Two-Unit Duplex with Updated
For Sale
$285,000
289 Independence Circle, Forest, VA 24551
Multi-Family, Forest, VA
Property Size1,850 SF
Lot Size0.46 Acres
Price / SF$154.05
Days on Market56
Property Features for 289 Independence Circle
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 2, Bathroom 1
Elementary school
Tomahawk Elem
Middle school
Brookville Midl
High school
Brookville High
Elementary school district
Campbell
Middle school district
Campbell
High school district
Campbell
Directions
Timberlake Rd to Waterlick Rd to left on Jefferson Manor to R on Jane Randolph to L on Independence Circle duplex on Left
Subdivision
Campbell
Standard status
Active
APN
20A214
Size
1,850 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Description
JEFFERSON MANOR LOT 14 BK A SEC 2
Tax Annual Amount
732
Legal Description
JEFFERSON MANOR LOT 14 BK A SEC 2
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Building Details
Year built
1979
Number of units
2
Listing Agency:
Mark A. Dalton & Co., Inc.
(434) 841-8405
Listed By:
David Evans · License #0225268176
(434) 237-6267
Added: Jul 15
Changed: Sep 3
Last Checked: Sep 8 at 9:06PM
MLS# 368048
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.
Investment Insights
Based on property information with market context.
Built in 1979, this duplex contains 1,850 square feet on a 0.459-acre parcel and includes four bedrooms and two bathrooms. The two residences are separately leased, with occupants who have remained approximately 24 and 15 years. Unit A is leased through February 1, 2027, while Unit B is leased through September 30, 2026. The property is being sold as-is.
Capital improvements include a roof replacement completed by Cenvar in August 2015, along with HVAC replacements for Unit A in 2018 and Unit B in 2019, both performed by Jordan Mechanical. The septic system was serviced in November 2025, including line flushing, tank pumping, and distribution-box cleaning, then pumped again in April 2026. Located at 289 Independence Circle in Forest, Virginia, the duplex sits within an established single-family neighborhood.
Capital improvements include a roof replacement completed by Cenvar in August 2015, along with HVAC replacements for Unit A in 2018 and Unit B in 2019, both performed by Jordan Mechanical. The septic system was serviced in November 2025, including line flushing, tank pumping, and distribution-box cleaning, then pumped again in April 2026. Located at 289 Independence Circle in Forest, Virginia, the duplex sits within an established single-family neighborhood.
Key Highlights
- Two‑unit duplex with 1,850 square feet on a 0.459‑acre lot
- Unit A lease runs through February 1, 2027; Unit B lease runs through September 30, 2026
- Established occupants with approximately 24 and 15 years of tenancy
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
74
Businesses Nearby
Explore this area
Business Placement
Demographics for 24551, VA
25,601
Population
10,844
Households
2.4
Avg Household Size
42
Median Age
47%
College-Educated
96%
High-School Grad
74.2 sq mi
ZIP Area
345
Density / Sq Mi
$91,119
Median Household Income
$49,846
Median Earnings
$1,087
Median Rent
$345,600
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 - Each residence has its own heat-pump system and established occupancy within a single-family neighborhood.
Where is this duplex located?
The property is located at 289 Independence Circle Forest, VA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,850 square feet on a 0.459‑acre lot; Unit A lease runs through February 1, 2027; Unit B lease runs through September 30, 2026; Established occupants with approximately 24 and 15 years of tenancy
