1664 Graves Mill Road
Lynchburg, VA 24502
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Bed
0
Bath
6,792Sqft
0.70Acre(Lot)
Don't miss this income-producing 8-plex (16 bedrooms/ 8 baths) ideally located in a high-traffic corridor on Graves Mill Road, surrounded by established restaurants, businesses, and everyday conveniences. This prime location offers easy access to the expressway, airport, and local colleges, making it highly desirable for tenants. Each of the eight units features 2 bedrooms and 1 full bath, offering a functional and in-demand layout. The property is shown by appointment only. Do Not go to the property, or approach tenants. A bank letter or proof of funds will need to be provided prior to making an appointment. With a monthly income of $7,700, this property presents a solid return with room for future growth. Its strong rental history, excellent location, and consistent demand make it a grea
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Carpet, 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: 1970 Building Area Total: 6792 Construction Materials: Brick Private Pool: No
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Lot Information
Lot Size Acres: 0.7007 Lot Size Source: Public Records Lot Size Square Feet: 30522
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Listing Price Information
Listing Price: $899000
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Tax Information
Parcel Number: 24013005 Annual Tax: $5000 Tax Legal Desc: GEORGE L JONES, LOT 4 & PT LOT 5
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School Information
Elementary School: Sandusky ElemJunior High School: Sandusky MidlSenior High School: Heritage High -
Location Information
Direction: please use GPS. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 4519 Alabama Avenue, Lynchburg, VA, 24502 | $269,900 | -- | -- | 1,607 | 1,607 SqFt |
| 6000 Igloe Drive, Lynchburg, VA, 24502 | $309,900 | -- | -- | 2,400 | 2,400 SqFt |
| 157 Oak Hill Drive, Lynchburg, VA, 24502 | $375,000 | -- | -- | 2,514 | 2,514 SqFt |
| 85 Deer Creek Drive, Lynchburg, VA, 24502 | $324,900 | -- | -- | 1,792 | 1,792 SqFt |
| 2595 Waterlick Road, Lynchburg, VA, 24502 | $55,000,000 | -- | -- | 25,000 | 25,000 SqFt |
Similar Multifamily To 1664 Graves Mill Road
Nearby For Sale
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 06/10/2026 @ 06:42
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