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    Lynchburg County, VA Multifamily Properties for Sale

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    Duplex With Separate Electric Meters
    Updated: Apr 10
    Duplex With Separate Electric Meters

    2228 Tulip Street, Lynchburg, VA 24504

    $164,900
    1,680 sqft 0.12 AC lot
    0.1237‑acre lot with 1,680 SF and built in 1917
    Separate electric meters for each unit with a single water meter
    Unit B (second floor) updates include new kitchen countertops, cabinets, appliances, LVP flooring, paint, and new toilet and vanity
    Brand‑new exterior paint
    Heating includes heat pump (heating) and space heater; cooling includes heat pump and wall unit(s)
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    This listing looks promising.

    Here's a quick look at some key insights for

    2228 Tulip Street, Lynchburg, VA 24504

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    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $15K
      Annual

    • Price @ 7% Cap

      $208K
      Above asking

    • Property Type

      Duplex
      Built 1917
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    Lynchburg Multifamily Investment Opportunity
    Updated: Apr 9
    Lynchburg Multifamily Investment Opportunity

    1664 Graves Mill Road, Lynchburg, VA 24502

    $899,000
    6,792 sqft 0.70 AC lot
    Income‑producing 8‑plex generating $7,700 monthly
    Prime location on Graves Mill Road with high traffic
    Each unit features a desirable 2‑bedroom, 1‑bath layout
    Strong rental history and consistent tenant demand
    Located in a thriving commercial area with long‑term upside potential
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    8-Plex Apartment Building
    8-Plex Apartment Building

    1664 Graves Mill Road, Lynchburg, VA 24502

    $899,000
    6,792 sqft 0.70 AC lot

    Income-producing 8-plex on 0.7007-acre lot with eight 2-bedroom, 1-bath units and heat pump heating and cooling.

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    Five-Plex Apartment Building with Porch
    Five-Plex Apartment Building with Porch

    507 Madison Street, Lynchburg, VA 24504

    $395,000
    4,333 sqft 0.19 AC lot

    Five-plex apartment building with an open front porch and heat pump HVAC plus window units for cooling.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Income-Producing 8-Plex Apartment Building
    Income-Producing 8-Plex Apartment Building

    1664 Graves Mill Rd, Lynchburg, VA 24502

    $899,000
    6,792 sqft

    Eight residential units generate monthly income with consistent 2-bedroom, 1-bath layouts for tenant-ready living.

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    Duplex with Off-Street Parking
    Duplex with Off-Street Parking

    50-52 Village Road, Lynchburg, VA 24502

    $279,900
    1,820 sqft 0.37 AC lot

    Two-unit property with heat pump systems, off-street parking, and R-1 zoning.

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    All-Brick Side-by-Side Duplex with Two Units
    All-Brick Side-by-Side Duplex with Two Units

    85 Deer Creek Drive, Lynchburg, VA 24502

    $299,900
    1,792 sqft 0.51 AC lot

    Turnkey side-by-side duplex with two 2-bedroom, 1-bath units, separate electric meters, and off-street parking.

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    Side-by-Side Duplex
    Side-by-Side Duplex

    225 Munford Street, Lynchburg, VA 24501

    $499,900
    2,880 sqft 0.18 AC lot

    Side-by-side duplex built in 2024 with separate water and electric meters for each unit and private decks.

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    Three-Unit Apartment Building Near University
    Three-Unit Apartment Building Near University

    405 Langhorne Lane, Lynchburg, VA 24501

    $325,000
    2,596 sqft

    Three-unit apartment building near University of Lynchburg, great investment opportunity.

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    Duplex with Two Kitchen Areas
    Duplex with Two Kitchen Areas

    1401 Garfield Avenue, Lynchburg, VA 24501

    $169,000
    1,718 sqft 0.09 AC lot

    Duplex on a small lot with two kitchen areas, heat pump HVAC, and four bedrooms for flexible living or leasing.

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    Duplex with Two Separate Units
    Duplex with Two Separate Units

    6000 Igloe Drive, Lynchburg, VA 24502

    $309,900
    2,400 sqft 0.19 AC lot

    Duplex built in 1996 offering two separately rented two-bedroom units per building.

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    Two-Unit Duplex Investment
    Two-Unit Duplex Investment

    6000 Igloe Drive, Lynchburg, VA 24502

    $309,900
    2,400 sqft

    Duplex with two separately rented two-bedroom units, offering straightforward multi-tenant ownership.

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    Triplex with Corner Lot Potential
    Triplex with Corner Lot Potential

    500 Stafford Street, Lynchburg, VA 24501

    $187,900
    1,743 sqft 0.17 AC lot

    Triplex in R-2 zoning on a corner lot with three one-bedroom units, walkout basement, and carport parking.

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    All-Brick Side-by-Side Duplex
    All-Brick Side-by-Side Duplex

    85 Deer Creek Drive, Lynchburg, VA 24502

    $299,900
    1,792 sqft

    Turnkey, move-in ready duplex with two 2-bedroom units, separate utilities, and included appliances.

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    Fully Furnished Duplex
    Fully Furnished Duplex

    416 Belvedere Street, Lynchburg, VA 24503

    $347,900
    1,912 sqft 0.23 AC lot

    R-3 zoned duplex on a small lot with separate utilities, in-unit laundry, and individual heat pumps for each unit.

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    Triplex with 2-Bed and 4-Bed Units
    Triplex with 2-Bed and 4-Bed Units

    707 Mansfield Avenue, Lynchburg, VA 24501

    $249,900
    3,144 sqft 0.11 AC lot

    Triplex with two 2-bed/1-bath units and one 4-bed/2-bath unit, each with its own electric meter.

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    Updated Duplex With Separate Electric Meters
    Updated Duplex With Separate Electric Meters

    2228 Tulip St, Lynchburg, VA 24504

    $164,900
    1,680 sqft

    Fully occupied duplex with refreshed finishes, individually metered electricity, and 1,680 square feet of living area.

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    Victorian Office/Multifamily Property on Rivermont
    Victorian Office/Multifamily Property on Rivermont

    2525 Rivermont Ave., Lynchburg, VA 24503

    $825,000
    3 sqft

    Early 1900s Victorian property in the heart of Rivermont Avenue.

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    Mixed-Use Fully Leased Investment
    Mixed-Use Fully Leased Investment

    2908 Memorial Ave, Lynchburg, VA 24501

    $415,000
    3,624 sqft

    Two commercial units and four one-bedroom apartments are fully leased in this mixed-use property.

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    Historic Brick Church with Development Potential
    Historic Brick Church with Development Potential

    1018 Rivermont Avenue, Lynchburg, VA 24504

    Contact for pricing
    8,493 sqft 1.50 AC lot

    Historic 1897 brick church on 1.5 acres with R-3 and R-4 zoning for multifamily redevelopment options.

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    Fully Furnished Duplex Income Property
    Fully Furnished Duplex Income Property

    416 Belvedere Street, Lynchburg, VA 24503

    $347,900
    1,912 sqft

    Immaculate, fully furnished duplex with separate utilities, in-unit laundry, and updated interiors in each unit.

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    Residential Triplex for Sale
    Residential Triplex for Sale

    707 Mansfield Avenue, Lynchburg, VA 24501

    $249,900
    3,144 sqft

    Triplex with three separate units, including individual electrical meters and off-street parking.

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    Wyndhurst Residential Investment Property
    Wyndhurst Residential Investment Property

    736 Wyndhurst Dr, Lynchburg, VA 24502

    Contact for pricing
    2,142 sqft

    Two-level residential property with finished basement in Wyndhurst.

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    Historic Duplex in Rivermont District
    Historic Duplex in Rivermont District

    1511 Rivermont Avenue, Lynchburg, VA 24503

    $345,000

    1916 stucco duplex in Lynchburg's Rivermont Historic District.

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    Lynchburg County, VA Multifamily Properties Market Trends and Statistics

    Explore 26 multifamily properties for sale in Lynchburg County, VA, showcased through 26 active listings on our real estate platform. These investment opportunities span a total of 104,128 square feet of properties for sale, with an estimated market value of $10,383,700.

    Sale prices for multifamily properties in Lynchburg County, VA start at $164,900, averaging $451,465, and reaching up to $1,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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