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Sold for $255,000
  • $255,000

    1911 Park Ave, Lynchburg, VA 24501

    --beds
    2,220sqft
    Multi Family
    Built in 1990
    -- sqft lot
    $269,800 Zestimate®
    $115/sqft
    $1,055 Estimated rent

    Home value

    $269,800

    $256,000 - $283,000

    $1,055/mo

    Zestimate® history
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    What's special

    Area schoolsLiberty universityElectric rangeCommuter roadsNew roofPublic transportation
    Make this your next investment venture! This two-story duplex maximizes space and functionality. Each unit features 3 bedrooms, 1.5 bathrooms, newer kitchen flooring, paint, windows in both. New roof, too! Kitchens are equipped with an electric range, refrigerator and dishwasher. Leased for $1,295.00 p/mth, Unit A has vinyl flooring throughout while Unit B has vinyl flooring with carpet in the living room and bedrooms and is currently leased for $1,095.00. Photos displayed were taken when vacant. Situated near Miller Park, area schools (including E.C. Glass High School, Liberty University, CVCC and University of Lynchburg), public transportation (just steps away from GLTC stop) and commuter roads- its central location makes the trip to work or school easy. This duplex presents an attractive investment opportunity with promising returns. Whether you're looking to generate passive income or expand your real estate portfolio, this property is primed for success.

    Zillow last checked:

    Listing updated:

    Listed by:

    Robert Dawson 434-841-0890 robertdawsonrealtor@outlook.com,

    BHHS Dawson Ford Garbee,

    De'Lexis Brown 434-420-1047,

    BHHS Dawson Ford Garbee-Forest

    Bought with:

    OUT OF AREA BROKER

    OUT OF AREA BROKER

    Source: LMLS,MLS#: 351091MLS LogoOriginating MLS: Lynchburg Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Electric Water Heater, Unit 1(Dishwasher, Range/Oven, Refrigerator), Unit 2(Dishwasher, Range/Oven, Refrigerator)
    Features
    • Flooring: Carpet Wall to Wall, Vinyl, Unit 2 Carpet
    • Has fireplace: Yes
    Interior area
    • Total structure area: 2,220
    • Total interior livable area: 2,220 sqft

    Property

    Parking
    • Parking features: Off Street, Unpaved Drive
    • Has uncovered spaces: Yes
    Lot
    • Size: 10,044 Square Feet
    Details
    • Foundation area: 0
    • Parcel number: 00338010
    • Zoning: B-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Drywall, Vinyl Siding
    Condition
    • Year built: 1990

    Utilities & green energy

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

    Community & HOA

    Community
    • Features: Near Public Transport
    • Subdivision: Commercial Misc
    Location
    • Region: Lynchburg

    Financial & listing details

    • Price per square foot: $115/sqft
    • Tax assessed value: $223,300
    • Annual tax amount: $1,233
    • Date on market: 6/20/2024
    • Cumulative days on market: 50 days
    • Lease term: 12 Months

    Price history

    DateEventPrice
    6/17/2024Sold$255,000-5.5%$115/sqft
    Source: LMLS #351091 Report a problem
    5/16/2024Pending sale$269,900$122/sqft
    Source: LMLS #351091 Report a problem
    4/3/2024Listed for sale$269,900$122/sqft
    Source: LMLS #351091 Report a problem
    3/26/2024Pending sale$269,900$122/sqft
    Source: LMLS #351091 Report a problem
    3/18/2024Listed for sale$269,900+73%$122/sqft
    Source: LMLS #351091 Report a problem
    7/7/2021Sold$156,000$70/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,876 +3.6%$223,300 +9.7%
    2024$1,811 +46.9%$203,500 +46.9%
    2023$1,233 +19%$138,500 +48.4%
    2022$1,036 $93,300
    2021$1,036 +6.8%$93,300 +6.8%
    2020$970 $87,400
    2019$970 $87,400
    2018$970 $87,400
    2017$970 $87,400
    2016$970 $87,400
    2015$970 $87,400
    2014$970 $87,400
    2012-- $87,400
    2011-- $87,400
    2009-- $87,400 +12.6%
    2008-- $77,600 -22.1%
    2007-- $99,600
    2006-- $99,600
    2005-- $99,600 +40.3%
    2004-- $71,000
    2003-- $71,000
    2002-- $71,000
    2001-- $71,000
    Find assessor info on the county website

    Neighborhood: 24501

    Nearby schools

    GreatSchools rating
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    $269,800
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    +$5,396
    With Zillow Showcase(estimated)
    $275,196