$345,000
1511 Rivermont Avenue
Lynchburg, VA 24503
6
Beds
0.14
Acres
About this home
Historic 1916 stucco duplex nestled in Lynchburg's coveted Rivermont Historic District. Both units are occupied and generating $2,390/month in gross rent. Unit 1511 offers 3 bedrooms and 1.5 baths with a long-term tenant at $795/month well below market and primed for upside at lease renewal. Unit 1513 features 3 bedrooms and 1 full bath commanding $1,595/month, reflecting strong demand along this premier corridor. Classic architectural details include a hip roof with slate tile, stucco exterior, hot water heat, and generous covered porch space. Full unfinished basement offers storage or future finishing potential. Tenants handle all lawn care and landscaping, keeping owner responsibilities minimal. Located in the EC Glass High School district, minutes from Randolph College, the James River trail, and downtown Lynchburg. A turnkey investment with immediate income and real room to grow.
Property Details
- MLS #
- 366481
- Property Type
- Residential Income
- Year Built
- 1916
- County
- Lynchburg
- Subdivision
- Middle Rivermont
- List Date
- 2026-05-15
- Days on Market
- 0
Listing data provided by Lynchburg Association of REALTORS®. All information deemed reliable but not guaranteed. Buyer to verify all details.