1200 Liggates Rd

Lynchburg, VA 24502

$1,150,000
Price
3
Beds
10,692 Sq. Ft.
$108 / Sq. Ft.
10,692
Sq. Ft.
$108
per Sq. Ft.
a front view of a house with garden
a view of a house with backyard and garden
a view of a hallway with stairs
a view of a hallway with wooden floor and white walls
a view of an entryway with staircase
a view of entryway
a view of a hallway with stairs
a view of staircase with railing and white walls
a bedroom with a bed and wooden floor
a bedroom with a bed and a window
a living room with furniture and wooden floor
a living room with furniture and a large window
a bedroom with furniture and a wooden floor
a living room with furniture and wooden floor
a living room with patio furniture and a potted plant
a view of a dining room with furniture a chandelier and wooden floor
a kitchen with a sink and a refrigerator
a bathroom with a sink and a window
a view of a dining room with furniture a chandelier and wooden floor
a bathroom with a sink a vanity and a mirror
a view of front door with chair
wooden floor in an empty room with a window
a view of empty room with wooden floor and entryway
a bathroom with a sink a toilet and bathtub
a view of a livingroom with furniture and wooden floor
a view of a front door with entryway
unknown
a utility room with dryer and washer
a front view of a house with garden
a view of building with yard
a view of a building with a yard
a large building with a yard in front of it
a large building with a big yard
a close up of a refrigerator a sink and a stove

Description

Discover a prime investment opportunity in Lynchburg! This is a well-maintained, brick, two-story walk-up with basement. It is conveniently located at 1200 Liggates Rd and features two buildings, 12 residential units and generating positive cash flow at full occupancy. Recent upgrades: 75% of units have been renovated since 2023, to include updated flooring, paint, cabinets & counters as needed, new windows, new heat pumps, new roof; shared common areas renovated (2025); Shared Laundry in basement...Discover a prime investment opportunity in Lynchburg! This is a well-maintained, brick, two-story walk-up with basement. It is conveniently located at 1200 Liggates Rd and features two buildings, 12 residential units and generating positive cash flow at full occupancy. Recent upgrades: 75% of units have been renovated since 2023, to include updated flooring, paint, cabinets & counters as needed, new windows, new heat pumps, new roof; shared common areas renovated (2025); Shared Laundry in basement that is coin operated for extra income! Ample parking, and centrally located in Lynchburg! Close to Liberty University, restaurants, shopping and local amenities, it's positioned for strong returns - act now to secure this opportunity!
  1. Listed by Callie Reyes • Mark A. Dalton & Co., Inc.

Property Details for 1200 Liggates Road

Zoning
R4
Subdivision/Complex
Commercial Misc
Parking
Off Street Parking, Parking Lot, Paved Drive
Directions
Take Fort Ave. to Liggates Rd. 1200 Liggates Rd on the corner of Fort Ave and Liggates Rd.
LISTING UPDATED: 01/13/2026 11:07 AM

Property Details for 1200 Liggates Road

StatusActive
MLS #362720
Days on Market69
Taxes$5,465 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1962
Lot Size0.53 AC / 22,869 SF
CountyLynchburg Independent City

Location

Listing Courtesy of Mark A. Dalton & Co., Inc., Callie Reyes
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Building Information for 1200 Liggates Road

Stories-Residences12Year Built1962Building Size-Lot Size0.53 AC / 22,869 SF

Payment Calculator

$6,060 per month

30 year fixed, 6.15% Interest

Principal and Interest

$5,605

Property Taxes

$455

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1200 Liggates Road

Summary
Location and General Information
  • County/City: Lynchburg
  • State: VA
  • ZIP: 24502
  • Zip Plus 4: 4800
  • Area: Lynchburg
  • Longitude: .00
  • Latitude: .00
  • City/Town: Lynchburg
Taxes and HOA
  • Tax Map/Parcel ID: 02909006
  • Estimated Taxes: $5,465.00
  • Tax Exp Frequency: Yearly
  • Taxes Expense: $5,464.60
  • Association: Lynchburg Board of Realtors
  • Association Fee Amount: $.00
  • Association Fee: 0.00
School Information
  • School District: Lynchburg
Property
Lot Information
  • Acres: 0.525
  • Lot Measurement: Acres
  • Lot Size Source: (Public Records)
  • Lot Square Footage: 22869.0
  • Square Footage: 10692.0
  • Square Footage Source: Public Record Manual
  • Est Foundation Sqft: 0.0
  • Est Other Sqft: 0.0
Property and Assessments
  • Property Type: Multi-Family
  • Property Subtype 1: Multi-Family
  • Year Built: 1962
  • Age: 0
  • FIPS Code: 680
  • Legal Description: EDLEY, BLK 6, PT LOT 6
  • Property Disclaimer: All information herein has not been verified and is not guaranteed
  • Allow Auto Estimate: Yes
  • Allow Reviews: No
  • Validated: Yes
Utilities
  • Sewer: City
  • Water Exp Frequency: Yearly
  • Water Expense: $4,569
  • Water Heater: Electric
  • Water: City
  • # of Water Meters: 1
  • Utility - Electric: American Electric
  • Electric Exp Freq: Yearly
  • Electric Expense: $1,883
  • Shared Utilities: Indiv Meter/Electric
  • # of Electric Meters: 0
  • # of Gas Meters: 0
Interior and Exterior Features
Exterior Features
  • Exterior Finish (AG): Brick
  • Attach Doc to DocBox: Disclosure, Lead Based Paint
Interior Features
  • Flooring: Vinyl
  • Heating System: Heat Pump
  • Limited Services: No
  • Cooling: Heat Pump
  • Walls: Drywall
  • Three Quarter Bathrooms: 0
Multi Family
Multi-Family Information
  • Total Number of Units: 12
  • Number of Unfurnished Units: 12
  • Number of Furnished Units: 0
Unit 1
  • Unit 1 Bedrooms: 1
  • Unit 1 Full Baths: 1
  • Unit 1 Half Baths: 0
  • Unit 1 Occupancy: Occupied
  • Unit 1 Rent Amount: $650.00
  • Unit 1 Square Feet: 0.0
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Full Baths: 1
  • Unit 2 Half Baths: 0
  • Unit 2 Occupancy: Occupied
  • Unit 2 Rent Amount: $850.00
  • Unit 2 Square Feet: 0.0
Unit 3
  • Unit 3 Full Baths: 0
  • Unit 3 Half Baths: 0
  • Unit 3 Rent Amount: $.00
  • Unit 3 Square Feet: 0.0
Unit 4
  • Unit 4 Full Baths: 0
  • Unit 4 Half Baths: 0
  • Unit 4 Rent Amount: $.00
  • Unit 4 Square Feet: 0.0
Unit 5
  • Unit 5 Full Baths: 0
  • Unit 5 Half Baths: 0
  • Unit 5 Rent Amount: $.00
  • Unit 5 Square Feet: 0.0
Unit 6
  • Unit 6 Full Baths: 0
  • Unit 6 Half Baths: 0
  • Unit 6 Rent Amount: $.00
  • Unit 6 Square Feet: 0.0
Income and Expenses
  • Gas Expense: $0
  • Heat Expense: $0
  • Insurance Frequency: Yearly
  • Insurance Expenses: $3,013
  • Maintenance Expense: $8,042
  • Maintenance Exp Freq: Yearly
  • Miscellaneous: Common Laundry
  • Net Oper Income: $72,058
  • Annual Gross Income: $114,657

Property History for 1200 Liggates Road

DateEvent & SourcePriceAppreciation
Oct 29, 2025

Price Change

Lynchburg Association of REALTORS #362720

$1,200,000—
Oct 29, 2025

Listed (Active)

Lynchburg Association of REALTORS #362720

$1,150,000—
Jul 27, 2022

Sold (Public Record)

Public Record #1495164255

$750,000—
DateEvent & SourcePrice
10/29/2025

Price Change

Lynchburg Association of REALTORS #362720

$1,200,000
10/29/2025

Listed (Active)

Lynchburg Association of REALTORS #362720

$1,150,000
07/27/2022

Sold (Public Record)

Public Record #1495164255

$750,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1200 Liggates Road

Taxable ValueLand$105,000Additions$622,000Total$727,000
Tax Record2025$6,107 ($509 / month)
Home Facts
Total Finished SqFt10,692 SqFtAbove Grade Finished SqFt10,692 SqFtStories3Lot Size22,869 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningR4CountyLYNCHBURG CITYAPN029 09 006

Schools near 1200 Liggates Road

This home is within Lynchburg City Public Schools.
Rating
School
Type
Grades
Distance
Sheffield Elementary School
Public - PK to 5
Paul Laurence Dunbar Mid. For Innov.
Public - 6 to 8
Heritage High School
Public - 9 to 12
New Vistas School
Private - 4 to 12
Rating
School
Distance
Sheffield Elementary School
PublicPK to 5

Paul Laurence Dunbar Mid. For Innov.
Public6 to 8

Heritage High School
Public9 to 12

New Vistas School
Private4 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1200 Liggates Road, Lynchburg, VA 24502

1200 Liggates Road is a multi-family home for sale in Lynchburg, VA 24502. This property was listed for sale on October 29, 2025 by Mark A. Dalton & Co., Inc., it's currently listed at $1,150,000. It has been on the market for a total of 69 days and was last sold on July 27, 2022. This listing's school district is Lynchburg City Public Schools. Nearby schools include Sheffield Elementary School, Paul Laurence Dunbar Mid. For Innov. and Heritage High School. 1200 Liggates Road is a 3-bed, 2-bath, 10,692 sqft multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mark A. Dalton & Co., Inc., Callie Reyes

Based on information from one of the following Multiple Listing Services: CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CVRMLS, Roanoke Valley Association of REALTORS (Roanoke, VA), LAR, Lynchburg Association of REALTORS® and Charlottesville Area Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.