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For sale
  • $695,000

    1018 Rivermont Ave, Lynchburg, VA 24504

    --beds
    --baths
    8,493sqft
    : 
    $4,309/mo
    Get pre-qualified
    Multi Family
    Built in 1897
    -- sqft lot
    $-- Zestimate®
    $82/sqft
    $-- HOA

    What's special

    Prime Multi-Family Development or Adaptive Reuse Opportunity! Situated at 1018 Rivermont Ave., consisting of approx. 1.5 acres of land near the vibrant downtown district. The site currently features a historic 1897 Revival-style brick church being roughly 8,493 sq. ft. This structure provides an exceptional canvas for an adaptive reuse project, allowing developers to retain historic charm while meeting modern residential needs. Alternatively, a conceptual plan outlines a 1.10 acre portion to be subdivided for a new construction of 14 townhome units. Property benefits from existing R-3 and R-4 multifamily residential zoning providing path for development. This sale includes 1002 & 1006 Randolph St., & 1021 Cabell Street. Excellent visibility, convenient access to urban amenities, and a favorable demographic in the surrounding submarket.
    132 days
    |
    460
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Luke Joseph Dykeman 434-944-3920 lukedykeman@realestatelynchburg.com,

    Coldwell Banker Commercial Rea 434-455-2285

    Source: LMLS,MLS#: 365716MLS LogoOriginating MLS: Lynchburg Board of Realtors

      Facts & features

      Interior

      Interior area
      • Total structure area: 8,493
      • Total interior livable area: 8,493 sqft

      Property

      Lot
      • Size: 1.5 Acres
      Details
      • Foundation area: 0
      • Parcel number: 02305001
      • Zoning: R3 R4

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Brick
      Condition
      • Year built: 1897

      Utilities & green energy

      • Sewer: City
      • Water: City

      Community & HOA

      Community
      • Subdivision: Commercial Misc
      Location
      • Region: Lynchburg

      Financial & listing details

      • Price per square foot: $82/sqft
      • Annual tax amount: $99,999
      • Date on market: 4/10/2026
      • Cumulative days on market: 133 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/10/2026Listed for sale$695,000$82/sqft
        Source: LMLS #365716 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 24504

        Getting around

        40 / 100
        Car-Dependent
        30 / 100
        Some Transit
        60 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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