This 2-bedroom, 1-bath ground-level condo offers unbeatable convenience in one of Blacksburg’s most desirable locations. Just minutes from Virginia Tech, you’ll enjoy easy access to campus, shopping, dining, and entertainment at First & Main, as well as all that Downtown Blacksburg has to offer. Situated on the bus line, this home makes getting around town effortless. Inside, the unit features a functional layout with a stacked washer and dryer for added convenience. Sliding glass doors open to a concrete pad patio where you can enjoy relaxing outside. Whether you’re looking for a comfortable place to call home or a smart investment opportunity, this property delivers. Currently leased through August 5, this condo provides immediate rental income with the option to transition to owner-occupancy in the fall. A fantastic opportunity in a high-demand area—don’t miss it!
CondoProperty Type
1968Year Built
$237Price/Sq.Ft.
$181/moHOA Dues
Listed by Diane Boon• Coldwell Banker Townside Bburg
Est. $1,227 per month, based on comparable rentals
Sale and tax history for 307 Loudon Rd #512
Sale History
Tax History
Date
Event
Price
NRVMLS #427218
Jun 23, 2026
Sold
$176,000
$237/sq ft
May 22, 2026
Pending
—
May 4, 2026
Listed
$179,000
$241/sq ft
NRVMLS #424737
Oct 15, 2025
Price Changed
$199,900
$269/sq ft
Jul 16, 2025
Listed
$209,000
$281/sq ft
Public Records
Dec 12, 2005
Sold
$96,000
$129/sq ft
Year
Property tax
Land + Additions
Assessment*
2026
$1,088 (+6.6%)
$134,300
2025
$1,021 (+1.3%)
$134,300
2024
$1,007 (+7.1%)
$134,300
2023
$940 (+13.6%)
$134,300
2022
$828
$93,000
2021
$828
$93,000
2020
$828
$93,000
2019
$828 (+9.2%)
$93,000
2018
$758
2017
$758 (−9.5%)
2014
$838
$94,200
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1995
Sq. Ft.
744
Year built
1968
Style
Condo/Co-op
County
Montgomery County
APN
120447
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2026.
RM-27
FP
Low Density Multi-unit Residential District
The RM-27 Low Density Multiunit residential district is provided in recognition of sections of the Town that are developed with multiunit structures and to allow similar development on land which appears appropriate for such development. Among these sections is land served by public water and sewer adequate to handle higher density residential development for purposes of protecting the health, convenience and safety of the inhabitants, land served by public thoroughfares designed to adequately handle traffic volume, and land served by or provided with suitable developed recreation space adequate to handle higher density residential development. The low density multi-unit residential district is intended to allow multiunit dwellings as a principal use of land. Attractiveness, order, efficiency, convenience and safety shall be encouraged by allowing a density of development appropriate for the use of public water and sewer facilities, public thoroughfares, public recreation areas and other public facilities while maintaining a suitable density for the permitted dwelling types with adequate space for light and air. It is intended that areas for low density multiunit dwellings be located on the edge of residential areas of a lower density, usually along a major traffic artery in a manner to encourage comprehensive development of the whole residential area with sustained livability and without overtaxing essential public services and facilities.
Zone overlays
Floodplain
Permitted uses
Include but are not limited to:
Assembly/ meeting place
Community / recreation center
Day care facility
Housing
Housing-Single unit
Housing-Multiple units
Housing-Student
Infrastructure
Recreation
Park & open space
Property details
Interior
Bathroom Information
# of Full Bathrooms: 1
Heating & Cooling
Has Heating
Heating: Heat Pump
Interior Features
Appliances: Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Electric Water Heater
Flooring: Carpet, Vinyl
Room Information
# of Rooms Total: 4
Exterior
Exterior Features
Patio And Porch Features: Patio
Roof: Shingle
Building Information
Above Grade Finished Area: 744
Levels: One
# of Stories Total: 1
Construction Materials: Brick
Property Information
Property Type: Residential
Property Sub Type: Condominium
Raw Mls Property Sub Type: Condominium
Lot Information
Lot Size : 0
Financial
Tax Information
Tax Annual Amount: $1,369.86
Utilities
Utility Information
Water Source: Public
Sewer: Public Sewer
Location
HOA Information
Has Homeowners Association
Association Fee: $2,172
Association Fee Frequency: Annually
Derived Association Fee (Monthly): $181
Schools Information
School District: Montgomery County
Elementary School: Margaret Beeks
Middle Or Junior School: Blacksburg
High School: Blacksburg
Location Information
Directions: S. Main traveling South, L on Ellett Rd., L on Fairfax Rd., L on New Kent Rd, Building 307, enter building in back from parking lot - 1st unit on R as you enter. Lockbox on stair railing.
Subdivision Name: Cascades
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 744
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1968
Year Renovated: 1995
County: Montgomery County
APN: 120447
Home facts updated by county records on Jul 20, 2026