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    Lynchburg, VA Multifamily Properties for Sale

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    Rustburg, VA Madison Heights, VA Appomattox, VA
    22 properties
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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
    Lynchburg duplex fully occupied and cash‑flowing, generating $1,650/month ($850 Unit A, $800 Unit B)
    Unit B has been extensively updated with new kitchen countertops and cabinets, appliances, LVP flooring, fresh paint, plus a new toilet and vanity
    Separate electric meters for each unit; single water meter for the property
    Year built 1917 duplex with heat pump heating and cooling plus wall units
    Parking available with both on‑street and off‑street parking
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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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    Historic Inn with Event Space
    Updated: Apr 8
    Historic Inn with Event Space

    404 Cabell Street, Lynchburg, VA 24504

    $1,450,000
    9,737 sqft · 1.25 AC lot
    Boutique Inn with Five Rental Suites and Event Space: Income‑generating potential.
    Three Distinct Living Spaces: Main house, Carriage House, and Studio above garage offer flexible living arrangements.
    Historic Charm with Modern Amenities: Restored original features combined with updated infrastructure.
    Multigenerational Living or Event Hosting: Carriage house with 2BR/2BA, kitchen, and flexible living spaces.
    Two Spacious Primary Suites: Including one on the main level for accessibility.
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    Lynchburg Multifamily Investment Opportunity
    Lynchburg Multifamily Investment Opportunity

    1664 Graves Mill Road, Lynchburg, VA 24502

    $899,000
    6,792 sqft · 0.70 AC lot

    Income-producing 8-plex near restaurants, businesses, and local colleges.

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    Lynchburg Multifamily Investment Opportunity
    Lynchburg Multifamily Investment Opportunity

    1664 Graves Mill Road, Lynchburg, VA 24502

    $899,000
    6,792 sqft · 0.70 AC lot

    Income-producing 8-plex in high-traffic location with strong rental history.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Updated, Fully Furnished Duplex
    Updated, Fully Furnished Duplex

    416 Belvedere Street, Lynchburg, VA 24503

    $347,900
    1,912 sqft · 0.23 AC lot

    Turnkey duplex with separate utilities and laundry, each unit featuring heat pumps and updated interiors.

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

    85 Deer Creek Drive, Lynchburg, VA 24502

    $299,900
    1,792 sqft · 0.51 AC lot

    Move-in ready duplex with two 2-bedroom units, separate meters, and off-street parking for convenient occupancy.

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    Triplex Income Property Opportunity
    Triplex Income Property Opportunity

    707 Mansfield Avenue, Lynchburg, VA 24501

    $249,900
    3,144 sqft · 0.11 AC lot

    Three-unit triplex with separate electrical meters and off-street parking in Lynchburg, Virginia.

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    Lynchburg Triplex Investment Opportunity
    Lynchburg Triplex Investment Opportunity

    500 Stafford Street, Lynchburg, VA 24501

    $187,900
    1,743 sqft · 0.17 AC lot

    Three units near University of Lynchburg, excellent investment potential.

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    Duplex Income Property
    Duplex Income Property

    6000 Igloe Drive, Lynchburg, VA 24502

    $309,900
    2,400 sqft · 0.19 AC lot

    Sturdy two-unit duplex with two bedrooms per unit, offering separate rental income in a college-accessible area.

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    Historic Duplex in Garland Hill
    Historic Duplex in Garland Hill

    405 Harrison Street, Lynchburg, VA 24504

    $339,900
    3,205 sqft · 0.14 AC lot

    Restored 1885 duplex with modern updates and income potential.

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    Lynchburg Multifamily Investment Opportunity
    Lynchburg Multifamily Investment Opportunity

    4327-4337 Sussex, Lynchburg, VA 24502

    $620,000
    0.67 AC lot

    Six-unit portfolio with recent upgrades in prime location.

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    Lynchburg Multifamily Investment Opportunity
    Lynchburg Multifamily Investment Opportunity

    1505-1509 Edley Pl, Lynchburg, VA 24502

    $520,000

    Fully occupied duplex buildings with recent upgrades in Lynchburg, Virginia.

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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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    Mixed-Use Building with Development Potential
    Mixed-Use Building with Development Potential

    1703 Enterprise Dr, Lynchburg, VA

    $1,800,000
    6,278 sqft · 0.14 AC lot

    High-quality mixed-use building with supplemental development potential in desirable location.

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    Three-Park Mobile Home Community
    Three-Park Mobile Home Community

    102 Parkwood Dr, Lynchburg, VA 24588

    $4,300,000

    Portfolio of three mobile home parks featuring park-owned homes, recently serviced septic systems, and mix of well and city water.

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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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    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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    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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    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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    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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    Wyndhurst Residential Investment Property
    Wyndhurst Residential Investment Property

    736 Wyndhurst Dr, Lynchburg, VA 24502

    $295,000
    2,142 sqft

    Two-level residential property with finished basement in Wyndhurst.

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    Corner Lot Automotive & Mixed-Use Property
    Corner Lot Automotive & Mixed-Use Property

    811 5th St, Lynchburg, VA 24504

    $1,500,000
    32,544 sqft

    Leased apartments and a garage workshop with multiple car lifts support flexible uses on a corner lot with long street frontage.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 22 Active Listings in Lynchburg, VA, we suggest to view alternatives - similar 50 Off-Market properties to explore as potential leads.

    Off-Market Properties in Lynchburg, VA

    Consider similar Off-Market properties in Lynchburg, VA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2009 Longwood Rd
    APARTMENT HOUSE (5+ UNITS)

    2009 Longwood Rd, Lynchburg, VA 24503-2217

    $785,000
    Estimated value
    7,084 sqft · 0.60 AC lot
    View details
    300 Mcconville Rd
    APARTMENT HOUSE (5+ UNITS)

    300 Mcconville Rd, Lynchburg, VA 24502-4560

    $2,100,000
    Estimated value
    22,977 sqft · 4.92 AC lot
    View details

    Lynchburg, VA Multifamily Properties Market Trends and Statistics

    Explore 72 multifamily properties for sale in Lynchburg, VA, showcased through 22 active listings on our real estate platform. These investment opportunities span a total of 93,744 square feet of properties for sale, with an estimated market value of $11,402,100.

    Sale prices for multifamily properties in Lynchburg, VA start at $164,900, averaging $633,450, and reaching up to $1,800,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 10
    Apartment buildings 5
    Triplexes 4
    Mobile home & RV parks 1
    Quadplexes 1

    Demographics Overview

    Population 103K
    Population Growth (5Y) -3.8%
    Median Household Income $64,253
    College Educated 25.7%

    High-Yield Neighborhoods for Investment

    Identify Lynchburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Lynchburg $569.5K
    Rustburg $4.3M

    Taxes & Financing

    Tax Rate (average for all types) 0.82%
    Property Tax per SF $9.77 per SF
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lynchburg city

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Lynchburg fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Lynchburg, VA

    • 24502
    • 24504
    • 24501
    • 24503
    • 24588

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