Brick Quadplex with Recent
For Sale
Contact for pricing
157 Oak Hill Drive, Lynchburg, VA 24502
Separately metered apartments include washer/dryer hookups, off-street parking, and a varied bedroom mix.
Property SizeContact for details
Days on Market75
Property Features for 157 Oak Hill Drive
General Information
Standard status
Active
Property subtype
Multi-Family
Occupancy
100%
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
2 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units
4
Amenities
off-street parking
washer/dryer hookups
Heat Pump
Building Details
Year Built
1982
Buildings
1
Construction
brick
Listing Agency:
Elite Realty
(434) 337-0530
Listed By:
Luther Maddy · License #0225248916
Source:
Kw
Added: Jun 6
Changed: Aug 18
Last Checked: Aug 18 at 10:44PM
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 Elite Realty
Investment Insights
Based on property information with market context.
This brick quadplex, built in 1982, contains four apartments: two with two bedrooms and one bathroom, plus two with one bedroom and one bathroom. The property is fully occupied, and each apartment has individual water and electric meters. Washer/dryer hookups are provided in every unit, while off-street parking supports resident use. Heat pump systems are also included.
Located at 157 Oak Hill Drive in Lynchburg, the property sits off Leesville Road and benefits from Campbell County taxes. The roof, windows, and gutters were replaced in 2021, providing recent capital improvements to the building envelope. The combination of unit variety, established occupancy, separate utility metering, and updated exterior components creates a straightforward multifamily configuration.
Located at 157 Oak Hill Drive in Lynchburg, the property sits off Leesville Road and benefits from Campbell County taxes. The roof, windows, and gutters were replaced in 2021, providing recent capital improvements to the building envelope. The combination of unit variety, established occupancy, separate utility metering, and updated exterior components creates a straightforward multifamily configuration.
Key Highlights
- Four‑unit brick property with two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
- Fully occupied multifamily asset
- Separate water and electric meters for each apartment
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
75
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?
Quadplex - Separately metered apartments include washer/dryer hookups, off-street parking, and a varied bedroom mix.
Where is this quadplex located?
The property is located at 157 Oak Hill Drive Lynchburg, VA.
What are key features of this property?
This property features: Four‑unit brick property with two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units; Fully occupied multifamily asset; Separate water and electric meters for each apartment
