$345,000
PENDING

Estimated payment $1,982/month

Total Views 738
4 Beds
2.5 Baths
1,480 Sq Ft
$233 Price per Sq Ft

About This Home

Spacious 4-bedroom, 2.5-bath unit offering a prime investment opportunity. This property currently has three tenants leased through July 2026, one thru December, providing reliable rental income from day one of $525 per tenant. The main level features an open-concept layout, with the wall between the living and dining rooms removed to create a bright and inviting space. Recent updates, including hot water heater, some windows, washer & dryer, enhance both comfort and value. Conveniently located near the BT stop, this property combines accessibility with strong investment potential.

Listing Agent

Susan Erickson

Long & Foster - Blacksburg License #225077236 Listed on: 10/01/2025

Long & Foster - Blacksburg

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,954

Year Built

  • Built in 1990

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Vinyl Trim

Interior Spaces

  • 1,480 Sq Ft Home
  • Attic Access Panel

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2.5 Bathrooms

Laundry

  • Laundry on main level
  • Electric Dryer
  • Washer

Schools

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

Utilities

  • Heat Pump System
  • Electric Water Heater

Additional Features

  • Exterior Lighting
  • Property is in good condition

Community Details

  • Property has a Home Owners Association
  • Association fees include all yard maintenance, common area maintenance, exterior bldg maint, garbage removal mgmt, snow removal
  • Property managed by NRV Property Mgmt.

Listing and Financial Details

  • Assessor Parcel Number 029186

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,954

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Appearance: Good
  • Estimated Total Finished Sq Ft: 1480
  • Class: Residential
  • County Or City: Montgomery
  • HOA Management Company: NRV Property Mgmt.
  • Is The Power On: Yes
  • Is The Water On: Yes
  • Legal Description: PHEASANT RUN TNHS LOT 80 PH II
  • Lvt Date: 10/01/2025
  • Miscellaneous: Breakers
  • Parcel Nbr: 029186
  • Property Sub Type: Townhouse
  • Rent Per Month: 2100
  • Report Header1: 313 PHEASANT RUN, Blacksburg, VA 24060
  • Number of Upper Level Bathrooms: 2
  • Room Level Bedrooms Uppe: 4
  • Main Level Half Bathrooms: 1
  • Style Structure Home: Townhouse
  • Total Gross Building Area: 1480
  • Year Built: 1990
  • Directions: N. Main To L On Patrick Henry To R On Seneca To L On Pheasant Run Dr.
  • S O1 Office State: No
  • Special Features: None

Interior Features

  • Water Heater: Electric
  • Flooring: Carpet, Vinyl
  • Appliances: Dishwasher, Dryer/Electric, Microwave, Range/Electric, Refrigerator, Washer
  • Attic: Access Only
  • Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Laundry On Main

Exterior Features

  • Exterior Features: Insulated Glass, Sidewalks, Street Lights
  • Exterior Finish: Brick, Vinyl
  • Roofing: Shingle

Utilities

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

Condo/Co-op/Association

  • HOA: Home Owners Assoc
  • HOA Fee Includes: All Yard Maintenance, Common Area Maint, Exterior Bldg Maint, Garbage Removal Mgmt, Snow Removal

Schools

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

Lot Info

  • Land Description: Subdivision
  • Geo Subdivision: VA

MLS Schools

  • Middle School: Blacksburg

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,954 $257,100 $40,000 $217,100
2024 $1,928 $257,100 $40,000 $217,100
2023 $1,800 $257,100 $40,000 $217,100
2022 $1,371 $154,000 $30,000 $124,000
2021 $1,371 $154,000 $30,000 $124,000
2020 $1,371 $154,000 $30,000 $124,000
2019 $1,371 $154,000 $30,000 $124,000
2018 $1,293 $145,300 $30,000 $115,300
2017 $1,293 $145,300 $30,000 $115,300
2016 $1,293 $145,300 $30,000 $115,300
2015 $1,293 $145,300 $30,000 $115,300
2014 $1,430 $160,700 $30,000 $130,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2025 10/07/25 Pending -- -- --
10/01/2025 10/01/25 For Sale $345,000 -- $233 / Sq Ft
Source: New River Valley Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Deed $180,000 --
Source: Public Records

Source: New River Valley Association of REALTORS®

MLS Number: 425459

New River Valley Association of REALTORS®

APN: 029186