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Lynchburg, VA Multifamily Homes & Duplexes for Sale

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  • /2

    $299,500

    33 Clifton St, Lynchburg, VA 24501

    Duplex in the city

    Joelle England 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

    $219,500

    • 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

    $239,900

    • 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

    $279,900 Open Sat 12PM - 2PM

    • 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
  • /63

    $235,000

    • 1,839 Sq Ft

    151 Homewood Dr, Lynchburg, VA 24502

    Versatile property! The 5 bed/2.5 bath main house in Campbell Co on .54 acres has a custom electric fireplace in the LR, a large family room, 2 beds/1 bath both upstairs & down, & a bonus ensuite room with an ext entrance~ which can serve as a 5th Br OR office, business, pottery studio~ whatever you want! It also comes with 3 sheds and a chicken coop! New heat pump, water heater, and some

    Susan Murray Epique Realty

    151 Homewood Dr, Lynchburg, VA 24502
  • /8

    $189,900

    • 3,016 Sq Ft

    1111 15th St, Lynchburg, VA 24504

    Great investment for a two-story duplex close to the Downtown Area. Newly renovated with stainless steel kitchen appliances, hardwood flooring and carpet in some of the bedrooms. Each unit is 1,508 SF and feature 2 bedrooms and 2 full baths.

    De'lexis Brown BHHS Dawson Ford Garbee-Forest

    1111 15th St, Lynchburg, VA 24504
  • /24

    $244,900

    • 1,800 Sq Ft

    1609 Shaffer St, Lynchburg, VA 24501

    Attention Investors! Side-by-side duplex available. Tenants pay all utilities. One unit is currently vacant and easy to show!

    Kandise Powell Heart of Virginia Realty

    1609 Shaffer St, 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
  • /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
  • /42

    $1,749,000

    • 18,976 Sq Ft

    2134 Westerly Dr, Lynchburg, VA 24501

    The Miller Home for Girls. First time offering this centrally located property in the Langhorne Rd Commercial Corridor. Just under 19,000 sq ft offering two floors and two separate wings with over 14+ bedrooms/10 bathrooms, commercial Kitchen, cafeteria/dinning room, gym, board room, offices, library/living room. Located on 5 acres. There is also a two car garage on side property towards the

    Martin Donovan Lauren Bell Real Estate, Inc.

    2134 Westerly Dr, Lynchburg, VA 24501
  • /9

    $179,900

    • 1,786 Sq Ft

    2278 Otey St, Lynchburg, VA 24501

    Great Investment Opportunity. This four-unit package includes a multi-family building and a single-family home (2530 Morson Street). Fully rented with long-term tenants in place. Conveniently located near shopping, dining, and major roadways, this property offers steady cash flow and investment potential. Square footage is estimated to be all 4 units. Photos reflect unit #2 at latest vacancy. A

    James Enoch Blackwater Property Management

    2278 Otey St, Lynchburg, VA 24501
  • /22

    $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
  • /19

    $163,000

    • 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
  • /9

    $60,000,000

    • 25,000 Sq Ft

    2595 Waterlick Rd, Lynchburg, VA 24502

    The Epiphany @ Blue Ridge Commons is an exclusive enclave of 240 meticulously designed luxury apartment units that will blend sophistication with comfort. Construction and lease-up soon to begin. This community is strategically priced with a conservative 6% CAP Rate that comes in 5M under market value, positioning experienced investors with a huge upside and built in equity. Conveniently located

    Scottie Booker Divine Fog Realty Company LLC

    2595 Waterlick Rd, Lynchburg, VA 24502
  • /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 Lynchburg

Nestled in the Blue Ridge Mountains along the James River, Lynchburg combines outdoor recreation with rich history and culture. The Blackwater Creek Trail system provides over 30 miles of paths for walking and cycling, while Percival's Island Natural Area lets residents enjoy James River views. Families frequent Amazement Square, an award-winning children's museum, and history buffs explore the Federal-style Point of Honor mansion and the Anne Spencer House & Garden Museum. The Academy Center of the Arts and Riverviews Artspace showcase local cultural talent, while restaurants like Waterstone Pizza and The Water Dog serve creative fare in historic downtown settings.

The Lynchburg housing market features diverse options across distinct neighborhoods. The median single family home price in Boonsboro reaches $500,000, while Rivermont's median sits at $167,700. Forest commands a median of $415,000, and Wyndhurst homes typically sell for $396,000. Townhomes throughout the city have a median price of $275,000, while one bedroom condos start at a median of $224,500.

Living costs run 7.2% below the national average. A family with school-age children needs approximately $98,000 annually to live comfortably, with monthly housing costs around $2,000 and groceries at $1,500. The property tax rate of 0.84% falls between nearby Charlottesville at 0.81% and Roanoke at 1.01%. Public transportation includes the Greater Lynchburg Transit Company bus system and Amtrak service to Northeast corridor cities. Top-rated schools include Forest Elementary and Virginia Episcopal School. Major employers include Liberty University, BWX Technologies, and Genworth Financial, supporting a growing technology and manufacturing sector.

Home Trends in Lynchburg, VA

Housing Trends

Median Sale Price
$262,450
Median Single Family Sale Price
$260,000
Median Townhouse Sale Price
$255,000
Median 2 Bedroom Sale Price
$215,000
Median 1 Bedroom Sale Price
$214,450
Average Price Per Sq Ft
$155
Number of Homes for Sale
203
Last 12 months Home Sales
972
Months of Supply
2.50
Median List Price
$264,949
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
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