$492,635 New Construction
- 2 Beds
- 2.5 Baths
- 1,459 Sq Ft
1955 Kyles Way, Blacksburg, VA 24060

Eagle Construction of VA
Builder
$492,635 New Construction
1955 Kyles Way, Blacksburg, VA 24060
Eagle Construction of VA
Builder
$492,635 New Construction
Pearl Ranch Plan at The Preserve - The Preserve Townhomes and Duplexes, Blacksburg, VA 24060
Eagle Construction of VA
Builder
Blacksburg combines small-town living with the energy of Virginia Tech's campus life. The Huckleberry Trail provides scenic paths for biking and walking between Blacksburg and Christiansburg, while the Jefferson National Forest beckons with hiking trails and the 66-foot Cascades waterfall. Virginia Tech's Lane Stadium fills with passionate fans during football season, and the historic Lyric Theatre showcases independent films and live performances. Local dining ranges from farm-to-table cuisine at 622 North to vegetarian fare at Gillie's.
The real estate landscape in Blacksburg presents diverse options across distinct neighborhoods. The median sale price in Blacksburg is $445,000. Tom's Creek features single family homes with a median price of $599,900, while Hethwood-Prices Fork provides more affordable options with a median price of $389,000. Downtown Blacksburg single family homes have a median price of $400,000. Condominiums present lower-cost alternatives, with median prices of $210,000 for one-bedroom units and $248,800 for two-bedroom units.
Blacksburg's cost of living sits 5.9% below the national average. A family with school-age children needs approximately $99,000 annually to live comfortably, while renters require about $49,000. The Montgomery County property tax rate is 0.77%, lower than nearby Roanoke at 1.01%. Public education excels with Gilbert Linkous Elementary and Blacksburg High School both earning A ratings. Virginia Tech's presence creates a tech-friendly environment with reliable digital infrastructure. Blacksburg Transit provides extensive bus service throughout town, and major cities like Roanoke lie within 45 minutes' drive.
On average, homes in Blacksburg, VA sell after 98 days on the market compared to the national average of 70 days. The median sale price for homes in Blacksburg, VA over the last 12 months is $627,529, down 1% from the median home sale price over the previous 12 months.
In Blacksburg, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $492,635 to $492,635, there's a range to accomodate every budget. As of August, 2025 the median home price in Blacksburg is $579,615, while the average sale price is $575,650, offering insights into the local housing market. On average, multi-family homes spend 98 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Blacksburg, VA.