1120 Downey St, Radford, VA, 24141
About This Home
Exceptional opportunity to acquire a large investment property within walking distance to Radford University. Situated on a spacious 0.40-acre corner lot, the property currently features six rental units, offering strong income potential and room for future expansion or redevelopment. With its prime location and endless possibilities, this property is ideal for investors seeking both immediate returns and long-term upside. Private showings available with advance notice to tenants. Call today for more information!
Getting Around
Somewhat Walkable
Very Limited Transit
BikeableSchools
Construction
Materials
- Roof: Shingle
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subType: Other
Interior
Appliances
- Appliances included: Range/Oven,Refrigerator,Gas Water Heater,Appliances Included
- Laundry features: Ldry Facility Avail,Common Area
Basement
- Has basement: Yes
- Basement: Crawl Space,Other - See Remarks,Exterior Entry,Partially Finished,Partitioned,Shower Facilities
Features
- Bath
- Flooring: Ceramic Tile,Hardwood,Parquet,Vinyl
Heating & Cooling
- Heating features: Natural Gas,Hot Water
- Cooling features: None
Interior Area
- Total structure area: 5,068
- Total interior livable area: 5,068 sqft
Property
Details
- Parcel number: 010000972
- Zoning description: Residential 4
Features
- Levels: Two or More
- Stories: 2
Lot
- Lot size: 0.40 Acres
Parking
- Parking features: Off Street,On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Cold Wave
- Lightning
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Virginia Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,274 | $27,288 |
| Home Insurance * | $180 | $2,160 |
| Property Taxes | $310 | $3,720 |
| Electricity | $488 | $5,857 |
| Total | $3,252 | $39,024 |
Income You'd Need if You Spent...
Virginia FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-01 | Price change | $449,900 |
| 2026-01-05 | Listed for sale | $489,900 |
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