Rare quadplex opportunity conveniently located just off Leesville Rd. Each unit features 2 bedrooms and 1 full bathroom with a functional layout designed to appeal to tenants. Units include spacious eat-in kitchens and individual washer and dryer connections, adding everyday convenience. The property offers separate electric meters, while the owner currently pays for water and lawn care. With strong rental fundamentals and a desirable location near shopping, dining, and major roadways, this property presents an excellent opportunity for a savvy investor seeking a multi-family addition to their portfolio.
Sold for $370,000
$370,000
54 Village Rd, Lynchburg, VA 24502
8beds
3,510sqft
Multi Family
Built in 1976
-- sqft lot
$-- Zestimate®
$105/sqft
$1,694 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,694/mo
Zestimate® history
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List your homeWhat's special
Functional layoutSpacious eat-in kitchens
Zillow last checked:
Listing updated:
Listed by:
Luther Maddy 434-337-0530 luther@luthermaddyrealestate.com,
Elite Realty
Bought with:
Asia Watson, 0225252248
Keller Williams
Source: LMLS,MLS#: 365644
Originating MLS: Lynchburg Board of Realtors
Originating MLS: Lynchburg Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Electric Water Heater, Individual Water Heater
- Laundry: Individual Laundry, Unit 1(Dryer Hookup, Washer Hookup), Unit 2(Dryer Hookup, Washer Hookup), Unit 3(Dryer Hookup, Washer Hookup), Unit 4(Dryer Hookup, Washer Hookup)
Features
- Flooring: Carpet, Ceramic Tile, Vinyl
- Has fireplace: Yes
Interior area
- Total structure area: 3,510
- Total interior livable area: 3,510 sqft
Property
Parking
- Parking features: Off Street, Parking Lot, Paved Drive
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Handicapped Access, Unit 1 Handicapped Access, Unit 2 Handicapped Access, Unit 3 Handicapped Access, Unit 4 Handicapped Access
Lot
- Size: 0.34 Acres
Details
- Foundation area: 0
- Parcel number: 25501001
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Drywall, Paneling, Brick
Condition
- Year built: 1976
Utilities & green energy
- Electric: Indiv Meter/Electric
- Sewer: Septic Tank
- Water: City
Community & HOA
Community
- Features: Near Public Transport
- Subdivision: Leesville Rd
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $105/sqft
- Tax assessed value: $337,300
- Annual tax amount: $2,713
- Date on market: 4/7/2026
- Cumulative days on market: 31 days
- Lease term: Month To Month
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Sold | $370,000-11.9%$105/sqft |
Source:  LMLS #365644 Report a problem | ||
| 5/18/2026 | Pending sale | $420,000$120/sqft |
Source: LMLS #365644 Report a problem | ||
| 4/24/2026 | Listed for sale | $420,000$120/sqft |
Source: LMLS #365644 Report a problem | ||
| 4/15/2026 | Pending sale | $420,000$120/sqft |
Source: LMLS #365644 Report a problem | ||
| 4/7/2026 | Listed for sale | $420,000+68%$120/sqft |
Source: LMLS #365644 Report a problem | ||
| 5/13/2021 | Sold | $250,000+31.6%$71/sqft |
Source: Public Record Report a problem | ||
| 7/31/2017 | Sold | $190,000$54/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,833 +4.4% | $337,300 +10.7% |
| 2024 | $2,713 | $304,800 |
| 2023 | $2,713 -7.8% | $304,800 +15% |
| 2022 | $2,942 +29.8% | $265,000 +29.8% |
| 2021 | $2,267 | $204,200 +22.8% |
| 2020 | -- | $166,300 |
| 2019 | -- | $166,300 +6.5% |
| 2018 | -- | $156,200 |
| 2017 | $1,734 | $156,200 |
| 2016 | $1,734 | $156,200 |
| 2015 | $1,734 | $156,200 -4.2% |
| 2014 | $1,734 | $163,000 |
| 2012 | -- | $163,000 |
| 2011 | -- | $163,000 +3% |
| 2009 | -- | $158,300 +3.9% |
| 2008 | -- | $152,400 +13.4% |
| 2007 | -- | $134,400 |
| 2006 | -- | $134,400 |
| 2005 | -- | $134,400 -6.5% |
| 2004 | -- | $143,700 |
| 2003 | -- | $143,700 +8% |
| 2002 | -- | $133,000 |
| 2001 | -- | $133,000 |
Find assessor info on the county website
Neighborhood: 24502
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Nearby schools
GreatSchools rating
- 2/10Heritage Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 1/10Sandusky Middle SchoolGrades: 6-8Distance: 1.7 mi
- 2/10Heritage High SchoolGrades: 9-12Distance: 0.3 mi
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- Virginia
- Lynchburg City
- Lynchburg
- 24502
- 54 Village Rd
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