This Income Generating property has four 1 Bed/1 Bath apartments. 1 Occupied Unit on a month-to-month lease. Whether you're a seasoned investor looking to expand your portfolio or a first-time buyer with a vision, this building offers an exceptional investment opportunity. Embrace the charm and history of this unique property while maximizing its income potential. Don't miss out on this chance to invest in a piece of history. Schedule your viewing today and start building your future with this historic gem!
Sold for $270,000
$270,000
4067 Fort Ave, Lynchburg, VA 24502
--beds
4,146sqft
Multi Family
Built in 1880
-- sqft lot
$-- Zestimate®
$65/sqft
$1,442 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,442/mo
Zestimate® history
Owner options
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$1,442/mo
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$1,442/mo
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$1,620/mo
Est. payment
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$1,620/mo
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Zillow last checked:
Listing updated:
Listed by:
Jaysn M Schaener 434-515-0378 jaysn@ravenrealty.realestate,
Raven Realty LLC
Bought with:
Jordan Smith, 0225248313
Keeton & Co Real Estate
Source: LMLS,MLS#: 348754
Originating MLS: Lynchburg Board of Realtors
Originating MLS: Lynchburg Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Steam-Gas
Cooling
- Window Unit(s)
Appliances
- Included: Gas Water Heater, Unit 1(Range/Oven), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator), Unit 4(Range/Oven, Refrigerator)
- Laundry: Common Area
Features
- Flooring: Vinyl, Wood Floors
- Has fireplace: Yes
Interior area
- Total structure area: 4,146
- Total interior livable area: 4,146 sqft
Property
Parking
- Parking features: 1 Space/Unit, Parking Lot
Features
- Patio & porch: Unit 2(Balcony/Patio)
Lot
- Size: 0.44 Acres
Details
- Foundation area: 0
- Parcel number: 05407015
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Paneling, Plaster
Condition
- Year built: 1880
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 3 Smoke Alarm, Unit 4 Smoke Alarm
- Subdivision: Fort Hill - North
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $65/sqft
- Tax assessed value: $338,700
- Annual tax amount: $2,129
- Date on market: 5/25/2024
- Cumulative days on market: 145 days
- Lease term: Month To Month
Price history
| Date | Event | Price |
|---|---|---|
| 5/23/2024 | Sold | $270,000-16.9%$65/sqft |
Source:  LMLS #348754 Report a problem | ||
| 4/18/2024 | Pending sale | $325,000$78/sqft |
Source: LMLS #348754 Report a problem | ||
| 3/18/2024 | Listed for sale | $325,000$78/sqft |
Source: LMLS #348754 Report a problem | ||
| 2/5/2024 | Pending sale | $325,000$78/sqft |
Source: LMLS #348754 Report a problem | ||
| 11/8/2023 | Price change | $325,000-7.1%$78/sqft |
Source: LMLS #348754 Report a problem | ||
| 10/14/2023 | Listed for sale | $350,000+180%$84/sqft |
Source: LMLS #348754 Report a problem | ||
| 3/9/2017 | Listing removed | $495 |
Source: CVA Rentals Report a problem | ||
| 3/6/2017 | Listed for rent | $495 |
Source: CVA Rentals Report a problem | ||
| 5/16/2014 | Sold | $125,000$30/sqft |
Source: LMLS #285396 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,845 +33.6% | $338,700 +41.6% |
| 2024 | $2,129 | $239,200 |
| 2023 | $2,129 +18.2% | $239,200 +47.4% |
| 2022 | $1,802 | $162,300 |
| 2021 | $1,802 | $162,300 +19.9% |
| 2020 | -- | $135,400 |
| 2019 | -- | $135,400 +11.5% |
| 2018 | -- | $121,400 |
| 2017 | $1,348 | $121,400 |
| 2016 | $1,348 | $121,400 +7.3% |
| 2015 | $1,348 +7.3% | $113,100 |
| 2014 | $1,255 | $113,100 |
| 2012 | -- | $113,100 |
| 2011 | -- | $113,100 |
| 2009 | -- | $113,100 +12% |
| 2008 | -- | $101,000 +6.2% |
| 2007 | -- | $95,100 |
| 2006 | -- | $95,100 |
| 2005 | -- | $95,100 +10.7% |
| 2004 | -- | $85,900 |
| 2003 | -- | $85,900 +5.4% |
| 2002 | -- | $81,500 |
| 2001 | -- | $81,500 |
Find assessor info on the county website
Neighborhood: 24502
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Nearby schools
GreatSchools rating
- 1/10Perrymont Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10Paul Laurence Dunbar Middle School for InnovationGrades: 6-8Distance: 2.1 mi
- 3/10E.C. Glass High SchoolGrades: 9-12Distance: 1.5 mi
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- Virginia
- Lynchburg City
- Lynchburg
- 24502
- 4067 Fort Ave
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