$899,000
1664 Graves Mill Road
Lynchburg, VA 24502
12
Beds
6,792
Sq Ft
0.70
Acres
About this home
Don't miss this income-producing 8-plex (16 bedrooms/ 8 baths) ideally located in a high-traffic corridor on Graves Mill Road, surrounded by established restaurants, businesses, and everyday conveniences. This prime location offers easy access to the expressway, airport, and local colleges, making it highly desirable for tenants. Each of the eight units features 2 bedrooms and 1 full bath, offering a functional and in-demand layout. The property is shown by appointment only. Do Not go to the property, or approach tenants. A bank letter or proof of funds will need to be provided prior to making an appointment. With a monthly income of $7,700, this property presents a solid return with room for future growth. Its strong rental history, excellent location, and consistent demand make it a great addition to any investment portfolio. A rare opportunity to own a multi-family property in a thriving commercial area with long-term upside potential.
Property Details
- MLS #
- 365599
- Property Type
- Residential Income
- Year Built
- 1970
- County
- Lynchburg
- List Date
- 2026-04-08
- Days on Market
- 1
Listing data provided by Lynchburg Association of REALTORS®. All information deemed reliable but not guaranteed. Buyer to verify all details.