1201-1217 Fairfax ST, Radford, VA 24141
New Listing
$1,999,999
Property Type:
MultiFamily
Lot Size (sq. ft.):
32,670
Status:
Active
Current Price:
$1,999,999
List Date:
3/28/2026
Last Modified:
3/28/2026
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.
More Information MLS# 925949
Contract Information
Current Price: $1,999,999
List Price: $1,999,999
List Date: 2026-03-27
Status: Active
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
Location Legal Taxes
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
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: March - 28 - 2026
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