Residential Income Home with 6
1104 Fillmore Street Lynchburg, VA 24501
New
For Sale
$249,900
MULTI_FAMILY - Lynchburg, VA
Property Size2,795 SF
Lot Size0.15 Acres
Price / SF$89.41
Days on Market2
Property Features for 1104 Fillmore Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 01036009
- Size
- 2,795 SF
- Lot size
- 0.15 Acres
Taxes and HOA fees
- Tax Description
- COLLEGE HILL, BLK 1152
Building Details
- Year built
- 1897
Listing Agency:
Keller Williams
(434) 534-9113
Listed By:
Stephen J Acree · License #0225225687
(434) 401-6785
Added: Jul 24
Changed: Jul 25
Last Checked: Jul 25 at 4:06PM
MLS# 368232
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 residential income home includes 6 bedrooms and 3 full baths, and it sits on a lot sized at 0.154 acres. The property size is listed at 2,795 square feet. Public remarks indicate renovations were completed within the past five years, while the home also maintains historic character.
The property is located at 1104 Fillmore Street in Lynchburg, Virginia 24501.
As presented, this is a for-sale residential income opportunity with an established layout and recent renovation work suitable for buyers evaluating income-focused residential strategies.
The property is located at 1104 Fillmore Street in Lynchburg, Virginia 24501.
As presented, this is a for-sale residential income opportunity with an established layout and recent renovation work suitable for buyers evaluating income-focused residential strategies.
Key Highlights
- Built in 1897 with historic character
- 6 bedrooms and 3 full baths
- Under‑acre lot
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.3k | $16.20 |
| − Vacancy | −$4.9k | −$1.77 |
| EGI | $40.3k | $14.43 |
| − OpEx | −$18.2k | −$6.50 |
| NOI | $22.2k | $7.94 |
2,795 SF · lease $16.20/SF/yr · vacancy 10.90% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$317.0K
$277.4K – $369.8K
NOI $22,189 @ 7.0% cap · market cap 8.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$828.0K
$724.5K – $966.0K
NOI $57,957 @ 7.0% cap · market cap 23.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Single-family income property offering 6 bedrooms and 3 full baths on a small lot with renovations completed within the past five years.
Where is this single family property located?
The property is located at 1104 Fillmore Street Lynchburg, VA.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Built in 1897 with historic character; 6 bedrooms and 3 full baths; Under‑acre lot
