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For sale
  • $520,000

    1505 Edley Pl #1509, Lynchburg, VA 24502

    8beds
    --sqft
    : 
    $3,224/mo
    Get pre-qualified
    Multi Family
    Built in 1971
    -- sqft lot
    $509,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    All-brick duplex buildingsSpacious lotUpdated fixturesNew roofsNew appliancesAmple parking for tenants
    Fully occupied investment opportunity featuring two all-brick duplex buildings (4 total units) with numerous recent upgrades. Both buildings offer new roofs and new HVAC systems in every unit. Interiors have been updated with luxury vinyl plank (LVP) flooring, new appliances, recessed (can) lighting, and updated fixtures. The property sits on a spacious lot with ample parking for tenants. The two buildings are being sold together as one offering but are situated on separate parcels: 02914055 & 02914056.
    143 days
    |
    190
    |
    13
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Cheryl Roberts Walton 434-942-4526 cheryl.walton@aol.com,

    NextHome TwoFourFive 434-382-1828

    Source: LMLS,MLS#: 365241MLS LogoOriginating MLS: Lynchburg Board of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Included: Electric Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Dryer, Range/Oven, Refrigerator, Washer), Unit 3(Dryer, Range/Oven, Refrigerator, Washer), Unit 4(Dryer, Range/Oven, Refrigerator, Washer)
      • Laundry: Individual Laundry, Unit 1(Washer Hookup), Unit 2(Dryer Hookup, Washer Hookup), Unit 3(Dryer Hookup, Washer Hookup), Unit 4(Dryer Hookup, Washer Hookup)
      Features
      • Flooring: Vinyl
      • Has fireplace: Yes
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Parking features: Off Street, Parking Lot, Paved Drive
      • Has uncovered spaces: Yes
      Lot
      • Size: 0.62 Acres
      Details
      • Foundation area: 0
      • Parcel number: 02914055
      • Zoning: R2

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Drywall, Brick
      Condition
      • Year built: 1971

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Near Public Transport
      • Security: Unit 1 Smoke Alarm, Unit 2 Smoke Alarm, Unit 3 Smoke Alarm, Unit 4 Smoke Alarm
      • Subdivision: Fort Hill North
      Location
      • Region: Lynchburg

      Financial & listing details

      • Annual tax amount: $3,077
      • Date on market: 3/23/2026
      • Cumulative days on market: 144 days
      • Lease term: 12 Months,Month To Month

        Estimated market value

        $509,100

        $484,000 - $535,000

        $1,059/mo

        Price history

        DateEventPrice
        3/23/2026Listed for sale$520,000
        Source: LMLS #365241 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        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: 24502

        Getting around

        23 / 100
        Car-Dependent
        30 / 100
        Some Transit
        15 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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