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3 Beds
1 Bath
1,180 sqft

$149,900

840 Old Forest Road, Lynchburg VA, 24501

Price per sqft$127.03
Built in1962
Property size1,180 sqft
Property typeResidential

Overview

Active

Listed Sep 5, 2026

Updated 14h ago

High-Upside Duplex Opportunity on a 0.44-Acre Double Lot: Move-In Ready 3 Bed/1 Bath Upstairs + Framed 2 Bed/1 Bath Walkout Downstairs! Perfect for house-hackers or investors seeking immediate living upstairs with built-in equity downstairs. Upper level is move-in ready with mini-split HVAC, updated flooring, refrigerator, in-unit laundry, and private deck overlooking Blackwater Creek. Value-Add Lower Level: Walkout basement is fully framed for a 2-bed, 1-bath unit with separate electric meter installed and rough plumbing completed. Finish drywall and fixtures to unlock an immediate second rental stream. Conveys two adjacent parcels (840 & 844 Old Forest Rd) with off-street parking. Minutes from University of Lynchburg. Sold strictly As-Is; priced for immediate sweat equity!

$997/mo

Est. mortgage payment based on a $149,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
369070
Available since
January 1, 1800

Interior Features

Bedrooms
3
Bathrooms
1
Cooling
Yes
Heating
Yes
Basement
Yes

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Taxes
$1,173
Tax Frequency
Annually
55+/Senior Community
No

Broker Reciprocity Courtesy of Epique Inc

 

IDX information is provided exclusively for consumers’ personal, non-commercial use,  and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.  Information deemed reliable but not guaranteed.  Copyright: by the VA - Lynchburg Association of REALTORS® (LAR).

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