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Duplex
For Sale
$119,000

1611 Floyd St, Lynchburg, VA 24501

The property requires updating and previously generated income for its owner.

Property Size2,231 SF
Price / SF$53.34
Days on Market31

Property Features for 1611 Floyd St

General Information

Standard status Active
Size 2,231 SF
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence Needs updating

Additional Details

Multifamily Units 2
Listing Agency: Key to Your Heart Realty
Listed By: Chase Vaden
Source: Exprealty
Added: Sep 28 Changed: Oct 26 Last Checked: Oct 26 at 5:07PM

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 Key to Your Heart Realty

Rey
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Investment Insights

Based on property information with market context.

This 2,231-square-foot duplex is being offered in its current condition and requires updating. It has generated income for a previous owner.

Key Highlights

  • 2,231‑square‑foot duplex
  • Offered in its current condition; updating is needed
  • Previously generated income for a prior owner

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

525
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - The property requires updating and previously generated income for its owner.
Where is this duplex located?
The property is located at 1611 Floyd St Lynchburg, VA.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: 2,231‑square‑foot duplex; Offered in its current condition; updating is needed; Previously generated income for a prior owner
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