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Sold for $257,000
  • $257,000

    51 11th St #16, Lynchburg, VA 24504

    1beds
    656sqft
    Condominium
    Built in 2018
    -- sqft lot
    $256,500 Zestimate®
    $392/sqft
    $1,161 Estimated rent

    Home value

    $256,500

    $231,000 - $285,000

    $1,161/mo

    Zestimate® history
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    What's special

    Priced below appraised value, this fully furnished, turn-key downtown Lynchburg condo is a rare find with proven income! Originally purchased by parents as a home base while visiting their Liberty University student, they utilized the property as a successful Airbnb when they weren't in town. The result? The unit completely paid for itself, grossing over $25,000 in short-term rental income in 2025 alone. Leave your car at home and enjoy unbeatable city walkability. You are just steps away from Lynchburg's vibrant culinary scene, the scenic Riverwalk, the historic Bluffwalk, and the brand-new downtown amphitheater. Whether you are looking for a profitable, turnkey investment, a smart alternative to hotel costs for your own LU visits, or you simply want to live in the heart of the action, this condo delivers instant equity and an unmatched lifestyle. Schedule your showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Tim Bushnell 512-277-4872 Tim@acreebrothersrealty.com,

    Keller Williams

    Bought with:

    Cayla McHaney, 0225246310

    eXp Realty LLC-Lynchburg

    Source: LMLS,MLS#: 364981MLS LogoOriginating MLS: Lynchburg Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 1
    • Bathrooms: 1
    • Full bathrooms: 1
    Primary bedroom
    • Level: First
    • Area: 135.16
    • Dimensions: 12.4 x 10.9
    Bedroom
    • Dimensions: 0 x 0
    Bedroom 2
    • Area: 0
    • Dimensions: 0 x 0
    Bedroom 3
    • Area: 0
    • Dimensions: 0 x 0
    Bedroom 4
    • Area: 0
    • Dimensions: 0 x 0
    Bedroom 5
    • Area: 0
    • Dimensions: 0 x 0
    Dining room
    • Area: 0
    • Dimensions: 0 x 0
    Family room
    • Area: 0
    • Dimensions: 0 x 0
    Great room
    • Area: 0
    • Dimensions: 0 x 0
    Kitchen
    • Level: First
    • Area: 82.49
    • Dimensions: 11.3 x 7.3
    Living room
    • Level: First
    • Area: 156.6
    • Dimensions: 10.8 x 14.5
    Office
    • Area: 0
    • Dimensions: 0 x 0
    Heating
    • Two-Zone
    Cooling
    • Mini-Split
    Appliances
    • Included: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Self Cleaning Oven, Electric Water Heater
    • Laundry: Laundry Closet
    Features
    • Flooring: Laminate
    • Windows: Drapes
    • Basement: Slab
    • Attic: Other
    Interior area
    • Total structure area: 656
    • Total interior livable area: 656 sqft
    • Finished area above ground: 656
    • Finished area below ground: 0

    Property

    Features
    • Levels: One
    • Exterior features: Balcony
    • Pool features: Pool Nearby
    • Has view: Yes
    • View description: City
    • Waterfront features: River Front
    Lot
    • Size: 609 Square Feet
    • Features: Landscaped, Undergrnd Utilities
    Details
    • Parcel number: 04516024

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    Materials
    • Brick
    • Roof: Shingle,Other
    Condition
    • Year built: 2018

    Utilities & green energy

    • Sewer: City
    • Water: City
    • Utilities for property: Cable Available, Cable Connections

    Community & HOA

    Community
    • Subdivision: Downtown-central Business Dist
    HOA
    • Has HOA: Yes
    • HOA fee: $200 monthly
    Location
    • Region: Lynchburg

    Financial & listing details

    • Price per square foot: $392/sqft
    • Tax assessed value: $240,000
    • Annual tax amount: $1,914
    • Date on market: 3/13/2026
    • Cumulative days on market: 6 days

    Price history

    DateEventPrice
    4/20/2026Sold$257,000-1.1%$392/sqft
    Source: LMLS #364981 Report a problem
    3/20/2026Pending sale$259,900$396/sqft
    Source: LMLS #364981 Report a problem
    3/13/2026Listed for sale$259,900$396/sqft
    Source: LMLS #364981 Report a problem
    2/11/2026Listing removed$259,900$396/sqft
    Source: LMLS #364033 Report a problem
    1/16/2026Listed for sale$259,900$396/sqft
    Source: LMLS #364033 Report a problem
    1/15/2026Listing removed$259,900$396/sqft
    Source: LMLS #362842 Report a problem
    10/31/2025Listed for sale$259,900-1.9%$396/sqft
    Source: LMLS #362842 Report a problem
    10/31/2025Listing removed$264,900$404/sqft
    Source: LMLS #362071 Report a problem
    10/10/2025Price change$264,900-1.9%$404/sqft
    Source: LMLS #362071 Report a problem
    9/26/2025Listed for sale$269,900+1.9%$411/sqft
    Source: LMLS #362071 Report a problem
    9/16/2025Listing removed$264,900$404/sqft
    Source: LMLS #359491 Report a problem
    9/3/2025Price change$264,900-3.6%$404/sqft
    Source: LMLS #359491 Report a problem
    8/25/2025Price change$274,900-3.5%$419/sqft
    Source: LMLS #359491 Report a problem
    7/28/2025Price change$284,900-1.7%$434/sqft
    Source: LMLS #359491 Report a problem
    7/4/2025Listed for sale$289,900$442/sqft
    Source: LMLS #359491 Report a problem
    6/13/2025Pending sale$289,900$442/sqft
    Source: LMLS #359491 Report a problem
    5/23/2025Listed for sale$289,900-3%$442/sqft
    Source: LMLS #359491 Report a problem
    5/23/2025Listing removed--
    Source: Owner Report a problem
    4/18/2025Listed for sale$299,000+32.9%$456/sqft
    Source: Owner Report a problem
    7/12/2022Sold$225,000-2.2%$343/sqft
    Source: LMLS #338920 Report a problem
    6/20/2022Pending sale$230,000$351/sqft
    Source: LMLS #338920 Report a problem
    6/17/2022Listed for sale$230,000+27.8%$351/sqft
    Source: LMLS #338920 Report a problem
    1/30/2020Sold$180,000-2.7%$274/sqft
    Source: LMLS #320152 Report a problem
    10/2/2019Price change$185,000-2.1%$282/sqft
    Source: Re/Max 1st Olympic #320152 Report a problem
    8/6/2019Listed for sale$189,000$288/sqft
    Source: Re/Max 1st Olympic #320152 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,016 +5.4%$240,000 +11.6%
    2024$1,914 $215,000
    2023$1,914 -2.8%$215,000 +21.2%
    2022$1,969 $177,400
    2021$1,969 +15.6%$177,400 +15.6%
    2020$1,704 $153,500
    2019$1,704 +10%$153,500 +10%
    2018$1,548 $139,500
    Find assessor info on the county website

    Neighborhood: 24504

    Nearby schools

    GreatSchools rating
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