501, 508 Piedmont St Blacksburg, VA ^$ 1,299,000

501, 508 Piedmont St

^$ 1,299,000

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Recently Listed

501, 508 Piedmont St

Blacksburg, VA, 24060

^$ 1,299,000

Studio Baths0.0 Sq 3,500

Monthly Estimate*

^$ 7,998

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Studio

Multi-Family Home for sale in Blacksburg, VA

for $1,299,000. This 3,500 square foot home was built in 1946 on a lot size of 2.7.

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.

Multi-Family Active

Price

^$ 1,299,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,164

Style

Multiple Buildings

Lot Size

2.7

Year Built

1946

Town/City

Blacksburg

County/Region

Montgomery

MLS | Web ID

110246

Features

Interior

Interior Amenities See Remarks

Basement Basement/Foundation Other/See Remarks

Flooring Wood

Total Fireplaces 0

Fireplace Features None

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Window Features Other-See Remarks

Fireplace Y/N N

Above Grade Finished Area 0

Laundry Features Main Level

Below Grade Finished Area 0

Below Grade Finished Area Unit Type Square Feet

Below Grade Finished Area Source Public Records

Above Grade Finished Area Source Public Records

Above Grade Finished Area Unit Type Square Feet

General

Sewer Public Sewer

Heating Heat Pump

Cooling Other

Roof Shingle

Appliances Range Dishwasher Refrigerator Dryer

Zoning R-4

Gas Y/N Other-See Remarks

Construction Materials Vinyl Siding

Year Built 1946

Electric Other-See Remarks

Property Subtype Multi Family

Tax Year 2025

Gross Income 48000

Waterfront Features None

County Montgomery

Net Operating Income 48000

New Construction N

Property Type Residential Income

HOA N

Attached Garage N

Garage Y/N N

Status Active

Directions Clay to left on Piedmont at the end of street

High School Blacksburg

City Blacksburg

Number Of Units Total 3

MLS Area Montgomery County

Lot Size Units Acres

Lot Size Square Feet 117612

Carport Y/N N

Elementary School Other

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 1164.84

Home Warranty Y/N N

Middle/Junior High School Blacksburg

Additional Parcels Y/N N

Virtual Tour tour.usamls.net/495-500-Piedmont-St-Blacksburg-VA-24060/unbranded

Structure Type Multiple Buildings

Building Area Units Square Feet

Living Area Units Square Feet

Standard Status Active

Tax Lot 0

Freehold IDX BBO

Exterior

Exterior Amenities Other

Parking Features Other

Water Source Public

Lot Size Area 2.7

Foundation Details Basement/Foundation Other/See Remarks

Spa N

Building Area Total 3500

Lot Size Acres 2.7

Waterfront Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

* Excluded Features

List By

United Country Blue Ridge- Christiansburg

Broker

edgallimore.re@gmail.com

Affordability Calculator

$8,095

Per Month

Monthly Principal & Interest: $7,998
Monthly Property Taxes: $97
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Blacksburg, VA

Average List Price ^$0

Percent of Sale Price 100%

About Blacksburg, VA

45,260 Population

14% Since 2002

^$44,907 Median Income

21.36 Median Age

14% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

5362214 Elementary School

5362212 Middle School

Blacksburg High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/22/2026	$1,299,000		Listed Price

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501, 508 Piedmont St, Blacksburg, VA, 24060 is a Multi-Family Home for sale at $1,299,000 with 3,500 sqft and a lot size of 2.7. 501, 508 Piedmont St is a studio with 0.0 baths and was built in 1946. The property's zip code is 24060 which is in Blacksburg, VA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Southwest Virginia Association of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Southwest Virginia Association of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is 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.

Data is updated as of 5/23/2026.

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501, 508 Piedmont St

Multi-Family Home for sale in Blacksburg, VA

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