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    Lynchburg County, VA Residential Income 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

    $269,900
    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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    Updated Duplex with Basements
    Updated Duplex with Basements

    2800-2802 Kulman, Lynchburg, VA 24501

    $284,900
    1,578 sqft 0.36 AC lot

    Two separate residences feature refreshed interiors, individual metering, and unfinished basement areas for storage or future expansion.

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    Commercial Land with Road Frontage
    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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    5-Unit Apartment Building
    5-Unit Apartment Building

    507 Madison St, Lynchburg, VA 24504

    $395,000
    4,333 sqft

    Two-story multifamily property with finished interior space and an open front porch in Lynchburg.

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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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    Spacious Duplex Property
    Spacious Duplex Property

    1609 Rivermont Ave, Lynchburg, VA 24503

    $349,900
    3,267 sqft

    Two-unit residential income property with substantial living areas and an owner-occupant configuration.

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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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    Seven-Bedroom Duplex
    Seven-Bedroom Duplex

    1609 Rivermont Avenue, Lynchburg, VA 24503

    $349,900
    3,267 sqft 0.18 AC lot

    Two residential units provide flexible living arrangements along Rivermont Avenue near downtown amenities and Randolph College.

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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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    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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    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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    Multifamily Opportunity in Lynchburg, VA
    Multifamily Opportunity in Lynchburg, VA

    309 Wyndale Drive, Lynchburg, VA 24501

    $900,000
    4.14 AC lot

    Multifamily property with development potential for investors and builders.

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    Updated Separately Metered Duplex
    Updated Separately Metered Duplex

    2800 Kulman Pl, Lynchburg, VA 24501

    $284,900
    1,578 sqft

    Two refreshed units feature private unfinished basements and separate utility metering for flexible occupancy or leasing.

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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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    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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    Updated Brick Duplex
    Updated Brick Duplex

    3498 Powhatan Street, Lynchburg, VA 24501

    $179,900

    Two-level layout includes a separate lower suite with its own entrance and full kitchen.

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    Brick Quadplex with Recent Updates
    Brick Quadplex with Recent Updates

    157 Oak Hill Drive, Lynchburg, VA 24502

    Contact for pricing

    Separately metered apartments include washer/dryer hookups, off-street parking, and a varied bedroom mix.

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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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    Lynchburg County, VA Residential Income Properties Market Trends and Statistics

    Explore 25 residential income properties for sale in Lynchburg County, VA, showcased through 25 active listings on our real estate platform. These investment opportunities span a total of 92,251 square feet of properties for sale, with an estimated market value of $11,104,900.

    Sale prices for residential income properties in Lynchburg County, VA start at $164,900, averaging $504,768, 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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