Lynchburg VA Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1957
- Baths:
- MLS#:
- 355581
- Subdivision:
- Washington Heights
View additional info
Courtesy: Cornerstone Realty Group Inc
434-810-6732
ADDITIONAL INFORMATION
True duplex with separate entrances from the main level ready to cash flow. Top unit vacant and ready for occupancy and bottom unit bringing in $900 a month. Each unit has newer kitchen cabinetry, counter tops, electric updates and appliances. Both units have two bedrooms and one full bathroom making perfect rentals. House is set up with two separate electric meters and has potential for setting up coin laundry in basement for additional income. Newer roof, soffit and gutters have been installed.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.31 Acres
- Year built:
- 1960
- Baths:
- MLS#:
- 355526
- Subdivision:
- Randolph College Area
View additional info
Courtesy: LPT Realty, Inc
267-241-1073
ADDITIONAL INFORMATION
Turnkey duplex investment opportunity with high-income potential! This fully remodeled property, tucked away off Rivermont Ave, is perfect for short-term rentals, with projected gross monthly income of $4,300 to $6,000 from a local property management company. The bottom unit offers 3 bedrooms & 1 bathroom, while the top unit is a 1 bedroom, 1 bathroom space. Both units feature modern, thoughtfully designed interiors with brand-new kitchens, custom tile bathrooms, updated electrical and plumbing, a new roof, heat pump and mini-split units, and new water heaters, ensuring minimal future maintenance costs. The units exude charm with stylish finishes, including open shelving in the kitchens, LVP flooring, & inviting spaces under dormer windows in the upper unit. Located near hospitals, Randolph College, and Downtown Lynchburg, this property is ideally situated for short-term guests. Don't miss this unique, income-generating opportunity!
$129,900
1513 Polk Street Lynchburg, VA 24504
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1855
- Baths:
- MLS#:
- 355503
View additional info
Courtesy: Keller Williams
434-534-9113
ADDITIONAL INFORMATION
Welcome to this charming triplex located in the heart of Lynchburg! This two-story property features three distinct apartments, perfect for investors or multi-family living. Apartment 1 boasts 2 spacious bedrooms and 1 full bath, while Apartment 2 offers a cozy 1-bedroom layout with a full bath, complete with a fridge and stove. You'll appreciate the private staircase leading to Apartment 2. The efficiency apartment rounds out the offering, providing flexible living options. Each apartment is equipped with its own electric meter, while the property shares a water meter. Enjoy the convenience of off-street parking alongside a paved driveway that accommodates 2-3 cars. This well-maintained triplex is an excellent opportunity for income generation or comfortable living. Don't miss out on this!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- NEW LISTING
- Beds:
- n/a
- Lot size:
- 0.11 Acres
- Year built:
- 1914
- Baths:
- MLS#:
- 355545
- Subdivision:
- Miller Park - South
View additional info
Courtesy: eXp Realty LLC-Fredericksburg
866-825-7169
ADDITIONAL INFORMATION
Charming 1914 Duplex with Modern Updates - Perfect for Investors or Multi-Generational Living! Welcome to this beautifully remodeled duplex featuring over 1,800 square feet and original refurbished hardwood floors. With two distinct units, each equipped with its own electric meter, this property offers exceptional versatility. The main-floor unit boasts three bedrooms, a full bath & kitchen, while the upstairs unit includes two bedrooms, and a full bath & kitchen. Both units come with appliances, including a refrigerator, dishwasher, and stove, along with separate laundry hookups and heat pumps. Recent upgrades also include all-new electric and water lines, as well as improvements to the drain/waste system. Situated near the vibrant shops and amenities of downtown Lynchburg, this property is ideal for investors, families seeking a multi-generational setup, or anyone wanting to live in one unit while renting out the other. Don't miss out on this unique opportunity!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.66 Acres
- Year built:
- 1959
- Baths:
- MLS#:
- 355226
View additional info
Courtesy: Keller Williams
434-534-9113
ADDITIONAL INFORMATION
Discover this charming duplex in Lynchburg, featuring two separate units with private entrances. Unit 1, located upstairs, boasts 3 bedrooms and 1 bathroom, equipped with a modern heat pump for comfort. Downstairs, Unit 2 offers 2 bedrooms and 1 bathroom, featuring energy-efficient mini splits for heating and cooling. Both units are fitted with stylish stainless steel appliances and beautiful butcher block countertops. Enjoy the added bonus of a new roof and durable LVP flooring throughout. The shared common spaced located in the basement includes a washer and dryer for convenience. With 4 off-street parking spots, this property is perfect for investors or multi-generational living. Don't miss this opportunity to own a versatile duplex in a great location!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Year built:
- 1965
- Baths:
- MLS#:
- 355119
View additional info
Courtesy: Keller Williams
434-534-9113
ADDITIONAL INFORMATION
Welcome to this charming duplex located in the heart of Lynchburg and within walking distance to Liberty University! Each unit boasts two spacious bedrooms and a modern bathroom, perfect for comfortable living. Recent upgrades include stunning LVP flooring throughout, newly renovated kitchens, and fresh interior paint that adds a contemporary touch. A brand-new heat pump was installed in 2023, ensuring year-round comfort. The property also showcases a newly installed gravel driveway and a durable new roof, making it low-maintenance and ready for its next owner. Ideal for investors or those seeking a dual living arrangement, this duplex combines modern updates with convenient living in a vibrant community. Don't miss out on this fantastic opportunity!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.17 Acres
- Year built:
- 1900
- Baths:
- MLS#:
- 355190
View additional info
Courtesy: Berkshire Hathaway HomeServices Dawson Ford Garbee & Co., REALTORS®-Forest
434-455-4777
ADDITIONAL INFORMATION
ATTENTION all investors!!! This unique triplex, located in the heart of Rivermont, is full of potential and ready for a new owner to apply some TLC and restore it to its former glory. This Property is within walking distance of a few trendy Bedford Ave restaurants/eateries, parks, and the Black Water Creek Trail. Don't let this rewarding opportunity pass you by! Schedule your showing today!
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.18 Acres
- Year built:
- 1912
- Baths:
- MLS#:
- 354754
- Subdivision:
- Middle Rivermont
View additional info
Courtesy: Keller Williams
434-534-9113
ADDITIONAL INFORMATION
Located in the heart of downtown Lynchburg, 1609 Rivermont Ave is a rare gem, offering both timeless character and modern cashflow potential. This beautifully restored historic property has been converted into a fully occupied triplex, making it an ideal addition to any investor's portfolio. Each unit is currently leased, ensuring immediate income and long-term stability. With its prime location on the iconic Rivermont Avenue, tenants enjoy proximity to vibrant shops, dining, and entertainment, making this a highly desirable rental property. Don't miss your chance to own a piece of Lynchburg's history while enjoying consistent returns. Schedule a showing today and experience firsthand the potential of 1609 Rivermont Ave.
$379,900
2228 Duke St. Lynchburg, VA 24501
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.26 Acres
- Year built:
- 2024
- Baths:
- MLS#:
- 354537
View additional info
Courtesy: Dewitt Real Estate & Auction
434-239-8684
ADDITIONAL INFORMATION
Brand new duplex for sale, convenient to downtown and Liberty University. Granite counter tops, heat pumps, private decks, two parking spaces for each unit, and so much more. Each unit has their own electric and water meters. Each unit is estimated to rent for $1,600 month. Putting on the finishing touches, will be ready for occupancy by November 1, 2024. (This listing can be purchased as part of a package deal which would include the house next door (2224 Duke St. and 2232 Duke St., also a new duplex)
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.25 Acres
- Year built:
- 1911
- Baths:
- MLS#:
- 354384
- Subdivision:
- Randolph College Area
View additional info
Courtesy: Consensus Real Estate Service, Llc
434-846-6585
ADDITIONAL INFORMATION
Time to get a contract on an investment property in the desirable Rivermont area near Randolph College! Schedule a showing to see this 4-plex with a very successful rental history. This is a great option for new or experienced investors to jump in the market.All units have separate electric meters and the house gas boiler was fine-tuned recently. Units 1 & 2 have mini-splits to provide air conditioning.
$2,190,000
1305 Ashbourne Drive Lynchburg, VA 24501
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.27 Acres
- Year built:
- 1961
- Baths:
- MLS#:
- 354048
- Subdivision:
- Blue Ridge Farms
View additional info
Courtesy: Keller Williams
434-534-9113
ADDITIONAL INFORMATION
Attention Investors! This package includes 11 properties with a mix of single homes, duplexes and triplexes. Start your investment portfolio today! Units 1-2 show details for 1305 Ashbourne Dr, Units 3-4 show details for 153 Greystone Dr., and Units 5-6 show details for 297-299 Ragland Rd. Photos of all properties included are shown. Contact agent for info on all properties included.
$60,000,000
2595 Waterlick Road Lynchburg, VA 24502
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 5 Acres
- Baths:
- MLS#:
- 353779
View additional info
Courtesy: Divine Fog Realty Company LLC
434-237-3777
ADDITIONAL INFORMATION
The Epiphany @ Blue Ridge Commons is an exclusive enclave of 240 meticulously designed luxury apartment units that will blend sophistication with comfort. Construction and lease-up soon to begin. This community is strategically priced with a conservative 6% CAP Rate that comes in 5M under market value, positioning experienced investors with a huge upside and built in equity. Conveniently located near major highways and public transportation this community will also feature resort-style amenities with a luxury clubhouse, pool, and fitness center.
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.14 Acres
- Year built:
- 1926
- Baths:
- MLS#:
- 353432
- Subdivision:
- Highland Park
View additional info
Courtesy: Blanks Properties, Inc.
434-525-0336
ADDITIONAL INFORMATION
Great Duplex - Lower unit rented so please give notice for showing. Each unit 2 bedrooms, bath, living room, and kitchen. Individual heat pump and washer/dryer connections. Both units are in great shape. Upstairs unit recently vacated by long term tenant and has been cleaned and fresh painted. Off street parking available for lower level. Solid investment opportunity.
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange ("IDX") program of the Lynchburg Association of REALTORS. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright 2024 Lynchburg Association of Realtors. All rights reserved.
Lynchburg Real Estate
The median home value in Lynchburg, VA is $289,900. This is higher than the county median home value of $197,800. The national median home value is $338,100. The average price of homes sold in Lynchburg, VA is $289,900. Approximately 42.24% of Lynchburg homes are owned, compared to 43.79% rented, while 13.97% are vacant. Lynchburg real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Lynchburg real estate agent to arrange a tour today!
Lynchburg, Virginia has a population of 78,973. Lynchburg is less family-centric than the surrounding county with 24.2% of the households containing married families with children. The county average for households married with children is 24.2%.
The median household income in Lynchburg, Virginia is $54,015. The median household income for the surrounding county is $54,015 compared to the national median of $69,021. The median age of people living in Lynchburg is 28.6 years.
Lynchburg Weather
The average high temperature in July is 85.7 degrees, with an average low temperature in January of 24.5 degrees. The average rainfall is approximately 42.2 inches per year, with 13.6 inches of snow per year.