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3024 Rivermont Avenue, Lynchburg, VA 24503

Lynchburg
Local realty services provided by:CENTURY 21 Realty @ Home
3024 Rivermont Avenue,Lynchburg, VA 24503
$749,900
  • - Beds
  • - Baths
  • 8,697 sq. ft.
  • Multi-family
  • Pending
Listed by: steven d bucklew
Office: blackwater property management and realty
MLS#:366392
Source:VA_LAR

Price summary

  • Price:$749,900
  • Price per sq. ft.:$86.23

About this home

Incredible investment opportunity in the heart of Rivermont! This historic property has been thoughtfully converted into 8 apartments and also includes 726 Riverside Drive with an accessory dwelling unit, bringing the total to 9 income-producing units. The property features updated electrical systems, individual mini-split heating and air-conditioning units, and a strong rental history that makes this an attractive addition to any investment portfolio. A grand foyer entrance welcomes residents with timeless character and charm, while the circular drive and ample off-street parking provide convenience rarely found. Located in one of the area's most desirable neighborhoods, this unique multi-unit property offers the perfect blend of historic appeal and modern updates. Don't miss this exceptional opportunity to own a proven income-producing property with outstanding long-term potential.

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Home facts

  • Year built:1904
  • Subdivision & Development:Boonsboro Rd Commercial Corrid
  • Listing ID #:366392
  • Added:98 day(s) ago
  • Updated:August 15, 2026 at 08:18 AM

Rooms and interior

  • Flooring:Carpet, Ceramic Tile, Concrete, Vinyl, Wood Floors
  • Living area:8,697 sq. ft.

Heating and cooling

  • Heating:Heat Pump

Structure and exterior

  • Year built:1904
  • Building area:8,697 sq. ft.
  • Lot area:1.14 Acres
  • Construction Materials:Brick, Wood Siding

Utilities

  • Water:City
  • Sewer:City

Finances and disclosures

  • Price:$749,900
  • Price per sq. ft.:$86.23

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