Sold for $165,000

$165,000

1513 Polk St, Lynchburg, VA 24504

4beds

2,160sqft

Multi Family

Built in 1855

-- sqft lot

$-- Zestimate^®

$76/sqft

$1,298 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,298/mo

Zestimate^® history

Owner options

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$1,298/mo

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$1,298/mo

Rent Zestimate^®

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$794/mo

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$794/mo

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What's special

Fully renovated bathroomBrand-new gutters and downspouts

This fully leased triplex presents a strong investment opportunity with immediate cash flow in place. The property consists of three units that are all currently occupied. Unit rents are well staggered, offering built-in income diversity and stability. Major capital improvements have already been completed, including a new 20-year architectural shingle roof on both the front and rear sections of the building, along with brand-new gutters and downspouts. The foundation has been professionally addressed with repointing and new footers added in select areas. Unit #3 features a fully renovated bathroom and a new mini-split system installed in 2025, adding modern comfort and efficiency. 100% Leased Unit #1 $510; Unit #2 $685; Unit #3 $750;Gross Rent $1,945. Come check this property out today!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3
Full bathrooms: 3

Appliances

Included: Central Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator)

Features

Flooring: Carpet, Wood Floors
Has fireplace: Yes

Interior area

Total structure area: 2,160
Total interior livable area: 2,160 sqft

Property

Parking

Parking features: Off Street, Paved Drive
Has uncovered spaces: Yes

Lot

Size: 6,359 Square Feet

Details

Foundation area: 0
Parcel number: 02533005

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Other

Condition

Year built: 1855

Utilities & green energy

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

Community & HOA

Location

Region: Lynchburg

Financial & listing details

Price per square foot: $76/sqft
Tax assessed value: $110,400
Annual tax amount: $927
Date on market: 12/30/2025
Cumulative days on market: 27 days

Price history

Date	Event	Price
2/6/2026	Sold	$165,000-8.3%$76/sqft
Source: LMLS #363704 Report a problem
1/26/2026	Pending sale	$179,900$83/sqft
Source: LMLS #363704 Report a problem
12/30/2025	Listed for sale	$179,900+25.3%$83/sqft
Source: LMLS #363704 Report a problem
1/15/2025	Sold	$143,625+10.6%$66/sqft
Source: LMLS #355503 Report a problem
12/13/2024	Pending sale	$129,900$60/sqft
Source: LMLS #355503 Report a problem
11/1/2024	Listed for sale	$129,900$60/sqft
Source: LMLS #355503 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$927 +78.1%	$110,400 +88.7%
2024	$521	$58,500
2023	$521 +11.2%	$58,500 +38.6%
2022	$468	$42,200
2021	$468	$42,200 -29.9%
2020	--	$60,200
2019	--	$60,200 +2.7%
2018	--	$58,600
2017	$488	$58,600
2016	$488	$58,600 +47.2%
2015	$488 +341.7%	$39,800 -36.1%
2014	$110	$62,300
2012	--	$62,300
2011	--	$62,300
2009	--	$62,300 +64.4%
2008	--	$37,900 +10.8%
2007	--	$34,200
2006	--	$34,200
2005	--	$34,200 +101.2%
2004	--	$17,000
2003	--	$17,000 +0.3%
2002	--	$16,950
2001	--	$16,950