$139,000
PENDING

Estimated payment $802/month

Total Views 6,976
-- Bed
-- Bath
1,912 Sq Ft
$73 Price per Sq Ft

About This Home

Welcome to 1329 Campbell Avenue, zoned B-5 a delightful up-and-down duplex located in the heart of Lynchburg, Virginia. This well-maintained property features two spacious units, each offering two bedrooms and one bathroom, making it perfect for families or individuals seeking comfortable living spaces. Enjoy the charm of a covered front porch, ideal for relaxing mornings or socializing with neighbors. With a prime location, this duplex is conveniently situated near all the amenities you need, including shopping, dining, and recreational activities. Both units are currently occupied by long-term tenants who have expressed a desire to stay, providing a steady stream of rental income for the next owner. The leases are set to renew in February, ensuring a seamless transition for investors. Don't miss out on this fantastic opportunity to own a duplex in a thriving community! Schedule a showing today and discover the potential this property has to offer.

Listing Agent

Everett Sparrow

Cornerstone Realty Group Inc. License #0225239353 Listed on: 06/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $530

Year Built

  • Built in 1907

Lot Details

  • 5,445 Sq Ft Lot

Home Design

  • 1,912 Sq Ft Home
  • Plaster Walls

Flooring

  • Wood
  • Carpet
  • Laminate

Parking

  • Over 1 Space Per Unit
  • On-Street Parking
  • Off-Street Parking

Schools

  • Rs Payne Elementary School
  • Pl Dunbar Midl Middle School
  • E. C. Glass High School

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Electric Water Heater

Community Details

  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Lease
  • Insurance Expense $850
  • Water Sewer Expense $45
  • New Taxes Expense $550
  • Gross Income $19,000
  • Net Operating Income $17,500

Listing and Financial Details

  • Assessor Parcel Number 02710007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$530

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Directions: GPS 1329 Campbell AVE
  • Internet Providers: Comcast/Xfinity
  • Days On Market: No
  • Prop. Type: Multi-Family
  • Year Built: 1907
  • Garage Yn: No
  • Taxes Expense: 550.00
  • Property Sub-Type: Multi-Family
  • Total Gross Income: 19000.00
  • Unit Info Number Unfurnished Units: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Flooring: Carpet, Laminate, Wood Floors
  • Walls: Drywall, Plaster

Garage/Parking

  • Parking Features: 2 Spaces/Unit, Off Street Parking, On-Street

Utilities

  • Utility Electric: American Electric
  • Cooling: Window Unit(s)
  • Sewer: City
  • Water Heater: Electric
  • Heating: Forced Warm Air-Gas
  • Water Source: City

Fee Information

  • Annual Water Sewer Expense: 45.00

Schools

  • Elementary School: RS Payne Elem
  • High School: E. C. Glass High
  • Middle School: PL Dunbar Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Zoning: B-5
  • Acres: 0.1250
  • Lot Size Sq Ft: 5445.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 02710007

Rental Info

  • Sub Lease: No
  • Types Of Leases: 1 Year Lease
  • Owner Pays: Lawn Care, Sewer, Water
  • Sub Lease Expiration Date: 1800-01-01T00:00:00.000-05:00

Tax Info

  • Estimated Taxes: 530

Multi Family

  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Insurance Expense: 850.00
  • Net Operating Income: 17500.00
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $530 $59,500 $7,500 $52,000
2023 $265 $59,500 $7,500 $52,000
2022 $550 $53,400 $7,500 $45,900
2021 $523 $47,100 $7,500 $39,600
2020 $523 $47,100 $7,500 $39,600
2019 $523 $47,100 $7,500 $39,600
2018 $131 $47,100 $5,000 $42,100
2017 $523 $47,100 $5,000 $42,100
2016 $523 $47,100 $5,000 $42,100
2015 $131 $47,100 $5,000 $42,100
2014 $131 $47,100 $5,000 $42,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Pending -- -- --
08/01/2025 08/01/25 Price Changed $139,000 -6.0% $73 / Sq Ft
07/15/2025 07/15/25 Price Changed $147,900 -6.4% $77 / Sq Ft
06/28/2025 06/28/25 Price Changed $158,000 +99900.0% $83 / Sq Ft
06/27/2025 06/27/25 For Sale $158 -99.7% $0 / Sq Ft
02/01/2022 02/01/22 Sold $62,000 -22.4% $32 / Sq Ft
01/07/2022 01/07/22 Pending -- -- --
07/24/2021 07/24/21 For Sale $79,900 -- $42 / Sq Ft
Source: Lynchburg Association of REALTORS®

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $62,000 Westcor Land Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $46,500 Balloon
Source: Public Records

Source: Lynchburg Association of REALTORS®

MLS Number: 360184

APN: 027-10-007