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4-Unit Quadplex with Separate Meters
For Sale
$339,900

3339 W Lynchburg Salem Tpke, Bedford, VA 24523

Four occupied units operate under month-to-month leases with individually metered utilities.

Property Size3,715 SF
Price / SF$91.49
Days on Market20

Property Features for 3339 W Lynchburg Salem Tpke

General Information

Standard status Active
Size 3,715 SF
Property subtype Residential Income
Occupancy 100%

Additional Details

Multifamily Units 4

Amenities

laundry facilities
clothesline
Listing Agency: Wendy Witt Realty Co
Listed By: Wendy Witt
Source: Exprealty
Added: Aug 3 Changed: Aug 20 Last Checked: Aug 21 at 9:09AM

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 Wendy Witt Realty Co

Investment Insights

Based on property information with market context.

This 3,715-square-foot quadplex contains four occupied units, each leased on a month-to-month basis. Three units include laundry facilities in attached utility rooms. The property has vinyl siding, a shingle roof, electric baseboard heat, and window air-conditioning units. A clothesline and ample parking are also provided.

Located at 3339 W Lynchburg Salem Tpke in Bedford, Virginia, the property includes a yard with a wooded rear lot. Utility infrastructure consists of two wells and one septic system, with separate meters serving the units. The combination of four residential units, individual metering, and existing laundry facilities provides a clearly defined configuration for multifamily ownership.

Key Highlights

  • 3,715‑square‑foot quadplex with 4 occupied units
  • Month‑to‑month leases in place across all 4 units
  • Separate meters serve the individual units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Plumbing Service Furniture & Home Goods Kitchen & Bath Showroom Auto Parts Store Auto Repair Shop Department Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 24523, VA

18,992
Population
9,729
Households
2
Avg Household Size
48
Median Age
25%
College-Educated
90%
High-School Grad
229.9 sq mi
ZIP Area
83
Density / Sq Mi
$70,074
Median Household Income
$42,500
Median Earnings
$839
Median Rent
$227,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Four occupied units operate under month-to-month leases with individually metered utilities.
Where is this quadplex located?
The property is located at 3339 W Lynchburg Salem Tpke Bedford, VA.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: 3,715‑square‑foot quadplex with 4 occupied units; Month‑to‑month leases in place across all 4 units; Separate meters serve the individual units
More about this property
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