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    Lynchburg, VA Apartment Buildings for Sale

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    Historic Five-Unit Apartment Building
    Updated: Sep 18
    Historic Five-Unit Apartment Building

    720 Court Street, Lynchburg, VA 24504

    $299,900
    5,395 sqft 0.05 AC lot
    Five 1‑bedroom, 1‑bath apartment units
    5,395 square feet across three levels
    Brick building constructed in 1826
    Located within the Court House Hill‑Downtown Historic District
    Corner position at Court and 8th Streets
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    Historic Five-Unit Apartment Building
    Updated: Sep 18
    Historic Five-Unit Apartment Building

    720 Court Street, Lynchburg, VA 24504

    $299,900
    5,395 sqft 0.05 AC lot
    Five 1‑bedroom, 1‑bath units across three levels
    5,395 square feet on a 0.0535‑acre lot
    Built in 1826 with brick construction
    Located in the Court House Hill‑Downtown Historic District
    B1 zoning with natural gas and hot water heating
    View details
    Two-Story Five-Unit Apartment Building
    Two-Story Five-Unit Apartment Building

    507 Madison Street, Lynchburg, VA 24504

    $395,000
    4,333 sqft 0.19 AC lot

    Built in 1913, the property features an open front porch with heat pump and window-unit systems.

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    See hot listings in Lynchburg

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    5-Unit Historic Apartment Building
    5-Unit Historic Apartment Building

    720 Court St, Lynchburg, VA 24504

    $299,900
    5,395 sqft

    Five one-bedroom, one-bath residences occupy a brick property recognized for its architectural and historical significance.

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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 consistent two-bedroom layouts support straightforward multifamily operations along a commercially active corridor.

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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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    5-Unit Apartment Building
    5-Unit Apartment Building

    507 Madison Street, 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

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

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    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 10 Active listings in Lynchburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 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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    Workforce Housing Apartment Community
    Workforce Housing Apartment Community

    4847 Rutgers Street NW, Roanoke, VA 24012

    Contact for pricing
    83,272 sqft

    102-unit workforce housing community with recent HVAC and window upgrades plus renovated apartments and new amenities.

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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.

    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

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

    300 Mcconville Rd, Lynchburg, VA 24502-4560

    Estimated value:
    $2,100,000
    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

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

    201 Capital St, Lynchburg, VA 24502

    Estimated value:
    $13,250,000
    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

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

    1016 Church St, Lynchburg, VA 24504-4613

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

    2811 Rivermont Ave, Lynchburg, VA 24503-1413

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

    3000 Birchwood Dr, Lynchburg, VA 24501-1453

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

    4710 Greenwood Dr, Lynchburg, VA 24502-1051

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

    620 5th St, Lynchburg, VA 24504-2428

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

    3610 Ft Ave, Lynchburg, VA 24501-3853

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

    177 Princeton Cir, Lynchburg, VA 24503-1458

    Estimated value:
    $355,000
    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
    Estimated value:
    $1,150,000
    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
    Estimated value:
    $1,150,000
    5,032 sqft 0.82 AC lot
    View details

    Lynchburg, VA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Lynchburg, VA, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 137,227 square feet of properties for sale, with an estimated market value of $5,136,600.

    Sale prices for apartment complexes in Lynchburg, VA start at $299,900, averaging $570,733, 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 $347.5K
    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)

    Average Property Price per SF

    For-sale Residential Income pricing trends in Lynchburg city

    Residential Income

    Property Size Breakdown

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

    How Realmo verifies these figures

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