Rare triplex investment opportunity! This property features three separate units, offering excellent income potential and flexible living options. Ideal for investors or owner-occupants looking to house hack, this unique property combines strong rental appeal with long-term value. Don't miss your chance to own a hard-to-find multi-family gem!
Multi-familyProperty Type
1944Year Built
0.42 acresLot Size
Listed by Chase Hankins• Realty ONE Group Leading Edge
What does every investor want? A great return of their investment. With 3 tenants already in place this property can do just that. Bring an immediate income. One tenant has been in the home for 26 years and the other for 16. Currently brings in a total rent of $975 month Three levels of living space with three separate electric meters, heating, one low water bill and off street parking. Conveniently located within walking distance from the Central Va Training Center and a couple of minutes from downtown Lynchburg.
LMLS #279920
Jul 17, 2013
Listed
$87,000
Year
Property tax
Land + Additions
Assessment*
2026
$1,298 (+10.2%)
$36,000 + $195,700
$231,700
2025
$1,177
$30,000 + $163,000
$193,000
2024
$1,177
$30,000 + $163,000
$193,000
2023
$1,177
$30,000 + $163,000
$193,000
2022
$1,177
$30,000 + $163,000
$193,000
2021
$1,177
$30,000 + $163,000
$193,000
2020
$1,177 (+71.3%)
$30,000 + $163,000
$193,000
2019
$687
$30,000 + $82,700
$112,700
2018
$687
$30,000 + $82,700
$112,700
Public record
Public record
Zoning
Beds
3
Baths
2.5
Stories
1.6
Lot width
—
Lot depth
—
Lot size
0.42 Acres
Year renovated
—
Sq. Ft.
3,120
Year built
1944
Style
Multi-Family (5+ Unit)
County
Amherst County
APN
160 2 1
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 16, 2026.
B-2
General Commercial District
This district covers those areas intended for the conduct of any retail, service or contracting business, for siting of public facilities, and for other similar uses as determined by the zoning administrator. Uses requiring extended hours of operation and generating high volumes of traffic are permitted in this district.
Permitted uses
Include but are not limited to:
Community / recreation center
Convenience store
General retail
Restaurant
Manufacturing
Warehouse
Hotel / motel
Mixed use
Office
Shopping centers
Property details
Parking
Parking/Garage Information
Parking Features: Off Street, Unpaved
Interior
Heating & Cooling
Has Cooling
Cooling: Window Unit(s)
Has Heating
Heating: Baseboard, Oil, Space Heater
Interior Features
Appliances: Electric Water Heater
Flooring: Vinyl
Unit Type 1 Information
Type: 1 Bedroom
# of Bedrooms: 1
Unit Type 2 Information
Type: 1 Bedroom
# of Bedrooms: 1
Sq.Ft. Total: 1,040
Total Rent: $475
Unit Type 3 Information
Type: 2 Bedroom
# of Bedrooms: 2
Sq.Ft. Total: 1,040
Total Rent: $525
Exterior
Building Information
Construction Materials: Brick
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: 0.418
Financial
Tax Information
Tax Annual Amount: $1,300
Utilities
Utility Information
Sewer: Septic Tank
Location
Schools Information
School District: Amherst
Elementary School: Madison Heights Elem
Middle Or Junior School: Monelison Midl
High School: Amherst High
Location Information
Directions: 29 to Old Town Connector to Colony Road
Public facts
Beds: 3
Baths: 2.5
Sq. Ft.: 3,120
Stories: 1.6
Lot Size: 0.42 acres
Style: Multi-Family (5+ Unit)
Year Built: 1944
Year Renovated: —
County: Amherst County
APN: 160 2 1
Home facts updated by county records on Jul 16, 2026