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1511 Rivermont Avenue, Lynchburg, VA 24503

Lynchburg
Local realty services provided by:CENTURY 21 Realty @ Home
1511 Rivermont Avenue,Lynchburg, VA 24503
$345,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: michael w cooper
Office: raven realty llc.
MLS#:366481
Source:VA_LAR

Price summary

  • Price:$345,000

About this home

Historic 1916 stucco duplex nestled in Lynchburg's coveted Rivermont Historic District. Both units are occupied and generating $2,390/month in gross rent. Unit 1511 offers 3 bedrooms and 1.5 baths with a long-term tenant at $795/month well below market and primed for upside at lease renewal. Unit 1513 features 3 bedrooms and 1 full bath commanding $1,595/month, reflecting strong demand along this premier corridor. Classic architectural details include a hip roof with slate tile, stucco exterior, hot water heat, and generous covered porch space. Full unfinished basement offers storage or future finishing potential. Tenants handle all lawn care and landscaping, keeping owner responsibilities minimal. Located in the EC Glass High School district, minutes from Randolph College, the James River trail, and downtown Lynchburg. A turnkey investment with immediate income and real room to grow.

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Home facts

  • Year built:1916
  • Subdivision & Development:Middle Rivermont
  • Listing ID #:366481
  • Added:92 day(s) ago
  • Updated:August 15, 2026 at 03:32 PM

Structure and exterior

  • Year built:1916
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$345,000

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