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1513 Polk Street, 
Lynchburg, VA 24504

$179,900

—

Bed

—

Bath

2,160

Sq Ft

Multi-Family

Active

Listed by

Stacy Powell

Keller Williams

5349113

Last updated:

January 15, 2026, 07:47 PM

MLS#

363704

Source:

VA LAR

About This Home

1513 Polk Street

This fully leased triplex presents a strong investment opportunity with immediate cash flow in place. The property consists of three units that are all currently occupied. Unit rents are well staggered, offering built-in income diversity and stability. Major capital improvements have already been completed, including a new 20-year architectural shingle roof on both the front and rear sections of the building, along with brand-new gutters and downspouts. The foundation has been professionally addressed with repointing and new footers added in select areas. Unit #3 features a fully renovated bathroom and a new mini-split system installed in 2025, adding modern comfort and efficiency. 100% Leased Unit #1 $510; Unit #2 $685; Unit #3 $750;Gross Rent $1,945. Come check this property out today!

Home Facts

Multi-Family

Built in 1855

Price Summary

179,900

$83 per Sq. Ft.

MLS #:

363704

Last Updated:

January 15, 2026, 07:47 PM

Added:

20 day(s) ago

Rooms & Interior

Interior

Living Area:

2,160 Sq. Ft.

Structure

Structure

Building Area:

2,160 Sq. Ft.

Year Built:

1855

Lot

Lot Size (Sq. Ft):

6,359

Finances & Disclosures

Finances

Price:

$179,900

Price per Sq. Ft:

$83 per Sq. Ft.

Source:VA LAR
The information being provided by Lynchburg Association Of REALTORS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Lynchburg Association Of REALTORS® All rights reserved.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.