Lynchburg, VA Multifamily Homes & Duplexes for Sale
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$849,000
- 3,900 Sq Ft
2525 Rivermont Ave, Lynchburg, VA 24503
2525 Rivermont Ave, Lynchburg, VA 24503 -
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$60,000,000
- 25,000 Sq Ft
2595 Waterlick Rd, Lynchburg, VA 24502
2595 Waterlick Rd, Lynchburg, VA 24502 -
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About Lynchburg



Lynchburg, known as “The City of Seven Hills,” is embraced for its natural beauty among the foothills of the Blue Ridge Mountains along the James River. Residents of this central Virginia city take full advantage of the surrounding mountainous counties and the nature trails that weave through it. With just over 80,000 residents, Lynchburg is estimated to have a population increase of 5% throughout the next five years. A boom in local business has also fostered a new, vibrant energy in the downtown area over the past decade. “You can see Lynchbu ...
Home Trends in Lynchburg, VA
On average, homes in Lynchburg, VA sell after 43 days on the market compared to the national average of 47 days. The average sale price for homes in Lynchburg, VA over the last 12 months is $310,066, up 9% from the average home sale price over the previous 12 months.
Home Trends
In Lynchburg, there are currently 14 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $75,000 to $60,000,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Lynchburg is $287,000, while the average sale price is $310,066, offering insights into the local housing market. On average, multi-family homes spend 43 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Lynchburg, VA.