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Sold for $200,000
  • $200,000

    8 Parkwood Ave, Lynchburg, VA 24501

    4beds
    1,778sqft
    Multi Family
    Built in 1964
    -- sqft lot
    $-- Zestimate®
    $112/sqft
    $1,173 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,173/mo

    Zestimate® history
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    What's special

    Freshly painted interiors
    🏡 Investment Opportunity - 2 Bedroom Duplex For Sale! 🏡 Don't miss this fantastic income-producing property! This well-maintained 2-bedroom duplex is a perfect opportunity for investors or owner-occupants looking to offset their mortgage with rental income. ✨ Property Highlights: Two spacious 2-bedroom, 1-bath units $825.00 rent per unit - solid rental income potential New appliances in one unit Newer flooring in both units Freshly painted interiors Clean, updated, and move-in ready With strong rental history and desirable updates already completed, this duplex offers immediate cash flow and low-maintenance ownership. Whether you're expanding your portfolio or purchasing your first investment property, this is a smart addition. 📞 Schedule your showing today this one won't last long!

    Zillow last checked:

    Listing updated:

    Listed by:

    Sarah P. Thomas 434-941-9915 sthomas@brownstoneproperties.com,

    Brownstone Properties,

    Kelly G Eckard 434-610-6216,

    Brownstone Properties

    Bought with:

    Stacy Littlejohn, 0225262894

    Real Broker, LLC

    Source: LMLS,MLS#: 364521MLS LogoOriginating MLS: Lynchburg Board of Realtors

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Warm Air-Gas
    Cooling
    • Heat Pump
    Appliances
    • Included: Electric Water Heater, Unit 1(Dryer, Range/Oven, Refrigerator, Washer), Unit 2(Dryer, Refrigerator, Washer)
    • Laundry: Unit 1(Dryer Hookup, Washer Hookup), Unit 2(Dryer Hookup, Washer Hookup)
    Features
    • Flooring: Other
    • Has fireplace: Yes
    Interior area
    • Total structure area: 1,778
    • Total interior livable area: 1,778 sqft

    Property

    Lot
    • Size: 0.25 Acres
    Details
    • Foundation area: 1778
    • Parcel number: 11106009
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Block, Masonite
    Condition
    • Year built: 1964

    Utilities & green energy

    • Electric: American Electric
    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Features: Near Public Transport
    • Security: Unit 1 Smoke Alarm, Unit 2 Smoke Alarm
    Location
    • Region: Lynchburg

    Financial & listing details

    • Price per square foot: $112/sqft
    • Tax assessed value: $144,900
    • Annual tax amount: $1,217
    • Date on market: 2/19/2026
    • Cumulative days on market: 40 days

    Price history

    DateEventPrice
    4/17/2026Sold$200,000-2.9%$112/sqft
    Source: LMLS #364521 Report a problem
    3/31/2026Pending sale$205,900$116/sqft
    Source: LMLS #364521 Report a problem
    2/19/2026Listed for sale$205,900+71.6%$116/sqft
    Source: LMLS #364521 Report a problem
    6/1/2022Sold$120,000+29%$67/sqft
    Source: Public Record Report a problem
    12/15/2017Sold$93,000$52/sqft
    Source: LMLS #308018 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,217 +17.2%$144,900 +24.2%
    2024$1,039 $116,700
    2023$1,039 -0.1%$116,700 +24.5%
    2022$1,040 $93,700
    2021$1,040 +3.4%$93,700 +3.4%
    2020$1,006 $90,600
    2019$1,006 $90,600
    2018$1,006 +288.4%$90,600 -2.9%
    2017$259 $93,300
    2016$259 $93,300
    2015$259 -66.7%$93,300
    2014$777 $93,300
    2012-- $93,300
    2011-- $93,300
    2009-- $93,300 +13.1%
    2008-- $82,500 +22.4%
    2007-- $67,400
    2006-- $67,400
    2005-- $67,400 +23.9%
    2004-- $54,400
    2003-- $54,400 +4%
    2002-- $52,300
    2001-- $52,300
    Find assessor info on the county website

    Neighborhood: 24501

    Nearby schools

    GreatSchools rating
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