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    Lynchburg, VA Apartment Buildings for Sale

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    Rustburg, VA Madison Heights, VA Forest, VA Amherst, VA Concord, VA Evington, VA Monroe, VA Spout Spring, VA
    7 properties
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    Two-Story Five-Unit Apartment Building
    Updated: Jul 24
    Two-Story Five-Unit Apartment Building

    507 Madison Street, Lynchburg, VA 24504

    $395,000
    4,333 sqft 0.19 AC lot
    Five‑unit apartment building with 4,333 square feet of finished space
    Two‑story configuration on a 0.1854‑acre parcel
    Built in 1913 with classic architectural character
    Open front porch
    Five bedrooms and five bathrooms in the room inventory
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    8-Unit Apartment Building
    Updated: Apr 8
    8-Unit Apartment Building

    1664 Graves Mill Road, Lynchburg, VA 24502

    $899,000
    6,792 sqft 0.70 AC lot
    8 apartment units with 2 bedrooms and 1 full bath per unit
    6,792 square feet on 0.7007 acres
    16 total bedrooms and 8 bathrooms
    Heat pump heating and cooling systems
    Built in 1970
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    8-Unit Apartment Building
    8-Unit Apartment Building

    1664 Graves Mill Road, Lynchburg, VA 24502

    $899,000
    6,792 sqft 0.70 AC lot

    Eight matching residences offer a straightforward two-bedroom, one-bath configuration throughout the property.

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    See what stands out in Lynchburg city

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    5-Unit Apartment Building
    5-Unit Apartment Building

    507 Madison St, Lynchburg, VA 24504

    $395,000
    4,333 sqft

    Two-story multifamily property with finished interior space and an open front porch in Lynchburg.

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    Income-Producing 8-Plex Apartment Building
    Income-Producing 8-Plex Apartment Building

    1664 Graves Mill Rd, Lynchburg, VA 24502

    $899,000
    6,792 sqft

    Eight residential units generate monthly income with consistent 2-bedroom, 1-bath layouts for tenant-ready living.

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    Historic 10-Unit Apartment Property
    Historic 10-Unit Apartment Property

    3024 Rivermont Avenue, Lynchburg, VA 24503

    $749,900
    8,697 sqft

    1904 multifamily property with updated electrical service, individual mini-split systems, and off-street parking.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    114-Unit Garden-Style Apartment Community
    114-Unit Garden-Style Apartment Community

    2075 Langhorne Rd, Lynchburg, VA 24501

    Contact for pricing
    92,000 sqft

    R-4-zoned community near Centra Health’s employee campus and Lynchburg’s healthcare corridor.

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    Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 7 Active listings in Lynchburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Story Mixed-Use Property
    Two-Story Mixed-Use Property

    201 S Main Street, Gretna, VA 24557

    $399,900
    10,004 sqft 0.26 AC lot

    Street-level retail space accompanies seven residential units in a two-story building.

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    Two-Story Mixed-Use Property
    Two-Story Mixed-Use Property

    201 S Main Street, Gretna, VA 24557

    $399,900
    10,004 sqft 0.26 AC lot

    Ground-floor retail space is paired with seven residential units, including efficiencies and a one-bedroom apartment.

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    Downtown Roanoke Mixed-Use Investment
    Downtown Roanoke Mixed-Use Investment

    135 Salem Ave SW, Roanoke, VA 24011

    $1,595,000

    10-unit property in prime downtown location with income streams.

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    10-Unit Townhome Apartment Building
    10-Unit Townhome Apartment Building

    2612 Belle Ave NE, Roanoke, VA 24012

    Contact for pricing

    Rented townhomes offer dedicated parking, updated windows, and washer/dryer hookups.

    View details

    Off-Market Properties in Lynchburg, VA

    Consider similar Off-Market properties in Lynchburg, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2009 Longwood Rd
    APARTMENT HOUSE (5+ UNITS)

    2009 Longwood Rd, Lynchburg, VA 24503-2217

    $365,000
    Estimated value
    7,084 sqft 0.60 AC lot
    View details
    300 Mcconville Rd
    APARTMENT HOUSE (5+ UNITS)

    300 Mcconville Rd, Lynchburg, VA 24502-4560

    $2,100,000
    Estimated value
    22,977 sqft 4.92 AC lot
    View details
    1201 Long Mdws Dr
    APARTMENT HOUSE (5+ UNITS)

    1201 Long Mdws Dr, Lynchburg, VA 24502-5244

    $2,880,000
    Estimated value
    122,960 sqft 10.48 AC lot
    View details
    201 Capital St
    APARTMENT HOUSE (5+ UNITS)

    201 Capital St, Lynchburg, VA 24502

    $13,250,000
    Estimated value
    95,792 sqft 3.28 AC lot
    View details
    3216 Frst Brk Rd
    APARTMENT HOUSE (5+ UNITS)

    3216 Frst Brk Rd, Lynchburg, VA 24501-3011

    $575,000
    Estimated value
    4,174 sqft 0.56 AC lot
    View details
    1016 Church St
    APARTMENT HOUSE (5+ UNITS)

    1016 Church St, Lynchburg, VA 24504-4613

    $850,000
    Estimated value
    10,864 sqft 0.12 AC lot
    View details
    2811 Rivermont Ave
    APARTMENT HOUSE (5+ UNITS)

    2811 Rivermont Ave, Lynchburg, VA 24503-1413

    $380,000
    Estimated value
    11,739 sqft 0.37 AC lot
    View details
    3000 Birchwood Dr
    APARTMENT HOUSE (5+ UNITS)

    3000 Birchwood Dr, Lynchburg, VA 24501-1453

    $4,285,000
    Estimated value
    67,469 sqft 5.68 AC lot
    View details
    4710 Greenwood Dr
    APARTMENT HOUSE (5+ UNITS)

    4710 Greenwood Dr, Lynchburg, VA 24502-1051

    $515,000
    Estimated value
    6,528 sqft 0.55 AC lot
    View details
    620 5th St
    APARTMENT HOUSE (5+ UNITS)

    620 5th St, Lynchburg, VA 24504-2428

    $135,000
    Estimated value
    3,908 sqft 0.06 AC lot
    View details
    3610 Ft Ave
    APARTMENT HOUSE (5+ UNITS)

    3610 Ft Ave, Lynchburg, VA 24501-3853

    $835,000
    Estimated value
    12,913 sqft 0.66 AC lot
    View details
    177 Princeton Cir
    APARTMENT HOUSE (5+ UNITS)

    177 Princeton Cir, Lynchburg, VA 24503-1458

    $355,000
    Estimated value
    10,609 sqft 0.44 AC lot
    View details
    103 Melinda Dr, Unit 9
    APARTMENT HOUSE (5+ UNITS)

    103 Melinda Dr, Lynchburg, VA 24502-3209

    Unit 9
    $1,150,000
    Estimated value
    5,032 sqft 0.77 AC lot
    View details
    103 Melinda Dr, Unit 1
    APARTMENT HOUSE (5+ UNITS)

    103 Melinda Dr, Lynchburg, VA 24502-3200

    Unit 1
    $1,150,000
    Estimated value
    5,032 sqft 0.82 AC lot
    View details
    216 Warwick Ln
    APARTMENT HOUSE (5+ UNITS)

    216 Warwick Ln, Lynchburg, VA 24503

    $905,000
    Estimated value
    7,987 sqft 0.10 AC lot
    View details
    2665 Rivermont Ave
    APARTMENT HOUSE (5+ UNITS)

    2665 Rivermont Ave, Lynchburg, VA 24503-1552

    $905,000
    Estimated value
    16,346 sqft 0.33 AC lot
    View details
    1211 Fenwick Dr
    APARTMENT HOUSE (5+ UNITS)

    1211 Fenwick Dr, Lynchburg, VA 24502-2139

    $520,000
    Estimated value
    9,672 sqft 0.80 AC lot
    View details

    Lynchburg, VA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Lynchburg, VA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 129,739 square feet of properties for sale, with an estimated market value of $4,236,900.

    Sale prices for two-family homes in Lynchburg, VA start at $395,000, averaging $706,150, and reaching up to $899,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 103K
    Population Growth (5Y) -3.8%
    Median Household Income $64,253
    College Educated 25.7%

    High-Yield Neighborhoods for Investment

    Identify Lynchburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    24504 $395K
    24503 $749.9K
    24502 $899K

    Taxes & Financing

    Tax Rate (average for all types) 0.82%
    Property Tax per SF $9.77 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lynchburg city

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Lynchburg fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Lynchburg, VA

    • 24502
    • 24504
    • 24501
    • 24503

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