For sale

1120 Downey Street

Radford, VA 24141

$449,900, Reduced $40,000

  • 5,068sq ft
  • 0.4acres

Listed by Darin Greear, Long & Foster - Blacksburg

About this home.

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!

Facts and features.

The home

Type
Multi-family (Other)
Levels
Two or more

Inside

Basement
Crawl Space, Other - See Remarks, Outside Access, Partially Finished, Partitioned, Shower Facilities

Outside and lot

Zoning
Residential 4

Community

County
Radford (city) County

The listing

Source
New River Valley Association of REALTORS® MLS #426100

Price and status history.

313

days on market

DateEventPrice
Jan 4, 2026Listed for sale$489,900

Price per square foot

This home$89
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. 30% below the median.

Location.

1120 Downey Street, Radford, VA 24141

Estimate a monthly payment.

Every number below is yours to change. The interest rate is an example, not a quote.

$2,649/mo

Principal and interest
$2,275
Property tax
$274
Home insurance
$100
HOA dues
None listed

Loan amount $359,920

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

From the listing, 2026 taxes. Taxes can change after a sale.

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 Darin Greear, Long & Foster - 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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