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As-Is Multifamily Property
For Sale
$240,000

216 3rd Street, Radford, VA 24141

Features include window units, vinyl and wood flooring, and a mixed-material exterior.

Property SizeContact for details
Days on Market254

Property Features for 216 3rd Street

General Information

Standard status Active
Property subtype Multi-Family / Multi-Family

Taxes and HOA fees

Annual Taxes $1,953

Amenities

Window Unit(s)
Vinyl, Wood Floors
Other
No
Aluminum Siding, Stone, Wood Siding

Building Details

Year Built 1900
Listing Agency: Real Broker, LLC
Listed By: Joshua Rose · License #0225270736
Source: Compass
Added: Dec 20, 2025 Changed: Aug 30 Last Checked: Aug 30 at 10:48PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker, LLC

Investment Insights

Based on property information with market context.

Located at 216 3rd Street in Radford, this multifamily property was built in 1900 and is offered in as-is condition. Interior finishes include vinyl and wood flooring, while window units provide cooling. The exterior combines aluminum siding, stone, and wood siding.

The property is positioned in a residential setting away from Radford University. Blacksburg is approximately a 20-minute commute, with access to Virginia Tech, downtown, shopping, dining, and surrounding areas. The existing home is identified as suitable for renovation, resale, or rental use, subject to the buyer’s plans and due diligence.

Key Highlights

  • Built in 1900
  • Offered in as‑is condition
  • Interior includes vinyl and wood flooring

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick HVAC Service Auto Parts Store Kitchen & Bath Showroom Parking Lot & Garage Nail Salon Cafe & Coffee Shop

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

Location Intelligence

Trade Area within ½ mile

495
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Features include window units, vinyl and wood flooring, and a mixed-material exterior.
Where is this multifamily property located?
The property is located at 216 3rd Street Radford, VA.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: Built in 1900; Offered in as‑is condition; Interior includes vinyl and wood flooring
More about this property
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