Lynchburg VA Multi Family for Sale

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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

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:
0.11 Acres
Year built:
1914
Baths:
MLS#:
355545
Subdivision:
Miller Park - South

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:
0.26 Acres
Year built:
2024
Baths:
MLS#:
354537

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:
0.27 Acres
Year built:
1961
Baths:
MLS#:
354048
Subdivision:
Blue Ridge Farms

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.

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

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.

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Andrea D. Conner, License 225222413, Xome Inc., License 226024700, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

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 $221,800. 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 $221,800. 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 24501 has a population of 78,973. Lynchburg 24501 is less family-centric than the surrounding county with 23.09% 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 24501 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 24501 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.

Lynchburg Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    102
    30-day change

Lynchburg Schools and Demographics

Education near Lynchburg, VA

Metric City County
High School Graduates 89.83 89.83
College Degree - 2 year 8.46 8.46
College Degree - 4 year 38.28 38.28
Graduate Degree 11.45 11.45
Expenditures per Student 13,762 13,762
Students per Teacher 12.4 12.4

Elementary Schools near Lynchburg, VA

School Grades Students P/T Ratio ZIP
Bedford Hills Elementary School PK - 05 564 16.3 24503
Dearington Elementary/Innovation PK - 05 186 13.8 24501
Leesville Road Elementary School PK - 05 667 17.1 24502
Linkhorne Elementary School PK - 05 494 15.3 24503
Perrymont Elementary School PK - 05 444 15.6 24502
Robert S. Payne Elementary PK - 05 542 18.5 24501
Sheffield Elementary School PK - 05 450 18.4 24502
T.C. Miller Elementary for Innovat. KG - 05 249 15.6 24501
Tomahawk Elementary School PK - 05 659 17.8 24502
William M. Bass Elementary PK - 05 274 13.7 24501

Middle Schools near Lynchburg, VA

School Grades Students P/T Ratio ZIP
Brookville Middle School 06 - 08 690 14.9 24502
Linkhorne Middle School 06 - 08 601 11.6 24503
Paul Laurence Dunbar Mid. for Innovation 06 - 08 664 13.6 24504
Sandusky Middle School 06 - 08 558 10.5 24502

High Schools near Lynchburg, VA

School Grades Students P/T Ratio ZIP
Brookville High School 09 - 12 940 14.1 24502
E.C. Glass High 09 - 13 1,412 14.8 24501
Heritage High School 09 - 13 1,038 14.5 24502

Ungraded Schools near Lynchburg, VA

School Grades Students P/T Ratio ZIP
Carl B. Hutcherson Building UG - UG 0 24501
Central Virginia Gov. School UG - UG 0 24502
Laurel Regional Special Ed Center UG - UG 0 24501
Lynchburg Regional Governor's Stem Academy UG - UG 0 24502

Demographics near Lynchburg, VA 24501

Metric Zip Code City
Neighborhood Type Suburban
Population 78,973 78,973
Population Density 1,613 1,613
Median Age 28.6 28.6
People per Household 2.4 2.4
Median Household Income 54,015 54,015
Average Income per Capita 26,513 26,513