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Explore Similar Apartments Within 2 Miles of Central Business District, VA

  • /18

    $229,900

    • 1,550 Sq Ft

    2242 Otey St, Lynchburg, VA 24501

    Newly renovated duplex in the heart of Lynchburg! Convenient to Liberty University and downtown, This property offers two, 2BR/1BA units that have been completely renovated. Separate electric meters, one water meter. Both apartments have their own private back patio, central heat and air, as well as their own washer and dryer hook ups. Live in one side and have the other unit pay for your

    Jason Hinds DeWitt Real Estate & Auctions

    2242 Otey St, Lynchburg, VA 24501
  • /42

    $209,900

    • 2,900 Sq Ft

    3535 Powhatan St, Lynchburg, VA 24501

    TRIPLEX--3 two bdrm 1 bath units approx 950 sq ft each, hardwood floors in upper 2 units , vinyl tile floor on lower unit..Upper unit measurements LR18x15, KIt 16x11,Bed 15x12,Bed 13x12 Full bath (both units approx the same) Downstairs unit measurements LR 15x12,Kit 15x7 + 8x7, Bdrm 15x10, Bdrm 14x11 Full bath shower only Range, fridge , washer /dryer comes w/ each unit, 3 newer A.O Smith hot

    Jeff Barker Re/Max 1st Olympic

    3535 Powhatan St, Lynchburg, VA 24501
  • /45

    $299,500

    33 Clifton St, Lynchburg, VA 24501

    Duplex in the city

    Rick Boyer Divine Fog Realty Company LLC

    33 Clifton St, Lynchburg, VA 24501
  • /27

    $199,000

    • 2,220 Sq Ft

    48 Easton Ave, Lynchburg, VA 24503

    Investors Opportunity! Located close to Downtown Lynchburg. Don't miss out!

    Stacy Powell Keller Williams

    48 Easton Ave, Lynchburg, VA 24503
  • /44

    $212,000

    • 1,658 Sq Ft

    2228 Tulip St, Lynchburg, VA 24504

    2228 Tulip Street offers a great investment opportunity in Lynchburg's 24504 area. This duplex features has a 2 year old roof with two units, each with 2 bedrooms and 1 bathroom and each have separate electric meters! The main level Unit A has been recently renovated with LVP flooring throughout, a remodeled kitchen with new appliances, and an updated bathroom with a new washer and dryer. The

    Sterling Stroud Keller Williams

    2228 Tulip St, Lynchburg, VA 24504
  • /37

    $229,900

    • 2,084 Sq Ft

    2244 Memorial Ave, Lynchburg, VA 24501

    Outstanding Investment Opportunity - Minutes from Liberty & University of Lynchburg! This fully vacant duplex offers an ideal setup for both seasoned investors and first-time buyers looking to build equity and generate strong cash flow. With both units move-in ready, you can place tenants at current market rents from day one. This property is perfectly positioned for long-term appreciation,

    Stephen Acree Keller Williams

    2244 Memorial Ave, Lynchburg, VA 24501
  • /14

    $215,000

    • 1,762 Sq Ft

    23 Denver Ave, Lynchburg, VA 24503

    Don't miss out on this unique home! Main level living upstairs, with a basement apartment and mountain views. There are washer and dryer connections upstairs and downstairs, as well as two kitchens. Upstairs is all electric, downstairs has a gas range and gas heater. The garden in front of the house has been lovingly cared for for over 20 years, enjoy flowers year round! Home is being sold As

    Anna Filiaggi Keller Williams

    23 Denver Ave, Lynchburg, VA 24503
  • /27

    $269,900

    • 1,810 Sq Ft

    3501 Fort Ave Unit 17/18, Lynchburg, VA 24501

    Charming and updated townhomes in the heart of Lynchburg! Each unit features 2 spacious bedrooms and 1 full bath, with recent upgrades including fresh paint, new flooring, siding, and windows. Enjoy low-maintenance living with an HOA that covers grounds care, exterior maintenance, water, sewer, and trash. Whether you're looking for an investment or a place to call home, this is a fantastic

    Stacy Powell Keller Williams

    3501 Fort Ave Unit 17/18, Lynchburg, VA 24501
  • /54

    $169,900

    • 2,339 Sq Ft

    714 Madison St, Lynchburg, VA 24504

    Duplex Investment Opportunity - Great Potential! This side-by-side duplex is a fantastic investment opportunity with strong rental potential. Whether you're looking to expand your portfolio or live in one unit while renting out the other, this property offers versatility and value. Each unit offers 3 bedrooms and 1 bathroom with a convenient and functional layout. Duel zoned utilities,

    Cody Smith Keller Williams

    714 Madison St, Lynchburg, VA 24504
  • /55

    $1,790,000

    Unlisted Address

    Unlock the potential of this exceptional real estate portfolio featuring a total of 14 doors, including multi-family, commercial, and single-family homes. With multiple years remaining on the tax abatement program, you'll enjoy higher-than-normal cash flow. Almost all single-family homes have been updated within the last three years but several units present excellent opportunity for further

    Jamey Parks Keller Williams

    Unlisted Address
  • /15

    $380,000

    107 Tyree Ct, Madison Heights, VA 24572

    Great investment opportunity!! Currently great income of $40k+/year and room to grow! Two septic fields, Public water. Schools: Madison Heights Elem, Monelison Middle, Amherst High

    Wendy Witt Wendy Witt Realty Co

    107 Tyree Ct, Madison Heights, VA 24572
  • /16

    $169,900

    • 2,070 Sq Ft

    1305 Campbell Ave, Lynchburg, VA 24501

    Prime downtown Lynchburg duplex with separate electric metersperfect for investors! Both units feature brand-new mini split systems, stylish new vinyl siding, and convenient front and rear off-street parking. Step inside to find fully remodeled interior with new LVP flooring throughout, updated kitchens and bathrooms, and all-new appliances that convey with the sale. The main level unit also has

    Schyler Higgins Cornerstone Realty Group Inc.

    1305 Campbell Ave, Lynchburg, VA 24501
  • /32

    $849,000

    • 3,900 Sq Ft

    2525 Rivermont Ave, Lynchburg, VA 24503

    Early 1900s Victorian Office/Multifamily property located in the heart of Rivermont Ave. Consisting of over 3,900 SF with an unfinished 4th level and small basement for storage. Property is currently being used for professional office space with a private parking lot and great access to Rivermont Ave. Zoning allows the property to continue to be used for office or could be converted to

    Ricky Read Coldwell Banker Commercial Rea

    2525 Rivermont Ave, Lynchburg, VA 24503
  • /22

    $55,000

    • 2,268 Sq Ft

    1711 Floyd St, Lynchburg, VA 24501

    Investor Opportunity in Diamond Hill! This spacious 4-bedroom, 2-bath duplex boasts over 2,200 sq. ft. and is situated in the up-and-coming Diamond Hill neighborhood. Recent upgrades include significant structural enhancements such as opening the crawlspace and adding new footers, beams, and posts for stability. Additional improvements feature newly constructed back concrete steps with a stone

    Teresa Grant Keller Williams

    1711 Floyd St, Lynchburg, VA 24501
  • /21

    $174,000

    • 1,630 Sq Ft

    1014 Buchanan St, Lynchburg, VA 24501

    This 1800's Queen Anne Victorian home has all you need. It has been converted into a duplex. This second floor one bedroom has plenty of closet and storage space. Fully updated ,while keeping the Victorian charm, and has all amenities which includes a large fenced in back yard and a wrap around rocking chair front porch on the main level. Stackable washer and dryer. Comcast Xfinity wireless

    Schyler Higgins Cornerstone Realty Group Inc.

    1014 Buchanan St, Lynchburg, VA 24501

Why Live in Central Business District

Lynchburg’s Central Business District, commonly referred to as Downtown, is a vibrant area that attracts local businesses, college students, and resident artists. The neighborhood has undergone significant revitalization, with renovated roads, gardens, and tree plantings enhancing its appeal. Downtown is close to several colleges, including Liberty University, Sweet Briar College, and the University of Lynchburg, all within 12 miles. Major employers like BWXT Nuclear Operations Group and Centra Lynchburg General Hospital are also nearby. The area is known for its local eateries, such as Depot Grille, Bootleggers, The Water Dog, and 7 Rooftop Bar, which offer a variety of dining experiences. The Virginian Hotel’s William & Henry Steakhouse and Father’s Café and Bakery are also popular spots. Residents often shop for groceries at the Lynchburg Community Market and the Food Lion in Madison Heights. The neighborhood features public art and street paintings, with Art Alley showcasing works by local artists. Housing options include lofts and condos in brick colonial and midcentury modern styles, often converted from old industrial buildings. Recreational spaces include Old City Cemetery, known for its rose gardens and walking paths, and the Rotary Centennial Riverfront Skatepark. Riverfront Park is being remodeled to include a stage for entertainment. E.C. Glass High School, which offers dual enrollment courses, serves the area’s students. Downtown is relatively flat, making it walkable, and is bordered by Route 163 and Route 29, with bus stops on most streets.

Home Trends in Central Business District, VA

Housing Trends

Median Sale Price
$350,000
Median Single Family Sale Price
$264,900
Median Townhouse Sale Price
$435,000
Average Price Per Sq Ft
$311
Number of Homes for Sale
1
Last 12 months Home Sales
4
Months of Supply
3.00
Median List Price
$299,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
175%
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