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Pending
    • $749,900

    3024 Rivermont Ave, Lynchburg, VA 24503

    8beds
    8,697sqft
    : 
    $4,649/mo
    Get pre-qualified
    Multi Family
    Built in 1904
    -- sqft lot
    $-- Zestimate®
    $86/sqft
    $-- HOA

    What's special

    Ample off-street parkingUpdated electrical systemsGrand foyer entranceTimeless character and charmCircular drive
    Incredible investment opportunity in the heart of Rivermont! This historic property has been thoughtfully converted into 8 apartments and also includes 726 Riverside Drive with an accessory dwelling unit, bringing the total to 9 income-producing units. The property features updated electrical systems, individual mini-split heating and air-conditioning units, and a strong rental history that makes this an attractive addition to any investment portfolio. A grand foyer entrance welcomes residents with timeless character and charm, while the circular drive and ample off-street parking provide convenience rarely found. Located in one of the area's most desirable neighborhoods, this unique multi-unit property offers the perfect blend of historic appeal and modern updates. Don't miss this exceptional opportunity to own a proven income-producing property with outstanding long-term potential.
    110 days
    |
    62
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Steven Bucklew 434-610-3406 sbucklewhomes@gmail.com,

    Blackwater Property Management 434-660-9092

    Source: LMLS,MLS#: 366392MLS LogoOriginating MLS: Lynchburg Board of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 7
      • Full bathrooms: 6
      • 1/2 bathrooms: 1
      Heating
      • Heat Pump, Other
      Cooling
      • Heat Pump
      Appliances
      • Included: Electric Water Heater, Gas Water Heater, Unit 1(Dishwasher, Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator), Unit 4(Range/Oven, Refrigerator), Unit 5(Range/Oven, Refrigerator), Unit 6(Range/Oven, Refrigerator)
      • Laundry: Individual Laundry, Unit 1(Dryer Hookup, Washer Hookup)
      Features
      • Flooring: Carpet, Ceramic Tile, Concrete, Vinyl, Wood Floors
      • Has fireplace: Yes
      • Fireplace features: Unit 1 Fireplace
      Interior area
      • Total structure area: 8,697
      • Total interior livable area: 8,697 sqft

      Property

      Parking
      • Parking features: Off Street, Paved Drive
      • Has uncovered spaces: Yes
      Lot
      • Size: 1.14 Acres
      Details
      • Foundation area: 0
      • Parcel number: 04007015
      • Zoning: R-4

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Drywall, Plaster, Brick, Wood Siding
      Condition
      • Year built: 1904

      Utilities & green energy

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

      Community & HOA

      Community
      • Features: Near Public Transport, Shopping Nearby
      • Security: Unit 1 Smoke Alarm, Unit 3 Smoke Alarm, Unit 4 Smoke Alarm, Unit 6 Smoke Alarm
      • Subdivision: Boonsboro Rd Commercial Corrid
      Location
      • Region: Lynchburg

      Financial & listing details

      • Price per square foot: $86/sqft
      • Annual tax amount: $5,869
      • Date on market: 5/8/2026
      • Cumulative days on market: 112 days
      • Lease term: 12 Months,Month To Month

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,097/mo

        Price history

        DateEventPrice
        7/23/2026Pending sale$749,900$86/sqft
        Source: LMLS #366392 Report a problem
        5/8/2026Listed for sale$749,900+53.1%$86/sqft
        Source: LMLS #366392 Report a problem
        12/3/2018Listing removed$489,900$56/sqft
        Source: WFLP Property Management LLC #315439 Report a problem
        11/12/2018Listed for sale$489,900-7.5%$56/sqft
        Source: WFLP Property Management LLC #315439 Report a problem
        5/17/2018Listing removed$529,900$61/sqft
        Source: WFLP Property Management LLC #310538 Report a problem
        3/15/2018Listed for sale$529,900$61/sqft
        Source: WFLP Property Management LLC #310538 Report a problem
        2/9/2018Listing removed$725
        Source: WFLP Property Management Report a problem
        1/22/2018Price change$725-3.3%
        Source: WFLP Property Management Report a problem
        1/12/2018Listed for rent$750+25%
        Source: WFLP Property Management Report a problem
        8/29/2017Listing removed$529,900$61/sqft
        Source: Lynchburg Association of Realtors #303667 Report a problem
        5/4/2017Price change$529,900-7%$61/sqft
        Source: Lynchburg Association of Realtors #303667 Report a problem
        3/7/2017Listed for sale$569,900$66/sqft
        Source: Lynchburg Association of Realtors #303667 Report a problem
        11/7/2012Listing removed$600
        Source: TNC Report a problem
        10/7/2012Listed for rent$600
        Source: TNC Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 24503

        Getting around

        18 / 100
        Car-Dependent
        25 / 100
        Some Transit
        23 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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