$285,000
SOLD NOV 14, 2025

1206 University Terrace Blacksburg, VA 24060

Kabrich Crescent Neighborhood
4 Beds
2 Baths
935 Sq Ft
1987 Built

Recently Sold

$305 Per Sq Ft

35 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Balcony
  • Property is in very good condition
  • Gilbert Linkous Elementary School Rated A

About This Home

As of November 2025

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!

Last Agent to Sell the Property

Austin DeVincent

Nest Realty SWVA License #0225253051 Listed on: 08/19/2025

Nest Realty SWVA

Last Buyer's Agent

Michael Tagg

MR Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1987 | Remodeled

Parking

  • Driveway

Home Design

  • 935 Sq Ft Home
  • Entry on the 2nd floor
  • Shingle Roof
  • Vinyl Trim

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Electric Dryer
  • Washer

Schools

  • Gilbert Linkous Elementary School
  • Blacksburg Middle School
  • Blacksburg High School

Utilities

  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Balcony
  • Property is in very good condition

Community Details

  • Association fees include all yard maintenance, exterior bldg maint, garbage removal mgmt, snow removal
  • Property managed by Townside Property Ma
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Assessor Parcel Number 027927

Property Details

Home Type

Condominium

Year Built

Built in 1987 | Remodeled

Lot Details

0

Listing Details

  • Appearance: Upgrades, Very Good
  • Estimated Total Finished Sq Ft: 935
  • Class: Residential
  • Condo Level: 2
  • County Or City: Montgomery
  • HOA Management Company: Townside Property Ma
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: University Terr Bldg 2 Ph II Unit 1206H
  • Lvt Date: 08/19/2025
  • Master On Main: Yes
  • Miscellaneous: Breakers
  • Parcel Nbr: 027927
  • Property Sub Type: Condominium
  • Rent Per Month: 2024.99
  • Report Header1: 1206 University, Blacksburg, VA 24060
  • Main Level Bathrooms: 2
  • Room Level Bedrooms Main: 4
  • Style Structure Home: Condo
  • Year Built: 1987
  • Directions: Take South Main to left on Progress Street. Turn right into University Terrace
  • S O1 Office State: No
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Appliances: Dishwasher, Dryer/Electric, Range/Electric, Refrigerator, Washer
  • Bedrooms: 4
  • Full Bathrooms: 2

Exterior Features

  • Exterior Features: Balcony, Blacktop Driveway, Cable Available, Insulated Glass
  • Exterior Finish: Vinyl
  • Roofing: Shingle

Utilities

  • Air Conditioner: Heat Pump
  • Heating: Heat Pump
  • Sewer: Public System
  • Water: Public Water

Condo/Co-op/Association

  • HOA: Covenants & Restrctn
  • HOA Fee Includes: All Yard Maintenance, Exterior Bldg Maint, Garbage Removal Mgmt, Snow Removal

Schools

  • Elementary School: Gilbert Linkous
  • High School: Blacksburg
  • Junior High Dist: Montgomery County

Lot Info

  • Geo Subdivision: VA

MLS Schools

  • Middle School: Blacksburg

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2025 11/14/25 Sold $285,000 +2.2% $305 / Sq Ft
09/24/2025 09/24/25 Sold $279,000 -0.3% $298 / Sq Ft View Prior Sale
09/23/2025 09/23/25 Pending -- -- --
09/05/2025 09/05/25 Pending -- -- --
08/28/2025 08/28/25 Price Changed $279,900 -1.8% $299 / Sq Ft
08/19/2025 08/19/25 For Sale $285,000 +0.7% $305 / Sq Ft
08/06/2025 08/06/25 For Sale $283,000 +38.0% $303 / Sq Ft
08/05/2025 08/05/25 For Sale $205,000 0.0% $219 / Sq Ft
06/15/2025 06/15/25 Sold $205,000 -- $219 / Sq Ft View Prior Sale
05/16/2025 05/16/25 Pending -- -- --
Source: New River Valley Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Austin DeVincent

    Seller's Agent in 2025

    Austin DeVincent

    Nest Realty SWVA

    (765) 490-0905

    2 in this area

    100 Total Sales

    Austin DeVincent
    Section Image
  • Amy Hudson

    Seller's Agent in 2025

    Amy Hudson

    RE/MAX

    (540) 320-5498

    2 in this area

    459 Total Sales

    Amy Hudson
    Section Image
  • Charles Burnette

    Seller's Agent in 2025

    Charles Burnette

    Burnette Real Estate Sales & Management Inc.

    (540) 357-2778

    6 in this area

    61 Total Sales

    Charles Burnette
    Section Image

  • M

    Buyer's Agent in 2025

    Michael Tagg

    MR Real Estate

    (540) 750-1277

    4 in this area

    20 Total Sales

    Michael Tagg
    Section Image

  • N

    Buyer's Agent in 2025

    Non-MLS Non-MLS

    Non-MLS Office

  • Jay Mandell

    Buyer Co-Listing Agent in 2025

    Jay Mandell

    MR Real Estate

    (540) 315-3988

    12 in this area

    260 Total Sales

    Jay Mandell
    Section Image
See All Agents

Map

Source: New River Valley Association of REALTORS®

MLS Number: 425041

New River Valley Association of REALTORS®
Virginia Montgomery County Blacksburg 24060 Kabrich Crescent

1206 University Terrace, Blacksburg, VA

Sold

Condos

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