Fully Furnished Duplex with Separate Utilities

416 Belvedere Street, Lynchburg, VA 24503

View on Map

New

For Sale

$347,900

MULTI_FAMILY - Lynchburg, VA

Property size:

1,912 SF

Lot size:

0.23 Acres

Price / SF:

$181/SF

HighLights

Fully furnished duplex with a proven short- and mid‑term rental track record
Gross 2025 income: $37,000; gross 2026 income year to date: $18,000
Upper unit: 3 bedrooms and 1 full bath; lower unit: 2 bedrooms and 1 full bath
Separate utilities, each unit has its own laundry, and each unit includes a heat pump
Updates include fresh paint, modern lighting, updated appliances, ring cameras, and a reglazed bath
Year built: 1959

We can help!

Listing Contact

Jimmy L Rufus Jr.

For Sale

$347,900

MULTI_FAMILY - Lynchburg, VA

Property size:

1,912 SF

Lot size:

0.23 Acres

Price / SF:

$181/SF

Added:: Jun 16, 2026
Days on Market:: 1
Last Refresh:: Jun 16 at 5:06 pm

Property Features for 416 Belvedere Street

General Information

Property type: Residential Multi Family
Property subtype: Other
Zoning: R-3
Bedrooms: 5
Bathrooms: 2
Rooms: Bedroom 3, Bedroom 4, Bedroom 2, Bedroom 1, Bathroom 1, Bedroom 5, Bathroom 2
Standard status: Active
APN: 01918061
Size: 1,912 SF
Lot size: 0.23 Acres

Taxes and HOA fees

Tax Description: COLLEGE PARK, BLK C, LOT 12-13

Utilities

Heating system: Heat Pump (Heating)
Cooling system: Heat Pump

Building Details

Year built: 1959
Number of units: 2

We can help!

Listing Contact

Jimmy L Rufus Jr.

Listing agent Jimmy L Rufus Jr. License #0225183489

Listing office eXp Realty LLC-Stafford 800 Coprorate Drive Ste 301, Richmond, VA

Listing date Jun 16, 2026

MLS# 367266 Listing URL

HighLights

Fully furnished duplex with a proven short- and mid‑term rental track record
Gross 2025 income: $37,000; gross 2026 income year to date: $18,000
Upper unit: 3 bedrooms and 1 full bath; lower unit: 2 bedrooms and 1 full bath
Separate utilities, each unit has its own laundry, and each unit includes a heat pump
Updates include fresh paint, modern lighting, updated appliances, ring cameras, and a reglazed bath
Year built: 1959

Overview

This immaculate, furnished duplex is set up as a true two-unit property with independent living arrangements. The upper level features 3 bedrooms and 1 full bath, while the lower level offers 2 bedrooms and 1 full bath. Each unit has its own separate utilities, in-unit laundry, and individual heat pumps. Updates include fresh paint, modern lighting, updated appliances, ring cameras, and a reglazed bath, reflecting consistent upkeep throughout the property.

Located at 416 Belvedere Street in Lynchburg, Virginia, the property is near the hospital. The current layout and tenant profile have historically aligned well with travel nurse demand, supported by a short- and mid-term rental track record.

For buyers seeking a manageable rental structure, the unit-by-unit utility setup and dedicated laundry can simplify operations and tenant experience. Reported gross income is $37,000 for 2025 and $18,000 year to date for 2026, based on the seller’s information. With residential income-focused zoning (R-3) and two distinct floorplans, the duplex offers flexibility for tenant configurations while maintaining a cohesive, updated interior package across both units.

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Location Insight

Map
Local Demand

City: Lynchburg
County: Lynchburg
State: Virginia
Longitude: -79.177323
Latitude: 37.433012

Nearby Similar for Sale

$1,599,000

6,000 SF

Machine Shop with Included Equipment

Fully operational machine shop with machines and business contents included, offering turn-key continuity for an automotive shop operator.

1431 Waterlick Road, Lynchburg, VA 24501

View Details
$399,900

5,134 SF

Lynchburg Commercial Building with Fenced Yard

5134 sq ft flex building with multiple mezzanine levels.

1819 Main Street, Lynchburg, VA 24504

View Details
$995,000

7,675 SF

Redeveloped Office Building on Fort

Three-story office building in high-traffic Lynchburg corridor.

5200 Fort Ave, Lynchburg, VA 24502

View Details
$1,250,000

6,215 SF

Lynchburg Commercial Property For Sale

High-visibility commercial property with flexible zoning and ample parking.

4001 Murray, Lynchburg, VA 24501

View Details
$1,100,000

9,341 SF

Historic Beaux Arts Mixed-Use Property

Unique mixed-use property in downtown Lynchburg, rich in history.

1025 Church Street, Lynchburg, VA 24504

View Details
$599,000

3,900 SF

Commercial Building on Timberlake Road

Commercial building with two rental spaces available for sale.

20936 Timberlake Road, Lynchburg, VA 24502

View Details
$1,450,000

9,737 SF

Historic Inn with Event Space

Boutique inn featuring rental suites and event space.

404 Cabell Street, Lynchburg, VA 24504

View Details
$899,000

6,792 SF

Lynchburg Multifamily Investment Opportunity

Income-producing 8-plex near restaurants, businesses, and local colleges.

1664 Graves Mill Road, Lynchburg, VA 24502

View Details
$899,000

6,792 SF

Lynchburg Multifamily Investment Opportunity

Income-producing 8-plex in high-traffic location with strong rental history.

1664 Graves Mill Road, Lynchburg, VA 24502

View Details
$149,900

919 SF

Office Flex Property with Parking

Well-maintained office-flex building offers versatile zoning and front-and-rear parking for a range of business uses.

196 Oakley Avenue, Lynchburg, VA 24501

View Details
$349,900

3,107 SF

Multi-Room Office/Retail Building

Versatile commercial building with reception area, 11 rooms, attached one-car garage, and front and rear parking—sold as-is.

2317 Lakeside Drive, Lynchburg, VA 24501

View Details
$179,900

2,310 SF

Versatile Lynchburg Office Space

Office space with hardwood floors and convenient parking.

3202 Memorial Avenue, Lynchburg, VA 24501

View Details

For sale
Duplexes
VA
Lynchburg
24503
416 Belvedere Street

What type of property is this?

Duplex - True duplex with separate utilities and laundry in each unit, supporting a short- and mid-term rental history.

Where is this duplex located?

The property is located at 416 Belvedere Street Lynchburg, VA.

What is the asking price?

The asking price for this property is $347,900.

What are key features of this property?

This property features: Fully furnished duplex with a proven short- and mid‑term rental track record; Gross 2025 income: $37,000; gross 2026 income year to date: $18,000; Upper unit: 3 bedrooms and 1 full bath; lower unit: 2 bedrooms and 1 full bath

416 Belvedere Street, Lynchburg, VA 24503

MULTI_FAMILY - Lynchburg, VA

Property Features for 416 Belvedere Street

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Machine Shop with Included Equipment

Lynchburg Commercial Building with Fenced Yard

Redeveloped Office Building on Fort

Lynchburg Commercial Property For Sale

Historic Beaux Arts Mixed-Use Property

Commercial Building on Timberlake Road

Historic Inn with Event Space

Lynchburg Multifamily Investment Opportunity

Lynchburg Multifamily Investment Opportunity

Office Flex Property with Parking

Multi-Room Office/Retail Building

Versatile Lynchburg Office Space

FAQs

Create New Password