Search
Updated Triplex With Separate Meters
For Sale
$199,900
Pending

1201 4TH Street, Radford, VA 24141

Multifamily, Farm House, Radford, VA

Property Size2,104 SF
Lot Size0.20 Acres
Days on Market136

Property Features for 1201 4TH Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Elementary school McHarg/Belle Heth
Middle school Dalton Inter
High school Radford
Elementary school district Radford
Middle school district Radford
High school district Radford
Directions From Main Street, turn onto Boling Street. From Boling, turn right onto 4th St. Triplex is on the corner of Boling and 4th Street; parking in front.
Subdivision Radford City
Standard status Pending
Size 2,104 SF
Lot size 0.20 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PLAN C RL&I CO SEC 15 LOT PT 13; PLAN C RL&I CO SEC 15 LOT PT 14-15
Tax Annual Amount 1081
Legal Description PLAN C RL&I CO SEC 15 LOT PT 13; PLAN C RL&I CO SEC 15 LOT PT 14-15

Utilities

Heating system Natural Gas, Forced Air
Water source Public

Building Details

Floors in Building 2
Number of units 3
Flooring type Vinyl, Carpet
Roof type Shingle
Architectural style Other
Listing Agency: Bondurant Realty Corp.
Listed By: Laura Edmonds · License #248616
Added: May 5 Changed: Sep 12 Last Checked: Sep 17 at 2:06PM
MLS# 427232

Copyright © 2026 New River 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 2,104-square-foot triplex contains three apartments: a one-bedroom unit, an efficiency apartment, and a two-bedroom residence. Each unit has a private kitchen and full bathroom. The upper-level two-bedroom apartment includes generous bedroom space, closets, living and dining areas, and a full kitchen; fresh paint and new carpet have been added. Flooring includes carpet and vinyl, with natural-gas forced-air heating and a shingle roof.

The property occupies 0.198 acres at 1201 4th Street in Radford, Virginia. Gas and electric service are separately metered for each apartment. Public water serves the property, while a new roof was installed in February 2023 and a sewer line was completed in January 2024.

Key Highlights

  • Three‑unit configuration with one‑bedroom, efficiency, and two‑bedroom apartments
  • 2,104 square feet on a 0.198‑acre lot in Radford, VA
  • Separate gas and electric meters for each unit

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Triplexes

Suggested Use

Top Pick Dental Office Electrical Service Kitchen & Bath Showroom HVAC Service Bakery Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

276
Businesses Nearby

Demographics for 24141, VA

20,308
Population
10,043
Households
2
Avg Household Size
34
Median Age
41%
College-Educated
94%
High-School Grad
65.6 sq mi
ZIP Area
310
Density / Sq Mi
$60,503
Median Household Income
$31,330
Median Earnings
$999
Median Rent
$230,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Triplex - Three separately metered apartments include distinct layouts, private kitchens, and full bathrooms within a compact multifamily property.
Where is this triplex located?
The property is located at 1201 4TH Street Radford, VA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Three‑unit configuration with one‑bedroom, efficiency, and two‑bedroom apartments; 2,104 square feet on a 0.198‑acre lot in Radford, VA; Separate gas and electric meters for each unit
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message