1201 - 1217 Fairfax Street, Radford, VA 24141

Building Details

Floors in Building

2

Number of units

5

Listing agent Leilani Barnes License #0225251074 Show Phone

Listing office eXp Realty L***@exprealty.com 800 Corporate Drive #301, Richmond, VA Show Phone

Listing date Mar 28, 2026

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MLS# 426757 Listing URL

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.

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Overview

This for-sale Radford portfolio features five side-by-side homes, listed as package only. The properties are under R-4 zoning and are configured as separate residential units with individual tax IDs provided for each address: 1201, 1205, 1207, 1211, and 1217 Fairfax Street. The listing includes unit mix and approximate sizes for each home, with rents cited per address.

The offering totals approximately 0.75 acres and is positioned along Fairfax Street. The remarks indicate Quick Way is across the street and Radford University is within walking distance, supporting a location that can appeal to tenant demand tied to the university area.

For investors or owners seeking a small, consolidated residential income package, this structure provides five contiguous homes sold together, with the current income reported at about $12,000 per month and “market potential” noted around $14,100 per month in the listing materials. Each home’s rent and unit configuration are documented in the remarks, which can help buyers and their advisors underwrite the portfolio as a single acquisition rather than multiple separate transactions.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

• Map
• Local Demand

City

Radford

County

Radford

State

Virginia

Longitude

-80.556353

Latitude

37.13636

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FAQs

What type of property is this?

Apartment building - Five R-4 zoned homes with current rental income and walkability to Radford University.

Where is this apartment building located?

The property is located at 1201 - 1217 Fairfax Street 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: R‑4 zoned Radford portfolio with five side‑by‑side homes on Fairfax St; About 0.75 acres total for the package sale only; Current income about $12,000/month; market potential around $14.1K/month