289 Independence Circle Forest, VA $ 285,000
289 Independence Circle
$ 285,000
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289 Independence Circle

Forest, VA, 24551
$ 285,000
Bedrooms4 Baths2.0 Sq 1,850

Monthly Estimate*

$ 1,968

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Multi-Family Home for sale in Forest, VA

for $285,000 with 4 bedrooms and 2 full baths. This 1,850 square foot home was built in 1979 on a lot size of 0.459.

Rare investment opportunity in Forest, VA! 289 Independence Cir is uniquely positioned as the only duplex in a quiet, established single-family neighborhood. The property features excellent, long-term tenants (~24 and 15 years) who wish to stay, ensuring immediate stability. Unit A (Left Side) is leased at $650/month through February 1, 2027, and the tenant handles all grass and leaf maintenance, keeping your operating expenses low. Unit B (Right Side) is leased at $700/month through September 30, 2026. Capital improvements offer major peace of mind: the roof was replaced by Cenvar in August 2015, the Unit A HVAC was replaced in 2018, and the Unit B HVAC was replaced in 2019 (both by Jordan Mechanical). Additionally, the septic system was completely serviced in November 2025 (lines flushed, tank pumped, and distribution box cleaned) and pumped again in April 2026. Don't miss this low-maintenance, income-generating gem in a prime location. Schedule your showing today! Sold As-Is

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Multi-Family Active

Price

$ 285,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 732

Style

Multi-Family

Lot Size

0.459

Year Built

1979

Town/City

Forest

County/Region

Bedford

MLS | Web ID

368048

Features
General
Living Area 1850.00
Sewer Septic Tank
Heating Heat Pump
Cooling Heat Pump
HOA Fee 0.00
Year Built 1979
Property Subtype Multi-Family
Gross Income 16200.00
County Campbell
Net Operating Income 0.00
Insurance Expense 800.00
Property Type Multi-Family
MaintenanceExpense 0.00
Close Price 0.00
Status Active
Directions Timberlake Rd to Waterlick Rd to left on Jefferson Manor to R on Jane Randolph to L on Independence Circle duplex on Left
City Forest
High School District Campbell
Number Of Units Total 2
MLS Area Campbell
Lot Size Units Acres
Lot Size Square Feet 19994.00
Electric Expense 0.00
Water Sewer Expense 52.50
Availability Date 1800-01-01
Lease Type Net
Legal Description JEFFERSON MANOR LOT 14 BK A SEC 2
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Interior
Flooring Carpet Vinyl Wood Floors
3/4 Baths 0
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Exterior
Parking Features 2 Spaces/Unit
Water Source County
Lot Size Acres 0.4590
Lot Size Source (Owner)
Foundation Area 0.00
Number of Separate Water Meters 1
Number of Separate Gas Meters 0
Number of Separate Electric Meters 0
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Internal Only
Street Number 1 289
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* Excluded Features
List By
DavidEvans

Listing Agent

Mark A. Dalton & Co., Inc.

Broker

david@lynchburghomebuyers.com

Email

Affordability Calculator

$2,029
Per Month
97%
3%
0%
Monthly Principal & Interest
$1,968
Monthly Property Taxes
$61
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
2591928 Elementary School
2591917 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/14/2026$285,000 -3.39% Price Down
7/15/2026$295,000 Listed Price

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289 Independence Circle, Forest, VA, 24551 is a Multi-Family Home for sale at $285,000 with 1,850 sqft and a lot size of 0.459. 289 Independence Circle has 4 bedrooms, 2.0 baths, and was built in 1979. The property's zip code is 24551 which is in Forest, VA