Two-Story Duplex with
For Sale
$289,900
112 Water Gate Drive, Lynchburg, VA 24502
Two residential units offer matching layouts, individual heat pumps, and conveyed appliances.
Property SizeContact for details
Days on Market138
Property Features for 112 Water Gate Drive
General Information
Standard status
Active
Property subtype
Multi-Family / Multi-Family
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,890
Amenities
Heat Pump
Carpet
No
Disclosure
Vinyl Siding
Building Details
Year Built
1987
Stories
2
Listing Agency:
Century 21 ALL-SERVICE
(434) 665-3373
Listed By:
Franklin Viar · License #0225098711
(434) 665-3373
Source:
Compass
Added: Apr 16
Changed: Aug 29
Last Checked: Aug 31 at 1:37AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 ALL-SERVICE
Investment Insights
Based on property information with market context.
Built in 1987, this two-story duplex contains two separate residential units, each with 2 bedrooms and 1.5 baths. Both sides include a heat pump, and the conveyed appliances add to the existing unit improvements. Vinyl siding is featured on the exterior, while carpet is listed among the interior finishes.
An unfinished basement provides additional storage space and is identified as offering future expansion potential. The property is located at 112 Water Gate Drive in Lynchburg, Virginia, with a configuration suited to residential income ownership or an owner-occupant arrangement.
An unfinished basement provides additional storage space and is identified as offering future expansion potential. The property is located at 112 Water Gate Drive in Lynchburg, Virginia, with a configuration suited to residential income ownership or an owner-occupant arrangement.
Key Highlights
- Two‑story duplex with two residential units
- Each unit includes 2 bedrooms and 1.5 baths
- Unfinished basement for storage or future expansion
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
182
Businesses Nearby
Explore this area
Business Placement
Demographics for 24502, VA
41,058
Population
18,576
Households
2.2
Avg Household Size
36
Median Age
39%
College-Educated
92%
High-School Grad
29.9 sq mi
ZIP Area
1,373
Density / Sq Mi
$66,027
Median Household Income
$35,923
Median Earnings
$1,166
Median Rent
$214,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two residential units offer matching layouts, individual heat pumps, and conveyed appliances.
Where is this duplex located?
The property is located at 112 Water Gate Drive Lynchburg, VA.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two‑story duplex with two residential units; Each unit includes 2 bedrooms and 1.5 baths; Unfinished basement for storage or future expansion
