5 Beds
2 Baths
1,180 sqft
$159,900
840 Old Forest Road, Lynchburg VA, 24501
Price per sqft$135.51
Built in1962
Property size1,180 sqft
Property typeMulti-family
Overview
Active
Listed Sep 5, 2026
Updated 6 days ago
High-Upside Duplex Opportunity on a 0.44-Acre Double Lot: Move-In Ready 3 Bed/1 Bath Upstairs + Framed 2 Bed/1 Bath Walkout Downstairs! Perfect for house-hackers or investors seeking immediate living upstairs with built-in equity downstairs. Upper level is move-in ready with mini-split HVAC, updated flooring, refrigerator, in-unit laundry, and private deck overlooking Blackwater Creek. Value-Add Lower Level: Walkout basement is fully framed for a 2-bed, 1-bath unit with separate electric meter installed and rough plumbing completed. Finish drywall and fixtures to unlock an immediate second rental stream. Conveys two adjacent parcels (840 & 844 Old Forest Rd) with off-street parking. Minutes from University of Lynchburg. Sold strictly As-Is; priced for immediate sweat equity!
$1,064/mo
Est. mortgage payment based on a $159,900 home price.
All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.
Additional information
- MLS® ID
- 369094
- Available since
- January 1, 1800
Interior Features
- Bedrooms
- 5
- Bathrooms
- 2
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Exterior Features
- Lot Size
- 0.44 Acres
Other Property Details
- Taxes
- $1,173
- Tax Frequency
- Annually
- Maintenance Expense
- $700
- 55+/Senior Community
- No
Courtesy of Epique Inc
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright: by the VA - Lynchburg Association of REALTORS® (LAR).