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2908 Memorial Avenue, Lynchburg, VA 24501

Lynchburg
Local realty services provided by:CENTURY 21 Realty @ Home
2908 Memorial Avenue,Lynchburg, VA 24501
$415,000
  • - Beds
  • - Baths
  • 3,624 sq. ft.
  • Multi-family
  • Active
Listed by: chris davies
Office: lauren bell real estate, inc.
MLS#:367792
Source:VA_LAR

Price summary

  • Price:$415,000
  • Price per sq. ft.:$114.51

About this home

This is a fantastic fully tenanted investment opportunity comprising two commercial units and four 1-bedroom apartments. The property generates immediate rental income from day one, making it an ideal choice for investors seeking a stable, income-producing asset. With all units already rented out, this mixed-use property offers a secure and diversified income stream across both commercial and residential tenants. The two commercial units provide strong business rental appeal, while the four 1-bedroom apartments benefit from consistent demand in the rental market. A rare opportunity to acquire a fully occupied mixed-use investment with reliable returns, strong tenancy profile, and excellent long-term potential.

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Home facts

  • Year built:1932
  • Listing ID #:367792
  • Added:10 day(s) ago
  • Updated:July 09, 2026 at 04:18 PM

Rooms and interior

  • Living area:3,624 sq. ft.

Structure and exterior

  • Year built:1932
  • Building area:3,624 sq. ft.
  • Lot area:0.14 Acres

Finances and disclosures

  • Price:$415,000
  • Price per sq. ft.:$114.51

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