Radford Multifamily Investment
For Sale
$1,600,000
1201-1217 Fairfax St, Radford, VA 24141
MULTI_FAMILY - Radford, VA
Property SizeContact for details
Lot Size0.75 Acres
Days on Market136
Property Features for 1201-1217 Fairfax St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-4
Parking
30
View
City
Directions
From the intersection of Jefferson St and Tyler Rd in Radford, Take Tyler Rd to a left onto Fairfax St. Properties are on the left.
Subdivision
0900 - City of Radford
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 Agency:
EXP REALTY LLC - STAFFORD
(540) 300-6560
Listed By:
RILEY MADISON HALL · License #0225254275
(866) 825-7169
Added: Mar 27
Changed: Jun 10
Last Checked: Aug 9 at 9:06PM
MLS# 925949
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
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
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.
