Duplex with Terrace
For Sale
$299,900
2311 Rivermont Avenue, Lynchburg, VA 24503
Multi-Family, Lynchburg, VA
Property Size3,680 SF
Lot Size0.28 Acres
Price / SF$81.49
Days on Market60
Property Features for 2311 Rivermont Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
4
Bathrooms
5
Full bathrooms
4
Half bathrooms
1
Rooms
Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 3, Bedroom 2, Bathroom 3, Bathroom 5, Bedroom 4, Bathroom 2
Parking features
Off Street
Elementary school
Bedford Hills Elem
Middle school
Linkhorne Midl
High school
E. C. Glass High
Elementary school district
Lynchburg
Middle school district
Lynchburg
High school district
Lynchburg
Directions
Rivermont Ave, across from Rivermont Presbyterian, and Riverside Park. Look for our sign. Shown by appointment.
Subdivision
Lynchburg
Standard status
Active
Size
3,680 SF
Lot size
0.28 Acres
Taxes and HOA fees
Tax Description
Rivermont Co: Plan B, BLK 92, LT 11 PT 12
Legal Description
Rivermont Co: Plan B, BLK 92, LT 11 PT 12
Utilities
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Amenities
granite counters
updated cabinets
stainless fridge
custom bookcase
fireplace
private deck
off-street parking
carport
garden space
separate laundry
formal dining room
eat-in kitchen
Building Details
Year built
1920
Number of units
2
Buildings
1
Listing Agency:
Virginia Homes & Land Realty · RE/MAX International
Listed By:
Adam Hopkins · License #0225067228
(434) 444-7136
Added: Sep 2
Changed: Oct 29
Last Checked: Oct 31 at 9:06AM
MLS# 368953
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.
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Investment Insights
Based on property information with market context.
This 3,680-square-foot duplex dates to 1920 and includes five bedrooms and 4.5 bathrooms. Its main and upper levels contain four bedrooms, a family room, sitting room, office, and eat-in kitchen with granite counters, updated cabinetry, stainless refrigerator, and custom bookcase. A one-bedroom apartment on the terrace level has a formal dining room and separate laundry. The property also includes a private deck, off-street parking, a carport, and garden space.
Set on a 0.28-acre parcel along Rivermont Avenue, the property is near Magnolia Foods, Randolph College, Riverside Park, Blackwater Creek trails, shopping, and dining. Zoning is R3.
Set on a 0.28-acre parcel along Rivermont Avenue, the property is near Magnolia Foods, Randolph College, Riverside Park, Blackwater Creek trails, shopping, and dining. Zoning is R3.
Key Highlights
- Five bedrooms and 4.5 bathrooms across the duplex
- 3,680 square feet on a 0.28‑acre parcel
- Terrace‑level one‑bedroom apartment with formal dining room and separate laundry
Property Analytics
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
273
Businesses Nearby
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Business Placement
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
Frequently Asked Questions
What type of property is this?
Duplex - A separate one-bedroom apartment adds a second living arrangement within the property.
Where is this duplex 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: Five bedrooms and 4.5 bathrooms across the duplex; 3,680 square feet on a 0.28‑acre parcel; Terrace‑level one‑bedroom apartment with formal dining room and separate laundry
