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2244 Memorial Avenue, 
Lynchburg, VA 24502

$219,900


Bed


Bath


2,084

Sq Ft


Multi-Family

Active

Listed by

Cody Smith

Keller Williams

5349113

Last updated:

October 20, 2025, 08:57 PM

MLS#

362638

Source:

VA LAR

About This Home

2244 Memorial Avenue

Outstanding Investment Opportunity - Minutes from Liberty & University of Lynchburg! This fully vacant duplex offers an ideal setup for both seasoned investors and first-time buyers looking to build equity and generate strong cash flow. With both units move-in ready, you can place tenants at current market rents from day one. This property is perfectly positioned for long-term appreciation, tenant stability, and attractive returns. Don't miss your chance to secure a value-add asset in one of Lynchburg's fastest-growing rental markets!

Home Facts

Multi-Family

Built in 1923

Price Summary

219,900

$105 per Sq. Ft.

MLS #:

362638

Last Updated:

October 20, 2025, 08:57 PM

Added:

8 day(s) ago


Rooms & Interior

Interior

Living Area:

2,084 Sq. Ft.


Structure

Structure

Building Area:

2,084 Sq. Ft.

Year Built:

1923


Lot

Lot Size (Sq. Ft):

5,445


Finances & Disclosures

Finances

Price:

$219,900

Price per Sq. Ft:

$105 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. © 2025 Lynchburg Association Of REALTORS® All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.