840 Old Forest Road Lynchburg, VA $ 149,900
840 Old Forest Road
$ 149,900
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840 Old Forest Road

Lynchburg, VA, 24501
$ 149,900
Bedrooms5 Baths2.0 Sq 1,180

Monthly Estimate*

$ 1,035

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Multi-Family Home for sale in Lynchburg, VA for $149,900 with 5 bedrooms and 2 full baths. This 1,180 square foot home was built in 1962 on a lot size of 0.44.

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!

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Multi-Family Active

Price

$ 149,900

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,173

Style

Multi-Family

Lot Size

0.44

Year Built

1962

Town/City

Lynchburg

County/Region

LYNCHBURG

MLS | Web ID

369094

Features
General
Living Area 1180.00
Sewer City
Heating Electric Baseboard Wall/Space Unit
Cooling Wall Unit(s)
Zoning R-2
HOA Fee 0.00
Year Built 1962
Property Subtype Multi-Family
Gross Income 0.00
County Lynchburg
Net Operating Income 0.00
Insurance Expense 1050.00
Property Type Multi-Family
MaintenanceExpense 700.00
Subdivision Name West Lynchburg
Close Price 0.00
Status Active
Directions On the south side of Old Forest Road between the traffic circle on Lakeside and Hill Street
City Lynchburg
High School District Lynchburg
Number Of Units Total 2
MLS Area Lynchburg
Lot Size Units Acres
Lot Size Square Feet 19166.00
Electric Expense 0.00
Water Sewer Expense 0.00
Availability Date 1800-01-01
Lease Type Net
Legal Description WEST LYNCHBURG SEC 12 BLK 7 Lot 14 AND WEST LYNCHBURG SEC 12 BLK 7 PT LOTS 15-18
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Interior
Flooring Laminate
3/4 Baths 0
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Exterior
Parking Features Off Street Parking
Water Source City
Lot Size Acres 0.4400
Lot Size Source (Public Records)
Foundation Area 1180.00
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 0
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Internal Only
Street Number 1 840
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* Excluded Features
List By
SusanMurray

Listing Agent

Epique Realty

Broker

SusanEMurrayRealtor@gmail.com

Email

Affordability Calculator

$1,133
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,035
Monthly Property Taxes
$98
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
11/10/2026$149,900 -6.25% Price Down
10/29/2026$159,900 -3.03% Price Down
10/16/2026$164,900 -2.94% Price Down
10/9/2026$169,900 -5.56% Price Down
10/2/2026$179,900 -2.76% Price Down
9/8/2026$185,000 Listed Price

Map


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840 Old Forest Road, Lynchburg, VA, 24501 is a Multi-Family Home for sale at $149,900 with 1,180 sqft and a lot size of 0.44. 840 Old Forest Road has 5 bedrooms, 2.0 baths, and was built in 1962. The property's zip code is 24501 which is in Lynchburg, VA