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    Lynchburg, VA
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    Lynchburg, VA Other Residential Income Properties for Sale

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    Rustburg, VA Madison Heights, VA Forest, VA
    Mixed-Use Property in Lynchburg, VA
    $520,000
    4,526 SF

    Mixed-Use Property in Lynchburg, VA

    701-703 5th St, Lynchburg, VA

    Two adjoining buildings with commercial and residential units for sale.

    • Two adjoining buildings with 4 separate units being sold as one offering (2 commercial, 2 residential).
    • Strong rental history with upside potential.
    • Two commercial units, each 1,235sf.
    • 2BR/1BA residential unit (1,235sf).
    • 1BR/1BA residential unit (821sf).
    Updated: Apr 21, 2025
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    Mixed-Use Property with Rental Upside
    $520,000
    1,235 SF

    Mixed-Use Property with Rental Upside

    701 5th St, Lynchburg, VA 24504

    Two adjoining buildings with commercial and residential units for sale.

    • Two adjoining buildings being sold as one offering.
    • Four separate units: two commercial and two residential.
    • Two commercial units are 1,235sf each.
    • One residential unit is 2BR/1BA (1,235sf).
    • Great rental history with upside potential.
    Updated: Apr 2, 2025
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Lynchburg, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Downtown Building in Prime Location
    $425,000
    3,900 SF

    Downtown Building in Prime Location

    Three-story brick building in downtown Staunton, offering versatile redevelopment options.

    5 E FREDERICK ST, Staunton, VA 24401
    View details
    Midtown Charlottesville Condo Near UVA
    $307,000

    Midtown Charlottesville Condo Near UVA

    Effortless urban living near UVA Medical Center and Downtown Mall.

    720 WALKER SQ #1B, Charlottesville, VA 22903
    View details
    Top-Floor Condo with Mountain Views
    $219,500

    Top-Floor Condo with Mountain Views

    Comfortable condo with mountain views, close to amenities.

    1252 VILLA LN #F, Charlottesville, VA 22903
    View details
    Downtown Brick Building in Staunton
    $425,000
    3,900 SF

    Downtown Brick Building in Staunton

    Three-story brick building in downtown Staunton with flexible zoning.

    5 FREDERICK ST E, Staunton, VA 24401
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lynchburg Estate Lot Opportunity
    $399,900
    6.03 Acres

    Lynchburg Estate Lot Opportunity

    Unique estate lot blending privacy and convenience in Lynchburg, Virginia.

    206 Waughs Landing Drive, Lynchburg, VA 24503
    View details
    Lynchburg Land with Development Potential
    $280,000
    9.55 Acres

    Lynchburg Land with Development Potential

    9.5 acres near University of Lynchburg with investment potential.

    1147-1147A Stratford Road, Lynchburg, VA 24502
    View details
    Undeveloped Land in Madison Heights
    $164,000
    12.97 Acres

    Undeveloped Land in Madison Heights

    12.97 acres of undeveloped land zoned for single-family residences.

    0 Cherry Lane, Madison Heights, VA 24572
    View details
    31.9 Acres Buildable Land
    $639,900
    31.94 Acres

    31.9 Acres Buildable Land

    31.9 acres of prime land in Madison Heights, VA.

    Wright Shop Road, Madison Heights, VA 24572
    View details

    Lynchburg, VA Other Residential Income Properties Investment Opportunities Market Analysis

    Explore 2 other residential income properties for sale in Lynchburg, VA on our real estate platform. These investment opportunities span a total of 5,761 square feet of properties for sale, with an estimated market value of $1,040,000.

    Sale prices for other residential income properties in Lynchburg, VA start at $520,000, averaging $520,000, and reaching up to $520,000 — 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

    Multifamily properties 21
    Duplexes 9
    Apartment buildings 6
    Triplexes 4
    Single family properties 2

    Property Size Breakdown

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

    Demographics Overview

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

    High-Yield Neighborhoods for Strategic Investment

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

    Neighborhood Average Price
    24504 $520K

    Taxes & Financing

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

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