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507 Madison Street

Lynchburg, VA 24504
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Bed --

Bed

Bath 0

Bath

SqFt4,333

Sqft

Acres0.19

Acre(Lot)

Charming 5-plex offering over 4,000 finished sq ft. across 2 stories, with classic architectural character including an open front porch. This property features strong existing income with a low-maintenance setup for investors. A rare opportunity to own a stabilized, income-filled property. Schedule your showing today!

Detail Ic Property Details

Property Type : Residential Income

Price : $395,000

AD Id : 88388149

MLS Id : 368238

Lot Size : 0.19 Acre

Living Area Size : 4,333

Year Built : 1913

County : Lynchburg

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Feature Features

  • Flooring Information

    Vinyl, Wood
  • Heating & Cooling

    Has Heating: Yes Heating: Heat Pump, Space Heater Has Cooling: Yes Cooling: Window Unit(s)

  • Building Information

    Year Built: 1913 Building Area Total: 4333 Construction Materials: Stucco Private Pool: No

  • Lot Information

    Lot Size Acres: 0.1854 Lot Size Source: Public Records Lot Size Square Feet: 8076

    Property Information

    Subdivision: 5th Street Corridor Source Property Type: Residential Income Property SubType: Multi Family Property Age: 113

  • Listing Price Information

    Listing Price: $395000

  • Tax Information

    Parcel Number: 02422007 Annual Tax: $2074 Tax Legal Desc: FEDERAL HILL BLK. 209

  • School Information

    Elementary School: Paul Munro Elem
    Junior High School: Linkhorne Midl
    Senior High School: E. C. Glass High
  • Location Information

    Direction: From Downtown Lynchburg take a left on 5th St and then a left on Madison St. WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2228 Tulip Street, Lynchburg, VA, 24504 $164,900 -- -- 1,680 1,680 SqFt
1018 Rivermont Avenue, Lynchburg, VA, 24504 $695,000 -- -- 8,493 8,493 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 07/25/2026 @ 18:12

MLS: 368238 LISTED BY: Stephen Acree, Keller Williams SOURCE: Lynchburg Association of REALTORS

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