OFF MARKET

Off market feb 2022 for $400K

—

Est. refi paymentEst. refi $2,437/mo

•

— ba

•

4,992

sq ft

339 Old Wright Shop Rd, Madison Heights, VA 24572

About this home

Incredible opportunity to buy a Cash-Flowing 4-Plex! Minutes from US 29, Downtown Lynchburg and the bus line. Three of the units have been totally renovated with updated kitchens/bathrooms, newer appliances, and all 4 units are maintenance-free! Each unit is 3 beds/2 baths and has a sizeable deck out back, plus abundant parking. Owner pays only water and taxes. Scoop it up now and start making a profit in 2022!

Multi-familyProperty Type

2004Year Built

0.49 acresLot Size

$80Price/Sq.Ft.

Listed by Johanna Calfee • Lauren Bell Real Estate, Inc.

Contact: johannacalfee@gmail.com 540-238-9639

Bought with Cole Rice • Lauren Bell Real Estate, Inc.

Redfin checked: a few seconds ago

•Source:LMLS #335320

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 24572, VA

Last updated October 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-list price

99.3%

0.1% MoM

Median sale price

$285K

$416 MoM

Avg. days on market

11d

3 days MoM

Recently sold homes

2 MoM

New listings for sale

OPEN SAT, 2PM TO 4PM
$229,900
3 beds2.5 baths2,097 sq ft
176 Grove Ave Ave, Madison Heights, VA 24588
OPEN SUN, 2PM TO 4PM
$289,900
3 beds2 baths1,534 sq ft
171 Archers Pl, Madison Heights, VA 24572
NEW 21 HRS AGO
$314,900
3 beds2 baths1,230 sq ft
1148 Winesap Rd, Madison Heights, VA 24572
NEW 27 HRS AGO
$280,000
3 beds2.5 baths1,731 sq ft
132 Spring St, Madison Heights, VA 24572
OPEN NOV 14, 2PM TO 4PM
$154,900
2 beds1 bath642 sq ft
289 Ragland Rd, Madison Heights, VA 24572
OPEN SUN, 3:30PM TO 5PM
$214,900
2 beds1.5 baths1,247 sq ft
156 Moorman Dr Dr, Madison Heights, VA 24572
NEW 32 HRS AGO
$189,900
2 beds1 bath1,300 sq ft
319 Ragland Rd, Madison Heights, VA 24572
$184,900
3 beds1 bath1,772 sq ft
130 Campbell St, Madison Heights, VA 24572
$259,900
3 beds3 baths2,693 sq ft
504 Royal Garden Ct Ct, Madison Heights, VA 24572
$549,900
4 beds2.5 baths2,639 sq ft
210 Hans Hill Dr, Madison Heights, VA 24572
See all

Provided by Redfin

Sale history for 339 Old Wright Shop Rd

Date

Event

Price

LMLS #335320

Feb 4, 2022

Sold

$400,000

$80/sq ft

Nov 22, 2021

Listed

$399,900

$80/sq ft

LMLS #315596

Feb 7, 2019

Sold

$290,000

$58/sq ft

Nov 21, 2018

Listed

$325,000

$65/sq ft

LMLS #285294

May 14, 2014

Listed

$349,500

$70/sq ft

LMLS #279301

Jun 14, 2013

Listed

$349,500

$70/sq ft

Public Records

Aug 6, 2009

Sold

$325,000

$65/sq ft

Year

Property tax

Land + Additions

Assessment*

2026

$2,446 (+31.3%)

$48,000 + $388,800

$436,800

2025

$1,863

$40,000 + $265,400

$305,400

2024

$1,863

$40,000 + $265,400

$305,400

2023

$1,863

$40,000 + $265,400

$305,400

2022

$1,863

$40,000 + $265,400

$305,400

2021

$1,863

$40,000 + $265,400

$305,400

2020

$1,863 (+14.8%)

$40,000 + $265,400

$305,400

2019

$1,623

$40,000 + $226,000

$266,000

2018

$1,623

$40,000 + $226,000

$266,000

2017

$1,622

$40,000 + $226,000

$266,000

2016

$1,622 (+8.9%)

$40,000 + $226,000

$266,000

2015

$1,490

$40,000 + $226,000

$266,000

2014

$1,489

$40,000 + $226,000

$266,000

Tax history for 339 Old Wright Shop Rd

Year

Property tax

Land + Additions

Assessment*

2026

$2,446 (+31.3%)

$48,000 + $388,800

$436,800

2025

$1,863

$40,000 + $265,400

$305,400

2024

$1,863

$40,000 + $265,400

$305,400

2023

$1,863

$40,000 + $265,400

$305,400

2022

$1,863

$40,000 + $265,400

$305,400

2021

$1,863

$40,000 + $265,400

$305,400

2020

$1,863 (+14.8%)

$40,000 + $265,400

$305,400

2019

$1,623

$40,000 + $226,000

$266,000

2018

$1,623

$40,000 + $226,000

$266,000

2017

$1,622

$40,000 + $226,000

$266,000

2016

$1,622 (+8.9%)

$40,000 + $226,000

$266,000

2015

$1,490

$40,000 + $226,000

$266,000

2014

$1,489

$40,000 + $226,000

$266,000

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

0.49 Acres

Year renovated

—

Sq. Ft.

2,600

Year built

2004

Style

Multi-Family (5+ Unit)

County

Amherst County

APN

156B 5 1

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 22, 2026.

Property details

Parking

Parking/Garage Information
Parking Features: Parking Lot

Interior

Heating & Cooling
Has Cooling
Has Heating
Heating: Heat Pump, Hot Water

Interior Features
Appliances: Electric Water Heater
Flooring: Carpet, Vinyl

Unit Type 1 Information
Type: 3 Bedroom
# of Bedrooms: 3
Sq.Ft. Total: 1,248
Total Rent: $950

Unit Type 2 Information
Type: 3 Bedroom
# of Bedrooms: 3
Sq.Ft. Total: 1,248
Total Rent: $725

Unit Type 3 Information
Type: 3 Bedroom
# of Bedrooms: 3
Sq.Ft. Total: 1,248
Total Rent: $950

Unit Type 4 Information
Type: 3 Bedroom
# of Bedrooms: 3
Sq.Ft. Total: 1,248
Total Rent: $950

Exterior

Building Information
Construction Materials: Vinyl Siding

Property Information
Property Type: Residential Income
Property Sub Type: Multi Family
Raw Mls Property Sub Type: Multi-Family

Lot Information
Lot Size Units: Acres
Lot Size Acres: 0.493

Financial

Tax Information
Tax Annual Amount: $2,200

Location

Schools Information
School District: Amherst
Elementary School: Madison Heights Elem
Middle Or Junior School: Monelison Midl
High School: Amherst High

Location Information
Directions: Colony Rd to L on Wright Shpo to L on Old Wright Shop to property on right.

Public facts

Beds: 6
Baths: 4.0
Sq. Ft.: 2,600
Stories: 1.0
Lot Size: 0.49 acres
Style: Multi-Family (5+ Unit)
Year Built: 2004
Year Renovated: —
County: Amherst County
APN: 156B 5 1

Home facts updated by county records on Oct 22, 2026

Other

Listing Information
List AOR: Lynchburg Board of Realtors
AttributionContact: johannacalfee@gmail.com 540-238-9639

Around this home

Schools

K - 12
Preschool & daycare

Madison Heights Elementary School

Public PreK-5 • Assigned • 2.0mi

3/10

Monelison Middle School

Public 6-8 • Assigned • 1.8mi

4/10

Amherst County High School

Public 9-12 • Assigned • 9.7mi

3/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 102° expected this year, 18 days in 30 years

2/10 Wind Factor

2% chance of strong winds in next 30 years

2/10 Air Factor

0 unhealthy days expected this year, 1 days in 30 years

Provided by First Street

Historical weather

Madison Heights, VA • 24572

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.4 hours in June and 4.8 hours in December, which is comparable to the U.S. average for solar exposure.

9.4 hrs

4.8 hrs

JuneDecember

Provided by Shadowmap

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Home values near 339 Old Wright Shop Rd

Data from public records.

Address	Redfin Estimate
320 Old Wright Shop Rd, Madison Heights, VA 3 Beds \| 2 Baths \| 1940 Sq. Ft.	$294,901
366 Old Wright Shop Rd, Madison Heights, VA 2 Beds \| 1 Baths \| 861 Sq. Ft.	$155,656
322 Old Wright Shop Rd, Madison Heights, VA 3 Beds \| 1.5 Baths \| 1484 Sq. Ft.	$214,955
349 Old Wright Shop Rd, Madison Heights, VA - Beds \| 1 Baths \| 384 Sq. Ft.	$89,682
304 Old Wright Shop Rd, Madison Heights, VA 7 Beds \| 4 Baths \| 3976 Sq. Ft.	$377,400
109 Crestview Dr, Madison Heights, VA 4 Beds \| 2 Baths \| 1916 Sq. Ft.	$222,327
137 Maple Dr, Madison Heights, VA 3 Beds \| 1 Baths \| 1389 Sq. Ft.	$233,272

Address	Redfin Estimate
323 Old Wright Shop Rd, Madison Heights, VA 3 Beds \| 1.5 Baths \| 1573 Sq. Ft.	$236,578
338 Old Wright Shop Rd, Madison Heights, VA 3 Beds \| 1.5 Baths \| 2084 Sq. Ft.	$244,190
324 Old Wright Shop Rd, Madison Heights, VA 3 Beds \| 2 Baths \| 1951 Sq. Ft.	$250,844
342 Old Wright Shop Rd, Madison Heights, VA 3 Beds \| 2 Baths \| 1110 Sq. Ft.	$188,788
100 Reichard Dr, Madison Heights, VA 12 Beds \| 9 Baths \| 6240 Sq. Ft.	—
115 Crestview Dr, Madison Heights, VA 3 Beds \| 1.5 Baths \| 2035 Sq. Ft.	$251,717
121 Maple Dr, Madison Heights, VA 4 Beds \| 1.5 Baths \| 1176 Sq. Ft.	$222,400

Address	Redfin Estimate
315 Old Wright Shop Rd, Madison Heights, VA 3 Beds \| 1 Baths \| 1274 Sq. Ft.	$194,120
360 Old Wright Shop Rd, Madison Heights, VA 3 Beds \| 2 Baths \| 2524 Sq. Ft.	$232,914
372 Old Wright Shop Rd, Madison Heights, VA 2 Beds \| 1 Baths \| 876 Sq. Ft.	$144,148
331 Old Wright Shop Rd, Madison Heights, VA 4 Beds \| 2 Baths \| 2126 Sq. Ft.	$288,598
125 Crestview Dr, Madison Heights, VA 2 Beds \| 1 Baths \| 685 Sq. Ft.	$109,578
123 Crestview Dr, Madison Heights, VA 2 Beds \| 1 Baths \| 936 Sq. Ft.	$152,252
126 Crestview Dr, Madison Heights, VA 3 Beds \| 2 Baths \| 1164 Sq. Ft.	$222,737

Property information provided by LMLS when last listed in 2021. This data may not match . Learn more.

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