Great investment opportunity! Don't miss your chance as it is back on the market by no fault of the sellers! 2 units have long term tenants. Lower level unit has just had some new flooring installed and fresh paint, ready for a new tenant.
Sold for $195,500
$195,500
701 Orchard St, Lynchburg, VA 24501
6beds
2,659sqft
Multi Family
Built in 1939
-- sqft lot
$-- Zestimate®
$74/sqft
$1,436 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,436/mo
Zestimate® history
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$941/mo
Est. payment
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Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Christy L. Johnson 434-942-9214 CHRISTYLJOHNSON@COMCAST.NET,
Four Rivers Realty Group, Inc.,
Kenneth Crawford 434-841-3115,
Four Rivers Realty Group, Inc.
Bought with:
OUT OF AREA BROKER
OUT OF AREA BROKER
Source: LMLS,MLS#: 363140
Originating MLS: Lynchburg Board of Realtors
Originating MLS: Lynchburg Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Electric Water Heater, Unit 1(Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator), Unit 3(Range/Oven, Refrigerator)
- Laundry: Common Area
Features
- Flooring: Carpet, Vinyl
- Has fireplace: Yes
Interior area
- Total structure area: 2,659
- Total interior livable area: 2,659 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 6,390 Square Feet
Details
- Foundation area: 933
- Parcel number: 00334032
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
Condition
- Year built: 1939
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $74/sqft
- Tax assessed value: $168,600
- Annual tax amount: $1,416
- Date on market: 11/17/2025
- Cumulative days on market: 88 days
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Sold | $195,500-9.3%$74/sqft |
Source:  LMLS #363140 Report a problem | ||
| 3/13/2026 | Pending sale | $215,500$81/sqft |
Source: LMLS #363140 Report a problem | ||
| 1/15/2026 | Listed for sale | $215,500$81/sqft |
Source: LMLS #363140 Report a problem | ||
| 12/20/2025 | Pending sale | $215,500$81/sqft |
Source: LMLS #363140 Report a problem | ||
| 11/17/2025 | Listed for sale | $215,500$81/sqft |
Source: LMLS #363140 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,416 +41.7% | $168,600 +50.1% |
| 2024 | $999 | $112,300 |
| 2023 | $999 -8.1% | $112,300 +14.6% |
| 2022 | $1,088 | $98,000 |
| 2021 | $1,088 | $98,000 +3.7% |
| 2020 | -- | $94,500 |
| 2019 | -- | $94,500 |
| 2018 | -- | $94,500 |
| 2017 | $1,049 | $94,500 |
| 2016 | $1,049 | $94,500 |
| 2015 | $1,049 | $94,500 -3.3% |
| 2014 | $1,049 | $97,700 |
| 2012 | -- | $97,700 |
| 2011 | -- | $97,700 |
| 2009 | -- | $97,700 +0.1% |
| 2008 | -- | $97,600 |
| 2007 | -- | $97,600 |
| 2006 | -- | $97,600 |
| 2005 | -- | $97,600 +89.5% |
| 2004 | -- | $51,500 |
| 2003 | -- | $51,500 |
| 2002 | -- | $51,500 |
| 2001 | -- | $51,500 |
Find assessor info on the county website
Neighborhood: 24501
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Nearby schools
GreatSchools rating
- 1/10Robert S. Payne Elementary SchoolGrades: PK-5Distance: 0.6 mi
- 3/10Paul Laurence Dunbar Middle School for InnovationGrades: 6-8Distance: 0.8 mi
- 3/10E.C. Glass High SchoolGrades: 9-12Distance: 0.3 mi
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- Virginia
- Lynchburg City
- Lynchburg
- 24501
- 701 Orchard St
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