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Sold for $295,000
  • $295,000

    4801 Boonsboro Rd, Lynchburg, VA 24503

    --beds
    --baths
    1,908sqft
    Multi Family
    Built in 1961
    -- sqft lot
    $-- Zestimate®
    $155/sqft
    $1,809 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,809/mo

    Zestimate® history
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    What's special

    Fantastic investment opportunity in the highly sought-after Boonsboro area of Lynchburg! This well-located brick triplex features three separate units, each offering two bedrooms and private entrances, along with three individual utility meters for easy management. The two upper units include hardwood floors, fireplaces, nice bathrooms, while the lower unit provides great value-add potential with a little TLC. A shared laundry area is conveniently located in the basement with storage. Tenants will enjoy ample parking options with both off-street and on-street parking available, plus a massive backyard offering outdoor space and future improvement possibilities. This is a rare chance to own an income-producing property in one of the most desirable neighborhoods in The Hill City!

    Zillow last checked: 7 hours ago

    Listing updated: December 16, 2025 at 01:32am

    Listed by:

    FRAZIER HUGHES 540-314-5583,

    WALKER REAL ESTATE SOLUTIONS

    Bought with:

    Non Member Transaction Agent

    Non-Member Transaction Office

    Source: RVAR,MLS#: 923020MLS Logo

    Facts & features

    Interior

    Heating
    • Heat Pump Gas
    Cooling
    • Attic Fan
    Features
    • Breakfast Area, Storage
    • Has basement: Yes
    Interior area
    • Total structure area: 1,908
    • Total interior livable area: 1,908 sqft

    Property

    Parking
    • Parking features: Other - See Remarks
    Features
    • Has view: Yes
    • View description: Sunrise, Sunset
    Lot
    • Size: 0.63 Acres
    Details
    • Parcel number: 182 09 008

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • Completed
    • Year built: 1961

    Utilities & green energy

    • Electric: 0 Phase
    • Sewer: Public Sewer
    • Utilities for property: Cable

    Community & neighborhood

    Community
    • Community features: Cable TV
    Location
    • Region: Lynchburg
    • Subdivision: N/A

    Price history

    DateEventPrice
    12/16/2025Sold$295,000-19.2%$155/sqft
    Source: RVAR #923020 Report a problem
    12/1/2025Pending sale$365,000$191/sqft
    Source: RVAR #923020 Report a problem
    11/24/2025Listed for sale$365,000+143.5%$191/sqft
    Source: RVAR #923020 Report a problem
    7/9/2003Sold$149,900$79/sqft
    Source: LMLS #205868 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,463 +6.6%$293,200 +12.9%
    2024$2,310 $259,600
    2023$2,310 +8.2%$259,600 +34.9%

    Find assessor info on the county website

    Neighborhood: 24503

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.