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Sold for $297,500
  • $297,500

    2461 Rivermont Ave, Lynchburg, VA 24503

    5beds
    3,072sqft
    Multi Family
    Built in 1907
    -- sqft lot
    $-- Zestimate®
    $97/sqft
    $2,110 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $2,110/mo

    Zestimate® history
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    What's special

    Three separate units
    Turn key triplex on Rivermont Ave ready for immediate rental income. 2461 Rivermont Ave offers a strong investment opportunity with three separate units, ideal for investors looking for cash flow or an easy addition to their portfolio. Situated in a prime location, this property is just minutes from shopping, restaurants, and downtown Lynchburg. Convenient access to bus stops and Liberty University makes it highly appealing for tenants and helps support consistent rental demand. Whether you are looking to fully lease it out or live in one unit while renting the others, this property offers flexibility, convenience, and solid income potential in one of the area's most sought after locations.

    Zillow last checked:

    Listing updated:

    Listed by:

    Noah Kessler 757-995-5704 noah@kesslerrealtyva.com,

    Keller Williams

    Bought with:

    OUT OF AREA BROKER

    OUT OF AREA BROKER

    Source: LMLS,MLS#: 365383MLS LogoOriginating MLS: Lynchburg Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Unit 1(Dishwasher, Range/Oven, Refrigerator), Unit 2(Dishwasher, Range/Oven, Refrigerator), Unit 3(Dishwasher, Range/Oven, Refrigerator)
    Features
    • Flooring: Ceramic Tile, Wood Floors
    • Has fireplace: Yes
    Interior area
    • Total structure area: 3,072
    • Total interior livable area: 3,072 sqft

    Property

    Parking
    • Parking features: Off Street, Parking Lot
    Lot
    • Size: 0.27 Acres
    Details
    • Foundation area: 0
    • Parcel number: 02017019
    • Special conditions: Historical District

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Drywall, Plaster, Wood Siding
    Condition
    • Year built: 1907

    Utilities & green energy

    • Electric: Indiv Meter/Electric
    • Gas: Individual Meter/Gas
    • Sewer: City
    • Water: City, Indiv Meter/Water

    Community & HOA

    Community
    • Subdivision: Upper Rivermont Ave Hist Dist
    Location
    • Region: Lynchburg

    Financial & listing details

    • Price per square foot: $97/sqft
    • Tax assessed value: $357,500
    • Annual tax amount: $2,424
    • Date on market: 3/27/2026
    • Cumulative days on market: 26 days
    • Lease term: Other

    Price history

    DateEventPrice
    5/20/2026Sold$297,500-9.2%$97/sqft
    Source: LMLS #365383 Report a problem
    4/22/2026Pending sale$327,500$107/sqft
    Source: LMLS #365383 Report a problem
    4/17/2026Price change$327,500-2.2%$107/sqft
    Source: LMLS #365383 Report a problem
    3/27/2026Listed for sale$334,900+4.7%$109/sqft
    Source: LMLS #365383 Report a problem
    7/22/2025Listing removed$1,295
    Source: Zillow Rentals Report a problem
    7/2/2025Listed for rent$1,295
    Source: Zillow Rentals Report a problem
    4/17/2025Listing removed$1,295
    Source: Zillow Rentals Report a problem
    3/8/2025Listed for rent$1,295-12.2%
    Source: Zillow Rentals Report a problem
    2/28/2025Listing removed$1,475
    Source: Zillow Rentals Report a problem
    1/10/2025Listed for rent$1,475
    Source: Zillow Rentals Report a problem
    12/6/2024Listing removed$1,475
    Source: Zillow Rentals Report a problem
    9/5/2024Listed for rent$1,475-1.7%
    Source: Zillow Rentals Report a problem
    12/5/2023Listing removed--
    Source: Zillow Rentals Report a problem
    9/8/2023Listed for rent$1,500
    Source: Zillow Rentals Report a problem
    9/1/2023Sold$320,000-8.3%$104/sqft
    Source: LMLS #345133 Report a problem
    7/21/2023Pending sale$349,000$114/sqft
    Source: LMLS #345133 Report a problem
    7/14/2023Listed for sale$349,000+57.2%$114/sqft
    Source: LMLS #345133 Report a problem
    9/1/2020Sold$222,000-6.7%$72/sqft
    Source: LMLS #324192 Report a problem
    3/31/2020Listed for sale$238,000+28.6%$77/sqft
    Source: Coldwell Banker Forehand & Co. #324192 Report a problem
    11/1/2011Sold$185,000+20.9%$60/sqft
    Source: LMLS #266983 Report a problem
    12/20/2007Sold$153,000+53%$50/sqft
    Source: LMLS #231019 Report a problem
    4/30/2002Sold$100,000$33/sqft
    Source: LMLS #134627 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,003 +23.9%$357,500 +31.2%
    2024$2,424 $272,400
    2023$2,424 -2.1%$272,400 +22.2%
    2022$2,475 $223,000
    2021$2,475 $223,000 +25.4%
    2020-- $177,800
    2019-- $177,800 +0.8%
    2018-- $176,400
    2017$490 $176,400
    2016$490 $176,400
    2015$490 -50%$176,400
    2014$979 $176,400 +22%
    2012-- $144,600
    2011-- $144,600
    2009-- $144,600 +6.6%
    2008-- $135,700 +24.3%
    2007-- $109,200
    2006-- $109,200
    2005-- $109,200 +4%
    2004-- $105,000
    2003-- $105,000
    2002-- $105,000 -8.1%
    2001-- $114,200
    Find assessor info on the county website

    Neighborhood: 24503

    Nearby schools

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