54 Village Rd

Lynchburg, VA 24502

$420,000
Price
8
Beds
3,510 Sq. Ft.
$120 / Sq. Ft.
3,510
Sq. Ft.
$120
per Sq. Ft.
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New
New

Description

Rare quadplex opportunity conveniently located just off Leesville Rd. Each unit features 2 bedrooms and 1 full bathroom with a functional layout designed to appeal to tenants. Units include spacious eat-in kitchens and individual washer and dryer connections, adding everyday convenience. The property offers separate electric meters, while the owner currently pays for water and lawn care. With strong rental fundamentals and a desirable location near shopping, dining, and major roadways, this property...Rare quadplex opportunity conveniently located just off Leesville Rd. Each unit features 2 bedrooms and 1 full bathroom with a functional layout designed to appeal to tenants. Units include spacious eat-in kitchens and individual washer and dryer connections, adding everyday convenience. The property offers separate electric meters, while the owner currently pays for water and lawn care. With strong rental fundamentals and a desirable location near shopping, dining, and major roadways, this property presents an excellent opportunity for a savvy investor seeking a multi-family addition to their portfolio.
  1. Listed by Luther Maddy • Elite Realty

Property Details for 54 Village Road

Subdivision/Complex
Leesville Rd
Parking
Off Street Parking, Parking Lot, Paved Drive
Directions
From Timberlake Rd, turn onto Leesville Rd and then onto Village Rd. The property will be on your right.
LISTING UPDATED: 04/07/2026 05:52 PM

Property Details for 54 Village Road

StatusActive
MLS #365644
Days on Market1
Taxes$2,713 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1976
Lot Size0.34 AC / 14,767 SF
CountyLynchburg Independent City
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Location

Listing Courtesy of Elite Realty, Luther Maddy
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Building Information for 54 Village Road

Stories-Residences4Year Built1976Building Size-Lot Size0.34 AC / 14,767 SF

Payment Calculator

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$2,341 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,115

Property Taxes

$226

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 54 Village Road

Summary
Location and General Information
  • County/City: Lynchburg
  • State: VA
  • ZIP: 24502
  • Area: Lynchburg
  • Longitude: .00
  • Latitude: .00
  • City/Town: Lynchburg
Taxes and HOA
  • Tax Map/Parcel ID: 25501001
  • Estimated Taxes: $2,713.00
  • Tax Exp Frequency: Yearly
  • Taxes Expense: $2,833.00
  • Association: Lynchburg Board of Realtors
  • Association Fee Amount: $.00
  • Association Fee: 0.00
School Information
  • Elementary School: Heritage Elem
  • High School: Heritage High
  • Middle School: Sandusky Midl
  • School District: Lynchburg
Property
Lot Information
  • Acres: 0.339
  • Lot Measurement: Acres
  • Lot Size Source: (Public Records)
  • Lot Square Footage: 14767.0
  • Square Footage: 3510.0
  • 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: 1976
  • Age: 0
  • FIPS Code: 680
  • Legal Description: BROOKVILLE VILLAGE, SEC 2, LOT
  • Property Disclaimer: All information herein has not been verified and is not guaranteed
  • Allow Auto Estimate: No
  • Allow Reviews: No
  • Validated: Yes
Utilities
  • Sewer: Septic Tank
  • Water Expense: $0
  • Water Heater: Electric, Individual
  • Water: City
  • # of Water Meters: 1
  • Electric Expense: $0
  • 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
Interior Features
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Heating System: Heat Pump
  • Limited Services: No
  • Cooling: Heat Pump
  • Walls: Drywall, Paneling
  • Three Quarter Bathrooms: 0
Multi Family
Multi-Family Information
  • Total Number of Units: 4
  • Number of Unfurnished Units: 0
  • Number of Furnished Units: 0
Unit 1
  • Unit 1 Bedrooms: 2
  • Unit 1 Full Baths: 1
  • Unit 1 Half Baths: 0
  • Unit 1 Occupancy: Occupied
  • Unit 1 Rent Amount: $860.00
  • Unit 1 Square Feet: 877.0
  • Unit 1 Amenities: Dryer Hookup, Handicapped Access, Washer Hookup
Unit 2
  • Unit 2 Bedrooms: 2
  • Unit 2 Full Baths: 1
  • Unit 2 Half Baths: 0
  • Unit 2 Occupancy: Occupied
  • Unit 2 Rent Amount: $895.00
  • Unit 2 Square Feet: 877.0
  • Unit 2 Amenities: Dryer Hookup, Handicapped Access, Washer Hookup
Unit 3
  • Unit 3 Bedrooms: 2
  • Unit 3 Full Baths: 1
  • Unit 3 Half Baths: 0
  • Unit 3 Occupancy: Occupied
  • Unit 3 Rent Amount: $895.00
  • Unit 3 Square Feet: 877.0
  • Unit 3 Amenities: Dryer Hookup, Handicapped Access, Washer Hookup
Unit 4
  • Unit 4 Bedrooms: 2
  • Unit 4 Full Baths: 1
  • Unit 4 Half Baths: 0
  • Unit 4 Occupancy: Occupied
  • Unit 4 Rent Amount: $860.00
  • Unit 4 Square Feet: 877.0
  • Unit 4 Amenities: Dryer Hookup, Handicapped Access, Washer Hookup
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 Expenses: $0
  • Maintenance Expense: $0
  • Miscellaneous: Bus Route, Handicapped Access, Individual Laundry
  • Net Oper Income: $0
  • Annual Gross Income: $0

Property History for 54 Village Road

DateEvent & SourcePriceAppreciation
Apr 7, 2026

Listed (Active)

Lynchburg Association of REALTORS #365644

$420,000—
Apr 9, 2021

Sold (Public Record)

Public Record #1460453610

$250,000

+7.7% / yr

Jul 28, 2017

Sold (Public Record)

Public Record #1268391511

$190,000—
DateEvent & SourcePrice
04/07/2026

Listed (Active)

Lynchburg Association of REALTORS #365644

$420,000
04/09/2021

Sold (Public Record)

Public Record #1460453610

$250,000

+7.7% / yr

07/28/2017

Sold (Public Record)

Public Record #1268391511

$190,000

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

Public Records for 54 Village Road

Taxable ValueLand$34,000Additions$303,300Total$337,300
Tax Record2025$2,833 ($236 / month)
Home Facts
Total Finished SqFt1,755 SqFtAbove Grade Finished SqFt1,755 SqFtStories1Lot Size14,767 SqFtStyleMulti-Family Dwelling (2-4)Year Built1976ZoningR1CountyLYNCHBURG CITYAPN255 01 001

Schools near 54 Village Road

This home is within Lynchburg City Public Schools.
Rating
School
Type
Grades
Distance
Heritage Elementary School
Public - PK to 5
Sandusky Middle School
Public - 6 to 8
Heritage High School
Public - 9 to 12
Rating
School
Distance
Heritage Elementary School
PublicPK to 5

Sandusky Middle School
Public6 to 8

Heritage High School
Public9 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 54 Village Road, Lynchburg, VA 24502

54 Village Road is a multi-family home for sale in Lynchburg, VA 24502. This property was listed for sale on April 7, 2026 by Elite Realty, it's currently listed at $420,000. It has been on the market for a total of 1 days and was last sold on April 9, 2021. This listing's school district is Lynchburg City Public Schools. Nearby schools include Heritage Elementary School, Sandusky Middle School and Heritage High School. 54 Village Road is a 8-bed, 4-bath, 3,510 sqft multi-family home built in 1976.

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 Elite Realty, Luther Maddy

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.