1201-1217 Fairfax ST, Radford, VA 24141
$1,600,000
Property Type:
MultiFamily
Lot Size (sq. ft.):
32,670
Status:
Active
Current Price:
$1,600,000
List Date:
3/28/2026
Last Modified:
5/07/2026
Overview
Description
Rare R-4 zoned Radford portfolio: five homes side-by-side on Fairfax St producing about $12K/month with market potential around $14.1K/month. Strong rental history, walkable to Radford University with Quick Way across the street. Includes 1201 (Tax ID 6-8-214B; 5/2, 1,834 sf, $2,250), 1205 (Tax ID 6-(8)-212B; 3/1, 1,129 sf, $1,350), 1207 (Tax ID 6-(8)-210; 7/2, 2,064 sf, $3,500), 1211 (Tax ID 6-(8)-208; 6/2, 1,862 sf, $3,000), 1217 (Tax ID 6-(8)-2A; 4/2, 1,374 sf, $1,800). Approx. 0.75 acres. Package sale only.
Listing Details MLS# 925949
Location, Tax & Legal
- Area
- 0900 - City of Radford
- Street Number
- 1201-1217
- Street Name
- Fairfax
- Street Suffix
- ST
- State/Province
- VA
- Zip Code
- 24141
- Subdivision
- N/A
- Municipality
- City of Radford
- Elementary School
- Other - See Remarks
- Middle School
- Other - See Remarks
- High School
- Other - See Remarks
- Major Area
- 09 - City of Radford
- Phase
- 0
- Lot
- 214,212,210,208,2
- Block
- n/a
- Tax ID
- 68214B
- Annual Taxes
- 7154
- Section
- n/a
- Zoning Code
- R-4
- POA Y/N
- No
General Property Description
- Multi-Family Type
- Other - See Remarks
- Construction Status
- Completed
- Year Built
- 1923
- Number of Units
- 5
- # Unfurnished
- 5
- # Leased Units
- 5
- Gross Bldg SQFT
- 10459
- Total Acreage
- 0.75
- Basement Y/N
- Yes
- Parking Description
- Private (10 or More)
- # Vehicle Spaces
- 30
- Operating Expense
- 34349
- Net Operating Income
- 108451
- Gross Income
- 142800
- Water Class
- N/A
- # Furnished
- 0
Remarks & Misc
- 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.
Limited Service
- Not Limited Service
- Yes
Financing Options
- Owner Financing Y
- Yes
More Information
Construction
- Brick
- Yes
- Vinyl
- Yes
Basement
- Other - See Remarks
- Yes
Views
- City
- Yes
Heating
- Other - See Remarks
- Yes
Misc Features
- Walk to School
- Yes
Cooling
- Other - See Remarks
- Yes
Water Description
- Public
- Yes
Sewer Description
- Public Sewer
- Yes
Water Heater Type
- Tank
- Yes
Water Heater Energy
- Electric
- Yes
Amenities Common
- Cable TV
- Yes
Lease Type
- One Year
- Yes
Owner Expenses
- Lawn Care
- Yes
Interior Features
- Other - See Remarks
- Yes
Internet Access
- Cable
- Yes
Tenant Expenses
- All Utilities
- Yes
Property Features
Limited Service:
Not Limited Service
Financing Options:
Owner Financing Y
Construction:
Brick; Vinyl
Basement:
Other - See Remarks
Heating:
Other - See Remarks
Cooling:
Other - See Remarks
Water Description:
Public
Sewer Description:
Public Sewer
Water Heater Type:
Tank
Water Heater Energy:
Electric
Amenities Common:
Cable TV
Lease Type:
One Year
Owner Expenses:
Lawn Care
Interior Features:
Other - See Remarks
Misc Features:
Walk to School
Internet Access:
Cable
Tenant Expenses:
All Utilities
Listing Office:
EXP REALTY LLC - STAFFORD
Last Updated: May - 07 - 2026
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