Blacksburg, VA Residential income properties for sale

Multi-Family Portfolio with Cottage Homes

$1,295,000

3,500 SF

Multi-Family Portfolio with Cottage Homes

495,500,501,508 PIEDMONT Street, Blacksburg, VA 24060

Three cottage homes plus two additional building lots on 2.7 acres, suited for rental income and future development.

3 cottage homes in very good condition with stated income of $48,000 per year
2 additional building lots for future rental property development
Large .907‑acre lot described as very private for building a home in town
Total contiguous acreage of 2.7 acres, exceeding the minimum 2 acres for NEW ORDINANCE 2053 small lot subdivision
Zoned per Sec 3043 (zoning identified in remarks)

Updated: May 22

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$955,000

2.45 Acres

Small-Lot Development Parcel

508,501,495 PIEDMONT Street, Blacksburg, VA 24060

Assembled 2.45-acre site with two cottage homes and two vacant lots for small-lot development under R-4 rules.

Development opportunity with 2 cottage homes and 2 vacant lots totaling 2.45 acres
Small‑lot subdivision complies with the zoning amendment minimum of 2 acres (amendment approved Nov 2024)
Includes vacant lot at 495 Piedmont St. (TX ID 004325), 0.2783 acre
Includes vacant lot at 508 Piedmont St. (TX ID 018450), 1.078 acre
Includes vacant lot at 501 Piedmont St. (TX ID 004324), 0.194 acre

Updated: May 18

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$379,900

1,808 SF

Architecturally Designed Duplex

Well-updated duplex in the Blacksburg School District with separate layouts, private baths, and fenced back yards.

1426 SANDY Circle, Blacksburg, VA 24060

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$3,480,000

1.19 Acres

Blacksburg Commercial Property For Sale

Main Street location near Virginia Tech with development potential.

1107 N Main St, Blacksburg, VA 24060

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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 4 Active listings in Blacksburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

$1,600,000

8,263 SF

Side-by-Side Multifamily Portfolio

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

1201 - 1217 Fairfax Street, Radford, VA 24141

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Radford Multifamily Investment Portfolio

$1,600,000

0.75 Acres

Radford Multifamily Investment Portfolio

Five homes near Radford University generating substantial monthly income.

1201-1217 Fairfax St, Radford, VA 24141

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$249,000

0.12 Acres

Historic Mixed-Use Building

Historic building with restored interior details, flexible office and residential layout, and a central tower with views.

110 N Washington Avenue, Pulaski, VA 24301

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East Main Street Redevelopment Opportunity

$725,000

12,760 SF

East Main Street Redevelopment Opportunity

Versatile 12,500 SF building with redevelopment potential on Main Street.

65 E Main St, Pulaski, VA 24301

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

$8,774,900

135.00 Acres

Expansive Land Parcel in Blacksburg

135+ acre parcel ideal for multifamily or mixed-use development.

1801 Toms Creek Rd, Blacksburg, VA 24060

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Blacksburg Land with Subdivision Potential

$399,000

2.04 Acres

Blacksburg Land with Subdivision Potential

Residential land with subdivision potential, convenient to amenities and campus.

507 Nellies Cave Road, Blacksburg, VA 24060

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$3,880,500

59.30 Acres

Large Land Assemblage in Blacksburg

421+/- acres of contiguous land available in Blacksburg, Virginia.

Hidden Valley Dr, Blacksburg, VA 24060

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$9,401,990

144.62 Acres

Large Land Assemblage in Blacksburg

421+/- acres of land available in Blacksburg, Virginia.

Toms Creek Rd, Blacksburg, VA 24060

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Off-Market Properties in Blacksburg, VA

Consider similar Off-Market properties in Blacksburg, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Land

Lot: 10.03 Acres

Value Estimation by Request

Triangle St

0 Triangle St, Blacksburg, VA 24060

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Land

Lot: 43.00 Acres

Value Estimation by Request

Clay St

0 Clay St, Blacksburg, VA 24060

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Blacksburg, VA Residential Income Properties Market Trends and Statistics

Explore 6 residential income properties for sale in Blacksburg, VA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 5,308 square feet of properties for sale, with an estimated market value of $1,674,900.

Sale prices for residential income properties in Blacksburg, VA start at $379,900, averaging $837,450, and reaching up to $1,295,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
24060	$1.7M

Neighborhood

Average Price

24060

$1.7M