1664 Graves Mill Road, Lynchburg, VA 24502 (MLS # 365696)

Price $899,000
Status Active
Size 6,792 sqft
Lot Size 30,523 sqft
Days on Market 1
Don't miss this income-producing 8-plex (16 bedrooms/ 8 baths) 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 shown by appointment only. Do Not go to the property, or approach tenants. A bank letter or proof of funds will need to be provided prior to making an appointment. 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. A rare opportunity to own a multi-family property in a thriving commercial area with long-term upside potential.
Property Type(s): Commercial
Last Updated 4/9/2026 Year Built 1970
County Lynchburg

Additional Details

APPLIANCES Electric Water Heater
CONSTRUCTION Brick Veneer
HEAT Heat Pump
LOT 0.7007 acre(s)
SEWER Public Sewer
TAXES 5000
WATER Public

Location

 

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Listed with eXp Realty LLC-Stafford
Listing information is deemed reliable, but not guaranteed.

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