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1511 Rivermont Avenue

Lynchburg, VA 24503
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Bed --

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Bath 0

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Acres0.14

Acre(Lot)

Historic 1916 stucco duplex nestled in Lynchburg's coveted Rivermont Historic District. Both units are occupied and generating $2,390/month in gross rent. Unit 1511 offers 3 bedrooms and 1.5 baths with a long-term tenant at $795/month well below market and primed for upside at lease renewal. Unit 1513 features 3 bedrooms and 1 full bath commanding $1,595/month, reflecting strong demand along this premier corridor. Classic architectural details include a hip roof with slate tile, stucco exterior, hot water heat, and generous covered porch space. Full unfinished basement offers storage or future finishing potential. Tenants handle all lawn care and landscaping, keeping owner responsibilities minimal. Located in the EC Glass High School district, minutes from Randolph College, the James Rive r trail, and downtown Lynchburg. A turnkey investment with immediate income and real room to grow.

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Detail Ic Property Details

Property Type : Residential Income

Price : $345,000

AD Id : 78742543

MLS Id : 366481

Lot Size : 0.14 Acre

Year Built : 1916

County : Lynchburg

Subdivision: Rural Tract (no Subd)

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Feature Features

  • Building Information

    Year Built: 1916 Private Pool: No

  • Lot Information

    Lot Size Acres: 0.1402 Lot Size Source: Public Records Lot Size Square Feet: 6107

    Property Information

    Subdivision: Middle Rivermont Source Property Type: Residential Income Postal Code Plus 4: 1613 Property SubType: Multi Family Property Age: 110

  • Listing Price Information

    Listing Price: $345000

  • Tax Information

    Parcel Number: 02115003 Annual Tax: $2427 Tax Legal Desc: DANIELSVILLE, BLK 41 OR 60

  • School Information

    Elementary School: Bedford Hills Elem
    Junior High School: Linkhorne Midl
    Senior High School: E. C. Glass High
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2525 Rivermont Avenue, Lynchburg, VA, 24503 $825,000 -- -- 3,900 3,900 SqFt
3024 Rivermont Avenue, Lynchburg, VA, 24503 $749,900 -- -- 8,697 8,697 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Lynchburg Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Lynchburg Association of REALTORS®. All Rights Reserved.

ByOwner last updated this listing 06/16/2026 @ 14:04

MLS: 366481 LISTED BY: Michael Cooper, Raven Realty LLC SOURCE: Lynchburg Association of REALTORS

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