Sold
1206 University Terrace Unit H
Blacksburg, VA 24060 · University Terrace
Sold for $285,000
on Nov 14, 2025
- 4beds
- 2baths
- 935sq ft
- 1987built
Listed by Nest Realty SWVA
About this home.
Turnkey Investment Opportunity in Prime Blacksburg Location Just minutes from Virginia Tech, downtown, and the BT bus stop, this well-maintained 4-bedroom, 2-bath home is ideally positioned for consistent rental income and long-term appreciation. Freshly cleaned and ready to go, the property is currently leased at $2,000/month through the upcoming year, providing investors with reliable cash flow from day one. Whether you’re expanding your portfolio or securing a school-year home for your student, this opportunity checks all the boxes: location, income, and move-in-ready condition. Schedule your private showing today—properties like this in Blacksburg don’t stay available for long!
Facts and features.
The home
- Type
- Condo
- Style
- Condo
- Levels
- One
Inside
- Basement
- None
- Fireplaces
- None
- Appliances
- Dishwasher, Dryer/Electric, Range/Electric, Refrigerator, Washer
Outside and lot
- Garage
- None
- Exterior
- Vinyl
- Roof
- Shingle
- Outdoor features
- Balcony, Blacktop Driveway, Cable Available, Insulated Glass
Utilities
- Heating
- Heat Pump
- Cooling
- Heat Pump
- Water source
- Public Water
- Sewer
- Public System
Community
- Neighborhood
- University Terrace
- HOA dues
- $2,220 annually (includes all yard maintenance, exterior bldg maint, garbage removal mgmt, snow removal)
- County
- Montgomery County
- Schools
- See the assigned schools
The listing
- Annual tax
- $1,590 (2024, from the listing)
- Source
- New River Valley Association of REALTORS® MLS #425041
Price and status history.
35
days on market
100%
of the original asking price
| Date | Event | Price |
|---|---|---|
| Nov 14, 2025 | Sold | $285,000 |
| Aug 19, 2025 | Listed for sale | $285,000 |
Price per square foot
Sale price per finished square foot, compared with the median of 12 condos sold in Blacksburg in 2025. 1% above the median.
Location.
1206 University Terrace Unit H, Blacksburg, VA 24060
Schools.
-
Elementary
813 Tom's Creek Road, Blacksburg540-951-5726School 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.
The neighborhood
University Terrace.
2
for sale now
$279K
median sale, last 12 months
5
homes sold, last 12 months
42
median days on market
Listing information
Listing courtesy of Nest Realty SWVA.
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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