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714 Madison Street, Lynchburg, VA 24504

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For Sale

$210,000

6 beds2 baths

Estimated Payment

$ 1,081 /mo.

6.67% APR for 30 yrs.
$0 in taxes
Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • Over 50 Years Old
    Age

Explore this Property

Duplex Investment Opportunity - Great Potential! This side-by-side duplex is a fantastic investment opportunity with strong rental potential. Whether you're looking to expand your portfolio or live in one unit while renting out the other, this property offers versatility and value. Each unit offers 3 bedrooms and 1 bathroom with a convenient and functional layout. Duel zoned utilities, allowing for easy management. While the property is move-in ready, it does offer the chance to add your own updates and improvements to increase value over time. Located in a convenient location to both Liberty University and Lynchburg University it is a great choice for those looking to build equity. Reach out schedule a showing!
MLS# 357985

Courtesy Of The Realty Group Lynchburg dba Keller Williams

(434) 534-9113

Property Features

  • Age
    Over 50 Years Old
  • Appliances
    Dishwasher, Range, Refrigerator, Washer
  • Architecture Style
    Other
  • Cooling System
    Heat Pumps
  • Exterior Type
    Wood Siding
  • Floor Covering
    Tile, Tile - Ceramic, Wood
  • Lot Size
    0.14 Acres

Map and Directions

Directions to 714 Madison Street, Lynchburg, VA 24504
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Mortgage Calculator

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Loan Term
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Monthly Payment Breakdown

  • Principle and Interest
    $1,081
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
    $1,081

Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

Schools

Paul Munro Elementary School

Grades PK-5 Public School


Lynchburg, VA 24503 4.2 miles
4641 locksview rd

334 total students
16:1 Student teacher ratio

Linkhorne Middle School

Grades 6-8 Public School


Lynchburg, VA 24503 2.5 miles
2525 linkhorne dr

605 total students
13:1 Student teacher ratio

E. C. Glass High School

Grades 9-12 Public School


Lynchburg, VA 24501 1.2 miles
2111 memorial ave

1381 total students
14:1 Student teacher ratio

Other Nearby Schools Distance Type Grades School Rating
Lynchburg City Secondary Alternative 0.2 miles Public UG
P. L. Dunbar Middle School 0.4 miles Public 6-8 C-
R. S. Payne Elementary School 0.6 miles Public PK-5 D-
Dearington Elementary School 0.9 miles Public KG-5 B-
Carl B. Hutcherson Building 1.2 miles Public UG
Central Virginia Training Center 1.4 miles Public PK-12
Solid Rock Baptist Church 1.4 miles Private 12
Fellowship Christian Academy 1.4 miles Private 1-12
Madison Heights Elementary School 1.4 miles Public PK-5 C-
William M. Bass Elementary School 1.6 miles Public KG-5 B-
T. C. Miller Elementary School 1.6 miles Public KG-5 D+
New Vistas School 1.8 miles Private 4-12
Laurel Regional Special Education Center 1.9 miles Public UG
Linkhorne Elementary School 2.7 miles Public KG-5 D-
Perrymont Elementary School 2.8 miles Public PK-5 D-
Rivermont Lynchburg North 3.2 miles Private 1-12
Monelison Middle School 3.4 miles Public 6-8 C-
New Covenant Schools 3.4 miles Private PK-12

Lynchburg City Secondary Alternative

Distance: 0.2 miles

Type Public

Grades: UG

P. L. Dunbar Middle School

Distance: 0.4 miles

Type Public

Grades: 6-8

C-

R. S. Payne Elementary School

Distance: 0.6 miles

Type Public

Grades: PK-5

D-

Dearington Elementary School

Distance: 0.9 miles

Type Public

Grades: KG-5

B-

Carl B. Hutcherson Building

Distance: 1.2 miles

Type Public

Grades: UG

Central Virginia Training Center

Distance: 1.4 miles

Type Public

Grades: PK-12

Solid Rock Baptist Church

Distance: 1.4 miles

Type Private

Grades: 12

Fellowship Christian Academy

Distance: 1.4 miles

Type Private

Grades: 1-12

Madison Heights Elementary School

Distance: 1.4 miles

Type Public

Grades: PK-5

C-

William M. Bass Elementary School

Distance: 1.6 miles

Type Public

Grades: KG-5

B-

T. C. Miller Elementary School

Distance: 1.6 miles

Type Public

Grades: KG-5

D+

New Vistas School

Distance: 1.8 miles

Type Private

Grades: 4-12

Laurel Regional Special Education Center

Distance: 1.9 miles

Type Public

Grades: UG

Linkhorne Elementary School

Distance: 2.7 miles

Type Public

Grades: KG-5

D-

Perrymont Elementary School

Distance: 2.8 miles

Type Public

Grades: PK-5

D-

Rivermont Lynchburg North

Distance: 3.2 miles

Type Private

Grades: 1-12

Monelison Middle School

Distance: 3.4 miles

Type Public

Grades: 6-8

C-

New Covenant Schools

Distance: 3.4 miles

Type Private

Grades: PK-12

Local area information for Lynchburg, VA 24504

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Lynchburg, VA 24504

This community’s employment is highest in the production occupations and administrative support industries. The area’s overall household expenses are below the national average.

87° July
Hottest Average Month

26° January
Coldest Average Month
4,138 Total Households in Area
24.7%
of households
have children
21 minutes
Median Commute Time

Household Expenses vs National Average

Demographic facts
for Lynchburg, VA 24504

Lynchburg, VA 24504 has a population of 9,479 people in 4,138 households with a median age of 37.5 years old.

Up 1.1%
Increase in population
since the year 2010

Population is Trending up
4,105
Total households as of 2010
Up
3.3%

Community Population By Age

Community Population By Ethnicity

White 46%
Black 45%
Hispanic 3%
Other 1%
Asian <1%
Native American <1%

Economics
for Lynchburg, VA 24504

345 /sq mi
Population Density
$45,063 /yr
Median Household Income
$169,950
Median Sales Price
21 min
Median Commute Time

Household Expenses vs National Average

Household by Income

Transportation to Work

  • Drive 84%
  • Walk or Bike 8%
  • Public Transit 5%
  • Work from Home 4%

Occupancy by Type

Rented 2,175 43%
Owned 1,963 39%
Vacant 914 18%

White vs Blue Collar Jobs







White Collar 63%
Blue Collar 37%

Family & Education Facts
for Lynchburg, VA 24504

37.5 Median Age

Average Household Size

2.2
persons per
household

31.1%

Married Households

Community Population By Education

High School Graduate 32%
Some College 23%
Bachelors Degree 13%
Some High School 13%
Graduate Degree 10%
Associates Degree 9%

Household Family Expenses vs National Average

24.8% of households have children

Weather
for Lynchburg, VA 24504

The weather for this area ranges from a high of 87° F in July to a low of 26° F in January

87° July
Hottest Average Month
26° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
26°
46°
Feb
27°
50°
Mar
34°
58°
Apr
43°
69°
May
52°
77°
Jun
60°
84°
Jul
65°
87°
Aug
63°
86°
Sep
57°
80°
Oct
45°
70°
Nov
36°
59°
Dec
28°
49°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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