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6-Unit Apartment Building
For Sale
$1,175,000

524 Calhoun Street, Radford, VA 24141

Across from Radford University, the property includes shared laundry and HOA-managed parking permits.

Property Size2,880 SF
Price / SF$407.99
Days on Market32

Property Features for 524 Calhoun Street

General Information

Standard status Active
Size 2,880 SF
Property subtype Multi Family Home

Units

Unit Mix 2 x 5bd/2.5bth, 1 x 4bd/2.5bth, 2 x 3bd/1.5bth, 1 x 2bd/1bth
Multifamily Units 6

Additional Details

Tenant in Place Yes

Amenities

on-site laundry room

Building Details

Building Size 2,880 SF
Stories 3
Units 6
Listing Agency: Berkshire Hathaway Home Services Mountain Sky Properties-Blacksburg
Listed By: Elaine Smith · License #0225239057
Source: Giesencaldwell
Added: Sep 22 Changed: Oct 23 Last Checked: Oct 23 at 4:50PM

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 Berkshire Hathaway Home Services Mountain Sky Properties-Blacksburg

Rey
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Investment Insights

Based on property information with market context.

This 2,880-square-foot apartment property contains six townhouse-style condominium units. The unit mix includes two five-bedroom, 2.5-bath units; one four-bedroom, 2.5-bath unit; two three-bedroom, 1.5-bath units; and one two-bedroom, one-bath unit. Washer and dryer hookups are present in some units, and the property has received updates. An on-site laundry room is also available.

The building is directly across from Radford University. Five of the six units are leased; one is being held available for listing purposes. The HOA covers trash removal and parking permits.

Key Highlights

  • Six units totaling 2,880 square feet
  • Across from Radford University
  • Unit mix: two 5 bd/2.5 bth, one 4 bd/2.5 bth, two 3 bd/1.5 bth, and one 2 bd/1 bth

Property Analytics

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Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

581
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
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Across from Radford University, the property includes shared laundry and HOA-managed parking permits.
Where is this apartment building located?
The property is located at 524 Calhoun Street Radford, VA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Six units totaling 2,880 square feet; Across from Radford University; Unit mix: two 5 bd/2.5 bth, one 4 bd/2.5 bth, two 3 bd/1.5 bth, and one 2 bd/1 bth
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