Explore the possibilities at 1618 Downey Street in Radford, Virginia! Zoned R-4, this duplex features one 1-bedroom unit and one 2-bedroom unit. Some improvements and renovations have been completed, including new upper level flooring, some new windows, and a new water heater. Enjoy close proximity to Radford University and downtown Radford. The neighboring property is also for sale, offering an opportunity to consider purchasing both properties. Discover the potential of this conveniently located duplex!
Investor's dream! 6 Units directly across from the Radford University campus. These townhouse-style condos offer an unbeatable location and are perfect as an investment property. There are two 5 bd/2.5 bth units, one 4 bd/2.5 bth, two 3bd/1.5 bth and one 2 bd/1bth units. All but one fully leased, which has been left available for listing purposes. Many updates, some units include washer and dryer hookups. Low-maintenance HOA covers trash removal, parking permits, and an on-site laundry room—making this a completely hands-off asset for your portfolio. With a prime student-housing location and turnkey updates, opportunities like this do not come along often.
A Radford landmark, reborn. This beloved neighborhood corner store has been given a remarkable second life as a Class A mixed-use investment, restored from the studs with exceptional craftsmanship and no shortcuts. Across from Sunset Park, it offers two 2BR/1BA apartments, an efficiency and 1,260 SF of flexible commercial space. Original hardwoods were revived while structure, layouts, plumbing, wiring, HVAC, roof, windows, doors, siding, kitchens, baths, appliances and finishes were comprehensively renewed. R-15 wall/R-60 roof spray foam, enhanced fire/sound separation, four electric meters, 1-inch water service, 6-inch sewer and 6-inch gutters reveal the investment behind the beauty. Seller's pro forma projects an annual NOI of $46,500, making this a 7.44% Cap opportunity. Own an income-producing piece of Radford history built for durability and low-maintenance ownership. Buyer to verify all info deemed important. Call to schedule your private tour of this revived property today!
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.
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.
Exceptional opportunity to acquire a large investment property within walking distance to Radford University. Situated on a spacious 0.40-acre corner lot, the property currently features six rental units, offering strong income potential and room for future expansion or redevelopment. With its prime location and endless possibilities, this property is ideal for investors seeking both immediate returns and long-term upside. Private showings available with advance notice to tenants. Call today for more information!
5 Singlewide homes, each on it's on lot. Each home has 3 bedrooms 2 baths. Range, Refrigerator and dishwasher in each unit. 4 units are 1064 sq ft and 1 unit is 924 sq ft. Well maintained property. 6773 Lee Hwy is currently vacant. easy access to Radford or Pulaski
5 Single wide homes, each on it's on lot. Strong rental history. Each home has 3 bedrooms, 2 baths. Range, refrigerator and dishwasher in each unit. 4 units are 1064 sq ft and 1 unit is 924 sq ft. Well maintained property. 6773 Lee Hwy is currently vacant. Easy access to Radford or Pulaski
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Radford is located in Virginia. Radford, Virginia has a population of 16,205. Radford is less family-centric than the surrounding county with 30.07% of the households containing married families with children. The county average for households married with children is 30.07%.
The median household income in Radford, Virginia is $44,360. The median household income for the surrounding county is $44,360 compared to the national median of $69,021. The median age of people living in Radford is 23.6 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 21.3 degrees. The average rainfall is approximately 38.1 inches per year, with 20.5 inches of snow per year.
