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    223 Warren Ave Lynchburg, VA 24501

    For Sale
    $269,900

    Multi-Family - Lynchburg, VA

    Type:Multi Family
    Lot size:
    0.14 Acres
    Days on Market:
    13
    Last Refresh:
    Dec 7 at 8:06 am

    Property Features for 223 Warren Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Multi Family
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4
    Bedrooms
    4
    Bathrooms
    2
    APN
    03022008
    Appliances
    Dishwasher, Dryer, Range, Refrigerator, Washer
    Lot size
    0.14 Acres

    Utilities

    Cooling system
    Heat Pump

    Building Details

    Year built
    2002
    Flooring type
    Carpet, Laminate, Tile, Tile - Ceramic, Vinyl
    Building materials
    Vinyl Siding
    Architectural style
    Other

    EXP REALTY LLC (866) 825-7169 [email protected]

    Listing agent Chris Dorner (866) 825-7169 License #0225240704

    Listing date Nov 25, 2025

    MLS# 363295 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

    Versatile Income-Friendly Fort Hill Property

    This Fort Hill property offers a versatile design suitable for both buyers and investors, providing income potential without sacrificing comfort. The main level features a bright, open living, dining, and kitchen area that flows into three bedrooms and a full bath. A convenient laundry closet with a washer and dryer is also located on this level. The finished lower level has been newly renovated into an apartment-style suite, featuring one bedroom and one bathroom, along with its own kitchen, living/dining area, laundry room, and exterior entrance. The lower level also has a separate electric meter, making it ideal for rental income, extended family, or live-in flexibility. A paved driveway with off-street parking is available. Located in the heart of Fort Hill, the property is situated minutes from shopping, dining, and everyday amenities in a walkable neighborhood.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Lynchburg
    County
    Lynchburg
    State
    Virginia
    Longitude
    -79.1750616
    Latitude
    37.394004

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    FAQs

    What type of property is this?
    Duplex - Fort Hill multi-family property with rental income potential.
    Where is this duplex located?
    The property is located at 223 Warren Ave Lynchburg, VA.
    What is the asking price?
    The asking price for this property is $269,900.
    What are key features of this property?
    This property features: - Income-generating potential: Features a **newly renovated, separate one-bed, one-bath apartment suite** with its own entrance, kitchen, laundry, and electric meter.; - Versatile living options: Suitable for rental income, extended family, or flexible living arrangements.; - Move-in ready: Includes essential appliances such as dishwasher, dryer, range, refrigerator, and washer.
    (866) 825-7169
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    Lynchburg, VA 24501
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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
    223 Warren Ave Lynchburg, VA 24501
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