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Multifamily Property
For Sale
$299,900

2311 Rivermont Avenue, Lynchburg, VA 24503

Residential income asset constructed in 1920.

Property Size3,680 SF
Price / SF$81.49
Days on Market47

Property Features for 2311 Rivermont Avenue

General Information

Standard status Active
Size 3,680 SF
Property subtype Multi-Family

Building Details

Year Built 1920
Listing Agency: Keller Williams
Listed By: Karl Miller Realty
Source: Karlmillerrealty
Added: Sep 4 Changed: Oct 16 Last Checked: Oct 19 at 6:43AM

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 Keller Williams

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Investment Insights

Based on property information with market context.

This multifamily property at 2311 Rivermont Avenue in Lynchburg, Virginia, contains 3,680 square feet of building area. Constructed in 1920, the property is classified as a multifamily asset and offered for sale.

Key Highlights

  • 3,680‑square‑foot multifamily property
  • Constructed in 1920
  • Located at 2311 Rivermont Avenue in Lynchburg, VA 24503

Property Analytics

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Location Intelligence

Trade Area within ½ mile

273
Businesses Nearby

Demographics for 24503, VA

19,810
Population
8,755
Households
2.3
Avg Household Size
44
Median Age
59%
College-Educated
96%
High-School Grad
36.7 sq mi
ZIP Area
540
Density / Sq Mi
$92,025
Median Household Income
$46,521
Median Earnings
$972
Median Rent
$320,500
Median Home Value
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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?
Multifamily property - Residential income asset constructed in 1920.
Where is this multifamily property located?
The property is located at 2311 Rivermont Avenue Lynchburg, VA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 3,680‑square‑foot multifamily property; Constructed in 1920; Located at 2311 Rivermont Avenue in Lynchburg, VA 24503
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