Search
Historic Five-Unit Apartment Building
New
For Sale
$299,900

720 Court Street, Lynchburg, VA 24504

Commercial/Indust, Lynchburg, VA

Property Size5,395 SF
Lot Size0.05 Acres
Price / SF$55.59
Days on Market2

Property Features for 720 Court Street

General Information

Property type Commercial Sale
Property subtype Other
Subdivision Downtown-Central Business Dist
Directions 5th St to Court St. Located between 7th and 8th street on Court Street in Downtown Lynchburg.
Standard status Active
APN 02435013
Size 5,395 SF
Lot size 0.05 Acres

Taxes and HOA fees

Tax Description COURT HOUSE HILL, BLK 51
Legal Description COURT HOUSE HILL, BLK 51

Building Details

Year built 1826
Listing Agency: John Stewart Walker, Inc
Listed By: Kensie W Johnson · License #0225046787
Added: Sep 18 Last Checked: Sep 19 at 10:06PM
MLS# 369328

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.

Warwick House is a 5,395-square-foot brick multifamily property dating to 1826. The building contains five one-bedroom, one-bath apartments arranged over three levels and is positioned for renovation. Its historic character is reinforced by inclusion in the Court House Hill-Downtown Historic District and recognition from the Lynchburg Historical Foundation with a Merit Award for architectural and historical significance.

The property occupies a 0.0535-acre corner parcel at Court and 8th Streets in Downtown Lynchburg. The Lynchburg Museum is located steps away, placing the building within an established historic and cultural setting. The address is 720 Court Street, Lynchburg, Virginia 24504.

Key Highlights

  • Five 1‑bedroom, 1‑bath apartment units
  • 5,395 square feet across three levels
  • Brick building constructed in 1826

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Warwick House Publishing Publishing House

Suggested Use

Top Pick Dental Office Daycare Center Kitchen & Bath Showroom Electrical Service Locksmith Skin Care Clinic

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

5
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,337
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Brick multifamily property with renovation needs across three levels within the Court House Hill-Downtown Historic District.
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 1‑bedroom, 1‑bath apartment units; 5,395 square feet across three levels; Brick building constructed in 1826
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message