INVESTORS!!! Priced below assessed value!! Your chance to own a piece of Lynchburg history and to create it into an incredible home or investment property. This home is just a few blocks up from 5th and Federal and in an upcoming area. The home would qualify under the rehabilitation program and at this price it offers great opportunities to flip or create an income producing rental. The possibilities are endless. The kitchen was originally located in the basement, but the home holds several options for you to get creative! and if all that's not enough there is more! 107 Federal is listed for sale as well and owner is offering a deal for both home for ONLY 39K!! Not located in the historic district. MLS # 315222 Call today for your showing.
Sold for $35,000
$35,000
86 Federal St, Lynchburg, VA 24504
3beds
1,827sqft
SingleFamily
Built in 1885
6,534 Square Feet Lot
$34,800 Zestimate®
$19/sqft
$1,693 Estimated rent
Home value
$34,800
$31,000 - $39,000
$1,693/mo
Zestimate® history
Owner options
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$1,693/mo
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$1,693/mo
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$168/mo
Est. payment
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Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Wood / Pellet
Features
- Drywall, Main Level Bedroom, Cable Available
- Basement: Exterior Entrance, Interior Entrance
- Attic: Access
Interior area
- Total interior livable area: 1,827 sqft
Property
Features
- Exterior features: Wood
Lot
- Size: 6,534 Square Feet
Details
- Parcel number: 02333011
Construction
Type & style
- Home type: SingleFamily
Materials
- Frame
- Foundation: Crawl/Raised
- Roof: Metal
Condition
- Year built: 1885
Utilities & green energy
- Sewer: City
Community & HOA
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $19/sqft
- Tax assessed value: $75,100
- Annual tax amount: $631
Price history
| Date | Event | Price |
|---|---|---|
| 5/4/2026 | Sold | $35,000-41.7%$19/sqft |
Source: Public Record Report a problem | ||
| 1/30/2025 | Listing removed | $60,000$33/sqft |
Source:  LMLS #354152 Report a problem | ||
| 11/18/2024 | Price change | $60,000-13%$33/sqft |
Source: LMLS #354152 Report a problem | ||
| 8/19/2024 | Listed for sale | $69,000+360%$38/sqft |
Source: LMLS #354152 Report a problem | ||
| 1/4/2019 | Sold | $15,000$8/sqft |
Source: LMLS #315176 Report a problem | ||
| 11/5/2018 | Price change | $15,000-16.7%$8/sqft |
Source: Mark A. Dalton & Co., Inc. #315176 Report a problem | ||
| 10/31/2018 | Listed for sale | $18,000+18.4%$10/sqft |
Source: Mark A. Dalton & Co., Inc. #315176 Report a problem | ||
| 1/22/2018 | Sold | $15,200$8/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $631 +55.1% | $75,100 +64.3% |
| 2024 | $407 | $45,700 |
| 2023 | $407 -11.3% | $45,700 +10.7% |
| 2022 | $458 | $41,300 |
| 2021 | $458 +68.6% | $41,300 +68.6% |
| 2020 | $272 | $24,500 |
| 2019 | $272 -25.1% | $24,500 -25.1% |
| 2018 | $363 | $32,700 |
| 2017 | $363 | $32,700 |
| 2016 | $363 | $32,700 |
| 2015 | $363 | $32,700 |
| 2014 | $363 | $32,700 |
| 2012 | -- | $32,700 |
| 2011 | -- | $32,700 |
| 2009 | -- | $32,700 +52.1% |
| 2008 | -- | $21,500 +6.4% |
| 2007 | -- | $20,200 |
| 2006 | -- | $20,200 |
| 2005 | -- | $20,200 +192.8% |
| 2004 | -- | $6,900 |
| 2003 | -- | $6,900 +0.7% |
| 2002 | -- | $6,850 |
| 2001 | -- | $6,850 |
Find assessor info on the county website
Neighborhood: 24504
Nearby homes
- $41,500-- bd1 ba1.3k sqft84 Federal St, Lynchburg, VA 24504Off Market
- $10,000-- bd-- ba-- sqft80 Federal St, Lynchburg, VA 24504Off Market
- $10,000-- bd-- ba-- sqft721 1st St, Lynchburg, VA 24504Off Market
- $10,000-- bd-- ba-- sqft717 1st St, Lynchburg, VA 24504Off Market
- $34,9002 bd1 ba1.1k sqft715 1st St, Lynchburg, VA 24504Off Market
- $5,000-- bd-- ba-- sqft81 Harrison St, Lynchburg, VA 24504Off Market
- $129,9003 bd1 ba906 sqft85 Harrison St, Lynchburg, VA 24504Pending
- $100,600-- bd2 ba2.2k sqft74 Federal St, Lynchburg, VA 24504Off Market
Nearby schools
GreatSchools rating
- 4/10Bedford Hills Elementary SchoolGrades: PK-5Distance: 3.5 mi
- 2/10Linkhorne Middle SchoolGrades: 6-8Distance: 2.2 mi
- 3/10E.C. Glass High SchoolGrades: 9-12Distance: 1.1 mi
Schools provided by the listing agent
- District: Lynchburg
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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$34,800
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With Zillow Showcase(estimated)
$35,496
- Virginia
- Lynchburg City
- Lynchburg
- 24504
- 86 Federal St
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