Charming 5-plex offering over 4,000 finished sq ft. across 2 stories, with classic architectural character including an open front porch. This property features strong existing income with a low-maintenance setup for investors. A rare opportunity to own a stabilized, income-filled property. Schedule your showing today!
For sale
$395,000
507 Madison St, Lynchburg, VA 24504
6beds
4,333sqft
Multi Family
Built in 1913
-- sqft lot
$-- Zestimate®
$91/sqft
$-- HOA
What's special
Classic architectural characterOpen front porch
- 71 days
- 404
- 43
Zillow last checked:
Listing updated:
Listed by:
Stephen J Acree 434-771-2531 stephen@acreebrothersrealty.com,
Keller Williams 434-534-9113
Source: LMLS,MLS#: 368238
Originating MLS: Lynchburg Board of Realtors
Originating MLS: Lynchburg Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Heat Pump, Wall/Space Unit
Cooling
- Heat Pump, Window Unit(s)
Appliances
- Included: Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 4(Range/Oven, Refrigerator), Unit 5(Range/Oven, Refrigerator)
Features
- Flooring: Vinyl, Wood Floors
- Has fireplace: Yes
Interior area
- Total structure area: 4,333
- Total interior livable area: 4,333 sqft
Property
Lot
- Size: 8,076 Square Feet
Details
- Foundation area: 0
- Parcel number: 02422007
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
Condition
- Year built: 1913
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: 5th Street Corridor
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $91/sqft
- Annual tax amount: $2,074
- Date on market: 7/25/2026
- Cumulative days on market: 72 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/25/2026 | Listed for sale | $395,000$91/sqft |
Source:  LMLS #368238 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 24504
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