Advertise
    Lynchburg, VA
    Residential Income

    Lynchburg, VA Residential Income Properties for Sale

    Notify Me
    List
    Map
    Rustburg, VA Madison Heights, VA Forest, VA Amherst, VA Concord, VA Evington, VA Monroe, VA Spout Spring, VA
    29 properties
    Sort:
    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)
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    2228 Tulip Street, Lynchburg, VA 24504

    View Property Analytics

    • Est. Cap Rate

      8.8%
      Above avg (5.9%)

    • Est. NOI

      $15K
      Annual

    • Price @ 7% Cap

      $208K
      Above asking

    • Property Type

      Duplex
      Built 1917
    View Property Analytics
    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
    View details
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    Office-Converted Front with Rear Residence
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details
    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.

    View details

    Lynchburg, VA Residential Income Properties Market Trends and Statistics

    Explore 72 residential income properties for sale in Lynchburg, VA, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 107,963 square feet of properties for sale, with an estimated market value of $12,233,700.

    Sale prices for residential income properties in Lynchburg, VA start at $164,900, averaging $470,526, 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.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 26
    Duplexes 12
    Apartment buildings 5
    Triplexes 5
    Single family properties 3

    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
    24501 $293.3K
    24503 $436.1K
    24502 $629.6K
    24504 $686.6K

    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%

    Listings Trend

    New vs delisted commercial listings in Lynchburg city

    New Delisted

    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.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Lynchburg, VA

    Popular Categories

    Most Searched ZIP Codes in Lynchburg, VA

    • 24502
    • 24501
    • 24504
    • 24503
    • 24588

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!