This is a prime investment opportunity featuring a fully renovated duplex (owned and maintained by the same owner for 28 years) conveniently located within walking distance of Randolph College and Rivermont Avenue. Ideal for either owner-occupied rental or short-term rental investment, this property is situated in a neighborhood where similar homes have shown strong performance. Significant upgrades have been completed, including a new HVAC system installed this year, a brand new kitchen on the upper level, and updates in the terrace level, both equipped with modern appliances. The bathrooms retain their charm with classic black and white subway tile. Additionally, a new rear deck offers scenic views of a creek and wooded area, while a common laundry area provides hook-ups for each unit.
Pending
$314,900
58 W Princeton Cir, Lynchburg, VA 24503
5beds
1,705sqft
Est.:
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$185/sqft
$-- HOA
What's special
Modern appliancesNew rear deckNew hvac system
- 20 days |
- 748 |
- 51 |
Zillow last checked:
Listing updated:
Listed by:
Sky N. Pacot 434-941-9497 sky@skypacot.com,
LPT Realty, Inc
Source: LMLS,MLS#: 366088
Originating MLS: Lynchburg Board of Realtors
Originating MLS: Lynchburg Board of RealtorsFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Electric Water Heater, Unit 1(Dishwasher, Range/Oven, Refrigerator), Unit 2(Range/Oven, Refrigerator)
- Laundry: Common Area, Unit 1(Dryer Hookup, Utility Room, Washer Hookup), Unit 2(Dryer Hookup, Washer Hookup)
Features
- Flooring: Ceramic Tile, Laminate, Wood Floors
- Doors: Unit 1 Storm Windows/Doors, Unit 2 Storm Windows/Doors
- Windows: Unit 1 Storm Windows/Doors, Unit 2 Storm Windows/Doors
- Has fireplace: Yes
Interior area
- Total structure area: 1,705
- Total interior livable area: 1,705 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 9,557.06 Square Feet
Details
- Foundation area: 851
- Parcel number: 04002042
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Drywall, Brick, Vinyl Siding
Condition
- Year built: 1960
Utilities & green energy
- Electric: American Electric
- Sewer: City
- Water: City
- Utilities for property: Unit 2 Cable TV
Community & HOA
Community
- Features: Shopping Nearby
- Security: Unit 1 Smoke Alarm
- Subdivision: Randolph College Area
Location
- Region: Lynchburg
Financial & listing details
- Price per square foot: $185/sqft
- Tax assessed value: $182,900
- Annual tax amount: $384
- Date on market: 4/28/2026
- Cumulative days on market: 25 days
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/12/2026 | Pending sale | $314,900$185/sqft |
Source:  LMLS #366088 Report a problem | ||
| 4/28/2026 | Listed for sale | $314,900$185/sqft |
Source: LMLS #366088 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,536 +14.6% | $182,900 +21.4% |
| 2024 | $1,340 | $150,600 |
| 2023 | $1,340 +5.2% | $150,600 +31.2% |
| 2022 | $1,274 | $114,800 |
| 2021 | $1,274 +10.5% | $114,800 +10.5% |
| 2020 | $1,153 | $103,900 |
| 2019 | $1,153 +1.3% | $103,900 +1.3% |
| 2018 | $1,139 +300% | $102,600 |
| 2017 | $285 | $102,600 |
| 2016 | $285 | $102,600 |
| 2015 | $285 | $102,600 -2.2% |
| 2014 | $285 | $104,900 |
| 2012 | -- | $104,900 |
| 2011 | -- | $104,900 +1.6% |
| 2009 | -- | $103,200 +11.1% |
| 2008 | -- | $92,900 +13% |
| 2007 | -- | $82,200 |
| 2006 | -- | $82,200 |
| 2005 | -- | $82,200 +23.2% |
| 2004 | -- | $66,700 |
| 2003 | -- | $66,700 +5% |
| 2002 | -- | $63,500 |
| 2001 | -- | $63,500 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 24503
Nearby schools
GreatSchools rating
- 9/10Paul Munro Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 3/10Linkhorne Middle SchoolGrades: 6-8Distance: 1.9 mi
- 3/10E.C. Glass High SchoolGrades: 9-12Distance: 2.3 mi
A local agent can set up tours, give advice and negotiate with sellers.
- Virginia
- Lynchburg City
- Lynchburg
- 24503
- 58 W Princeton Cir
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