For sale

Price cut: $15K (9/23)

$254,900

50 Village Rd, Lynchburg, VA 24502

4beds

1,820sqft

$1,710/mo

Get pre-qualified

Multi Family

Built in 1975

-- sqft lot

$-- Zestimate^®

$140/sqft

$-- HOA

What's special

Discover an exceptional investment opportunity with this well-located duplex in the heart of Lynchburg, VA. Just minutes from Wards Road, Liberty University, shopping, dining, and major employers, this property offers outstanding convenience for both tenants and owners. Duplexes provide a unique opportunity to generate rental income while building long-term equity, making them an excellent addition to any investment portfolio. Whether you're an experienced investor looking to expand your holdings or a first-time buyer interested in owner-occupying one unit while renting the other, this property offers incredible flexibility. Its prime location near one of Lynchburg's most desirable commercial and educational hubs helps support strong rental demand year-round. With easy access to schools, parks, healthcare and roadways, tenants will appreciate everything this location has to offer. Don't miss your chance to own an income-producing property in one of Lynchburg's most sought-after areas.

53 days
584
35

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Heat Pump

Cooling

Heat Pump

Appliances

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

Features

Flooring: Carpet, Ceramic Tile, Laminate, Unit 1 Carpet, Unit 2 Carpet
Has fireplace: Yes

Interior area

Total structure area: 1,820
Total interior livable area: 1,820 sqft

Property

Parking

Parking features: Off Street, Paved Drive
Has uncovered spaces: Yes

Features

Patio & porch: Unit 1(Porch)

Lot

Size: 0.37 Acres

Details

Foundation area: 1820
Parcel number: 25501002
Zoning: R-1

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick

Condition

Year built: 1975

Utilities & green energy

Electric: Indiv Meter/Electric
Gas: Individual Meter/Gas
Sewer: Septic Tank
Water: City
Utilities for property: Unit 1 Cable TV

Community & HOA

Community

Security: Unit 1 Smoke Alarm, Unit 2 Smoke Alarm

Location

Region: Lynchburg

Financial & listing details

Price per square foot: $140/sqft
Tax assessed value: $191,900
Annual tax amount: $1,612
Date on market: 8/3/2026
Cumulative days on market: 54 days
Lease term: Month To Month

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/23/2026	Price change	$254,900-5.6%$140/sqft
Source: LMLS #368397 Report a problem
8/19/2026	Price change	$269,900-3.6%$148/sqft
Source: LMLS #368397 Report a problem
8/3/2026	Listed for sale	$279,900+118.7%$154/sqft
Source: LMLS #368397 Report a problem
6/29/2017	Sold	$128,000+25.5%$70/sqft
Source: LMLS #305187 Report a problem
7/16/2014	Sold	$102,000$56/sqft
Source: LMLS #285006 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,612 +1.1%	$191,900 +7.1%
2024	$1,594	$179,100
2023	$1,594 -2.5%	$179,100 +21.6%
2022	$1,635	$147,300
2021	$1,635 +18.7%	$147,300 +18.7%
2020	$1,378	$124,100
2019	$1,378 +3.5%	$124,100 +3.5%
2018	$1,331	$119,900
2017	$1,331	$119,900
2016	$1,331	$119,900
2015	$1,331	$119,900 -3.9%
2014	$1,331	$124,800
2012	--	$124,800
2011	--	$124,800 +11.3%
2009	--	$112,100 +2.6%
2008	--	$109,300 +17.5%
2007	--	$93,000
2006	--	$93,000
2005	--	$93,000 +5%
2004	--	$88,600
2003	--	$88,600 +8%
2002	--	$82,000
2001	--	$82,000