Five-Unit Historic Apartment
For Sale
$299,900
720 Court Street, Lynchburg, VA 24504
The brick residence spans three levels and is configured for apartment use, with renovation needed.
Property Size5,395 SF
Price / SF$55.59
Days on Market10
Property Features for 720 Court Street
General Information
Standard status
Active
Size
5,395 SF
Units
Unit Mix
5 x 1BR/1BA
Multifamily Units
5
Additional Details
Road Access
Yes
Building Details
Year Built
1826
Buildings
1
Stories
3
Construction
brick
Listing Agency:
John Stewart Walker, Inc
(434) 385-6655
Listed By:
Kensie W. Johnson · License #0225046787
(434) 941-9749
Source:
Exprealty
Added: Sep 18
Changed: Sep 24
Last Checked: Sep 26 at 7:31AM
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 John Stewart Walker, Inc
Investment Insights
Based on property information with market context.
This three-level brick apartment property contains five units, each with one bedroom and one bathroom. Constructed around 1826, the building requires renovation and is located within the Court House Hill-Downtown Historic District. It received a Merit Award from the Lynchburg Historical Foundation for its architectural and historical significance.
At 720 Court Street, the property occupies the corner of Court and 8th Streets in downtown Lynchburg. The Lynchburg Museum is nearby.
At 720 Court Street, the property occupies the corner of Court and 8th Streets in downtown Lynchburg. The Lynchburg Museum is nearby.
Key Highlights
- Five apartments, each with one bedroom and one bath, across three levels
- Brick property dating to around 1826
- Located in the Court House Hill‑Downtown Historic District
Property Analytics
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Current Use
Lease Details
5
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,337
Businesses Nearby
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Business Placement
Demographics for 24504, VA
9,585
Population
5,206
Households
1.8
Avg Household Size
37
Median Age
24%
College-Educated
88%
High-School Grad
37.5 sq mi
ZIP Area
256
Density / Sq Mi
$50,739
Median Household Income
$34,265
Median Earnings
$998
Median Rent
$183,400
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - The brick residence spans three levels and is configured for apartment use, with renovation needed.
Where is this apartment building located?
The property is located at 720 Court Street Lynchburg, VA.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Five apartments, each with one bedroom and one bath, across three levels; Brick property dating to around 1826; Located in the Court House Hill‑Downtown Historic District
