Sold for $750,000 on 03/10/25
$750,000
1849 Merrimac Rd APT 4, Blacksburg, VA 24060
--beds
--baths
3,168sqft
Apartment
Built in ----
-- sqft lot
$647,600 Zestimate®
$237/sqft
$1,684 Estimated rent
Home value
$647,600
$570,000 - $725,000
$1,684/mo
Zestimate® history
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Owner options
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What's special
Exceptional Investment Opportunity – 4-Unit Apartment + Single-Family Home! This rare duo of income-producing properties is the perfect addition to any investor’s portfolio! Featuring a well-maintained 4-unit apartment building and a charming single-family home. This package delivers **outstanding cash flow** and incredible value. Five total units with strong and steady rental income– all units are fully occupied, generating excellent returns. Both properties have been well cared for and are ready to go. The house has a new HVAC system, both up and downstairs. Tenant appeal-located in a desirable area offering a peaceful setting and convenience to downtown Blacksburg and VT. Future potential– opportunity for rental increases or further development. Whether you want to maximize your cash flow or expand your portfolio, this combination of properties checks all the boxes. Don’t miss this chance to own a stable, high-performing investment property! Annual gross rents -$73,980
Zillow last checked: 8 hours ago
Listing updated: March 11, 2025 at 03:22pm
Listed by:
Brian McHone 540-239-5901,
RE/MAX 8 - Blacksburg
Bought with:
Joe Racek, 0225214636
MR Real Estate
Source: New River Valley AOR,MLS#: 422939
Facts & features
Interior
Cooling
- Heat Pump
Appliances
- Included: Electric Water Heater
Features
- Basement: Concrete,Exterior Entry,Walk-Out Access
Interior area
- Total structure area: 4,368
- Total interior livable area: 3,168 sqft
Property
Parking
- Parking features: Off Street
Features
- Levels: Two or More
- Stories: 2
Lot
- Size: 1.19 Acres
Details
- Parcel number: 012019
- Zoning description: Agricultural
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Cape Cod
- Property subtype: Apartment
Materials
- Roof: Metal,Shingle
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
Community & neighborhood
Location
- Region: Blacksburg
- Subdivision: None
HOA & financial
HOA
- Has HOA: No
Price history
| Date | Event | Price |
|---|---|---|
| 3/10/2025 | Sold | $750,000-16.6%$237/sqft |
Source: | ||
| 2/5/2025 | Pending sale | $899,000$284/sqft |
Source: | ||
| 1/10/2025 | Listed for sale | $899,000+79.8%$284/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner | ||
| 8/1/2019 | Listing removed | $1,800$1/sqft |
Source: Owner | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,677 +1.3% | $352,300 |
| 2024 | $2,642 +7.1% | $352,300 |
| 2023 | $2,466 +12.8% | $352,300 +43.4% |
Find assessor info on the county website
Neighborhood: Hethwood
Nearby schools
GreatSchools rating
- 6/10Prices Fork Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 6/10Blacksburg Middle SchoolGrades: 6-8Distance: 0.9 mi
- 9/10Blacksburg High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Kipps
- Middle: Blacksburg
- High: Blacksburg
- District: Montgomery County
Source: New River Valley AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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Sell for more on Zillow
Get a free Zillow Showcase℠ listing and you could sell for .
$647,600
2% more+ $12,952
With Zillow Showcase(estimated)
$660,552

