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

The listing

Source
New River Valley Association of REALTORS® MLS #428793

Price and status history.

48

days on market

DateEventPrice
Sep 26, 2026Listed for sale$1,695,000

Price per square foot

This home$280
Regional multi-family median$126

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.

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.

$9,815/mo

Principal and interest
$8,571
Property tax
$1,144
Home insurance
$100
HOA dues
None listed

Loan amount $1,356,000

Example rate only. Change it to the rate a lender offers you.

The listing shows $3,477 for 2026, low for this price (perhaps the land only, part of a year, or an owner's tax break). Estimated at the 2026 Montgomery County rate: $0.81 per $100 of the price. Inside Blacksburg's town limits the Town adds $0.26.

Example. Use your 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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