2228 Tulip Street
Lynchburg, VA 24504
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Bed
0
Bath
1,680Sqft
0.12Acre(Lot)
Fully occupied and cash-flowing from day one, this Lynchburg duplex generates a strong $1,700/month ($900 Unit A, $800 Unit B). Unit A is beautifully maintained, while Unit B, located on the second floor for added privacyhas been extensively updated with new kitchen countertops, cabinets, appliances, LVP flooring, fresh paint, a new toilet, and vanity. Separate electric meters for each unit support efficient management, with a single water meter. The property also features brand-new exterior paint, enhancing curb appeal. With stable in-place income and recent improvements, this is a low-maintenance, income-producing asset that's hard to pass up.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Carpet, Vinyl, Wood -
Interior Features
Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Heat Pump, Space Heater Has Cooling: Yes
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Building Information
Year Built: 1917 Building Area Total: 1680 Construction Materials: Vinyl Siding Private Pool: No
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Lot Information
Lot Size Acres: 0.1237 Lot Size Source: Public Records Lot Size Square Feet: 5388Property Information
Subdivision: White Rock Source Property Type: Residential Income Postal Code Plus 4: 2023 Property SubType: Multi Family Property Age: 109
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Listing Price Information
Listing Price: $174900
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Tax Information
Parcel Number: 04707025 Annual Tax: $1070 Tax Legal Desc: DAVIS ADD, BLK D 59, PT LOT F
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Parking Information
On Street, Off Street
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School Information
Elementary School: WM Bass ElemJunior High School: Sandusky MidlSenior High School: Heritage High -
Location Information
Direction: End Of Main St. To R On Buena Vista, L On Tulip St. To House On Left WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 404 Cabell Street, Lynchburg, VA, 24504 | $1,450,000 | -- | -- | 9,737 | 9,737 SqFt |
| 405 Harrison Street, Lynchburg, VA, 24504 | $339,900 | -- | -- | 3,205 | 3,205 SqFt |
| 1018 Rivermont Avenue, Lynchburg, VA, 24504 | $695,000 | -- | -- | 8,493 | 8,493 SqFt |
Similar Multifamily To 2228 Tulip Street
Nearby For Sale
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ByOwner last updated this listing 06/19/2026 @ 01:17
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