Investment opportunity just 15 minutes from Virginia Tech! This offering includes two duplex buildings with a total of four units and nine bedrooms, all with no HOA. Two units are currently tenant occupied (month to month lease), while two have recently been vacated, giving the next owner flexibility to update, re-lease, or reposition the property. The unit mix includes three 2-bedroom units and one 3-bedroom unit. Enjoy a peaceful setting with covered porch space, convenient parking, and easy access to Blacksburg and the Virginia Tech campus. One lot backs up to a natural creek, adding to the property's appeal. A unique opportunity to own four rental units in one location with established tenancy and room for future income growth. A local rental management company indicated potential rental rates of approximately $650 per bedroom; buyer/agent to independently verify rental rates and projections.
For sale
$649,000
3520 Mount Zion Rd, Blacksburg, VA 24060
--beds
--baths
4,604sqft
Duplex
Built in ----
-- sqft lot
$612,200 Zestimate®
$141/sqft
$-- HOA
What's special
Nine bedroomsConvenient parkingCovered porch space
- 2 days
- 236
- 11
Zillow last checked:
Listing updated:
Listed by:
Rob Jones 540-320-6688,
Nest Realty SWVA 540-443-6100,
Bill Linkenhoker 540-320-4652,
Nest Realty SWVA
Source: New River Valley AOR,MLS#: 428684
Facts & features
Interior
Heating
- Heat Pump
Cooling
- Heat Pump, Air Conditioned
Appliances
- Included: Dishwasher, Range/Oven, Refrigerator, Electric Water Heater
- Laundry: Washer/Dryer Connect
Features
- Extra Storage Space
- Flooring: Carpet, Vinyl
- Basement: Crawl Space
Interior area
- Total structure area: 4,604
- Total interior livable area: 4,604 sqft
Property
Parking
- Parking features: Other - See Remarks
Features
- Levels: Two or More
- Stories: 2
Lot
- Size: 2.54 Acres
Details
- Parcel number: 033728
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Duplex
Materials
- Brick
- Roof: Metal,Shingle
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
Community & HOA
Community
- Features: Additional Storage
- Subdivision: None
HOA
- Has HOA: No
Location
- Region: Blacksburg
Financial & listing details
- Price per square foot: $141/sqft
- Tax assessed value: $204,900
- Annual tax amount: $1,842
- Date on market: 9/15/2026
Estimated market value
$612,200
$582,000 - $643,000
$2,599/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/15/2026 | Listed for sale | $649,000$141/sqft |
Source:  New River Valley AOR #428684 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,842 +6.6% | $204,900 -9.9% |
| 2025 | $1,728 +1.3% | $227,400 |
| 2024 | $1,706 +7.1% | $227,400 |
| 2023 | $1,592 +5.8% | $227,400 +34.5% |
| 2022 | $1,505 | $169,100 |
| 2021 | $1,505 | $169,100 |
| 2020 | $1,505 +9899.9% | $169,100 |
| 2019 | $15 -98.9% | $169,100 +5.4% |
| 2018 | $1,428 | $160,500 |
| 2017 | $1,428 | $160,500 |
| 2016 | $1,428 | $160,500 |
| 2015 | $1,428 -2.2% | $160,500 -2.2% |
| 2014 | $1,460 -99% | $164,100 |
| 2013 | $146,049 +10129.9% | $164,100 |
| 2012 | $1,428 +16% | $164,100 |
| 2011 | $1,231 +2.3% | $164,100 |
| 2010 | $1,203 +4.2% | -- |
| 2009 | $1,154 | -- |
| 2008 | $1,154 +12.7% | -- |
| 2007 | $1,024 +9.8% | -- |
| 2006 | $932 +10.4% | -- |
| 2005 | $844 | -- |
| 2004 | $844 +4.7% | -- |
| 2003 | $806 -24.6% | -- |
| 2002 | $1,069 +9.4% | -- |
| 2001 | $977 | -- |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 24060
Nearby schools
Schools provided by the listing agent
- Elementary: Prices Frk
- 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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