Duplex Investment Opportunity - Great Potential! This side-by-side duplex is a fantastic investment opportunity with strong rental potential. Whether you're looking to expand your portfolio or live in one unit while renting out the other, this property offers versatility and value. Each unit offers 3 bedrooms and 1 bathroom with a convenient and functional layout. Duel zoned utilities, allowing for easy management. While the property is move-in ready, it does offer the chance to add your own updates and improvements to increase value over time. Located in a convenient location to both Liberty University and Lynchburg University it is a great choice for those looking to build equity. Reach out schedule a showing!
For sale
Price cut: $5K (7/29)
$179,900
714 Madison St, Lynchburg, VA 24504
6beds
2,339sqft
Est.:
Multi Family
Built in 1880
-- sqft lot
$-- Zestimate®
$77/sqft
$-- HOA
What's special
- 53 days
- on Zillow |
- 675 |
- 62 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 07:16am
Listed by:
Cody Smith 912-220-0424 cody@acreebrothersrealty.com,
Keller Williams
Source: LMLS,MLS#: 360037
Originating MLS: Lynchburg Board of Realtors

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Electric Water Heater, Unit 1(Dishwasher, Range/Oven, Refrigerator), Unit 2(Dishwasher, Range/Oven, Refrigerator)
- Laundry: Unit 1(Dryer Hookup, Washer Hookup), Unit 2(Dryer Hookup, Washer Hookup)
Features
- Flooring: Ceramic Tile, Wood Floors
- Has fireplace: Yes
Interior area
- Total structure area: 2,339
- Total interior livable area: 2,339 sqft
Property
Lot
- Size: 6,268.28 Square Feet
Details
- Foundation area: 0
- Parcel number: 02437014
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Drywall, Wood Siding
Condition
- Year built: 1880
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: College Hill
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $77/sqft
- Tax assessed value: $137,100
- Annual tax amount: $1,220
- Date on market: 6/20/2025
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