1513 Polk Street, Lynchburg, VA 24504

Local realty services provided by:CENTURY 21 Realty @ Home
1513 Polk Street,Lynchburg, VA 24504
$179,900
  • - Beds
  • - Baths
  • 2,160 sq. ft.
  • Multi-family
  • Active
Listed by: stacy powell
Office: keller williams
MLS#:363704
Source:VA_LAR

Price summary

  • Price:$179,900
  • Price per sq. ft.:$83.29

About this home

This fully leased triplex presents a strong investment opportunity with immediate cash flow in place. The property consists of three units that are all currently occupied. Unit rents are well staggered, offering built-in income diversity and stability. Major capital improvements have already been completed, including a new 20-year architectural shingle roof on both the front and rear sections of the building, along with brand-new gutters and downspouts. The foundation has been professionally addressed with repointing and new footers added in select areas. Unit #3 features a fully renovated bathroom and a new mini-split system installed in 2025, adding modern comfort and efficiency. 100% Leased Unit #1 $510; Unit #2 $685; Unit #3 $750;Gross Rent $1,945. Come check this property out today!

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Home facts

  • Year built:1855
  • Listing ID #:363704
  • Added:1 day(s) ago
  • Updated:January 01, 2026 at 02:58 AM

Rooms and interior

  • Living area:2,160 sq. ft.

Structure and exterior

  • Year built:1855
  • Building area:2,160 sq. ft.
  • Lot area:0.15 Acres

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$179,900
  • Price per sq. ft.:$83.29