Historic Five-Unit Apartment
New
For Sale
$299,900
720 Court Street, Lynchburg, VA 24504
Multi-Family, 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
Residential Multi Family
Property subtype
Other
Zoning
B1
Bedrooms
5
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 4, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 2, Bathroom 1, Bedroom 4, Bedroom 1, Bedroom 5, Bathroom 5
Parking features
On Street
Subdivision
Downtown-Central Business Dist
Elementary school
Paul Munro Elem
Middle school
Linkhorne Midl
High school
E. C. Glass High
Elementary school district
Lynchburg
Middle school district
Lynchburg
High school district
Lynchburg
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
Utilities
Heating system
Natural Gas, Hot Water(Heating)
Cooling system
Window Unit(s)
Building Details
Year built
1826
Number of units
5
Listing Agency:
John Stewart Walker, Inc
(434) 385-6655
Listed By:
Kensie W Johnson · License #0225046787
(434) 941-9749
Added: Sep 18
Last Checked: Sep 19 at 10:06PM
MLS# 369326
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.
Built in 1826, this brick multifamily property contains 5,395 square feet across three levels and is currently arranged as five one-bedroom, one-bath units. The property is positioned for renovation and includes natural gas and hot water heating, window-unit cooling, and on-street parking. Its B1 zoning and compact 0.0535-acre site support the existing multifamily configuration.
The building occupies the corner of Court and 8th Streets at 720 Court Street in Lynchburg. It is within the Court House Hill-Downtown Historic District and sits near the Lynchburg Museum. The property received a Lynchburg Historical Foundation Merit Award recognizing its architectural and historical significance.
The building occupies the corner of Court and 8th Streets at 720 Court Street in Lynchburg. It is within the Court House Hill-Downtown Historic District and sits near the Lynchburg Museum. The property received a Lynchburg Historical Foundation Merit Award recognizing its architectural and historical significance.
Key Highlights
- Five 1‑bedroom, 1‑bath units across three levels
- 5,395 square feet on a 0.0535‑acre lot
- Built in 1826 with brick construction
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 - Brick multifamily property with five one-bedroom units across three levels and renovation needs in downtown Lynchburg.
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 units across three levels; 5,395 square feet on a 0.0535‑acre lot; Built in 1826 with brick construction
