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.
Pending
$420,000
54 Village Rd, Lynchburg, VA 24502
8beds
3,510sqft
Multi Family
Built in 1976
-- sqft lot
$-- Zestimate®
$120/sqft
$-- HOA
What's special
Functional layoutSpacious eat-in kitchens
- 66 days |
- 283 |
- 10 |
Zillow last checked:
Listing updated:
Listed by:
Luther Maddy 434-337-0530 luther@luthermaddyrealestate.com,
Elite Realty
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: $120/sqft
- Tax assessed value: $337,300
- Annual tax amount: $2,713
- Date on market: 4/7/2026
- Cumulative days on market: 36 days
- Lease term: Month To Month
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 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 | -- | $133,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 24502
Nearby schools
GreatSchools rating
- 3/10Heritage Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Sandusky Middle SchoolGrades: 6-8Distance: 1.7 mi
- 2/10Heritage High SchoolGrades: 9-12Distance: 0.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Virginia
- Lynchburg City
- Lynchburg
- 24502
- 54 Village Rd
Nearby cities
Nearby zip codes
Other Lynchburg Topics
