1018 Rivermont Avenue Lynchburg, VA $ 695,000
1018 Rivermont Avenue
$ 695,000
New Construction
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1018 Rivermont Avenue

Lynchburg, VA, 24504
$ 695,000
Bedrooms-- Baths0.0 Sq 8,493

Monthly Estimate*

$ 4,800

1018 Rivermont Avenue, Lynchburg, VA 24504 - Image 1
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1018 Rivermont Avenue, Lynchburg, VA 24504 - Image 13
1018 Rivermont Avenue, Lynchburg, VA 24504 - Image 14

Multi-Family Home for sale in Lynchburg, VA

for $695,000. This 8,493 square foot home was built in 1897 on a lot size of 1.5.

Prime Multi-Family Development or Adaptive Reuse Opportunity! Situated at 1018 Rivermont Ave., consisting of approx. 1.5 acres of land near the vibrant downtown district. The site currently features a historic 1897 Revival-style brick church being roughly 8,493 sq. ft. This structure provides an exceptional canvas for an adaptive reuse project, allowing developers to retain historic charm while meeting modern residential needs. Alternatively, a conceptual plan outlines a 1.10 acre portion to be subdivided for a new construction of 14 townhome units. Property benefits from existing R-3 and R-4 multifamily residential zoning providing path for development. This sale includes 1002 & 1006 Randolph St., & 1021 Cabell Street. Excellent visibility, convenient access to urban amenities, and a favorable demographic in the surrounding submarket.

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Multi-Family Active

Price

$ 695,000

Property Type

Multi-Family

Taxes

$ 99,999

Style

Multi-Family

Lot Size

1.5

Year Built

1897

Town/City

Lynchburg

County/Region

Lynchburg City

MLS | Web ID

365716

Features
General
Living Area 8493.00
Sewer City
Zoning R3 R4
HOA Fee 0.00
Year Built 1897
Property Subtype Multi-Family
Gross Income 0.00
County Lynchburg
Net Operating Income 0.00
Insurance Expense 0.00
Property Type Multi-Family
MaintenanceExpense 0.00
Subdivision Name Commercial Misc
Close Price 0.00
Status Active
Directions GPS to 1018 Rivermont Ave. Lynchburg VA
City Lynchburg
High School District Lynchburg
Number Of Units Total 0
MLS Area Lynchburg
Lot Size Units Acres
Lot Size Square Feet 65340.00
Electric Expense 0.00
Water Sewer Expense 0.00
Availability Date 1800-01-01
Lease Type Net
Legal Description RIVERMONT CO PLAN A BLK 12
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Exterior
Water Source City
Lot Size Acres 1.5000
Lot Size Source (Agent)
Foundation Area 0.00
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 0
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Interior
3/4 Baths 0
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Internal Only
Street Number 1 1018
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* Excluded Features
List By
LukeDykeman

Listing Agent

Coldwell Banker Commercial Rea

Broker

lukedykeman@realestatelynchburg.com

Email

Affordability Calculator

$13,133
Per Month
37%
63%
0%
Monthly Principal & Interest
$4,800
Monthly Property Taxes
$8,333
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2591920 Elementary School
2591930 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2026$695,000 Listed Price

Map


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1018 Rivermont Avenue, Lynchburg, VA, 24504 is a Multi-Family Home for sale at $695,000 with 8,493 sqft and a lot size of 1.5. 1018 Rivermont Avenue has 0.0 baths and was built in 1897. The property's zip code is 24504 which is in Lynchburg, VA