Newly renovated duplex in the heart of Lynchburg! Convenient to Liberty University and downtown, This property offers two, 2BR/1BA units that have been completely renovated. Separate electric meters, one water meter. Both apartments have their own private back patio, central heat and air, as well as their own washer and dryer hook ups. Live in one side and have the other unit pay for your mortgage!
Pending
Price cut: $5K (5/11)
$204,900
2242 Otey St, Lynchburg, VA 24501
4beds
1,550sqft
:
Get pre-qualified$1,311/mo
Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$132/sqft
$-- HOA
What's special
Private back patioCompletely renovatedCentral heat and air
- 194 days |
- 33 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Jason C. Hinds 434-258-7058 jchinds@msn.com,
DeWitt Real Estate & Auctions 434-239-8684
Source: LMLS,MLS#: 364043
Originating MLS: Lynchburg Board of Realtors
Originating MLS: Lynchburg Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Electric Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
- Laundry: Unit 1(Dryer Hookup, Utility Room, Washer Hookup), Unit 2(Dryer Hookup, Utility Room, Washer Hookup)
Features
- Has fireplace: Yes
Interior area
- Total structure area: 1,550
- Total interior livable area: 1,550 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Unit 1(Porch), Unit 2(Porch)
Lot
- Size: 5,074 Square Feet
Details
- Foundation area: 0
- Parcel number: 05022026
- Zoning: R3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Drywall, Brick, Vinyl Siding
Condition
- Year built: 1900
Utilities & green energy
- Electric: American Electric, Indiv Meter/Electric
- Sewer: City
- Water: City
Community & HOA
Community
- Features: Near Public Transport
- Security: Unit 1 Smoke Alarm, Unit 2 Smoke Alarm
- Subdivision: Fairview Heights
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $132/sqft
- Tax assessed value: $76,700
- Annual tax amount: $582
- Date on market: 1/16/2026
- Cumulative days on market: 195 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2026 | Pending sale | $204,900$132/sqft |
Source:  LMLS #364043 Report a problem | ||
| 5/11/2026 | Price change | $204,900-2.4%$132/sqft |
Source: LMLS #364043 Report a problem | ||
| 4/13/2026 | Price change | $209,900-2.3%$135/sqft |
Source: LMLS #364043 Report a problem | ||
| 3/1/2026 | Price change | $214,900-1.4%$139/sqft |
Source: LMLS #364043 Report a problem | ||
| 2/21/2026 | Price change | $217,900-0.9%$141/sqft |
Source: LMLS #364043 Report a problem | ||
| 1/16/2026 | Listed for sale | $219,900+2.3%$142/sqft |
Source: LMLS #364043 Report a problem | ||
| 12/1/2025 | Listing removed | $214,900$139/sqft |
Source: LMLS #361833 Report a problem | ||
| 11/3/2025 | Price change | $214,900-2.3%$139/sqft |
Source: LMLS #361833 Report a problem | ||
| 10/6/2025 | Price change | $219,900-4.3%$142/sqft |
Source: LMLS #361833 Report a problem | ||
| 9/10/2025 | Listed for sale | $229,900+64.2%$148/sqft |
Source: LMLS #361833 Report a problem | ||
| 2/14/2025 | Sold | $140,000+366.7%$90/sqft |
Source: Public Record Report a problem | ||
| 6/14/2022 | Sold | $30,000$19/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $644 +10.7% | $76,700 +17.3% |
| 2024 | $582 | $65,400 |
| 2023 | $582 -16.9% | $65,400 +3.6% |
| 2022 | $700 | $63,100 |
| 2021 | $700 +2.8% | $63,100 +2.8% |
| 2020 | $682 | $61,400 |
| 2019 | $682 | $61,400 |
| 2018 | $682 +300% | $61,400 |
| 2017 | $170 | $61,400 |
| 2016 | $170 | $61,400 -1.9% |
| 2015 | $170 -1.9% | $62,600 |
| 2014 | $174 | $62,600 |
| 2012 | -- | $62,600 |
| 2011 | -- | $62,600 |
| 2009 | -- | $62,600 +1.3% |
| 2008 | -- | $61,800 +24.1% |
| 2007 | -- | $49,800 |
| 2006 | -- | $49,800 |
| 2005 | -- | $49,800 +241.1% |
| 2004 | -- | $14,600 |
| 2003 | -- | $14,600 +4.3% |
| 2002 | -- | $14,000 |
| 2001 | -- | $14,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 24501
Nearby schools
GreatSchools rating
- 4/10William M. Bass Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 1/10Sandusky Middle SchoolGrades: 6-8Distance: 3 mi
- 2/10Heritage High SchoolGrades: 9-12Distance: 3.8 mi
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- $177,400-- bd1 ba1.5k sqft2248 Otey St, Lynchburg, VA 24501Off Market
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- $76,1002 bd1 ba1k sqft2215 Cobbs St, Lynchburg, VA 24501Off Market
- $77,700-- bd1 ba1k sqft2260 Otey St, Lynchburg, VA 24501Off Market
- $148,0003 bd1 ba1.4k sqft2307 Cobbs St, Lynchburg, VA 24501Sold
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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