1505 Edley Place
Lynchburg, VA 24501
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Bed
0
Bath
0.62Acre(Lot)
Fully occupied investment opportunity featuring two all-brick duplex buildings (4 total units) with numerous recent upgrades. Both buildings offer new roofs and new HVAC systems in every unit. Interiors have been updated with luxury vinyl plank (LVP) flooring, new appliances, recessed (can) lighting, and updated fixtures. The property sits on a spacious lot with ample parking for tenants. The two buildings are being sold together as one offering but are situated on separate parcels: 02914055 & 02914056.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Vinyl -
Interior Features
Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Heat Pump Has Cooling: Yes
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Building Information
Year Built: 1971 Construction Materials: Brick Private Pool: No
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Lot Information
Lot Size Acres: 0.6211 Lot Size Source: Public Records Lot Size Square Feet: 27055Property Information
Subdivision: Fort Hill North Source Property Type: Residential Income Property SubType: Multi Family Property Age: 55
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Listing Price Information
Listing Price: $520000
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Tax Information
Parcel Number: 02914055 Annual Tax: $3077 Tax Legal Desc: Fort Hill Ter, Blk A PT Lot 5-7
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Parking Information
Parking Lot, Off Street, Paved
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School Information
Elementary School: Sheffield ElemJunior High School: PL Dunbar MidlSenior High School: E. C. Glass High -
Location Information
Direction: Fort Avenue to Edley place. Duplexes are in the dead end WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 405 Langhorne Lane, Lynchburg, VA, 24501 | $325,000 | -- | -- | 2,596 | 2,596 SqFt |
| 500 Stafford Street, Lynchburg, VA, 24501 | $187,900 | -- | -- | 1,743 | 1,743 SqFt |
| 309 Wyndale Drive, Lynchburg, VA, 24501 | $900,000 | -- | -- | -- |
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ByOwner last updated this listing 06/10/2026 @ 11:28
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