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Radford, VA Multifamily Home for Sale

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    $325,000

    • 2,361 Sq Ft

    1017 Tyler Ave, Radford, VA 24141

    Prime Investment Opportunity – Two Homes, Three Units, One Incredible Deal in Radford! Unlock the potential of this exceptional income-producing property, featuring two houses with three rental units all on the same lot—just a quarter mile from Radford University! Perfectly positioned in a highly sought-after location, this property offers unmatched convenience with easy walking access to campus,

    Brad Taylor RE/MAX 8 - Blacksburg

    1017 Tyler Ave, Radford, VA 24141

Why Live in Radford

Radford, Virginia, is a historic college town situated along the New River. Known for its educational opportunities, Radford University plays a significant role in the community, offering programs like the Tartan Transfer to facilitate student transitions. Radford City Schools are highly rated, contributing to the town's educational focus. Housing options include ranch-style and split-level homes from the 1960s and 1970s, renovated Victorian homes, and newer townhouses near the university. The town's attractions include the Riverway Trail, Bisset Park, Wildwood Park, and the Glencoe Museum, which hosts the Radford Farmers Market. The New River provides recreational activities such as tubing and boating, although occasional flooding affects nearby parks. Radford's location offers convenient access to Christiansburg and Blacksburg, with Tyler Road connecting to Interstate 81. Radford Transit buses and bike-friendly streets facilitate local travel. The town features a mix of floral shops, boutiques, cafes, bars, and chain restaurants, primarily along Main Street and Tyler Avenue. Safety is a notable aspect, with a reported decrease in both violent and nonviolent crimes from 2021 to 2022. Radford's community spirit shines during events like the Fourth of July celebration at Bisset Park, featuring car shows, bouncy houses, and fireworks.

Home Trends in Radford, VA

Housing Trends

Median Sale Price
$277,000
Median Single Family Sale Price
$295,000
Median Townhouse Sale Price
$290,000
Median 1 Bedroom Sale Price
$118,750
Average Price Per Sq Ft
$171
Number of Homes for Sale
38
Last 12 months Home Sales
215
Months of Supply
2.10
Median List Price
$294,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-3%
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