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    2228 Tulip St Lynchburg, VA 24504

    For Sale
    $189,900

    Multi-Family - Lynchburg, VA

    Type:Multi Family
    Lot size:
    0.12 Acres
    Days on Market:
    23
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 2228 Tulip St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Zoning
    R3
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    APN
    04707025
    Parking features
    On Street
    Interior features
    Carpet, Dryer Hookup, Smoke Alarm, Washer Hookup
    Appliances
    Dishwasher, Dryer, Garbage Disposer, Range, Refrigerator, Washer
    Lot size
    0.12 Acres

    Utilities

    Cooling system
    Multi Units, Other (Cooling), Wall Unit(s), Window Unit(s)

    Building Details

    Year built
    1917
    Number of units
    2
    Flooring type
    Carpet, Vinyl, Wood
    Building materials
    Vinyl Siding
    Architectural style
    Other

    The Realty Group Lynchburg dba Keller Williams (434) 534-9113 [email protected]

    Listing agent Audrey Roberts (434) 534-9113 License #0225244928

    Listing date Nov 14, 2025

    MLS# 362899 Listing URL

    Copyright © 2025 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

    Lynchburg Duplex Investment Opportunity

    Located on Tulip Street in Lynchburg, this duplex presents an investment opportunity. The property features a 2-year-old roof and includes two units, each with 2 bedrooms and 1 bathroom, and separate electric meters. Unit A, situated on the main level, has been renovated with LVP flooring, a modernized kitchen equipped with new appliances, and an updated bathroom that includes a new washer and dryer. This property is suitable for investors seeking a cash-flowing asset or homeowners looking to occupy one unit while renting out the other. The lot size is 0.1237 acres. The zoning is R3.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Building Supply Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg
    State
    Virginia
    Longitude
    -79.132564
    Latitude
    37.4017218

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    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex in Lynchburg with renovated unit and new roof.
    Where is this duplex located?
    The property is located at 2228 Tulip St Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $189,900.
    What are key features of this property?
    This property features: - Renovated Unit A features LVP flooring, a modernized kitchen with new appliances, and an updated bathroom with a new washer/dryer.; - Duplex with two units, each offering 2 bedrooms and 1 bathroom.; - Separate electric meters for each unit.
    (434) 534-9113
    Request Owner's contact information
    2228 Tulip St Lynchburg, VA 24504
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    Lynchburg, VA 24504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2228 Tulip St Lynchburg, VA 24504
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