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1664 Graves Mill Road Lynchburg, VA 24502

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New
For Sale
$899,000

MULTI_FAMILY - Lynchburg, VA

Property size:
6,792 SF
Lot size:
0.70 Acres
Added:
Apr 8, 2026
Days on Market:
2
Last Refresh:
Apr 9 at 4:06 am

Property Features for 1664 Graves Mill Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
12
Bathrooms
6
Rooms
Bedroom 10, Bathroom 6, Bedroom 9, Bathroom 5, Bedroom 8, Bedroom 6, Bedroom 5, Bedroom 12, Bathroom 4, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1, Bedroom 11, Bathroom 2, Bedroom 4, Bedroom 7, Bathroom 3
Standard status
Active
APN
24013005
Size
6,792 SF
Lot size
0.70 Acres

Taxes and HOA fees

Tax Description
GEORGE L JONES, LOT 4 & PT LOT 5

Utilities

Heating system
Heat Pump (Heating)
Cooling system
Heat Pump

Building Details

Year built
1970
Number of units
8

We can help!

Listing Contact
Jimmy L Rufus Jr.

Listing agent Jimmy L Rufus Jr. License #0225183489

Listing office eXp Realty LLC-Stafford 800 Coprorate Drive Ste 301, Richmond, VA

Listing date Apr 8, 2026

MLS# 365599

Copyright © 2026 Lynchburg Virginia MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Income-Producing 8-Plex in Lynchburg, VA

This income-producing 8-plex is located in a high-traffic corridor on Graves Mill Road, surrounded by established restaurants, businesses, and everyday conveniences. The location provides easy access to the expressway, airport, and local colleges. Each of the eight units features 2 bedrooms and 1 full bath. The property generates a monthly income of $7,700. The property size is 6,792 square feet and the lot size is 0.7007 acres. It is located in Lynchburg, VA. The property presents a solid return with room for future growth due to its strong rental history, excellent location, and consistent demand. This multi-family property is located in a thriving commercial area with long-term upside potential.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Sandusky High School

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lynchburg
County
Lynchburg
State
Virginia
Longitude
-79.240854
Latitude
37.377284

FAQs

What type of property is this?
Apartment building - Income-producing 8-plex in high-traffic area with solid returns.
Where is this apartment building located?
The property is located at 1664 Graves Mill Road Lynchburg, VA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Income‑producing 8‑plex generating $7,700 monthly income.; Prime location on Graves Mill Road in a high‑traffic commercial corridor.; Easy access to expressway, airport, and local colleges.
More about this property
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