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31559251
31559252

1664 Graves Mill Rd, Lynchburg, VA 24502

JR
0225183489
$899,000
80 days on market
Updated 79 days ago

1664 Graves Mill

Details
Property Type Multifamily
Sub Type 8 plex
Units 8

Multifamily | 8 Units | $1,000/unit

Marketing description

income-producing 8-plex ideally located in a high-traffic corridor on Graves Mill Road, surrounded by established restaurants, businesses, and everyday conveniences. This prime location offers easy access to the expressway, airport, and local colleges, making it highly desirable for tenants.

Each of the eight units features 2 bedrooms and 1 full bath, offering a functional and in-demand layout. The property is equipped with heat pumps for efficient heating and cooling, and the owner currently covers water and exterior maintenance, simplifying operations.

Investment highlights

With a monthly income of $7,700, this property presents a solid return with room for future growth. Its strong rental history, excellent location, and consistent demand make it a great addition to any investment portfolio.

Whether you’re a seasoned investor or looking to expand your holdings, this is a rare opportunity to own a multi-family property in a thriving commercial area with long-term upside potential.

Listing Contacts

JR
0225183489

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Map

Zoning

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B1 CommercialSpecial CommercialLimited Business District
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Last updated Feb 16, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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