Triplex Income Property
707 Mansfield Avenue Lynchburg, VA 24501
707 Mansfield Avenue, Lynchburg, VA, 24501
$249,900
Pending
For Sale
$249,900
Pending
MULTI_FAMILY - Lynchburg, VA
Property Size3,144 SF
Lot Size0.11 Acres
Days on Market48
Property Features for 707 Mansfield Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R3
- Bedrooms
- 7
- Bathrooms
- 4
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 2, Bedroom 7, Bathroom 2
- Parking features
- Off Street
- Standard status
- Pending
- APN
- 01209004
- Size
- 3,144 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Description
- CENTRAL PARK, BLK 4, LOT 23
- Tax Annual Amount
- 1538
Utilities
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump
Building Details
- Year built
- 1936
- Number of units
- 3
Listing agency
Mark A. Dalton & Co., Inc.
(434) 841-8405
Listed by
Callie Reyes · License #0225273134
(434) 237-6267
Added: Jun 4 Updated: Jun 27 at 9:50PM Checked: Jul 21 at 10:06PM
MLS# 366986
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 for-sale triplex includes three residential units with separate electrical meters. Two units are configured as 2 bed/1 bath, and the third unit is configured as a 4 bed/2 bath. Each unit includes in-unit laundry hook-ups, supporting everyday convenience. Recent improvements include a new roof, new windows, updated flooring, fresh paint, renovated kitchen(s) with appliances, and a renovated bathroom with a tile shower. Four off-street parking spaces are provided for residents.
The property is located at 707 Mansfield Avenue in Lynchburg, Virginia. Public remarks note easy access to shopping, dining, schools, and local amenities.
For prospective owner-occupants or investors, the separate-meter setup and varied unit sizes can support multiple tenant profiles. Recent updates such as roofing, windows, interior finishes, and kitchen and bath renovations may help reduce near-term capital needs compared with a less-updated building. With off-street parking and laundry hook-ups in each unit, the layout is designed for practical day-to-day living across the three units.
The property is located at 707 Mansfield Avenue in Lynchburg, Virginia. Public remarks note easy access to shopping, dining, schools, and local amenities.
For prospective owner-occupants or investors, the separate-meter setup and varied unit sizes can support multiple tenant profiles. Recent updates such as roofing, windows, interior finishes, and kitchen and bath renovations may help reduce near-term capital needs compared with a less-updated building. With off-street parking and laundry hook-ups in each unit, the layout is designed for practical day-to-day living across the three units.
Key Highlights
- Triplex built in 1936 in Lynchburg with 3 separate units and four off‑street parking spaces
- Unit mix: two 2 bed/1 bath units plus one 4 bed/2 bath unit
- Each unit has its own electrical meter
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Three-unit triplex with separate electrical meters and off-street parking in Lynchburg, Virginia.
Where is this triplex located?
The property is located at 707 Mansfield Avenue Lynchburg, VA.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Triplex built in 1936 in Lynchburg with 3 separate units and four off‑street parking spaces; Unit mix: two 2 bed/1 bath units plus one 4 bed/2 bath unit; Each unit has its own electrical meter
