518 Spring Ave SE, Wise, VA 24293
Property image
Property image
FOR SALE
0.5 ACRES

518 Spring Ave SE
Wise, VA 24293

  • 2 Beds
  • 1 Bath
  • 761 sqft (on 0.50 acres)

$125,000

Original price: $135,000
Est. Mortgage $768/mo*

$125,000

Original price: $135,000
Est. Mortgage $768/mo*
2 Beds
1 Bath
761 sqft
(on 0.50 acres)

Home Highlights

Outdoor
Porch, Deck
Climate Control
Heating & Cooling
Price/Sqft
$164
Listed
77 days ago

Local Information

  • Map ViewExplore the area around 518 Spring Ave SE.
  • Schools5 Preschool Schools8 Elementary Schools5 Middle Schools3 High Schools
  • Shop & Eat
-- mins to
Commute Destination

About this House

Looking for a sweet starter home, a savvy investment property, or the perfect spot to downsize? Look no further. Tucked away on Spring Ave SE, this cozy 2-bedroom, 1-bathroom well-maintained cottage brings classic character and effortless potential straight to the heart of Wise. This location is perfect for quick access to UVA-Wise, downtown Wise, and just everything Wise has to offer.

With 761 square feet of efficient, highly functional living space, this home is all about low-maintenance living without sacrificing that warm, welcoming feeling. Stay comfortable year-round with the home's newly installed highly efficient, multi-zone mini-split HVAC system. Enjoy customized climate control in different rooms while significantly lowering your monthly energy bills. An additional bonus to this property is a heated and cooled 240 sq. ft. finished detached area that can be used as a man cave, she-shed, bedroom, studio, or office.

Information has been pulled from public sources and while deemed reliable, all buyers and buyer's agents should verify. Subject to errors and omissions.

Home Details for 518 Spring Ave SE

Interior Features

Interior Details
Basement: Crawl SpaceNumber of Rooms: 5
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 1Number of Bathrooms (full): 1
Dimensions and Layout
Living Area: 761 Square Feet
Appliances & Utilities
Utilities: Electricity Connected, Sewer Connected, Water ConnectedAppliances: Electric Range, RefrigeratorLaundry: Electric Dryer Hookup,Washer HookupRefrigerator
Heating & Cooling
Heating: Central,OilHas CoolingAir Conditioning: Central Air,Wall Unit(s)Has HeatingHeating Fuel: Central
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Window: Insulated WindowsFlooring: Laminate
Levels, Entrance, & Accessibility
Stories: 1Levels: OneFloors: Laminate
View
No View

Exterior Features

Exterior Home Features
Roof: Composition ShinglePatio / Porch: Back, Deck, Front PorchFoundation: Block
Parking & Garage
No CarportNo Attached GarageNo Open ParkingParking: Unpaved
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Topography: Cleared, Rolling Slope

Days on Market

Days on Market: 77

Property Information

Year Built
Year Built: 1940
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialStructure Type: HouseArchitecture: Cottage
Building
Construction Materials: Vinyl Siding, PlasterNot a New ConstructionDoes Not Include Home Warranty
Property Information
Condition: AverageParcel Number: 013822

Price & Status

Price
List Price: $125,000Price Per Sqft: $164

Active Status

MLS Status: Active

Location

Direction & Address
City: WiseCommunity: Not In Subdivision
School Information
Elementary School: Wise ElementaryJr High / Middle School: L. F. AddingtonHigh School: Central (Wise, Va)

Agent Information

Listing Agent
Listing ID: 9995850

Building

Building Area
Building Area: 761 Square Feet

HOA

No HOA

Lot Information

Lot Area: 0.50 acres

Offer

Listing Terms: Cash, Conventional, FHA, USDA Loan, VA Loan

Miscellaneous

Mls Number: 9995850
Last check for updates: 1 day ago
Listing courtesy of Robin Dotson, (276) 393-3964
Ridgeview Real Estate, (276) 328-0055
Source: TVRMLS, MLS#9995850
Also Listed on TVRMLS.

Market trends in Wise

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
23
3
MoM

Price History for 518 Spring Ave SE

DatePriceEventSource
07/04/2026$125,000PriceChange
TVRMLS #9995850
05/23/2026$135,000Listed For SaleTVRMLS #9995850

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Property Tax and Assessment

Year2025
Tax$264
Assessment$38,300
Home facts updated by county records

Comparable Sales for 518 Spring Ave SE

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.06
Single-Family Home
$342,000
11/13/25
4
2.5
3,528
0.36
Single-Family Home
$149,500
04/30/26
3
2
1,417
0.57
Single-Family Home
$143,500
05/01/26
3
2
1,492
0.73
Single-Family Home
$101,000
07/16/26
2
2
1,764
0.45
Single-Family Home
$210,000
12/12/25
3
2
1,589
0.57
Single-Family Home
$143,500
04/30/26
3
2
1,765
0.68
Single-Family Home
$100,000
11/03/25
4
1
1,540
0.56
Single-Family Home
$79,000
05/08/26
2
1
986

Nearby homes

Get a sense of prices in the area by checking nearby homes.
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Assigned Schools

These are the assigned schools for 518 Spring Ave SE.
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Wise

At least 11 Trulia users voted on each feature.
  • 92 % Say people would walk alone at night

  • 92 % Say car is needed

  • 88 % Say yards are well-kept

  • 81 % Say there's wildlife

  • 79 % Say parking is easy

  • 79 % Say there's holiday spirit

  • 75 % Say it's quiet

  • 71 % Say kids play outside

  • 69 % Say streets are well-lit

  • 67 % Say it's dog friendly

  • 64 % Say neighbors are friendly

  • 47 % Say it's walkable to grocery stores

  • 47 % Say they plan to stay for at least 5 years

  • 46 % Say it's walkable to restaurants

  • 27 % Say there are community events

  • 20 % Say there are sidewalks

Sourced by Trulia users. Learn more about our methodology.
  • Bnanden
    "Wise is close to several employment opportunities and I don’t know of public transportation but this is limited. "
  • Ashley F.
    "Every holiday is celebrated and everyone decorates their homes. Halloween is a huge deal and the whole county brings their kids to our neighborhood! "
  • Ashley F.
    "Wonderful place to raise kids. Beautiful, safe area and great schools. Very quiet neighborhood and great sense of community. "
  • Ida_mullins55
    "Annual Fall Fling UVA Wise sports weekly farmers market concerts in park Chill And Grill annually ProArts Arts and Music performances Community College nearby "
  • Kinsley_powers
    "Dogs should be kept on a leash, but there is a great area to walk them through the neighborhood. There are many dog owners where we live. "

LGBTQ Local Legal Protections

Frequently asked questions about 518 Spring Ave SE

  • What is the estimated monthly payment for 518 Spring Ave SE?
    Based on a $125,000 list price with 20% down at today's rates, the estimated monthly payment for 518 Spring Ave SE in Wise, VA is approximately $784 (about $651 principal & interest, $58 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • What do residents say about Wise?
    Residents describe Wise, VA as well-kept, easy to park in, and quiet. Most residents say you need a car. See homes for sale in Wise, VA.
  • What are the closest schools to 518 Spring Ave SE?
    The closest schools to 518 Spring Ave SE in Wise, VA are Central High School (rated 9/10), Coeburn Middle School (Elementary, rated 9/10), Coeburn Primary School (Pre-K, rated 10/10).
  • Does 518 Spring Ave SE have air conditioning?
    Yes, 518 Spring Ave SE in Wise, VA has air conditioning.
  • Does 518 Spring Ave SE have laundry facilities?
    Yes, 518 Spring Ave SE in Wise, VA has laundry facilities.
  • How big is the lot at 518 Spring Ave SE?
    The lot at 518 Spring Ave SE in Wise, VA is about 0.50 acres (21,780 sq ft).
Robin Dotson, Ridgeview Real Estate, (276) 328-0055
Agent Phone: (276) 393-3964
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited Listing information is deemed reliable, but not guaranteed.
518 Spring Ave SE, Wise, VA 24293 is a 2 bedroom, 1 bathroom, 761 sqft single-family home built in 1940. This property is currently available for sale and was listed by TVRMLS on May 23, 2026. The MLS # for this home is MLS# 9995850.