One-Story Brick
For Sale
$225,000
1656 Shady Knoll Ave, Bedford, VA 24523
Residential Income, Bedford, VA
Property SizeContact for details
Lot Size0.46 Acres
Days on Market99
Property Features for 1656 Shady Knoll Ave
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking
3
Interior features
Ceiling Fan(s)
Basement
Full
Subdivision
Shady Acres
Elementary school
Bedford
Middle school
Liberty Middle
High school
Liberty High
Directions
From 221 Forest Rd, Left on Shady Knoll Ave, Property is at end of street on the right.
Standard status
Active
APN
177 3 B-T
Lot size
0.46 Acres
Taxes and HOA fees
Tax Annual Amount
603
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Electric (Heating)
Cooling system
Electric, Heat Pump
Water source
Public
Building Details
Year built
1967
Number of units
2
Building materials
Block, Brick, Wood Siding
Listing Agency:
KELLER WILLIAMS REALTY LYNCHBURG
(434) 534-9113
Listed By:
MATTHEW DANIEL TAYLOR
(434) 841-8850
Added: Jul 7
Changed: Oct 8
Last Checked: Oct 13 at 10:06AM
MLS# 929238
Copyright © 2026 Roanoke Valley Association of Realtors. 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.
Built in 1967, this one-story brick duplex contains two one-bedroom, one-bath apartments. Both units have updated kitchen appliances, while one includes granite countertops; ceramic tile has been updated in one bathroom. Each apartment is equipped with central air-conditioning and heating, along with its own thermostat control. Double-pane windows are installed throughout, and most kitchen appliances date from 2023 or newer.
The property includes a full basement with 1344 ft.2, a level yard, and a paved driveway. A roof replacement was completed in 2020. Public water and public sewer serve the property, which is located in Bedford, Virginia. Both apartments are currently rented.
The property includes a full basement with 1344 ft.2, a level yard, and a paved driveway. A roof replacement was completed in 2020. Public water and public sewer serve the property, which is located in Bedford, Virginia. Both apartments are currently rented.
Key Highlights
- Two one‑bedroom, one‑bath apartments, both currently rented
- Full basement with 1344 ft.2 of space
- New roof completed in 2020
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
132
Businesses Nearby
Explore this area
Business Placement
Demographics for 24523, VA
18,992
Population
9,729
Households
2
Avg Household Size
48
Median Age
25%
College-Educated
90%
High-School Grad
229.9 sq mi
ZIP Area
83
Density / Sq Mi
$70,074
Median Household Income
$42,500
Median Earnings
$839
Median Rent
$227,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two rented one-bedroom apartments provide separate central heating and cooling controls, updated kitchens, and a full basement.
Where is this duplex located?
The property is located at 1656 Shady Knoll Ave Bedford, VA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two one‑bedroom, one‑bath apartments, both currently rented; Full basement with 1344 ft.2 of space; New roof completed in 2020
