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1201-1217 Fairfax St, Radford, VA 24141 1 Specialty Properties Offered at $1,999,999 in Radford, VA
Investment Highlights
- Strong rental history
- Walking distance to Radford University
- 5 detached homes sold as a package
- Potential to make up to $14.1K/month
Executive Summary
Rare R-4 zoned Radford portfolio: five homes side-by-side on Fairfax St producing about $12K/month. Strong rental history, walkable to Radford University, with Quick Way directly across the street. Includes 1201 (5/2, 1,834 sf, $2,250), 1205 (3/1, 1,129 sf, $1,350), 1207 (7/2, 2,064 sf, $3,500), 1211 (6/2, 1,862 sf, $3,000), 1217 (4/2, 1,374 sf, $1,800). Approx. 0.75 acres. Package sale only.
Taxes & Operating Expenses (Actual - 2025) |
Annual |
|---|---|
| Gross Rental Income |
$142,800
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$142,800
|
| Taxes |
$7,154
|
| Operating Expenses |
$27,195
|
| Total Expenses |
$34,349
|
| Net Operating Income |
$108,451
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $142,800 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $142,800 |
| Taxes | |
|---|---|
| Annual | $7,154 |
| Operating Expenses | |
|---|---|
| Annual | $27,195 |
| Total Expenses | |
|---|---|
| Annual | $34,349 |
| Net Operating Income | |
|---|---|
| Annual | $108,451 |
Property Facts
| Price | $1,999,999 | Number of Properties | 5 |
| Price / SF | $1,091 / SF | Individually For Sale | 0 |
| Sale Condition | Bulk/Portfolio Sale | Total Building Size | 1,834 SF |
| Sale Type | Investment | Total Land Area | 0.76 AC |
| Status | Active |
| Price | $1,999,999 |
| Price / SF | $1,091 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 1,834 SF |
| Total Land Area | 0.76 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 1201 Fairfax St, Radford, VA 24141 | Specialty | 1,834 SF | 1940 | - |
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1201-1217 Fairfax St, Radford, VA 24141
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