Multifamily Opportunity in Lynchburg,
For Sale
$900,000
309 Wyndale Drive, Lynchburg, VA 24501
MULTI_FAMILY - Lynchburg, VA
Property SizeContact for details
Lot Size4.14 Acres
Days on Market139
Property Features for 309 Wyndale Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Elementary school
Sheffield Elem
Middle school
PL Dunbar Midl
High school
Heritage High
Elementary school district
Lynchburg
Middle school district
Lynchburg
High school district
Lynchburg
Directions
501 to Lakeside to Wyndale - on your right.
Subdivision
Lynchburg
Standard status
Active
APN
23018003
Lot size
4.14 Acres
Taxes and HOA fees
Tax Description
T A COINER PROPERTY
Legal Description
T A COINER PROPERTY
Building Details
Year built
1975
Listing Agency:
Keller Williams · Keller Williams Realty
(434) 534-9113
Listed By:
Zach Willis
(434) 401-6785
Added: Mar 27
Changed: Aug 2
Last Checked: Aug 12 at 2:06PM
MLS# 365389
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.
This multifamily property in Lynchburg, VA, presents a unique opportunity with immediate income potential and future development possibilities. The 4.14-acre property includes a single-family home, offering immediate income. Concept plans have been developed for a potential 93-unit apartment community or townhome development. The R4 zoning allows for flexible development options. This property is suitable for investors, builders, or those seeking to expand their portfolio. It offers strong upside potential and multiple development paths, positioning it for future growth.
Key Highlights
- Concept plans available for a potential 93‑unit apartment community or townhome development.
- Offers immediate income with an existing single‑family home.
- Ideal for investors, builders, or portfolio expansion.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
382
Businesses Nearby
Explore this area
Business Placement
Demographics for 24501, VA
27,160
Population
12,157
Households
2.2
Avg Household Size
33
Median Age
25%
College-Educated
87%
High-School Grad
36.3 sq mi
ZIP Area
748
Density / Sq Mi
$45,305
Median Household Income
$28,790
Median Earnings
$936
Median Rent
$155,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Single family property - Multifamily property with development potential for investors and builders.
Where is this single family property located?
The property is located at 309 Wyndale Drive Lynchburg, VA.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Concept plans available for a potential 93‑unit apartment community or townhome development.; Offers immediate income with an existing single‑family home.; Ideal for investors, builders, or portfolio expansion.
