For sale
105 Tee Street
Blacksburg, VA 24060
$1,695,000
- 6,048sq ft
- 0.36acres
Listed by Brian McHone, RE/MAX 8 - Blacksburg
About this home.
Turnkey six-unit multifamily investment in Blacksburg generating $113,340 in current gross annual rent. The property features five spacious 3-bedroom townhome-style units and one 1-bedroom apartment, offering an attractive mix for the Blacksburg rental market. A comprehensive 2025 renovation included new kitchen cabinetry, granite countertops, stainless steel appliances, updated showers and vanities, oversized bathroom mirrors, LED lighting, laminate flooring, five-panel interior doors, updated hardware and fixtures, fresh paint, and more. Unit F was completely renovated in 2022. With established rental income, updated interiors, and additional upside as rents move toward current market levels, this is a rare opportunity to acquire a stabilized, income-producing asset with strong fundamentals and no near-term capital needs. Great location for VT students and close to the BT bus line. These opportunities normally trade off-market, so these are scarce.
Facts and features.
The home
- Type
- Multi-family (Apartment Building)
- Levels
- Two or more
Inside
- Basement
- None
Outside and lot
- Zoning
- Residential 5
Community
- County
- Montgomery County
- Schools
- See the assigned schools
The listing
- Source
- New River Valley Association of REALTORS® MLS #428793
Price and status history.
48
days on market
| Date | Event | Price |
|---|---|---|
| Sep 26, 2026 | Listed for sale | $1,695,000 |
Price per square foot
Asking price per finished square foot, compared with the median of 14 multi-familys sold in the region in the last 12 months. 122% above the median.
Location.
105 Tee Street, Blacksburg, VA 24060
Schools.
-
Elementary
429 Harding Avenue, Blacksburg540-951-5732School website
-
Middle
3109 Price's Fork Road, Blacksburg540-951-5800School website
-
High
3401 Bruin Lane, Blacksburg540-951-5706School website
Assigned by attendance zone. Boundaries can change; confirm with Montgomery County Public Schools. Distances are straight-line.
Estimate a monthly payment.
Every number below is yours to change. The interest rate is an example, not a quote.
An estimate for planning only. It is not a loan offer or a rate quote, and it leaves out mortgage insurance and closing costs. A lender can give you exact numbers.
Listing information
Listing courtesy of Brian McHone, RE/MAX 8 - Blacksburg.
Displayed by GRAVITY Real Estate Group.
Information last updated .
Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed and should be independently verified. Listings are courtesy of the listing brokerage shown with each property.
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