3024 Rivermont Avenue
Lynchburg, VA 24503
--
Bed
0
Bath
8,697Sqft
1.14Acres(Lot)
Incredible investment opportunity in the heart of Rivermont! This historic property has been thoughtfully converted into 8 apartments and also includes 726 Riverside Drive with an accessory dwelling unit, bringing the total to 9 income-producing units. The property features updated electrical systems, individual mini-split heating and air-conditioning units, and a strong rental history that makes this an attractive addition to any investment portfolio. A grand foyer entrance welcomes residents with timeless character and charm, while the circular drive and ample off-street parking provide convenience rarely found. Located in one of the area's most desirable neighborhoods, this unique multi-unit property offers the perfect blend of historic appeal and modern updates. Don't miss this e
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Carpet, Ceramic Tile, Concrete, Vinyl, Wood -
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: 1904 Building Area Total: 8697 Construction Materials: Brick, Wood Siding Private Pool: No
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Lot Information
Lot Size Acres: 1.1377 Lot Size Source: Public Records Lot Size Square Feet: 49558Property Information
Subdivision: Boonsboro Rd Commercial Corrid Source Property Type: Residential Income Property SubType: Multi Family Property Age: 122
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Listing Price Information
Listing Price: $749900
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Tax Information
Parcel Number: 04007015 Annual Tax: $5869 Tax Legal Desc: CORNER RIVERMONT & RIVERSIDE
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Parking Information
Off Street, Paved
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School Information
Elementary School: Paul Munro ElemJunior High School: Linkhorne MidlSenior High School: E. C. Glass High -
Location Information
Direction: Rivermont Ave across from Villa Maria. WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1511 Rivermont Avenue, Lynchburg, VA, 24503 | $345,000 | -- | -- | -- | |
| 2525 Rivermont Avenue, Lynchburg, VA, 24503 | $825,000 | -- | -- | 3,900 | 3,900 SqFt |
Similar Multifamily To 3024 Rivermont Avenue
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ByOwner last updated this listing 06/12/2026 @ 22:09
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