Sold for $140,000

$140,000

1221 Tilden Ave, Lynchburg, VA 24501

--beds

3,111sqft

Multi Family

Built in 1905

-- sqft lot

$-- Zestimate^®

$45/sqft

$1,235 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,235/mo

Zestimate^® history

Owner options

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$1,235/mo

Rent Zestimate^®

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$1,235/mo

Rent Zestimate^®

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$875/mo

Est. payment

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$875/mo

Est. payment

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What's special

New roofNew hvac

Discover the potential of this charming Triplex that is ready to cash flow. This Triplex is a great opportunity, whether you're looking to live in one unit and rent out the others to pay your mortgage, or an investor looking for a great investment, 1221 Tilden Avenue is ideally located near schools, shopping, restaurants, and is a property full of possibilities. This Triplex has a new roof, new HVAC, new interior and exterior paint, and updated electrical. Each unit has individual electric meters. Landlord pays water, trash and landscaping. Schedule your showing & don't miss out on this great opportunity!

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 3
Full bathrooms: 3

Heating

Forced Warm Air-Elec

Cooling

Other

Appliances

Included: Electric Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven)
Laundry: Unit 1(Dryer Hookup, Washer Hookup)

Features

Flooring: Wood Floors
Has fireplace: Yes

Interior area

Total structure area: 3,111
Total interior livable area: 3,111 sqft

Property

Parking

Parking features: Off Street

Features

Patio & porch: Unit 1(Porch), Unit 2(Porch)

Lot

Size: 6,878 Square Feet

Details

Foundation area: 0
Parcel number: 02718008
Zoning: B5

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Drywall, Other

Condition

Year built: 1905

Utilities & green energy

Electric: American Electric, Indiv Meter/Electric
Sewer: City
Water: City

Community & HOA

Community

Security: Unit 1 Smoke Alarm, Unit 2 Smoke Alarm
Subdivision: Cotton Hill

Location

Region: Lynchburg

Financial & listing details

Price per square foot: $45/sqft
Tax assessed value: $102,200
Annual tax amount: $580
Date on market: 9/5/2025
Cumulative days on market: 6 days
Lease term: Month To Month

Price history

Date	Event	Price
10/10/2025	Sold	$140,000+0.1%$45/sqft
Source: LMLS #361380 Report a problem
9/11/2025	Pending sale	$139,900$45/sqft
Source: LMLS #361380 Report a problem
9/5/2025	Listed for sale	$139,900+200.9%$45/sqft
Source: LMLS #361380 Report a problem
3/27/2020	Listing removed	$550
Source: Forehand, Inc. Report a problem
3/6/2020	Listed for rent	$550
Source: Forehand, Inc. Report a problem
4/3/2008	Sold	$46,500$15/sqft
Source: LMLS #232389 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$858 +47.9%	$102,200 +56.7%
2024	$580	$65,200
2023	$580 -22.1%	$65,200 -2.8%
2022	$745	$67,100
2021	$745	$67,100
2020	$745	$67,100
2019	$745	$67,100
2018	$745	$67,100
2017	$745	$67,100
2016	$745	$67,100
2015	$745	$67,100
2014	$745	$67,100
2012	--	$67,100
2011	--	$67,100
2009	--	$67,100 +5.2%
2008	--	$63,800 +8.3%
2007	--	$58,900
2006	--	$58,900
2005	--	$58,900 +6.3%
2004	--	$55,400
2003	--	$55,400 +5%
2002	--	$52,750
2001	--	$52,750