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501, 508 Piedmont St, Blacksburg, VA 24060

$1,299,000
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  • 501, 508 Piedmont St, Blacksburg, VA 24060 Main Photo

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Active
BEDS0 BATHS SQUARE FEET3,500 MLS#927806
STATUSActive PROPERTY TYPEMulti Unit - Multiple
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Property Description

Unique Investment opportunity Downtown Blacksburg! Walking distance to VT and historic downtown Blacksburg, included 3 cottage homes, very good condition offering generous income at $48000 yearly, 2 building lots for future development of more rental properties, large .907 lot very private lot for building your home in town. Both lots would be great for building spec houses. The total contiguous acreages of 2.7 acres which exceeds the minimum 2 acres required for the NEW ORDINANCE 2053 SMALL LOT SUBDIVISION. Zoning sec 3043.

501, 508 Piedmont St | MLS# 927806

This multi-family property located at 501, 508 Piedmont St, Blacksburg, VA 24060 is currently listed for sale with an asking price of $1,299,000. Search Blacksburg real estate on slawrence.mkbrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Heat Pump Electric
Heating: Heat Pump Electric
Lot Size: 2.70 Acres
Taxes: $1,164
Year Built: 1946

Feature Descriptions

Exterior: Vinyl
Lot Dimensions: 2.70 acre(s)
Parking Notes: Other - See Remarks
Sewer: Public Sewer
Units: 3
Water: Public

Listed By / Shown By

Listed By

Agency Name: U/C BLUE RIDGE LAND & AUCTION CO INC- C'BURG
Agency Phone: (540) 382-0271

Shown By

Agent Name: Stephanie Lawrence
Agent Phone: (540) 400-9350
Agency Title: MKB, REALTORS

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Estimated Payment

$ 3,366.89 per month $2,891.01 Principal & Interest $97.00 Property Tax $378.88 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) 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 on this site was last updated 06/02/2026. The listing information on this page last changed on 06/02/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/02/2026 1:34:06 PM EST) or Roanoke Valley MLs (last updated Tue 06/02/2026 1:32:47 PM EST). Real estate listings held by brokerage firms other than MKB, REALTORS may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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