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For sale

105 Tee Street

Blacksburg, VA 24060

$1,695,000

Listed by Brian McHone, RE/MAX 8 - Blacksburg

About this home.

Turnkey six-unit multifamily investment in Blacksburg generating $113,340 in current gross annual rent. The property features five spacious 3-bedroom townhome-style units and one 1-bedroom apartment, offering an attractive mix for the Blacksburg rental market. A comprehensive 2025 renovation included new kitchen cabinetry, granite countertops, stainless steel appliances, updated showers and vanities, oversized bathroom mirrors, LED lighting, laminate flooring, five-panel interior doors, updated hardware and fixtures, fresh paint, and more. Unit F was completely renovated in 2022. With established rental income, updated interiors, and additional upside as rents move toward current market levels, this is a rare opportunity to acquire a stabilized, income-producing asset with strong fundamentals and no near-term capital needs. Great location for VT students and close to the BT bus line. These opportunities normally trade off-market, so these are scarce.

Facts and features.

The home

Type
Multi-family (Apartment Building)
Finished area
6,048 sq ft
Levels
Two or more

Inside

Basement
None

Outside and lot

Lot
0.4 acres
Zoning
Residential 5

Community

Virginia Tech
1.5 miles to the Drillfield (straight line)
County
Montgomery County
Schools
Harding Avenue Elementary School
Blacksburg Middle School
Blacksburg High SchoolAs listed for this home. Confirm school assignments with Montgomery County Public Schools.

The listing

Price per sq ft
$280
Days on market
1
Listed
Sep 26, 2026
Source
New River Valley Association of REALTORS® MLS #428793

Price and status history.

1

day on market

DateEventPrice
Sep 26, 2026Listed for sale$1,695,000

Location.

105 Tee Street, Blacksburg, VA 24060

105 Tee Street, Blacksburg, VA 24060.

1.5 miles to the Virginia Tech Drillfield (straight line). Walking and driving distances are longer.

Estimate a monthly payment.

Every number below is yours to change. The interest rate is an example, not a quote.

$10,083/mo

Principal and interest
$8,571
Property tax
$1,413
Home insurance
$100
HOA dues
$0

Loan amount $1,356,000

Example rate only. Change it to the rate a lender offers you.

Example: 1% of the price. Use the actual tax bill.

Example. Use your quote.

An estimate for planning only. It is not a loan offer or a rate quote, and it leaves out mortgage insurance and closing costs. A lender can give you exact numbers.

Listing information

Listing courtesy of RE/MAX 8 - Blacksburg.

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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All 13 photos.

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