1201-1217 Fairfax ST, Radford, VA 24141

$1,600,000

Property Type: MultiFamily Lot Size (sq. ft.): 32,670 Status: Active

Current Price: $1,600,000 List Date: 3/28/2026 Last Modified: 8/18/2026

Overview

Description

Rare R-4 zoned Radford portfolio: five homes side-by-side on Fairfax St producing about $12K/month with market potential around $14.1K/month. Strong rental history, walkable to Radford University with Quick Way across the street. Includes 1201 (Tax ID 6-8-214B; 5/2, 1,834 sf, $2,250), 1205 (Tax ID 6-(8)-212B; 3/1, 1,129 sf, $1,350), 1207 (Tax ID 6-(8)-210; 7/2, 2,064 sf, $3,500), 1211 (Tax ID 6-(8)-208; 6/2, 1,862 sf, $3,000), 1217 (Tax ID 6-(8)-2A; 4/2, 1,374 sf, $1,800). Approx. 0.75 acres. Package sale only.

Listing Details MLS# 925949

Location, Tax & Legal

Area: 0900 - City of Radford
Street Number: 1201-1217
Street Name: Fairfax
Street Suffix: ST
State/Province: VA
Zip Code: 24141
Subdivision: N/A
Municipality: City of Radford
Elementary School: Other - See Remarks
Middle School: Other - See Remarks
High School: Other - See Remarks

General Property Description

Multi-Family Type: Other - See Remarks
Construction Status: Completed
Year Built: 1923
Number of Units: 5
# Unfurnished: 5
# Leased Units: 5
Gross Bldg SQFT: 10459
Total Acreage: 0.75
Basement Y/N: Yes
Parking Description: Private (10 or More)
# Vehicle Spaces: 30
Operating Expense: 34349
Net Operating Income: 108451
Gross Income: 142800
Water Class: N/A

More Information

Property Features

Limited Service: Not Limited Service Financing Options: Owner Financing Y Construction: Brick; Vinyl Basement: Other - See Remarks Heating: Other - See Remarks Cooling: Other - See Remarks Water Description: Public Sewer Description: Public Sewer Water Heater Type: Tank Water Heater Energy: Electric Amenities Common: Cable TV Lease Type: One Year Owner Expenses: Lawn Care Interior Features: Other - See Remarks Misc Features: Walk to School Internet Access: Cable Tenant Expenses: All Utilities

Listing Office: EXP REALTY LLC - STAFFORD

Last Updated: August - 18 - 2026

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