$499,900

Estimated payment $3,165/month

Total Views 1,032
-- Beds
-- Baths
2,880 Sq Ft
$174 Price per Sq Ft

About This Home

Almost Brand New Side by Side Duplex 5 Minutes from Lynchburg General Hospital! This property is a Turn Key investment property in excellent condition and in a convenient location in Lynchburg. Each unit offers 3 Bedrooms, 2.5 Bathrooms, and 1,440 finished square feet. Kitchens feature stainless steel appliances and quartz countertops. Low maintenance attractive Luxury Vinyl Plank flooring throughout the entire home. Ceiling fans in all bedrooms. Private deck overlooking back yard area. Additional storage located in crawl space. Each unit has it's own water meter and electric meter so tenants pay all utility expenses. There is a property line through the building, making this the equivalent of two adjoining end unit townhomes. This also means each side could be sold separately, greatly increasing the value. Great investment opportunity.

Listing Agent

Matthew Durand

Mark A. Dalton & Co., Inc. License #0225204692 Listed on: 07/14/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,040

Year Built

  • Built in 2024

Lot Details

  • 8,015 Sq Ft Lot

Home Design

  • 2,880 Sq Ft Home

Parking

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

Schools

  • Dearington Elementary School
  • Linkhorne Midl Middle School
  • E. C. Glass High School

Utilities

  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 00314004

Community Details

Overview

  • Dearington Park Subdivision

Building Details

  • 2 Separate Water Meters
  • Net Lease
  • Insurance Expense $819
  • New Taxes Expense $5,040
  • Gross Income $36,828

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,040

Year Built

Built in 2024

Lot Details

8,015 Sq Ft Lot

Listing Details

  • Directions: Langhorne Rd to Third St. to Left on Munford St.
  • Internet Providers: Comcast/Xfinity
  • Days On Market: Yes
  • Prop. Type: Multi-Family
  • Year Built: 2024
  • Garage Yn: No
  • Taxes Expense: 5040.00
  • Property Sub-Type: Multi-Family
  • Total Gross Income: 36828.00
  • Subdivision Name: Dearington Park
  • Unit Info Number Unfurnished Units: 2
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Flooring: Other
  • Walls: Drywall

Garage/Parking

  • Parking Features: 2 Spaces/Unit, Off Street Parking, Paved Drive

Utilities

  • Utility Electric: American Electric
  • Cooling: Heat Pump
  • Sewer: City
  • Water Heater: Electric
  • Heating: Heat Pump
  • Water Source: City

Schools

  • Elementary School: Dearington Elem
  • High School: E. C. Glass High
  • Middle School: Linkhorne Midl
  • Junior High Dist: Lynchburg

Lot Info

  • Acres: 0.1840
  • Lot Size Sq Ft: 8015.00
  • ResoLotSizeUnits: Acres
  • Parcel Number: 00314004

Rental Info

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

Tax Info

  • Estimated Taxes: 5040

Multi Family

  • Number Of Units Total: 2
  • Existing Lease Type: Net
  • Insurance Expense: 819.00
  • Number Of Separate Water Meters: 2

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/14/2026 07/14/26 For Sale $499,900 -- $174 / Sq Ft
Source: Lynchburg Association of REALTORS®

Source: Lynchburg Association of REALTORS®

MLS Number: 367863

Your Personal Tour Guide

Ask me questions while you tour the home.