840 Old Forest Road
Lynchburg, VA 24501
--
Bed
0
Bath
1,180Sqft
0.14Acre(Lot)
Rare Turnkey Duplex Opportunity on a 0.44-Acre Double Lot: 3 Bed/1 Bath Upstairs + Framed 2 Bed/1 Bath Downstairs! Perfect for house-hackers or investors. The upper level is move-in ready with 3 bedrooms, 1 bath, mini-split HVAC, updated flooring, refrigerator, and in-unit washer/dryer. Enjoy a bright, spacious living room and back deck overlooking Blackwater Creek. Massive Built-In Equity: Walkout lower level is fully framed for a complete 2-bed, 1-bath unit with its own separate electric meter and rough plumbing done. Finish drywall and fixtures to unlock an immediate second rental stream. Conveys two adjacent parcels (840 & 844 Old Forest Rd) totaling ~0.44 acres with off-street parking. Minutes from University of Lynchburg. Sold strictly As-Is; priced for immediate sweat equity!
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Laminate -
Interior Features
Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Baseboard, Space Heater Has Cooling: Yes
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Building Information
Year Built: 1962 Building Area Total: 1180 Private Pool: No
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Lot Information
Lot Size Acres: 0.1443 Lot Size Source: Public Records Lot Size Square Feet: 6286Property Information
Subdivision: West Lynchburg Source Property Type: Residential Income Property SubType: Multi Family Property Age: 64
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Listing Price Information
Listing Price: $185000
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Tax Information
Parcel Number: 01503017 Annual Tax: $1173 Tax Legal Desc: WEST LYNCHBURG, SEC 12, BLK 7,Lot 14 AND WEST LYNCHBURG, SEC 12, BLK 7, PT LOTS 15-18
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Parking Information
Off Street
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School Information
Elementary School: Dearington ElemJunior High School: PL Dunbar MidlSenior High School: E. C. Glass High -
Location Information
Direction: On the south side of Old Forest Road between the traffic circle on Lakeside and Hill Street WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1104 Fillmore Street, Lynchburg, VA, 24501 | $249,900 | -- | -- | 2,795 | 0.15 Acre |
| 1401 Garfield Avenue, Lynchburg, VA, 24501 | $169,000 | -- | -- | 1,718 | 0.09 Acre |
| 2210 Park Place, Lynchburg, VA, 24501 | $179,900 | -- | -- | 1,980 | 0.13 Acre |
| 225 Munford Street, Lynchburg, VA, 24501 | $499,900 | -- | -- | 2,880 | 0.18 Acre |
| 2208 Memorial Avenue, Lynchburg, VA, 24501 | $345,000 | -- | -- | 2,604 | 0.18 Acre |
| 2908 Memorial Avenue, Lynchburg, VA, 24501 | $399,900 | -- | -- | 3,624 | 0.14 Acre |
| 405 Langhorne Lane, Lynchburg, VA, 24501 | $325,000 | -- | -- | 2,596 | 0.29 Acre |
| 2800 Kulman Pl, Lynchburg, VA, 24501 | $279,900 | -- | -- | 1,578 | 0.36 Acre |
| 309 Wyndale Drive, Lynchburg, VA, 24501 | $900,000 | -- | -- | -- | 4.14 Acres |
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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 09/09/2026 @ 18:25
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