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500 Stafford Street

Lynchburg, VA 24501
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Bed --

Bed

Bath 0

Bath

SqFt1,743

Sqft

Acres0.17

Acre(Lot)

Great Price !! Excellent Investment Opportunity !! 3 one bdrm units walking distance to University of Lynchburg.1st floor has a door between the two 1 bdrm apartments which if opened could make a 2 or 3 bdrm mmain level apartment & still have an upstairs unit .New laminate flooring & carpet throughout. New interior paint,3 electric boxes, 3 hot water heaters,2 heat pumps on main level & a mini split in 2nd floor apart.2 car carport area under property. Aluminum siding.Two 1st floor apartments w/1 bdrm,1 bath,LR, Kitchens w/range, refrigerator & microwave (1 apartment has new butcher block countertops),1 second floor apartment w/ 1 bdrm LR,full bath (new sink & shower stall) & kitchen .Full walkout basement w/ laundry area.Shingle roof on main house Rubber roof over rear apartment.Corner l ot.Previously rented for $1535 total .Last rented approx late in 2024.Covered front porch,large concrete patio at rear entry.Seller paid water which averaged 90 per month + grass cutting

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Detail Ic Property Details

Property Type : Residential Income

Price : $187,900

AD Id : 77578466

MLS Id : 365913

Lot Size : 0.17 Acre

Living Area Size : 1,743

Year Built : 1929

County : Lynchburg

Subdivision: Buckingham Place

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Feature Features

  • Flooring Information

    Carpet, Laminate
  • Interior Features

    Appliances: Electric Water Heater Laundry Features: Common Area
  • Heating & Cooling

    Has Heating: Yes Heating: Heat Pump Has Cooling: Yes

  • Building Information

    Year Built: 1929 Building Area Total: 1743 Private Pool: No

  • Lot Information

    Lot Size Acres: 0.1722 Lot Size Source: Public Records Lot Size Square Feet: 7501

    Property Information

    Subdivision: Newberne Source Property Type: Residential Income Postal Code Plus 4: 3553 Property SubType: Multi Family Property Age: 97

  • Listing Price Information

    Listing Price: $187900 Original Price: $219900

  • Tax Information

    Parcel Number: 03107013 Annual Tax: $1326 Tax Legal Desc: WESTOVER HEIGHTS, BLK 44, LOT

  • Parking Information

    On Street, Carport, Off Street, Paved

  • School Information

    Elementary School: Perrymont Elem
    Junior High School: PL Dunbar Midl
    Senior High School: E. C. Glass High
  • Location Information

    Direction: Fort Avenue to Perrymont Avenue to end. Right on Greenwood to right on Newland to home on corner of Newland and Stafford Street. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
707 Mansfield Avenue, Lynchburg, VA, 24501 $249,900 -- -- 3,144 3,144 SqFt
405 Langhorne Lane, Lynchburg, VA, 24501 $325,000 -- -- 2,596 2,596 SqFt
309 Wyndale Drive, Lynchburg, VA, 24501 $900,000 -- -- --

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 06/20/2026 @ 16:19

MLS: 365913 LISTED BY: Jeffrey Barker, Re/Max 1st Olympic SOURCE: Lynchburg Association of REALTORS

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