Leased Duplex in Residential
289 Independence Circle Forest, VA 24551
New
289 Independence Circle, Forest, VA, 24551
$295,000
For Sale
$295,000
MULTI_FAMILY - Forest, VA
Property Size1,850 SF
Lot Size0.46 Acres
Price / SF$159.46
Days on Market3
Property Features for 289 Independence Circle
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 2, 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 Agency
Mark A. Dalton & Co., Inc.
(434) 841-8405
504 Wyndhurst Dr., Ste. B, Lynchburg, VA
Listed by
David Evans · License #0225268176
(434) 237-6267
Added: Jul 15 Checked: Jul 17 at 9:06 pm
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 leased duplex offers two separate units within a quiet, established single-family neighborhood. The property includes Unit A (left side) and Unit B (right side), each currently occupied by long-term tenants. Unit A is leased at $650 per month through February 1, 2027, and the tenant handles all grass and leaf maintenance. Unit B is leased at $700 per month through September 30, 2026.
Capital improvements include a roof replacement 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 has been serviced with lines flushed, tank pumped, and the distribution box cleaned in November 2025, with additional pumping completed again in April 2026.
The property is being sold as-is.
Capital improvements include a roof replacement 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 has been serviced with lines flushed, tank pumped, and the distribution box cleaned in November 2025, with additional pumping completed again in April 2026.
The property is being sold as-is.
Key Highlights
- Duplex at 289 Independence Cir, Forest, VA
- 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
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FAQs
What type of property is this?
Duplex - Two-unit duplex with long-term tenants and recent roof and HVAC replacements, sold as-is.
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: Duplex at 289 Independence Cir, Forest, VA; 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
