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For sale
    • Price cut: $12K (5/25)
    $187,900

    500 Stafford St, Lynchburg, VA 24501

    3beds
    1,743sqft
    : 
    $1,215/mo
    Get pre-qualified
    Multi Family
    Built in 1929
    -- sqft lot
    $-- Zestimate®
    $108/sqft
    $-- HOA

    What's special

    Aluminum sidingNew interior paintCovered front porchNew laminate flooringNew butcher block countertopsCorner lot
    Great Price !! Excellent Investment Opportunity !! 3 one bdrm units walking distance to University of Lynchburg.1st floor has a door between the two 1 bdrm apartments which if opened could make a 2 or 3 bdrm mmain level apartment & still have an upstairs unit .New laminate flooring & carpet throughout. New interior paint,3 electric boxes, 3 hot water heaters,2 heat pumps on main level & a mini split in 2nd floor apart.2 car carport area under property. Aluminum siding.Two 1st floor apartments w/1 bdrm,1 bath,LR, Kitchens w/range, refrigerator & microwave (1 apartment has new butcher block countertops),1 second floor apartment w/ 1 bdrm LR,full bath (new sink & shower stall) & kitchen .Full walkout basement w/ laundry area.Shingle roof on main house Rubber roof over rear apartment.Corner lot.Previously rented for $1535 total .Last rented approx late in 2024.Covered front porch,large concrete patio at rear entry.Seller paid water which averaged 90 per month + grass cutting
    108 days
    |
    805
    |
    40
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeffrey Barker 434-610-6789 Jeffbarkersells@gmail.com,

    Re/Max 1st Olympic 434-832-1100

    Source: LMLS,MLS#: 365913MLS LogoOriginating MLS: Lynchburg Board of Realtors

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Included: Electric Water Heater, Individual Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven), Unit 3(Range/Oven, Refrigerator)
      • Laundry: Common Area, Unit 1(Washer Hookup)
      Features
      • Flooring: Carpet, Laminate, Unit 1 Carpet, Unit 2 Carpet, Unit 3 Carpet
      • Doors: Unit 1 Storm Windows/Doors, Unit 2 Storm Windows/Doors, Unit 3 Storm Windows/Doors
      • Windows: Unit 1 Storm Windows/Doors, Unit 2 Storm Windows/Doors, Unit 3 Storm Windows/Doors
      • Has fireplace: Yes
      Interior area
      • Total structure area: 1,743
      • Total interior livable area: 1,743 sqft

      Property

      Parking
      • Parking features: 1 Space/Unit, Carport-Double, Off Street, On Street, Paved Drive
      • Carport spaces: 2
      • Has uncovered spaces: Yes
      Features
      • Patio & porch: Unit 1(Balcony/Patio, Porch), Unit 2(Balcony/Patio), Unit 3(Balcony/Patio)
      Lot
      • Size: 7,501 Square Feet
      Details
      • Foundation area: 1512
      • Parcel number: 03107013
      • Zoning: R-2

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Drywall, Paneling, Plaster, Aluminum Siding
      Condition
      • Year built: 1929

      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 2 Smoke Alarm, Unit 3 Smoke Alarm
      • Subdivision: Newberne
      Location
      • Region: Lynchburg

      Financial & listing details

      • Price per square foot: $108/sqft
      • Tax assessed value: $148,900
      • Annual tax amount: $1,326
      • Date on market: 4/17/2026
      • Cumulative days on market: 109 days

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        5/25/2026Price change$187,900-6%$108/sqft
        Source: LMLS #365913 Report a problem
        4/28/2026Price change$199,900-9.1%$115/sqft
        Source: LMLS #365913 Report a problem
        4/17/2026Listed for sale$219,900-8.3%$126/sqft
        Source: LMLS #365913 Report a problem
        10/23/2025Listing removed--
        Source: Owner Report a problem
        10/7/2025Listed for sale$239,900$138/sqft
        Source: Owner Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,251 +12.8%$148,900 +19.5%
        2024$1,109 $124,600
        2023$1,109 +1.2%$124,600 +26.2%
        2022$1,096 $98,700
        2021$1,096 $98,700 -3.3%
        2020-- $102,100
        2019-- $102,100 +4.1%
        2018-- $98,100
        2017$1,089 $98,100
        2016$1,089 $98,100
        2015$1,089 $98,100
        2014$1,089 $98,100
        2012-- $98,100
        2011-- $98,100 +2.2%
        2009-- $96,000 -0.1%
        2008-- $96,100 +26%
        2007-- $76,300
        2006-- $76,300
        2005-- $76,300 +3.1%
        2004-- $74,000
        2003-- $74,000 +12.1%
        2002-- $66,000
        2001-- $66,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 24501

        Getting around

        0 / 100
        Car-Dependent
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        No Nearby Transit

        Nearby schools

        GreatSchools rating

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