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Single Duplex Rental Property

289 Independence Circle Forest, VA 24551

New
289 Independence Circle, Forest, VA, 24551
$295,000
For Sale
Claim this Listing
$295,000

MULTI_FAMILY - Forest, VA

Property Size1,850 SF
Lot Size0.46 Acres
Price / SF$159.46
AddedJul 15
Days on Market2
Last RefreshJul 16 at 2:06 am

Property Features for 289 Independence Circle

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1, Bathroom 1, Bedroom 2
Standard status
Active
APN
20A214
Size
1,850 SF
Lot size
0.46 Acres

Taxes and HOA fees

Tax Description
JEFFERSON MANOR LOT 14 BK A SEC 2
Tax Annual Amount
732

Utilities

Heating system
Heat Pump (Heating)
Cooling system
Heat Pump

Building Details

Year built
1979
Number of units
2

Listing agent David Evans License #0225268176

Listing office Mark A. Dalton & Co., Inc. 504 Wyndhurst Dr., Ste. B, Lynchburg, VA

Listing date Jul 15, 2026

MLS# 368048 Listing URL

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.

This duplex rental property at 289 Independence Circle includes two separate units (Unit A and Unit B). Both units are currently leased to long-term tenants, supporting immediate occupancy. Unit A (left side) is leased at $650 per month through February 1, 2027, and the tenant handles grass and leaf maintenance. Unit B (right side) is leased at $700 per month through September 30, 2026.

The exterior and major systems have documented capital improvements. The roof was replaced by Cenvar in August 2015. Unit A HVAC was replaced in 2018 by Jordan Mechanical, and Unit B HVAC was replaced in 2019 by Jordan Mechanical. The septic system was serviced in November 2025, with lines flushed, tank pumped, and the distribution box cleaned, and it was pumped again in April 2026.

With maintenance supported by recent upgrades and ongoing tenant occupancy, this duplex is positioned to function as a straightforward rental asset with two active leases.

Key Highlights

  • Only duplex at 289 Independence Cir in an established single‑family neighborhood in Forest, VA
  • Two‑unit duplex: Unit A leased at $650/month through Feb 1, 2027; tenant handles grass and leaf maintenance
  • Unit B leased at $700/month through Sep 30, 2026

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Parking Lot & Garage Auto Parts Store Kitchen & Bath Showroom Daycare Center Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Duplex with two income-producing units, long-term tenants, and recent HVAC, roof, and septic servicing.
Where is this duplex located?
The property is located at 289 Independence Circle Forest, VA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Only duplex at 289 Independence Cir in an established single‑family neighborhood in Forest, VA; Two‑unit duplex: Unit A leased at $650/month through Feb 1, 2027; tenant handles grass and leaf maintenance; Unit B leased at $700/month through Sep 30, 2026
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