Forest, VA Residential income properties for sale

Updated: Jul 15

Two-Unit Duplex with Updated HVAC

289 Independence Circle, Forest, VA 24551

$285,000

1,850 sqft 0.46 AC lot

Two‑unit duplex with 1,850 square feet on a 0.459‑acre lot
Unit A lease runs through February 1, 2027; Unit B lease runs through September 30, 2026
Established occupants with approximately 24 and 15 years of tenancy
Roof replaced by Cenvar in August 2015
Unit A HVAC replaced in 2018 and Unit B HVAC replaced in 2019

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Updated: Jul 18

Multifamily Property

289 Independence Circle, Forest, VA 24551

$285,000

1,850 sqft

Multifamily property at 289 Independence Circle, Forest, VA 24551
1,850 recorded property size
Built in 1979
Offered for sale

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Forest, 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.

Office-Converted Front with Rear Residence

155 Laxton Road, Lynchburg, VA 24502

$300,000

2,599 sqft 0.62 AC lot

Front office-converted structure with a separate 2-bed home on one lot for live-work or rental flexibility.

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Commercial Land with Road Frontage

2674 Waterlick Road, Lynchburg, VA 24502

$650,000

1,236 sqft 5.59 AC lot

Over 5.5 acres with approximately 325 feet of road frontage on Waterlick Rd, sold as three parcels with AS-IS house.

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Brick Side-by-Side Duplex

85 Deer Creek Drive, Lynchburg, VA 24502

$299,900

1,792 sqft 0.51 AC lot

Two leased residences provide separate utilities, driveways, and main-level living with updated finishes and appliances.

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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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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.

Equestrian Lot with Panoramic Views

Doyles Run, Forest, VA 24551

$179,900

6.44 AC lot

6.44-acre lot with equestrian potential and scenic views.

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Land in Bedford County

1620 Everett, Forest, VA 24551

$249,900

3.00 AC lot

Three-acre lot with road frontage and subdividing potential.

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Lynchburg Land with Development Potential

1147-1147A Stratford Road, Lynchburg, VA 24502

$280,000

9.55 AC lot

9.5 acres near University of Lynchburg with investment potential.

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Goode, VA Land Opportunity

7-8 Cifax Road, Goode, VA 24556

$75,000

2.29 AC lot

2.29 acres of land suitable for residential development.

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Forest, VA Residential Income Properties Market Trends and Statistics

Explore 2 residential income properties for sale in Forest, VA on our real estate platform. These investment opportunities span a total of 3,700 square feet of properties for sale, with an estimated market value of $570,000.

Sale prices for residential income properties in Forest, VA average $285,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
24551	$285K

Neighborhood

Average Price

24551

$285K

Forest, VA Residential Income Properties for Sale

289 Independence Circle, Forest, VA 24551

289 Independence Circle, Forest, VA 24551