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5036 Fort Avenue #1 & 2, 
Lynchburg, VA 24502

$349,969


6

Beds


3

Baths


2,401

Sq Ft


Single Family

Pending

Listed by

Sulwyn Palazzo

Realty One Group Leading Edge

5440100

Last updated:

June 10, 2025, 07:16 AM

MLS#

359533

Source:

VA LAR

About This Home

5036 Fort Avenue #1 & 2

Welcome to this well-maintained duplex offering excellent flexibility, space, and income opportunities. Unit 1 features three bedrooms, a bonus room (perfect for a home office or guest room), 1.5 baths, new HVac, and a large basement offering ample storage or potential for further development. Unit 2 includes three bedrooms and one full bath, making it ideal for renters or extended family. Both units are in good condition, with functional layouts and solid rental appeal. The property is zoned for both commercial and residential use, opening the door to a variety of investment strategies or owner-occupancy with business operations. Adding even more value, a separate building in the backyardcurrently used for storagewas previously occupied and presents a strong opportunity for a third income stream with the right updates or permitting. Minutes to LU and Wards Rd shopping. Investors or owner-occupiers, please call.

Home Facts

Single Family

3 Baths

6 Bedrooms

Built in 1949

Price Summary

349,969

$145 per Sq. Ft.

MLS #:

359533

Last Updated:

June 10, 2025, 07:16 AM

Added:

18 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

2,401 Sq. Ft.


Structure

Structure

Architectural Style:

Ranch

Building Area:

2,401 Sq. Ft.

Year Built:

1949


Lot

Lot Size (Sq. Ft):

15,036


Finances & Disclosures

Finances

Price:

$349,969

Price per Sq. Ft:

$145 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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