500 Stafford Street Lynchburg, VA 24501
MULTI_FAMILY - Lynchburg, VA
Property size:
1,743 SFLot size:
0.17 AcresPrice / SF:
$114/SF- Added:
- Apr 17, 2026
- Days on Market:
- 14
- Last Refresh:
- Apr 30 at 2:06 pm
Property Features for 500 Stafford Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-2
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 3, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2, Bathroom 1
- Parking features
- On Street, Carport, Off Street
- Standard status
- Active
- APN
- 03107013
- Size
- 1,743 SF
- Lot size
- 0.17 Acres
Taxes and HOA fees
- Tax Description
- WESTOVER HEIGHTS, BLK 44, LOT
- Tax Annual Amount
- 1252
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump
Building Details
- Year built
- 1929
- Number of units
- 3
Listing agent Jeff H Barker License #0225112178 (434) 841-7537
Listing office Re/Max 1st Olympic 20395 Timberlake Road, VA (434) 832-1100
Listing date Apr 17, 2026
MLS# 365913
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.
Overview
Lynchburg Triplex Investment Opportunity
This multifamily property in Lynchburg, Virginia, presents an investment opportunity with three one-bedroom units. The property is within walking distance of the University of Lynchburg. Recent renovations include new laminate flooring and carpet throughout, along with new interior paint. The property features three electric boxes and three hot water heaters. Heating is provided by two heat pumps on the main level and a mini-split system in the second-floor apartment. A two-car garage area is located under the property. The exterior features aluminum siding. The property includes two first-floor apartments, each with one bedroom, one bathroom, a living room, and a kitchen equipped with a range, refrigerator, and microwave. One of the first-floor apartments has new butcher block countertops. The second-floor apartment includes one bedroom, a living room, a full bath with a new sink and shower stall, and a kitchen. A full walkout basement with a laundry area is present. The main house has a shingle roof, while the rear apartment has a rubber roof. The property is situated on a corner lot of approximately 0.1722 acres and includes a covered front porch and a large concrete patio at the rear entry. The seller paid for water, which averaged $90 per month, plus grass cutting. The property was previously rented for a total of $1535 and was last rented approximately late in 2024.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Lynchburg
- County
- Lynchburg
- State
- Virginia
- Longitude
- -79.183241
- Latitude
- 37.394267
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Triplex near University of Lynchburg with recent renovations.
Where is this triplex located?
The property is located at 500 Stafford Street Lynchburg, VA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Investment opportunity with 3 units near the University of Lynchburg.; Potential rental income property (previously rented for $1535 total).; **New laminate flooring, carpet, and interior paint throughout the units.**
