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Fully Furnished Duplex with Separate Utilities

416 Belvedere Street, Lynchburg, VA 24503

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New

For Sale

$347,900

MULTI_FAMILY - Lynchburg, VA

Property size:

1,912 SF

Lot size:

0.23 Acres

Price / SF:

$181/SF

HighLights

Fully furnished duplex with a proven short- and mid‑term rental track record
Gross 2025 income: $37,000; gross 2026 income year to date: $18,000
Upper unit: 3 bedrooms and 1 full bath; lower unit: 2 bedrooms and 1 full bath
Separate utilities, each unit has its own laundry, and each unit includes a heat pump
Updates include fresh paint, modern lighting, updated appliances, ring cameras, and a reglazed bath
Year built: 1959

We can help!

Listing Contact

Jimmy L Rufus Jr.

For Sale

$347,900

MULTI_FAMILY - Lynchburg, VA

Property size:

1,912 SF

Lot size:

0.23 Acres

Price / SF:

$181/SF

Added:: Jun 16, 2026
Days on Market:: 1
Last Refresh:: Jun 16 at 4:06 pm

Property Features for 416 Belvedere Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R-3
Bedrooms: 5
Bathrooms: 2
Rooms: Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 2
Standard status: Active
APN: 01918061
Size: 1,912 SF
Lot size: 0.23 Acres

Taxes and HOA fees

Tax Description: COLLEGE PARK, BLK C, LOT 12-13

Utilities

Heating system: Heat Pump (Heating)
Cooling system: Heat Pump

Building Details

Year built: 1959
Number of units: 2

We can help!

Listing Contact

Jimmy L Rufus Jr.

Listing agent Jimmy L Rufus Jr. License #0225183489

Listing office eXp Realty LLC-Stafford 800 Coprorate Drive Ste 301, Richmond, VA

Listing date Jun 16, 2026

MLS# 367266 Listing URL

HighLights

Fully furnished duplex with a proven short- and mid‑term rental track record
Gross 2025 income: $37,000; gross 2026 income year to date: $18,000
Upper unit: 3 bedrooms and 1 full bath; lower unit: 2 bedrooms and 1 full bath
Separate utilities, each unit has its own laundry, and each unit includes a heat pump
Updates include fresh paint, modern lighting, updated appliances, ring cameras, and a reglazed bath
Year built: 1959

Overview

This immaculate, furnished duplex is set up as a true two-unit property with independent living arrangements. The upper level features 3 bedrooms and 1 full bath, while the lower level offers 2 bedrooms and 1 full bath. Each unit has its own separate utilities, in-unit laundry, and individual heat pumps. Updates include fresh paint, modern lighting, updated appliances, ring cameras, and a reglazed bath, reflecting consistent upkeep throughout the property.

Located at 416 Belvedere Street in Lynchburg, Virginia, the property is near the hospital. The current layout and tenant profile have historically aligned well with travel nurse demand, supported by a short- and mid-term rental track record.

For buyers seeking a manageable rental structure, the unit-by-unit utility setup and dedicated laundry can simplify operations and tenant experience. Reported gross income is $37,000 for 2025 and $18,000 year to date for 2026, based on the seller’s information. With residential income-focused zoning (R-3) and two distinct floorplans, the duplex offers flexibility for tenant configurations while maintaining a cohesive, updated interior package across both units.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

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Location Insight

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Local Demand

City: Lynchburg
County: Lynchburg
State: Virginia
Longitude: -79.177323
Latitude: 37.433012

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For sale
Duplexes
VA
Lynchburg
24503
416 Belvedere Street

What type of property is this?

Duplex - True duplex with separate utilities and laundry in each unit, supporting a short- and mid-term rental history.

Where is this duplex located?

The property is located at 416 Belvedere Street Lynchburg, VA.

What is the asking price?

The asking price for this property is $347,900.

What are key features of this property?

This property features: Fully furnished duplex with a proven short- and mid‑term rental track record; Gross 2025 income: $37,000; gross 2026 income year to date: $18,000; Upper unit: 3 bedrooms and 1 full bath; lower unit: 2 bedrooms and 1 full bath

416 Belvedere Street, Lynchburg, VA 24503

MULTI_FAMILY - Lynchburg, VA

Property Features for 416 Belvedere Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Machine Shop with Included Equipment

Lynchburg Commercial Building with Fenced Yard

Redeveloped Office Building on Fort

Lynchburg Commercial Property For Sale

Historic Beaux Arts Mixed-Use Property

Commercial Building on Timberlake Road

Historic Inn with Event Space

Lynchburg Multifamily Investment Opportunity

Lynchburg Multifamily Investment Opportunity

Office Flex Property with Parking

Multi-Room Office/Retail Building

Versatile Lynchburg Office Space

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