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4 Beds
2 Baths
1,850 sqft

$265,000

289 Independence Circle, Forest VA, 24551

Price per sqft$143.24
Built in1979
Property size1,850 sqft
Property typeMulti-family

Overview

Active

Listed Jul 15, 2026

Updated 2 weeks ago

Rare investment opportunity in Forest, VA! 289 Independence Cir is uniquely positioned as the only duplex in a quiet, established single-family neighborhood. The property features excellent, long-term tenants (~24 and 15 years) who wish to stay, ensuring immediate stability. Unit A (Left Side) is leased at $650/month through February 1, 2027, and the tenant handles all grass and leaf maintenance, keeping your operating expenses low. Unit B (Right Side) is leased at $700/month through September 30, 2026. Capital improvements offer major peace of mind: the roof was replaced by Cenvar in August 2015, the Unit A HVAC was replaced in 2018, and the Unit B HVAC was replaced in 2019 (both by Jordan Mechanical). Additionally, the septic system was completely serviced in November 2025 (lines flushed, tank pumped, and distribution box cleaned) and pumped again in April 2026. Don't miss this low-maintenance, income-generating gem in a prime location. Schedule your showing today! Sold As-Is

$1,763/mo

Est. mortgage payment based on a $265,000 home price.

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

Additional information

MLS® ID
368048
Available since
January 1, 1800

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.46 Acres

Other Property Details

Taxes
$732
Tax Frequency
Annually
55+/Senior Community
No

Broker Reciprocity Courtesy of Mark A. Dalton & Co., 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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