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Diamond Hill Multifamily Home for Sale

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    $61,500

    • 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

Why Live in Diamond Hill

Diamond Hill is a historic neighborhood in Lynchburg, Virginia, known for its proximity to downtown and rich history dating back to its golden age in the 1890s. The area is preserved by the Diamond Hill Historical Society and features the Diamond Hill Historic District, including the Anne Spencer House & Garden Museum. Residents enjoy a variety of things to do, such as visiting the Lynchburg Community Market, which offers fresh produce and live music on Saturdays, and the Kemper Street Flea Market with its antique items and occasional DJ. Riverfront Park, about a mile away, hosts events like an eight-week concert series, weekly movie nights, and a July Fourth fireworks show. The neighborhood offers renovated two-story bungalows with American Foursquare architecture and larger 1800s Victorian-style homes. Children in Diamond Hill attend schools in the Lynchburg City Public School District, including the highly rated E C Glass High School. For indoor recreation, the Downtown YMCA and Rise Up Climbing gym are popular, while the Diamond Hills Recreation Center provides afterschool programs and outdoor spaces for basketball and playground activities. Dining options on Main Street include RA Bistro, Bootleggers, and the fine dining establishment Shoemakers. Three Roads Brewing offers craft beer with dog-friendly outdoor seating. Residents can buy groceries at F and L Market Grocery store, less than 2 miles away. U.S. Route 29 and public bus services by The Greater Lynchburg Transit Company facilitate easy transportation, with Lynchburg Regional Airport located 6 miles away.

Home Trends in Diamond Hill, VA

Housing Trends

Median Sale Price
$175,000
Median Single Family Sale Price
$153,950
Median Townhouse Sale Price
$189,900
Median 1 Bedroom Sale Price
$229,000
Average Price Per Sq Ft
$110
Number of Homes for Sale
13
Last 12 months Home Sales
41
Months of Supply
3.80
Median List Price
$169,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
22%
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