Duplex Investment
For Sale
$199,000
205 Diamond St, Lexington, VA 24450
SINGLE_FAMILY - Lexington, VA
Property Size1,848 SF
Lot Size0.14 Acres
Price / SF$107.68
Days on Market114
Property Features for 205 Diamond St
General Information
Property type
Residential
Property subtype
Duplex
Zoning
Residential
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2, Basement
Patio and Porch features
Porch, Patio, Deck
Exterior features
Deck, Fenced Yard, Porch
Fencing
Fenced
Basement
Full
Appliances
As Is, Oven, Refrigerator
Elementary school
Waddell
Middle school
Lylburn Downing
High school
Rockbridge Co
Directions
Main Street to Right on Diamond Street, house on right
Subdivision
Lexington
Standard status
Active
APN
17 6 1 19
Size
1,848 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Year
2026
Tax Description
.14 acres +/- improvements located on Lot 19 of the survey of Green Hill, recorded in DB 173/388 and per instrument #090004563
Tax Annual Amount
1207
Legal Description
.14 acres +/- improvements located on Lot 19 of the survey of Green Hill, recorded in DB 173/388 and per instrument #090004563
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public
Building Details
Year built
1937
Flooring type
Wood, Carpet, Tile
Roof type
Metal
Architectural style
Other
Listing Agency:
Real Broker LLC
(855) 450-0442
Listed By:
Kara F. Braddick
(540) 460-0484
Added: May 11
Changed: Jul 23
Last Checked: Sep 1 at 10:06AM
MLS# 140018
Copyright © 2026 Rockbridge Highlands Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers two residential units, each with its own private entrance, full kitchen, spacious living room, two bedrooms, and a full bathroom. Outdoor space includes a covered front porch, a back deck, and a fenced yard.
Located in Lexington, Virginia, the property is described as being just up the street from Virginia Military Institute and within easy walking distance to downtown Lexington.
The listing notes consistent rental income over many years, with value-add opportunities for an owner looking to pursue improvements and updates.
Located in Lexington, Virginia, the property is described as being just up the street from Virginia Military Institute and within easy walking distance to downtown Lexington.
The listing notes consistent rental income over many years, with value-add opportunities for an owner looking to pursue improvements and updates.
Key Highlights
- Duplex built in 1937 with two bedrooms and a full bathroom in each unit
- Each unit has its own private entrance, full kitchen, and spacious living room
- Outdoor spaces include a covered front porch, back deck, patio, and fenced yard
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,102
Businesses Nearby
Explore this area
Business Placement
Demographics for 24450, VA
17,654
Population
7,650
Households
2.3
Avg Household Size
37
Median Age
46%
College-Educated
94%
High-School Grad
220.0 sq mi
ZIP Area
80
Density / Sq Mi
$77,839
Median Household Income
$29,841
Median Earnings
$1,017
Median Rent
$294,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Duplex with two units, each offering private entrance, full kitchen, two bedrooms, and one full bathroom.
Where is this duplex located?
The property is located at 205 Diamond St Lexington, VA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Duplex built in 1937 with two bedrooms and a full bathroom in each unit; Each unit has its own private entrance, full kitchen, and spacious living room; Outdoor spaces include a covered front porch, back deck, patio, and fenced yard
