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Radford Multifamily Investment Portfolio

1201-1217 Fairfax St Radford, VA 24141

Claim this Listing
For Sale
$1,600,000

MULTI_FAMILY - Radford, VA

Lot size:
0.75 Acres
Added:
Mar 27, 2026
Days on Market:
106
Last Refresh:
Jul 10 at 7:06 pm

Property Features for 1201-1217 Fairfax St

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-4
Parking
30
Standard status
Active
APN
68214B
Lot size
0.75 Acres

Taxes and HOA fees

Tax Annual Amount
7154

Utilities

Sewer type
Public Sewer
Water source
Public

Building Details

Year built
1923
Number of units
5
Building materials
Brick, Vinyl Siding

Listing agent RILEY MADISON HALL

Listing office EXP REALTY LLC - STAFFORD 800 CORPORATE DR, STE 301, Richmond, VA

Listing date Mar 27, 2026

MLS# 925949 Listing URL

Copyright © 2026 Roanoke Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This offering consists of a portfolio of five homes situated side-by-side on Fairfax Street in Radford, Virginia. The properties are zoned R-4 and have a strong rental history. The location is within walking distance of Radford University, with Quick Way located across the street. The combined properties currently generate approximately $12,000 per month, with potential to reach around $14,100 per month at market rates. The package includes five distinct properties: 1201 Fairfax St (Tax ID 6-8-214B) featuring 5 bedrooms and 2 bathrooms within 1,834 square feet, currently rented for $2,250; 1205 Fairfax St (Tax ID 6-(8)-212B) with 3 bedrooms and 1 bathroom in 1,129 square feet, rented for $1,350; 1207 Fairfax St (Tax ID 6-(8)-210) offering 7 bedrooms and 2 bathrooms across 2,064 square feet, rented for $3,500; 1211 Fairfax St (Tax ID 6-(8)-208) featuring 6 bedrooms and 2 bathrooms within 1,862 square feet, rented for $3,000; and 1217 Fairfax St (Tax ID 6-(8)-2A) with 4 bedrooms and 2 bathrooms in 1,374 square feet, rented for $1,800. The combined lot size is approximately 0.75 acres. This is a package sale only.

Key Highlights

  • Rare R‑4 Zoned Portfolio: Five homes side‑by‑side.
  • Strong Income Potential: Currently producing $12K/month with market potential around $14.1K/month.
  • Proximity to Radford University: Walkable location appealing to students and faculty.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Big Box & Wholesale Store Real Estate Agency Storage Facility Furniture & Home Goods Computer & Electronic Repair Grocery & Convenience Store Nail Salon (Bike/Boat/Book/etc) Store Building Supply Hair Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Five homes near Radford University generating substantial monthly income.
Where is this apartment building located?
The property is located at 1201-1217 Fairfax St Radford, VA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Rare R‑4 Zoned Portfolio: Five homes side‑by‑side.; Strong Income Potential: Currently producing $12K/month with market potential around $14.1K/month.; Proximity to Radford University: Walkable location appealing to students and faculty.
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