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For sale
  • $239,900

    2244 Memorial Ave, Lynchburg, VA 24501

    4beds
    2,084sqft
    : 
    Multi Family
    Built in 1923
    -- sqft lot
    $-- Zestimate®
    $115/sqft
    $-- HOA

    What's special

    Outstanding Investment Opportunity - Minutes from Liberty & University of Lynchburg! This fully vacant duplex offers an ideal setup for both seasoned investors and first-time buyers looking to build equity and generate strong cash flow. With both units move-in ready, you can place tenants at current market rents from day one. This property is perfectly positioned for long-term appreciation, tenant stability, and attractive returns. Don't miss your chance to secure a value-add asset in one of Lynchburg's fastest-growing rental markets!
    6 days
    on Zillow
    |
    471
    |
    24
    |

    Likely to sell faster than

    Zillow last checked: 7 hours ago

    Listing updated: August 04, 2025 at 12:43pm

    Listed by:

    Stephen J Acree 434-771-2531 stephen@acreebrothersrealty.com,

    Keller Williams

    Source: LMLS,MLS#: 361033MLS LogoOriginating MLS: Lynchburg Board of Realtors
    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 2244 Memorial Ave.

    Next available tour time:Today at 3pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Electric Water Heater, Unit 1(Range/Oven, Refrigerator)
    • Laundry: Unit 1(Dryer Hookup, Washer Hookup), Unit 2(Dryer Hookup, Washer Hookup)
    Features
    • Flooring: Vinyl, Wood Floors
    • Has fireplace: Yes
    Interior area
    • Total structure area: 2,084
    • Total interior livable area: 2,084 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 5,445 Square Feet
    Details
    • Foundation area: 0
    • Parcel number: 01104018
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Plaster, Vinyl Siding
    Condition
    • Year built: 1923

    Utilities & green energy

    • Electric: American Electric
    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Features: Shopping Nearby
    Location
    • Region: Lynchburg

    Financial & listing details

    • Price per square foot: $115/sqft
    • Tax assessed value: $136,000
    • Annual tax amount: $1,210
    • Date on market: 8/4/2025
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