For sale

$499,900

225 Munford St, Lynchburg, VA 24501

6beds

2,880sqft

$3,132/mo

Get pre-qualified

Multi Family

Built in 2024

-- sqft lot

$-- Zestimate^®

$174/sqft

$-- HOA

What's special

Quartz countertops

Almost Brand New Side by Side Duplex 5 Minutes from Lynchburg General Hospital! This property is a Turn Key investment property in excellent condition and in a convenient location in Lynchburg. Each unit offers 3 Bedrooms, 2.5 Bathrooms, and 1,440 finished square feet. Kitchens feature stainless steel appliances and quartz countertops. Low maintenance attractive Luxury Vinyl Plank flooring throughout the entire home. Ceiling fans in all bedrooms. Private deck overlooking back yard area. Additional storage located in crawl space. Each unit has it's own water meter and electric meter so tenants pay all utility expenses. There is a property line through the building, making this the equivalent of two adjoining end unit townhomes. This also means each side could be sold separately, greatly increasing the value. Great investment opportunity.

38 days

283

21

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 6
Full bathrooms: 4
1/2 bathrooms: 2

Heating

Heat Pump

Cooling

Heat Pump

Appliances

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

Features

Flooring: Other
Has fireplace: Yes

Interior area

Total structure area: 2,880
Total interior livable area: 2,880 sqft

Property

Parking

Parking features: 2 Spaces/Unit, Off Street, Paved Drive
Has uncovered spaces: Yes

Features

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

Lot

Size: 8,015 Square Feet

Details

Foundation area: 0
Parcel number: 00314004

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Drywall, Vinyl Siding

Condition

Year built: 2024

Utilities & green energy

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

Community & HOA

Community

Security: Unit 1 Smoke Alarm, Unit 2 Smoke Alarm
Subdivision: Dearington Park

Location

Region: Lynchburg

Financial & listing details

Price per square foot: $174/sqft
Tax assessed value: $227,000
Annual tax amount: $5,040
Date on market: 7/14/2026
Lease term: 12 Months

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/14/2026	Listed for sale	$499,900$174/sqft
Source: LMLS #367863 Report a problem
3/26/2025	Listing removed	$1,497$1/sqft
Source: Zillow Rentals Report a problem
3/12/2025	Listed for rent	$1,497$1/sqft
Source: Zillow Rentals Report a problem
1/27/2025	Listing removed	$1,497$1/sqft
Source: Zillow Rentals Report a problem
1/3/2025	Listed for rent	$1,497$1/sqft
Source: Zillow Rentals Report a problem
12/4/2024	Listing removed	$1,497$1/sqft
Source: Zillow Rentals Report a problem
10/28/2024	Listed for rent	$1,497$1/sqft
Source: Zillow Rentals Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,907 +1812.9%	$227,000 +1926.8%
2024	$100 +60%	$11,200 +60%
2023	$62 +12.3%	$7,000 +40%
2022	$56	$5,000
2021	$56 +25%	$5,000 +25%
2020	$44	$4,000
2019	$44	$4,000
2018	$44 +300%	$4,000
2017	$11	$4,000
2016	$11	$4,000
2015	$11	$4,000
2014	$11	$4,000
2012	--	$4,000
2011	--	$4,000
2009	--	$4,000
2008	--	$4,000 +33.3%
2007	--	$3,000
2006	--	$3,000
2005	--	$3,000 -9.1%
2004	--	$3,300
2003	--	$3,300 +1.5%
2002	--	$3,250
2001	--	$3,250