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1664 Graves Mill Road, Lynchburg, VA 24502

Lynchburg
Local realty services provided by:CENTURY 21 Realty @ Home
1664 Graves Mill Road,Lynchburg, VA 24502
$899,000
  • - Beds
  • - Baths
  • 6,792 sq. ft.
  • Multi-family
  • Pending
Listed by: jimmy l rufus jr.
Office: exp realty llc-stafford
MLS#:365599
Source:VA_LAR

Price summary

  • Price:$899,000
  • Price per sq. ft.:$132.36

About this home

Don't miss this income-producing 8-plex (16 bedrooms/ 8 baths) ideally located in a high-traffic corridor on Graves Mill Road, surrounded by established restaurants, businesses, and everyday conveniences. This prime location offers easy access to the expressway, airport, and local colleges, making it highly desirable for tenants. Each of the eight units features 2 bedrooms and 1 full bath, offering a functional and in-demand layout. The property is shown by appointment only. Do Not go to the property, or approach tenants. A bank letter or proof of funds will need to be provided prior to making an appointment. With a monthly income of $7,700, this property presents a solid return with room for future growth. Its strong rental history, excellent location, and consistent demand make it a great addition to any investment portfolio. A rare opportunity to own a multi-family property in a thriving commercial area with long-term upside potential.

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Home facts

  • Year built:1970
  • Listing ID #:365599
  • Added:192 day(s) ago
  • Updated:October 18, 2026 at 08:10 AM

Rooms and interior

  • Flooring:Carpet, Vinyl
  • Living area:6,792 sq. ft.

Heating and cooling

  • Heating:Heat Pump

Structure and exterior

  • Year built:1970
  • Building area:6,792 sq. ft.
  • Lot area:0.7 Acres
  • Construction Materials:Brick

Utilities

  • Water:City
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$899,000
  • Price per sq. ft.:$132.36

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