
Beds
4
Baths
2
Living area
2,252 sqft
Lot size
10,890 sqft
ZIP code
24015
City
Roanoke
Street
Memorial Ave
Coordinates
37.26653, -79.98400

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$3,378
Gross rental yield
10.39%
Implied cap rate
6.76%
Trend-extrapolated value

Frequently asked questions

When did 2240 Memorial Ave last sell?
2240 Memorial Ave most recently sold on Jul 29, 2022 for $390,000.
What is the current tax assessment for 2240 Memorial Ave?
The most recent total assessment for 2240 Memorial Ave (year 2025) is $400,300 with $5,114 in property tax.
How does 2240 Memorial Ave's assessment compare to its last sale price?
The current assessment is 2.6% above the last sale price of $390,000.
When was 2240 Memorial Ave built?
2240 Memorial Ave was built in 1925.
How does 2240 Memorial Ave compare to others on Memorial Ave?
We track 8 other properties on Memorial Ave. Browse the list under "Other properties on Memorial Ave" to compare beds, baths, and sale history.
What are the property facts for 2240 Memorial Ave?
2240 Memorial Ave is a 4 bed, 2 bath, 2,252 sqft, 10,890 sqft lot single_family.
Is 2240 Memorial Ave a flip candidate?
Yes — 2240 Memorial Ave appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 2240 Memorial Ave a tax-appeal candidate?
No — 2240 Memorial Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.5%
Implied 1-yr
+6.1%
2026 Q3
$332.3K
2026 Q4
$336.9K
ZIP 24015 — Median Price History + Forecast

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