225 Munford Street Lynchburg, VA 24501
MULTI_FAMILY - Lynchburg, VA
Property Features for 225 Munford Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 6
- Rooms
- Bathroom 1, Bathroom 4, Bedroom 3, Bedroom 5, Bedroom 6, Bathroom 6, Bathroom 2, Bathroom 3, Bedroom 2, Bathroom 5, Bedroom 4, Bedroom 1
- Parking features
- Off Street
- Standard status
- Active
- APN
- 00314004
- Size
- 2,880 SF
- Lot size
- 0.18 Acres
Taxes and HOA fees
- Tax Description
- DEARINGTON, NEW LOT 9, DEARINGTON, NEW LOT 8A
- Tax Annual Amount
- 5040
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump
Building Details
- Year built
- 2024
- Number of units
- 2
Listing agent Matt G Durand License #0225204692 (434) 237-6267
Listing office Mark A. Dalton & Co., Inc. 504 Wyndhurst Dr., Ste. B, Lynchburg, VA (434) 841-8405
Listing date Jul 14, 2026
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.
The property is located at 225 Munford Street in Lynchburg, about five minutes from Lynchburg General Hospital, and is described as being in excellent condition. A property line runs through the building, making the configuration equivalent to two adjoining end unit townhomes. Each unit has its own water meter and electric meter, so tenants are responsible for all utility expenses.
With a compact, residential income configuration and separate utility metering for each side, the duplex is designed to function as two independently metred rental units within one structure.
Key Highlights
- Almost brand new side‑by‑side duplex built in 2024, 5 minutes from Lynchburg General Hospital
- Each unit offers 3 bedrooms, 2.5 bathrooms, and 1,440 finished SF
- Kitchens include stainless steel appliances and quartz countertops
Local Financial Insights For Multifamily LT 5
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 | $39.7k | $13.80 |
| − Vacancy | −$4.1k | −$1.43 |
| EGI | $35.6k | $12.37 |
| − OpEx | −$10.7k | −$3.71 |
| NOI | $24.9k | $8.66 |
