Turnkey Investment Opportunity in Prime Blacksburg Location Just minutes from Virginia Tech, downtown, and the BT bus stop, this well-maintained 4-bedroom, 2-bath home is ideally positioned for consistent rental income and long-term appreciation. Freshly cleaned and ready to go, the property is currently leased at $2,000/month through the upcoming year, providing investors with reliable cash flow from day one. Whether you’re expanding your portfolio or securing a school-year home for your student, this opportunity checks all the boxes: location, income, and move-in-ready condition. Schedule your private showing today—properties like this in Blacksburg don’t stay available for long!
Sold for $285,000
$285,000
1206 University Ter APT H, Blacksburg, VA 24060
4beds
935sqft
Condominium
Built in 1987
-- sqft lot
$253,900 Zestimate®
$305/sqft
$2,087 Estimated rent
Home value
$253,900
$231,000 - $279,000
$2,087/mo
Zestimate® history
Owner options
List your home for rent
$2,087/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,087/mo
Rent Zestimate®
Refinance and save
$3,925/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$3,925/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Austin DeVincent,
Nest Realty SWVA
Bought with:
Michael Tagg
MR Real Estate
Jay Mandell, 225067751
MR Real Estate
Source: New River Valley AOR,MLS#: 425041
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 4
Basement
- Area: 0
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Dishwasher, Dryer/Electric, Electric Range, Refrigerator, Washer, Electric Water Heater
Features
- Master Downstairs
- Windows: Insulated Windows
- Basement: None
- Attic: None
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 935
- Total interior livable area: 935 sqft
- Finished area above ground: 935
- Finished area below ground: 0
Property
Parking
- Parking features: None, Blacktop Driveway
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Exterior features: Balcony
Details
- Parcel number: 027927
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Vinyl Siding
- Roof: Shingle
Condition
- Upgrades,Very Good
- Year built: 1987
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: University Terrace
HOA
- Services included: Maintenance Grounds, Maintenance Structure, Trash, Snow Removal
- HOA fee: $2,220 annually
Location
- Region: Blacksburg
Financial & listing details
- Price per square foot: $305/sqft
- Annual tax amount: $1,590
- Date on market: 8/19/2025
- Cumulative days on market: 35 days
Price history
| Date | Event | Price |
|---|---|---|
| 11/14/2025 | Sold | $285,000$305/sqft |
Source:  New River Valley AOR #425041 Report a problem | ||
| 9/23/2025 | Pending sale | $285,000$305/sqft |
Source: New River Valley AOR #425041 Report a problem | ||
| 8/19/2025 | Listed for sale | $285,000+17.8%$305/sqft |
Source: New River Valley AOR #425041 Report a problem | ||
| 9/27/2023 | Sold | $242,000$259/sqft |
Source: New River Valley AOR #419019 Report a problem | ||
| 9/3/2023 | Pending sale | $242,000$259/sqft |
Source: New River Valley AOR #419019 Report a problem | ||
| 8/29/2023 | Listed for sale | $242,000$259/sqft |
Source: New River Valley AOR #419019 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Kabrich Crescent
Nearby homes
- $279,9004 bd2 ba935 sqft1206 University Ter APT J, Blacksburg, VA 24060Sold
- $279,0004 bd2 ba935 sqft1206 University Ter APT C, Blacksburg, VA 24060Sold
- $285,0004 bd2 ba935 sqft1206 University Ter APT D, Blacksburg, VA 24060Sold
- $359,2004 bd2 ba-- sqft1206F University Ter, Blacksburg, VA 24060Off Market
- $--4 bd2 ba935 sqft1206I University Ter, Blacksburg, VA 24060Off Market
- $279,1004 bd2 ba935 sqft1206 University Ter APT K, Blacksburg, VA 24060Off Market
- $279,1004 bd2 ba935 sqft1206 University Ter APT L, Blacksburg, VA 24060Off Market
- $273,9004 bd2 ba935 sqft1206 University Ter APT B, Blacksburg, VA 24060Off Market
Nearby schools
GreatSchools rating
- 9/10Gilbert Linkous Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 8/10Blacksburg Middle SchoolGrades: 6-8Distance: 3 mi
- 8/10Blacksburg High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Gilbert Linkous
- 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$253,900
2% more
+$5,078
With Zillow Showcase(estimated)
$258,978
- Virginia
- Montgomery County
- Blacksburg
- 24060
- Kabrich Crescent
- 1206 University Ter Apartment H
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Blacksburg Topics
